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FIRST BIG QATAR PROJECT
FCC wins $702m Doha metro line contract
A consortium led by FCC, a global leader in subway construction, has clinched a 506 million euro ($702 million) contract from the Qatar Railways Company to build a section of Doha Metro red line.
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SHIP IN INTERNATIONAL WATERS
N Korea tanker ‘leaves Libya rebel port carrying oil’
A North Korean-flagged tanker that loaded crude oil at a rebel-held port in eastern Libya is now in international waters, rebels at the harbour and a state oil company official said on Tuesday.
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OUTPUT BY 2018
Aramco to produce unconventional gas for projects
Saudi Aramco plans to produce 200 million cubic feet per day (cfd) of unconventional natural gas by 2018 to supply a new phosphate project and a power plant, an industry source said.
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TECHNOLOGY
The age of genomic medicine dawns, finally
Recently, a combination of lower-cost sequencing technology and a growing list of wins in narrow corners of medicine are starting to show that genomic medicine is on the verge of delivering on some of its early claims.
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ANALYSIS
Huge housing deal signals Gulf investment push into Egypt
A $40 billion deal for Dubai firm Arabtec to build one million homes in Egypt may mark the start of politically-inspired Gulf investment in the country's infrastructure, from housing to transport, power generation and agriculture.
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IMAGE OF THE DAY
Dinosaur visits Dubai Mall
Emaar has unveiled a 155 million-year-old Late Jurassic Period dinosaur at The Dubai Mall. Featuring a long tail sweeping behind, and an equally slender long neck rising eerily high, the dinosaur stands 24.4m long and 7.6m high.
Top Trade News
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FCC wins $702m Doha metro line contract
A consortium led by FCC, a global leader in subway construction, has clinched a 506 million euro ($702 million) contract from the Qatar Railways Company to build a section of Doha Metro red line.
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Centrepoint opens 100th store in Dubai
Centrepoint, a leading Middle East shopping destination, has opened its 100th store in the region in line with its aggressive expansion plans for the Middle East, Asia and Africa region.
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Alstom opens smart grid centre in Dubai
Alstom, a leading provider of advanced electrical grid solutions, has opened its first smart grid centre in the Middle East in Dubai.
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Oman warns banks on conflicts of interest
Oman's central bank has told commercial lenders to avoid conflicts of interest when appointing board members and senior management, in a fresh effort to improve corporate governance in the sultanate.
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Huge housing deal signals Gulf investment push into Egypt
A $40 billion deal for Dubai firm Arabtec to build one million homes in Egypt may mark the start of politically-inspired Gulf investment in the country's infrastructure, from housing to transport, power generation and agriculture.
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Non-oil sectors ‘biggest contributors to UAE economy’
Non-oil sectors were the biggest contributors to the UAE economy’s growth last year, with growth rates reaching seven per cent in some sectors, said a senior official.
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JA Resorts to launch high-end resort In Maldives
JA Resorts & Hotels – the Dubai-based international hospitality company – has announced the acquisition of a high-end all inclusive resort soon to launch in the Maldives.
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Dubai mobile emissions below global standards
Dubai's mobile services including GSM, UMTS and LTE within the measured sites have emission levels well below the international guidelines for exposure, said a study.
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Independent foreign policy non-negotiable: Qatar
Qatar has again dismissed demands by three fellow Gulf states for changes to its foreign policy, calling its independence "non-negotiable" in a further sign that it will continue to aid Islamists such as Egypt's Muslim Brotherhood.
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New Renault Safrane arrives in Saudi
The new Renault 2014 Safrane has arrived in Saudi Arabia and offers affordable luxury, says a statement.
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CGM acquires 3 European healthcare IT providers
CompuGroup Medical (CGM), a leading provider of eHealth solutions in the Middle East and Turkey, has acquired three European healthcare IT providers this year.
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155m-year-old dinosaur finds home in Dubai Mall
One of the largest creatures to walk the earth 155 million years ago has found a new home in The Dubai Mall, the world’s largest shopping and entertainment destination.
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J4B marks first year with Tamkeen backing
Jobs4Bahrainis.com (J4B), a leading online employment and careers service, has achieved a number of milestones in the first year of its strategic partnership with Tamkeen, Bahrain’s Labour Fund.
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Saudi 'spends $1.6bn on energy drinks'
People in Saudi Arabia consume energy drinks worth about SR6 billion ($1.599 billion) a year, a member of the Jeddah Chamber of Commerce and Industry (JCCI) was quoted as saying.
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