Gulf-Middle East News

Last updated: Sunday, February 26, 2017 2:50:06 PM

Private wealth in Gulf to soar by 81 percent in next four years
Dubai, March 30 (IANS) Private wealth in the Gulf is estimated to swell by a whopping 81 percent to $3.8 trillion by 2012 from an estimated $2.1 trillion in 2007, according to a new study.

Sunday, March 30, 2008 5:09:58 PM

$201 mn windfall for Gulf petrochem firm shareholders
Dubai, March 30 (IANS) The Manama, Bahrain-based Gulf Petrochemical Industries Co (GPIC) has announced that it would distribute the entire $201 million profits it posted in 2007 among its shareholders in Bahrain, Saudi Arabia and Kuwait.

Sunday, March 30, 2008 5:09:15 PM

New Islamic mortgage company coming up in UA
Dubai, March 30 (IANS) Omniyat Holdings, the parent company of Dubai-based real estate investment and development firm Omniyat Properties, has said it would launch a new regional Islamic mortgage company by the end of this year or early next year.

Sunday, March 30, 2008 5:08:48 PM

Qatar plans economy base shift from oil to knowledge (Gulf Business Capsule)
Dubai, March 30 (IANS) Qatar is planning to transform its economy from one based on energy to one that has knowledge as its mainstay.

Sunday, March 30, 2008 5:08:20 PM

UAE real estate developer signs up 60 agents in India
Dubai, March 30 (IANS) The United Arab Emirates' (UAE) leading real estate developer Damac Properties has signed up with 60 real estate agents in India across metros and tier-1 cities to market its products.

Sunday, March 30, 2008 5:00:42 PM

Investments in Gulf projects run over $2 trillion
Dubai, March 30 (IANS) Total investments in projects across various sectors in the Gulf region have crossed the $2-trillion mark, according to a report.

Sunday, March 30, 2008 4:48:19 PM

Mass grave discovered in Iraq
Baghdad, March 30 (DPA) Police in the Iraqi town of Muqdadiyah have discovered a new mass grave of 14 bodies close to another found last week, the US army said Sunday.

Sunday, March 30, 2008 2:26:15 PM

US military reports killing 43 Sadrists in Baghdad
Baghdad, March 30 (DPA) The US military said Sunday it had killed over 40 members of the militia of Shia cleri Muqtada al-Sadr in fighting in the Iraqi capital during the weekend.

Sunday, March 30, 2008 2:25:45 PM

When music from the dark lit up Dubai's heart (Feature)
Dubai, March 30 (IANS) Just over four years ago, Benny used to eke out a living as a musician playing the guitar as a church choir member in Kochi once a week. Around the same time, Muthu, a flautist, made a living playing as an amateur artiste for different groups in Thrissur.

Sunday, March 30, 2008 12:39:37 PM

Iraqi PM says some Shia militants worse than Al Qaeda
Baghdad, March 30 (Xinhua) Iraqi Prime Minister Nouri al-Maliki said some Shia militants were worse than Al Qaeda, as the Shia militia Mahdi Army continued heavy clashes with Iraqi forces Saturday.

Sunday, March 30, 2008 6:16:03 AM

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