Tuesday 19 March 2024
 
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Tap water tops home water usage in Abu Dhabi

A large proportion of water usage in homes in Abu Dhabi came from tap usage, requiring future initiatives to reduce excessive tap use, according to a recent survey. The controlling of water leakage and managing irrigation practice

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Foreign investors in Bahrain 'can tap US market benefits'

Foreign investors have been told that by setting up manufacturing in Bahrain, they can get duty-free access to the US market, provided they add 35 per cent domestic content within the kingdom. At a panel discussion hosted by the A

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NSA intercepts Google, Yahoo traffic overseas

The National Security Agency has tapped directly into communications links used by Google and Yahoo to move huge amounts of email and other user information among overseas data centres, the Washington Post reported on Wednesday. T

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Abu Dhabi firms to tap bond market in H2

HSBC Holdings, the top arranger of debt issues in the Middle East so far this year, said it expects a flurry of bond offerings in the second half, including from prime sovereign-linked Abu Dhabi names yet to tap the market in 2012 Debt iss

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Grohe unveils new kitchen upgrades

Grohe, one of the world's leading manufacturers of sanitary fittings, has announced the launch of its innovative upgrades for hitech kitchens for the Middle East and Africa region. The company said the new Grohe Blue and Red units are

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Foreigners to tap GCC sukuk market

Demand for Islamic bonds (sukuk) will increase from next year when foreign investors are expected to tap Gulf Arab markets, a top banker said. Simon Eedle, managing director of Global Islamic Banking at Calyon, told the Reuters Islamic Ban

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French groups to put up strong show at Big 5

The ongoing construction boom in the Middle East and a strong demand for French products and services has led to an influx of French companies in the UAE construction market. According to the French Trade Commission, there is a growing ten

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Bank of Moscow to tap GCC liquidity

Bank of Moscow, which plans to raise as much as $2 billion this year, said yesterday it may tap liquidity in the Gulf region after signing its first loan deal in the Middle East. The bank, the fourth-biggest lender in Russia by assets, sai

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Ocean View, SBK in key Abu Dhabi realty deal

Ocean View Abu Dhabi, a new real estate company, has been set up to market Abu Dhabi’s attractively priced properties, including some amazing waterfront developments, to high net worth individuals from across the globe. Ocean View Abu Dhab

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