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Wastewater plant for Zarqa

A plant to treat industrial wastewater from factories in the Zarqa Governorate is to be built... Read full article »
Jordan: Sunday, December 16 - 2007 at 13:54

EIIC plans clinker factory

The Emirates International Investment Company (EIIC) plans to establish a $408m clinker cement... Read full article »
United Arab Emirates: Sunday, December 16 - 2007 at 10:17

Subprime crisis hits GIB

Fears that some Gulf based lenders could be affected by the US subprime crisis have been... Read full article »
Bahrain: Sunday, December 16 - 2007 at 08:28

EFG-Hermes Qatar to QFC

EFG-Hermes Qatar has been granted a license by the Qatar Financial Centre Authority (QFCA) to... Read full article »
Qatar: Sunday, December 16 - 2007 at 07:47

Dow, KPC $11bn petrochem venture

The US based Dow Chemical Company and Kuwait's Petrochemical Industries Company (PIC), a... Read full article »
Kuwait: Saturday, December 15 - 2007 at 08:38

Egypt leaves rates unaltered

The Central Bank of Egypt has left its overnight interest rates unaltered, due to a drop in the... Read full article »
Egypt: Saturday, December 15 - 2007 at 08:17

Julfar, Global pharmacy deal

Gulf Pharmaceutical Industries (Julfar) has teamed up with Kuwait's Global Investment House to... Read full article »
United Arab Emirates: Saturday, December 15 - 2007 at 07:44

Zain refinances Islamic loan

Kuwait's Mobile Telecommunications Comapany Zain agreed a $1.2bn Islamic loan with seven regional... Read full article »
Kuwait: Thursday, December 13 - 2007 at 11:35

Albara plans $50m IPO in Syria

Bahrain's Albaraka Banking Group (ABG) plans to sell shares in a $50m IPO of a planned unit in... Read full article »
Syria: Thursday, December 13 - 2007 at 08:58

Suwaidi: I am not resigning

UAE Central Bank Governor Sultan Bin Nasser Al Suwaidi has denied a report that he is planning to... Read full article »
United Arab Emirates: Wednesday, December 12 - 2007 at 07:06

DFSA issues hedge fund code

The Dubai Financial Services Authority (DFSA) issued its Hedge Fund Code of Practice (Code). The... Read full article »
United Arab Emirates: Tuesday, December 11 - 2007 at 13:26

Qatar bank invests $2.9bn in UK property

QInvest, a Qatari Islamic investment bank, said on 10 December that it would take part in... Read full article »
Qatar: Tuesday, December 11 - 2007 at 07:42

Saudi water reuse under review

Regulation of the Saudi water reuse system following privatisation, which is now getting under... Read full article »
Saudi Arabia: Monday, December 10 - 2007 at 17:16

Lafarge buys Orascom for $12.9bn

French cement maker Lafarge is to buy Egypt's Orascom Cement for $12.9bn, reported Reuters.... Read full article »
Egypt: Monday, December 10 - 2007 at 15:41

NBK $1.5bn share sale

The National Bank of Kuwait (NBK) plans to generate $1.5bn by selling shares to existing... Read full article »
Kuwait: Monday, December 10 - 2007 at 08:58
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