MIDDLE EAST

Gerhard Schubert: Another bad week for gold without a single day of rising prices

UAE. "The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries." Read More | View Original Article

Political uncertainties overshadow Bahrain's regional hub status, says A.M Best report

INTERNATIONAL. Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence. Read More | View Original Article

Saudi gov't websites attacked by hackers

Several websites sabotaged in series of cyber attacks from abroad, says gov't source Read More | View Original Article

Saudi gov't websites attacked by hackers

Several websites sabotaged in series of cyber attacks from abroad, says gov't source Read More | View Original Article

A.M. Best Special Report: Political Uncertainties Overshadow Bahrain’s Regional Hub Status

LONDON - Friday, May 17th 2013 [ME NewsWire] (BUSINESS WIRE)-- The Kingdom of Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence, according to a new report from A.M. Best Co. Read More | View Original Article

New Study Reports Key Findings for the ABThera™ Open Abdomen Negative Pressure Therapy System

Observational Study Showed Significantly Improved Patient Outcomes When the ABThera™ Negative Pressure Therapy System was Used in Open Abdomen Surgery SAN ANTONIO - Friday, May 17th 2013 [ME NewsWire] Read More | View Original Article

The world according to Badr Jafar

Just about everything Badr Jafar touches turns to gold. Formed just seven years ago, his crescent enterprises is raking in over a billion dollars in revenues and is highly profitable. But the young Emirati insists profits are just part of the plan Read More | View Original Article

The world according to Badr Jafar

Just about everything Badr Jafar touches turns to gold. Formed just seven years ago, his crescent enterprises is raking in over a billion dollars in revenues and is highly profitable. Read More | View Original Article

The world according to Badr Jafar

Just about everything Badr Jafar touches turns to gold. Formed just seven years ago, his crescent enterprises is raking in over a billion dollars in revenues and is highly profitable. But the young Emirati insists profits are just part of the plan Read More | View Original Article

Acquitted doctor flies home after UAE arrest ordeal

South African doctor Cyril Karabus says he is relieved to be home after arriving in Cape Town Read More | View Original Article

Acquitted doctor flies home after UAE arrest ordeal

South African doctor Cyril Karabus says he is relieved to be home after arriving in Cape Town Read More | View Original Article

Acquitted doctor flies home after UAE arrest ordeal

South African doctor Cyril Karabus says he is relieved to be home after arriving in Cape Town   Read More | View Original Article

US chain eyes 60 MidEast restaurants by 2018

Irish-themed Beef 'O' Brady's restaurant franchise will open its first outlet in Saudi this month Read More | View Original Article

Ex-DIFC chief launches Dubai crowdfunding firm

Dr Nasser Saidi heading platform designed to source investment for SMEs Read More | View Original Article

Ex-DIFC chief launches Dubai crowdfunding firm

Dr Nasser Saidi heading platform designed to source investment for SMEs   Read More | View Original Article

Qatar could be chosen for new Ferrari launch

Only six of the Pininfarina-designed Ferrari Sergio car will be produced in the world Read More | View Original Article

US chain eyes 60 MidEast restaurants by 2018

Irish-themed Beef 'O' Brady's restaurant franchise will open its first outlet in Saudi this month Read More | View Original Article

UAE's Hakkasan eyes global brand expansion

Abu Dhabi-owned luxury dining and nightlife brand keen to add spas, hotels, nightclubs to portfolio   Read More | View Original Article

Luxury Dubai hotel set to close for revamp

Sheraton Dubai Creek will close to guests for up to 10 months for major refurbishment   Read More | View Original Article

UAE's Hakkasan eyes global brand expansion

Abu Dhabi-owned luxury dining and nightlife brand keen to add spas, hotels, nightclubs to portfolio Read More | View Original Article

Wireless Seismic Delivers 7,500-Channel RT System 2 to Asian Oilfield Services Limited

SUGAR LAND, Texas - Friday, May 17th 2013 [ME NewsWire] (BUSINESS WIRE)-- Wireless Seismic, Inc. announced today the delivery of 7,500 channels of its RT System 2 real-time and cable-less seismic data acquisition system to Asian Oilfield Services, Ltd. (ASIAN). Based in Gurgaon, India, ASIAN selected RT System 2 for large-scale 3D acquisition projects in the rugged terrains of Kurdistan, beginning June 2013. Read More | View Original Article

Luxury Dubai hotel set to close for revamp

Sheraton Dubai Creek will close to guests for up to 10 months for major refurbishment Read More | View Original Article

Dubai education chiefs to mull later start for schools

Knowledge and Human Development Authority reveals move after comments by Dubai's traffic cop Read More | View Original Article

Qatar to buy stake in $2.56bn project in Italy

Qatar Holding says it will acquire 40% interest in Porta Nuova real estate development in Milan Read More | View Original Article

Emirates inks new sponsorship deal with France's PSG

Dubai airline extends agreement with new Ligue 1 champs for stadium, shirt branding   Read More | View Original Article

Qatar to buy stake in $2.56bn project in Italy

Qatar Holding says it will acquire 40% interest in Porta Nuova real estate development in Milan   Read More | View Original Article

الحكمة للأدوية تتوقع رفع إيراداتها بنسبة 13% العام الحالي

أعلنت شركة الحكمة للأدوية الأردنية عن رفع توقعاتها للإيرادات السنوية لها، مشيرةً إلى أن المضاد الحيوي دوكسيسيلين يحقق إيرادات تفوق توقعاتها، حيث قالت الشركة المدرجة في بورصة لندن إنها تتوقع ارتفاع إيرادات المجموعة نحو 13% في 2013 بعد أن كانت تتوقع نموها نحو 10%، حسبما نشر موقع رويترز. وحققت الحكمة إيرادات قدرها 1.11 مليار دولار في 2012. Read More | View Original Article

موبايلي تبرم اتفاقية مع إريكسون لتوفير حلول الشبكات في المملكة

أعلن اتحاد اتصالات "موبايلي" عن اختيار شركة إريكسون لتوفير حلول شبكات المكونات الأساسية لنقل حزم البيانات في المنطقة الغربية من المملكة العربية السعودية، حسبما نشرت صحيفة اليوم السابع. ومن خلال هذه الحلول الجديدة، سيتمكن مشتركو "موبايلي" من الوصول إلى البيانات، واستهلاك أربعة أضعاف حجم البيانات الذى كانت تستطيع الشبكة توفيره فى السابق. وكجزء من الاتفاقية، ستقوم إريكسون بترقية شبكات المكونات الأساسية لنقل حزم البيانات باستخدام بوابات حزم البيانات المتطورة القائمة على راوترات الخدمة الذكية SSR8000 لدعم شبكة الجيل الرابع، وتهيئة الشبكة لتقديم الخدمات الصوتية. Read More | View Original Article