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Al Bilad awards $25m Seef contract |
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 Al Bilad Real Estate Investment has awarded a two-year $25 million contract to Al Hasanain Company to build quay walls for the Water Garden City project at Seef in Bahrain.
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Siemens installs renewable plant in Egypt |
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 Engineering group Siemens has taken another step towards becoming one of the world's top three wind turbine makers by 2012 by installing a 250-megawatt renewable energy plant in Egypt's Gulf of Suez on the Red Sea coast.
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Bahrain property 'back in limelight' |
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 Dubai's lingering debt woes have given Bahrain a big opportunity to regain its past status as the focal point for Middle Eastern business in 2010, the head of the kingdom's $4 billion Bahrain Bay project said.
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Alshaya invests $40m in Dubai’s newest mall |
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 M H Alshaya, a leading retailer in the Middle East, has invested Dh147 million ($40 million) across people, property, infrastructure and marketing in the newly opened Mirdif City Centre to support its portfolio of 29 brands.
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UAE money supply growth slows |
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 Money supply in the United Arab Emirates grew 1.3 per cent year-on-year at the end of February, the slowest rate of growth since at least 2001, central bank data showed.
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Dubai art patrons honoured |
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 The inaugural Sheikh Mohammed Bin Rashid Al Maktoum Patrons of the Arts Awards were presented today (March 18) to individuals and organisations who supported the development of Dubai’s art scene over the last three years.
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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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Suez Canal revenue falls 16.7pc |
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 Revenue from Egypt's Suez Canal declined 16.7 percent to $2.262 billion in the period from July to December 2009, the central bank said on its website on Thursday.
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Dubai culinary event hosts Caprice restaurant |
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 A popular culinary event, which hosts 20 of Dubai’s top restaurants, including some of the newest to open in the city, is featuring Rivington Grill, the first restaurant of UK-based Caprice Holdings to open in Dubai.
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Abu Dhabi forum to bolster SMEs |
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 UAE’s burgeoning small and medium enterprises could get a boost at an upcoming event in Abu Dhabi that will provide a platform to help develop young entrepreneurs as well as drive innovation in new and established businesses.
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Iraq's Transport Ministry is trying to speed up delivery of 55 new aircraft from Boeing as the country expands operations of Iraqi Airways, the transport minister said.
Qurain Petrochemical Industries Company (QPIC) has reported a net profit of KD7.09 million ($24.8 million), or 6.47 fils per share, for the year ended December 31, 2009.
Roche Holding's experimental drugs to treat melanoma and raise 'good' HDL cholesterol could transform treatment of cancer and heart disease, its chief executive said.
Dallas-based Wilson Associates, one of the world's leading hospitality interior design firms, has been chosen to design 19 hotels coming up simultaneously in Makkah.
Emirates Telecommunications (Etisalat) has applied to bid for 3G radio spectrum in India, an official at the Abu Dhabi-based company said on Thursday.
UAE banks are likely to keep a tight lid on lending in coming years, even if the sector manages to avoid an immediate hit from the Dubai World debt restructuring, analysts say.
The first electronic trading platform allowing Sharia-compliant companies to raise money will launch in London in May, the venture capital firm behind the project said.
Yemen plans to free Shi'ite rebel prisoners within days under a truce to end a long-running war that drew in neighbouring oil exporter Saudi Arabia last year, a government official said on Thursday.
Bahrain will start initial testing of its 1,240 megawatts Al Dur power and water plant in April, an official said in published remarks on Thursday.
Bahrain has launched a new corporate governance code which is designed to strengthen the kingdom's position as a business and financial centre.
Experts will present the latest technologies, equipment and ecological methods aimed at increasing local food production at an upcoming major agribusiness show in Dubai.
