Sunday 5 July 2015

0

CONTRACT RIGHTS
Dana Gas wins key ruling in Kurdistan row

Dana Gas, one of the largest oil and gas investors in Iraq's semi-autonomous Kurdish region, said on Sunday that it had obtained a favourable ruling from a London arbitration tribunal in its dispute with Kurdistan authorities.

more…

1

POLYETHYLENE PRODUCTION
Sabic, Korea's SK in $640m petchem plant JV

Saudi Basic Industries Corporation (Sabic) said on Sunday it had completed the formation of a joint venture with Korean petrochemical manufacturer SK Global Chemical Company to produce polyethylene products.

more…

2

RAMADAN IMPACT
Saudi non-oil business activity hits record low

Growth in Saudi Arabia's non-oil private sector slowed in June, a recent survey of businesses revealed, reaching its lowest level since the survey was launched in August 2009.

more…

3

ANALYSIS
Dubai hotels sector focus shifting to mid-market

Dubai is seeing a shift towards the development of mid-market hotels, underpinned by government incentives, a growing middle class in key source markets and the rise of a younger, more cash constrained guest profile, a report said.

more…

4

ANALYSIS
Oil price flux unlikely to hit long-term sector growth

The cyclicality of the oil and gas industry is unlikely to impact the long term trajectory of the sector, a report said, noting that the current fluctuations may speed up some of the trends that were already unfolding.

more…

5

IMAGE OF THE DAY
Expanding its horizon

National carrier Qatar Airways has launched its second new destination of the year, touching down in the Spice Island of Zanzibar.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Mideast construction disputes value hits $77m

The total value of disputes relating to major construction projects in the Middle East grew by 88 per cent to hit $76.7 million in 2014 compared to the previous year, said a report.

More…
Retail & Wholesale

Fondiversal launches ‘world’s smallest’ camera

Fondiversal Technology, the Taiwan-based consumer electronics conglomerate, said it has launched the world’s smallest and lightest “OnReal” cam in Middle East Africa (MEA) region.

More…
Energy, Oil & Gas

Sabic, Korea's SK in $640m petchem plant JV

Saudi Basic Industries Corporation (Sabic) said on Sunday it had completed the formation of a joint venture with Korean petrochemical manufacturer SK Global Chemical Company to produce polyethylene products.

More…
Finance & Capital Market

Saudi non-oil business activity hits record low

Growth in Saudi Arabia's non-oil private sector slowed in June, a recent survey of businesses revealed, reaching its lowest level since the survey was launched in August 2009.

More…
Analysis, Interviews, Opinions

Oil price flux unlikely to hit long-term sector growth

The cyclicality of the oil and gas industry is unlikely to impact the long term trajectory of the sector, a report said, noting that the current fluctuations may speed up some of the trends that were already unfolding.

More…
Industry, Logistics & Shipping
Travel, Tourism & Hospitality

Dubai shifts focus to mid-market hotels

Dubai is seeing a shift towards the development of mid-market hotels, underpinned by government incentives, a growing middle class in key source markets and the rise of a younger, more cash constrained guest profile, a report said.

More…
IT & Telecommunications

Mobily’s 4G network sees 270pc growth

Etihad Etisalat Mobily, a leading telecom operator in Saudi Arabia, has reported a 270 per cent growth rate in the average of transferred data on its 4G network during the month of Ramadan this year as against the same period of last year.

More…
Motoring

CVC Capital to keep Formula One stake

Formula One's commercial rights holders CVC Capital Partners are under no pressure to sell their controlling stake in the sport and want to keep it, co-chairman Donald Mackenzie said on Saturday.

More…
Health & Environment

New family hospital opens in Abu Dhabi

Medeor 24x7 Hospital, a multi-specialty 80-bed family hospital, has opened in Abu Dhabi, UAE offering state-of-the-art facilities and innovative biomedical technologies.

More…
Media & Promotion

Mall of Qatar to debut laser-lit cinema projectors

Mall of Qatar, the region’s largest leisure, entertainment and shopping complex, when it opens its doors in Doha, will première the Middle East’s first laser-illuminated projectors in its 19-screen CinemaCity complex.

More…
Education, HR & Training

Al Jalila inks major UAE education deal

UAE’s Al Jalila Foundation, a global philanthropic organisation dedicated to medical education, has signed an agreement with the Ministry of Education covering a number of initiatives in career, education and innovation.

More…
Miscellaneous

25 militants killed in Egypt air strikes in Sinai

Egyptian warplanes killed 25 Islamist militants in North Sinai on Saturday, security sources said, as the Egyptian president visited the province after a major escalation of the conflict there.

More…

calendarCalendar of Events

Ads

DHgate.com

Browse latest range of B2B products from: TradeLofy powered by: Telco Corp.