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ACTIVITY UP IN ALL SECTORS
UAE economic growth hits 4.4pc in 2012
Economic growth in the UAE accelerated to 4.4 percent in inflation-adjusted terms in 2012 from a downwardly revised 3.9 percent the previous year as activity picked up across all sectors, its statistics office said on Sunday.
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CEREALS, MILK LEAD
Bahrain’s food usage rate to top CAGR of 2pc
Bahrain’s food consumption is projected to grow at a CAGR of 2.1 per cent during 2012–17, with cereals and milk are likely to remain the leading food segments in terms of consumption, followed by vegetables, fruits, and meat, a report said.
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MOVE TO MAXIMISE SYNERGIES
Etihad to acquire Abu Dhabi airport services firms
Etihad Airways, the national airline of the UAE, will acquire three airport services companies in a move to develop its in-flight catering services, ground handling and cargo operations at Abu Dhabi International Airport.
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ANALYSIS
Change looms for Ethiopia's ancient salt trade
For years Ethiopia's independent miners pulled slabs of salt from the earth and slowly transported them by camel. But a modern paved road could change that tradition - and, some fear, invite large companies into the fray.
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OPINION
EOR 'will anchor oil prices below $100'
Enhanced oil recovery (EOR) techniques could boost US domestic oil production by 4 million barrels per day for 50 years, while storing all the emissions from 93 power plants, at a price of just $85 per barrel, according to an estimate.
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IMAGE OF THE DAY
The displaced
Children pose for a photo at a camp for internally displaced persons (IDPs) in Al-Mazraq of the northwestern Yemeni province of Hajja.
Top Trade News
 | Industry Sectors |
Big demand for housing projects at KAEC
The huge influx of investments in business enterprises and industrial projects at King Abdullah Economic City (KAEC) have resulted in a surge in demand for residential accommodation for employees and workers, said a senior official.
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D’damas opens new outlet in India
D’damas, a joint venture between leading jewellers Gitanjali Group and Dubai-based Damas, has announced the launch of its 4,000 sq ft store at Lucknow, the capital of north Indian state of Uttar Pradesh.
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Kuwait replaces top oil sector officials
State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co over a scrapped plastics joint venture.
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UAE economic growth hits 4.4pc in 2012
Economic growth in the UAE accelerated to 4.4 percent in inflation-adjusted terms in 2012 from a downwardly revised 3.9 percent the previous year as activity picked up across all sectors, its statistics office said on Sunday.
More…
Change looms for Ethiopia's ancient salt trade
For years Ethiopia's independent miners pulled slabs of salt from the earth and slowly transported them by camel. But a modern paved road could change that tradition - and, some fear, invite large companies into the fray.
More…
GCC exports over 80pc of petchem production
The Gulf countries export more than 80 per cent of their petrochemical production including ethylene glycol, styrene monomer and paraxylene to overseas markets, said a senior industry expert.
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Etihad to acquire Abu Dhabi airport services firms
Etihad Airways, the national airline of the UAE, will acquire three airport services companies in a move to develop its in-flight catering services, ground handling and cargo operations at Abu Dhabi International Airport.
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Mobily partners with PCCW Global
Mobily, the second largest telecoms company in Saudi Arabia, said its subsidiary Bayanat Al Oula has signed a co-operation agreement with PCCW Global to enhance its business opportunities.
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Saudi says hackers sabotage govt websites
Several government websites in Saudi Arabia were sabotaged in a series of heavy cyber attacks from abroad in recent days, disabling them briefly until the attacks were repelled, the government said.
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New Jaguar F-TYPE makes UAE debut
UAE-based Al Tayer Motors has launched Jaguar F-TYPE, the new all-Aluminium two-seater convertible sports car from the leading luxury automotive manufacturer Jaguar and Land Rover.
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MAF Dalkia inks service deal for TDIC project
MAF Dalkia, a leader in energy management services, has signed a three-year deal with Abu Dhabi’s Tourism Development Investment Company (TDIC) to support a high-profile mixed-use development in the emirate.
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Saudi woman creates history by climbing Everest
Raha Moharrak, a 25-year-old Saudi woman, has made history by becoming the youngest Arab to reach the summit of the world's highest mountain Everest.
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Arab education summit concludes in Amman
Leading experts from around 15 Arab countries examined the latest issues in technology in education and vocational training at the 'Arab Education Summit' held recently in Amman.
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Jotun launches coatings for home products
Jotun, a leading manufacturer of paints and coatings, has launched a range of powder coatings specially formulated to bring distinct visual character, colour and personality into household products.
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