Saturday 18 April 2015

0

10MW PROJECTS
Iraq to build new solar, wind power stations

Iraq's electricity ministry has invited expressions of interest from major companies for the construction of three solar power stations and a wind power plant.

more…

1

RISKS ‘MORE BALANCED’
G20 upbeat on over global growth outlook

The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday, even as officials fretted that Athens' inability to strike a deal with its lenders could upset Europe's tentative recovery.

more…

2

MIDEAST TENSIONS WEIGH
Oil off 2015 peaks, but jumps 9.6pc on the week

Crude futures fell from 2015 peaks in choppy trading on Friday, but Brent's 9.6 per cent weekly gain was its biggest in more than five years as Middle East turmoil and signs of lower US production lifted prices.

more…

3

FOCUS
Foreigners queue for opening of $500bn Saudi bourse

As Saudi Arabia's $500 billion-plus bourse prepares to open its doors to foreigners in June, outside investors appear ready to accept the political and financial risks as they finally get access to a market that rivals Brazil and Russia's.

more…

4

SPOTLIGHT
Majority of Arabs back govt use of social media

A majority of Arab people support governments’ use of social media in taking citizen engagement and services delivery to the next level, according to industry experts.

more…

5

NEWS IN PICTURES
Time capsule in mall

Majid Al Futtaim, the leading shopping mall, retail and leisure group, today welcomed students from Bradenton Preparatory School in Dubai, UAE, to the creation and burial of a time capsule on the site of the City Centre Me’aisem mall.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Bahrain's twin tower project on track

The construction work at Juffair Heights, a freehold residential project being developed by Pegasus Real Estate in Bahrain, is in full swing and on schedule, said a report.

More…
Retail & Wholesale

Qatar's Aamal, German group in retail JV

Qatar-based Aamal Company said it has joined hands with German retail mall operator ECE Projektmanagement to set up a new company to manage its new shopping centres in the country.

More…
Energy, Oil & Gas

Iraq to build new solar, wind power stations

Iraq's electricity ministry has invited expressions of interest from major companies for the construction of three solar power stations and a wind power plant.

More…
Finance & Capital Market

G20 upbeat on over global growth outlook

The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday, even as officials fretted that Athens' inability to strike a deal with its lenders could upset Europe's tentative recovery.

More…
Analysis, Interviews, Opinions

Majority of Arabs back govt use of social media

A majority of Arab people support governments’ use of social media in taking citizen engagement and services delivery to the next level, according to industry experts.

More…
Industry, Logistics & Shipping

Rolls-Royce wins $9.2bn order from Emirates

Rolls-Royce said it had won a $9.2 billion order to supply engines for 50 A380 aircraft for Dubai's Emirates airline, providing a boost for the British company after a torrid year of profit warnings.

More…
IT & Telecommunications

SunGard to explore possible $10bn sale

Financial technology company SunGard Data Systems Inc is preparing to appoint financial advisers to explore a sale that could value it at as much as $10 billion, including debt, people familiar with the matter said on Friday.

More…
Lifestyle

BMW Middle East Q1 sales up 11pc

BMW Group Middle East said its sales rose 11 per cent in the first quarter of 2015 compared to the same period last year, with a total of 8,302 BMW and MINI vehicles delivered to customers in 12 Middle East markets.

More…
Motoring

Bahrain gears up for Grand Prix weekend

One of the most action-packed weekends in the country's calendar begins today (April 17) as the Formula One Gulf Air Bahrain Grand Prix gets underway.

More…
Health & Environment

Aldar to open top healthcare unit in Al Reem

Abu Dhabi-based Aldar Properties, a leading real estate firm, is set to bring world-class healthcare facilities to Al Reem Island in the UAE emirate with a 100,000-sq-ft day care centre.

More…
Media & Promotion

Ooredoo launches 'Fans Do Wonders' campaign with PSG

Ooredoo today announced that it will launch a new global communication campaign with Paris Saint-Germain (PSG), as the company looks to deploy the power of football to inspire the next generation.

More…
Miscellaneous

Saudi in deal to buy stake in Canadian grain firm

Saudi Arabia's state-owned agricultural investment firm and US grain trader Bunge Ltd will buy a controlling stake in Canadian grain handler CWB in a bold move by the Gulf state to secure food supplies.

More…

calendarCalendar of Events

Ads

DHgate.com

Browse latest range of products on wholesale rate including pipe fittings by PCFSCT, medical supplies by Gongdong Medical Company, Wire Mesh by AnpingYadong and Tower Cranes by Kerui Cranes by Kerui powered by: Telco Corp.