Gulf-Middle East News

Last updated: Monday, July 24, 2017 5:46:04 AM

Shariah-compliant gold shares to be listed on Dubai bourse
Dubai, April 7 (IANS) Dubai Multi Commodities Centre (DMCC), a tax-free zone authority of the emirate, Monday announced a joint venture (JV) with the World Gold Council (WGC) to launch fully Islamic finance or Shariah-compliant gold shares with the intent to list them on the Dubai International Financial Exchange (DIFX).

Monday, April 07, 2008 7:38:06 PM

Iran to disclose new nuclear achievements
Tehran, April 7 (DPA) Iran is to disclose new achievements in its nuclear programme Tuesday, Foreign Ministry spokesman Mohammad-Ali Hosseini said Monday in a press briefing in Tehran.

Monday, April 07, 2008 7:37:42 PM

Burj Dubai is now world's tallest manmade structure
Dubai, April 7 (IANS) Burj Dubai, the skyscraper being developed here by the United Arab Emirates' (UAE) Emaar Properties, has surpassed the height of the KVLY-TV mast in North Dakota in the US to become the world's tallest manmade structure.

Monday, April 07, 2008 6:23:34 PM

UAE gives second instalment for UN food aid in Gaza
Abu Dhabi, April 7 (IANS) The United Arab Emirates (UAE) has released the second instalment of the $4 million assistance to a UN food aid programme in the Gaza Strip, WAM news agency reported.

Monday, April 07, 2008 5:49:20 PM

Agility bags $20.6-mn Kuwait petro logistics contract
Dubai, April 7 (IANS) Leading global logistics provider Agility has bagged a contract worth 5.5 million Kuwaiti dinars ($20.6 million) from the Kuwait National Petroleum Corporation (KNPC).

Monday, April 07, 2008 5:47:10 PM

Saudi pharma market worth $1.3 billion
Dubai, April 7 (IANS) Saudi Arabia's pharmaceutical market is estimated to be worth more than 5 billion Saudi riyals ($1.3 billion), which makes the country one of the largest markets for medicines in the Middle East.

Monday, April 07, 2008 5:46:26 PM

Interiors fit-out firm hopes to raise $516 mn from IPO
Dubai, April 7 (IANS) Leading UAE-based interiors fit-out company Depa has commenced its initial public offering of up to 278,906,161 shares (including the over-allotment option) in the form of shares and global depository receipts (GDRs), each representing five shares, with an indicative price range of $1.50 to $1.85 per share and $7.50 to $9.25 per GDR.

Monday, April 07, 2008 5:45:52 PM

Number of FM radio stations in Arab world rises 50 percent (Gulf Business Capsule)
Dubai, April 7 (IANS) The number of frequency modulation (FM) radio stations in the 18 Arab countries increased to 316 from 211 in February last year, a 49.76 percent rise.

Monday, April 07, 2008 5:45:25 PM

Olmert, Abbas resume talks after seven-week freeze
Jerusalem, April 7 (DPA) Israeli Prime Minister Ehud Olmert and Palestinian President Mahmoud Abbas met in Jerusalem Monday, their first parley in seven weeks, Olmert's office said.

Monday, April 07, 2008 5:45:00 PM

Pegged to dollar, Gulf currencies have depreciated: report
Dubai, April 7 (IANS) Currencies of the Gulf Cooperation Council (GCC) member-states have depreciated by over 37 percent in nominal terms since 2002 because they are pegged to the US dollar, according to a new report.

Monday, April 07, 2008 4:01:31 PM

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