Friday 9 December 2016
 
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cost

Oman-Iran gas pipeline cost to rise due to new route

A planned subsea natural gas pipeline between Iran and Oman is expected to have a higher estimated cost after the two countries had to change the project's route and design to avoid waters controlled by the UAE, an industry source said on Th

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Oman-Iran gas pipeline cost to rise due to new route

A planned subsea natural gas pipeline between Iran and Oman is expected to have a higher estimated cost after the two countries had to change the project's route and design to avoid waters controlled by the UAE, an industry source said on Th

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Mitsubishi Heavy seeks cost cuts at steel venture with Siemens

Mitsubishi Heavy Industries Ltd, maker of everything from submarines to nuclear reactors, is seeking to cut costs at its steel-making equipment venture with Germany’s Siemens AG in the face of a contracting market, said a Bloomberg report.

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Air Arabia named 'Best low-cost airline in the Mideast'

Air Arabia, the Middle East and North Africa's largest budget carrier, was named “Best Low-cost Airline serving the Middle East” at the Business Traveller Middle East Awards 2016, held recently in Dubai. The airlin

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Saudia unveils new low cost airline

Saudi Arabian Airlines (Saudia), the kingdom's national carrier, has announced the launch of a new low cost service, said a report. The new airline, which has been named Flyadeal, will  serve both domestic and internation

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Alba launches project to cut cost; increase output

Aluminium Bahrain (Alba), the Bahrain-based leading international aluminium producer, has launched Phase II of its company-wide, cost reduction programme Project Titan. The new initiative aims to reduce cash cost by $100 per metri

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US deal expiry may cost jobs of Bahrainis

America could cost hundreds of Bahrainis their jobs if it does not renew certain provisions in a key tariff agreement by July, said a report in the Gulf Daily News (GDN), our sister publication.   To read further

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Bahrain offers ‘lowest operating costs’

Bahrain offers the region’s lowest operating costs for the financial sector, Economic Development Board (EDB) chief executive Khalid Al Rumaihi told business leaders and investors at a monthly majlis event held recently, said a report in

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Airlines reject criticism over high fares

Global airlines countered allegations of profiteering from low oil prices on Monday after renewed criticism that air fares have failed to come down in line with tumbling fuel costs. The head of the International Air Transport Asso

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Road accidents in Bahrain costs hit $199m

The economic cost of road accidents tops BD76 million ($199.9 million) on average every year in Bahrain. Works, Municipalities and Urban Planning Affairs Ministry assistant under-secretary Huda Fakhro released the alarming figure as she addres

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