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Saudi steel demand seen rising 8pc |
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 Demand for steel in top oil exporter Saudi Arabia is expected to rise this year by 8 percent with consumption nearing 6.4 million tonnes, Saudi Arabian Basic Industries (Sabic) said on Wednesday.
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GCC tourists to Turkey up 16.5pc |
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 The number of GCC tourists selecting Turkey as favourable tourist destination has increased in 2009 by 16.45 per cent, said a top official of the Turkish tourism department in Dubai.
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Hikma Pharma sees low-teens sales growth |
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 Jordan-based Hikma Pharmaceuticals expects to grow sales in the "low-teens" percent in 2010, up from 10 per cent in 2009, as increasingly Western lifestyles drive Middle East demand for modern drugs.
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Etisalat, Comviva ink VAS partnership deal |
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 Etisalat has signed a partnership deal with Comviva, a leading provider of mobile value added services (VAS) solutions in emerging markets for introduction of VAS solutions to its subscribers worldwide.
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Citadel Capital registers strong growth |
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 Citadel Capital, a leading private equity firm in the Middle East and Africa, has witnessed strong growth in net asset value, revenues and profits with its net earnings surging to EGP 211.4 million ($38.1 million).
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GCC market 'to play key role in global economy' |
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 The trillion-dollar GCC market will be a springboard to help the countries of the region develop as major players in the global economy, Economic Development Board (EDB) chief executive Shaikh Mohammed bin Essa Al Khalifa has said.
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Arabia CSR Network, Hawkamah sign deal |
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 The Arabia CSR Network and Hawkamah Institute for Corporate Governance today signed a MoU aimed at enhancing corporate governance and sustainable business practices in the UAE and the GCC region.
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Qatar Traffic, IBQ launch road safety drive |
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 Qatar Traffic and Patrols and the International Bank of Qatar (IBQ) have launched the second phase of the Schools without Accidents campaign with a series of new Traffic Week activities aimed at promoting road safety awareness.
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Yemen rebels free 178 soldiers, civilians |
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 Yemen Shi'ite rebels have freed 178 captive government soldiers and civilians, Al Arabiya television reported on Wednesday, a day after Sanaa accused them of dragging their heels on implementing a truce deal.
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Egypt eyes private wind farms |
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 Egypt is likely to launch the second round of bidding in mid-2011 to choose from 10 firms short-listed to build its first private wind farm, a World Bank energy specialist said on Tuesday.
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Saudi Arabia's Arabtank Terminal (ATTL) is boosting its oil storage capacity at the Red Sea coast port of Yanbu by 580,000 cu m, industry sources said.
Dubai Investments Park (DIP), a wholly owned subsidiary of Dubai Investments, has announced the launch of the eighth and the final phase of the 2,400 hectare mixed used development.
Kitchens & beyond, in collaboration with Poggenpohl, the world’s leading luxury kitchen brand, launched its newly refurbished showroom in Dubai.
Cityscape Intelligence, a leading real estate information service based in Dubai, has announced the launch of the first Saudi residential and commercial price index.
MH Alshaya Company has opened its first Pottery Barn home furnishings retail store in the Middle East at Mirdif City Centre in Dubai.
Emerging stock markets will easily outpace gains seen this year for rich world counterparts, where there are signs of waning enthusiasm after 2009's historic rally, Reuters polls have showed.
Jordan National Shipping Lines (JNSL) posted operational revenues of JD17.15 million ($24.2 million) during 2009, an increase of 21.85 per cent compared to JD14.075 million in 2008.
Financial incentives aimed at encouraging healthier food choices are catching on all over the world, says a report.
Bahrain has launched a new corporate governance code which is designed to strengthen the kingdom's position as a business and financial centre.
The Community Development Authority (CDA) in Dubai marked the official launch of the Dubai Early Childhood Development Centre (DECDC), a first of its kind initiative in the Middle East region.
Experts will present the latest technologies, equipment and ecological methods aimed at increasing local food production at an upcoming major agribusiness show in Dubai.
