Friday 29 May 2015
 
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approval

Kuwait wins municipal nod for GCC rail work

In a significant development, the Kuwait government has won approval from its municipal council for the construction of the railway line linking the ambitious Gulf network, said a report. The joint project is to develop a railway

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BC Conduit approved for use in Kingdom Tower

BC Conduit, an affiliate of Bahra Cables Company, said its unplasticised polyvinyl chloride (uPVC) conduits have been approved for use in electrical installations at Kingdom Tower in Jeddah, Saudi Arabia. The tower is being built

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BC Conduit approved for use in Kingdom Tower

BC Conduit, an affiliate of Bahra Cables Company, said its unplasticised polyvinyl chloride (uPVC) conduits have been approved for use in electrical installations at Kingdom Tower in Jeddah, Saudi Arabia. The tower is being built

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MMG's recovery plan gets board approval

Saudi contractor Mohammad Al Mojil Group's (MMG) board had approved a recovery plan that uses most of its existing capital base to pay off debts and new cash raised through a share issue, it said on Sunday. The firm, which got

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Etihad's codeshare plan for 34 Air Berlin flights rejected

Abu Dhabi-based airline Etihad has been denied approval to add its code to some flights operated by partner Air Berlin to Germany, meaning the German airline could lose out on passengers that it needs to fight its way back to profit.

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Facebook to win EU approval for $19bn WhatsApp bid

Leading social network Facebook will win unconditional EU approval for its $19 billion offer for mobile messaging startup WhatsApp in a deal pitting it against telecoms operators, two people familiar with the matter said. The land

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Faster-acting erectile dysfunction drug gets FDA approval

An erectile dysfunction drug that reduces by half the time patients need to take the pill before sexual activity has been approved by the US Food and Drug Administration. Developed by Auxilium Pharmaceuticals and Vivus, the drug,

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Hapag-Lloyd deal to win EU approval

Hapag-Lloyd and Compania SudAmericana de Vapores will win conditional European Union approval for their merger that will create the world's fourth-largest container shipping company, sources said. The tie-up is important for t

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UAE cbank backs ADIB purchase of Barclays unit

Abu Dhabi Islamic Bank (ADIB) has received regulatory approval from the United Arab Emirates central bank for its purchase of Barclays' retail operations in the country, its chief executive said on Tuesday.  

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Councillors to seek approval to develop Bahrain Fort

Councillors will approach the United Nations next month for approval to develop the area around Bahrain Fort. They will present their proposals at the United Nations Educational, Scientific and Cultural Organisation (Unesco) in Pa

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