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Business
Ipic boosts credit profile by paying two loans worth $3.75b in advance
over a year ago
Abu Dhabi: Abu Dhabi-based International Petroleum Investment Company (Ipic) said yesterday it has repaid two loans amounting to $3.75 billion (Dh13.7 billion) well in advance of their respective 2013 maturities. The loans, which were taken in 2010, were prepaid on November 21, Ipic said in a... Full story
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Business
Karachi benchmark sheds 1.19% in day's trade
over a year ago
Karachi: Pakistan's benchmark stock index, the Karachi Stock Exchange 100 Index, fell 1.19 per cent at the close of trade yesterday. The index of 100 companies traded on the Karachi Stock Exchange fell 140.01 to 11,626.99. Among the stocks in the index, 22 rose, 68 fell and 10 were... Full story
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Business
Nakheel to build reefs to help marine environment
over a year ago
Dubai: Nakheel plans to build 500 artificial reefs off the coast of Dubai in a bid to stimulate the city's marine environment. The Dubai-based real estate developer, which recently completed a massive Dh59 billion debt restructuring, says the initiative is necessary after some of its iconic... Full story
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Business
Emirates to close check-in counters an hour before flights depart
over a year ago
Dubai: Towards further enhancing the customer experience and ensuring on-time departures at Terminal 3 Dubai Airport, Emirates will be closing its check-in counters 60 minutes prior to a flight’s scheduled time of departure. Check-in counters are open at least three hours... Full story
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Business
DIAVERUM ENTERS SAUDI ARABIAN MARKET IN PARTNERSHIP WITH NAZER GROUP
over a year ago
Dammam, November 2011: Diaverum, one of the world´s largest independent renal care providers, has signed a joint venture agreement with Nazer Group, a Saudi Arabian Holding Company with major investments in the medical sector including Bupa Arabia. A substantial part of this... Full story
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Business
White, Silver Most Popular Car Colors in the World
over a year ago
November 24, 2011 White/white pearl has emerged as the fastest growing color to tie with silver as the world’s leading automotive color choices, according to the 2011 DuPont Automotive Color Popularity Report, released lately. A substantial increase in the popularity of white/white... Full story
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Business
CAMRY 2012 AND FT-86 SHINE AT 33RD SAUDI INTERNATIONAL MOTOR SHOW
over a year ago
Jeddah, November 2011: Toyota is presenting its full line-up at the 33rd Saudi International Motor Show (SIMS) in Jeddah, which is being held at the Jeddah Centre for Forums and Events until 23 November 2011 under the patronage of the Ministry of Transport. “SIMS is a chance for us to... Full story
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Business
National Prawn Company welcomes delegations from French Consulate and Saudi French Business Group
over a year ago
The National Prawn Company (NPC), among the world's largest integrated prawn farms, welcomed an official visit from the French Consulate of Jeddah and Jeddah Saudi French Business Group. Delegations included about 27 people who visited NPC site/Laith on Thursday 17th November 2011. The group was... Full story
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Business
flydubai broadens its network with Belgrade
over a year ago
Dubai, UAE : flydubai, Dubai’s pioneering low-cost airline, has inaugurated services to its 46th destination – Serbia’s White City, Belgrade. The new route is flydubai’s 12th destination in Central and Eastern Europe, a region key to the pioneering... Full story
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Business
INTERNATIONAL INVESTMENT BANK SILVER STRATEGIC PARTNERS AT WORLD ISLAMIC BANKING CONFERENCE 2011
over a year ago
Manama, Bahrain – : International Investment Bank (IIB), a leading Islamic investment bank based in Bahrain and Silver Strategic Partner of the 18th Annual World Islamic Banking Conference (WIBC) 2011 – the world’s largest gathering of Islamic finance leaders – today... Full story



