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Kunooz Oman backs International Mining Expo to Boost Oman's Influence in the Global Mining Industry

Muscat, Oman, 28 August 2016 The largest privately owned mining group in Oman, Kunooz Oman Holding will be a key contributor to the second edition of the Oman Minerals and Mining Exhibition and Conference that is scheduled to be held from 16 to 18 January 2017 at the Oman Convention & Exhibition Centre. The international trade event will serve as a business platform for the rapidly expanding

2 days from now

Fitch Affirms Etisalat at 'A+'; Outlook Stable

Fitch Ratings-London-25 August 2016Fitch Ratings has affirmed UAE-based state-owned Emirates Telecommunications Group Company PJSC's (Etisalat) Long-Term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook. Its senior unsecured debt is also affirmed at 'A+'.KEY RATING DRIVERSSovereign LinkageEtisalat's rating is notched down on a top-down basis from the UAE's sovereign rating. This is driven

6 hours ago

UAE named one of top ten markets for green building space

Dubai, 25 Aug 2016 Today, about 40% of global energy and 25% of global water are used by buildings, which are also responsible for approximately one third of all global greenhouse gases. Yet, buildings offer the greatest opportunities for achieving sustainable development. According to the United Nations Environment Program (UNEP), in fact, energy consumption in buildings can be reduced by 30 to

6 hours ago

KFH Clients Open, Conduct Gold Selling & Purchasing Transactions Online

Kuwait, August 25th 2016Kuwait Finance House KFH's Gold Opening, Selling & Purchasing Transactions Online Eservice has witnessed good turnout of clients. This service allows KFH clients to open and conduct gold selling and purchasing transactions online in an easy and secure manner, which confirms KFH's keenness to optimally avail the technological development for the sake of best serving

10 hours ago

People In The News

Fortes Education appoints Executive Principal, Keith Miller for New Sunmarke School

Dubai, UAE - Fortes Education has today announced the appointment of a new Director of Education and Executive Principal, Keith Miller for its newly launched Sunmarke School, and the established British school, Regent International School and Jumeirah International Nurseries. Mr. Miller, with the Fortes Education team, will spearhead the development of Fortes' schools to outstanding.

22 Aug 2016  from Four Communications Group

Research & Studies

Fitch: Index Move Boosts Sukuk; Frameworks & Standards Still Key

23 August 2016 Fitch Ratings - Dubai/London - The inclusion of sukuk in major bond indexes would be a significant boost for the product, but initiatives to harmonise standards, structures and legal frameworks and improve transparency remain key to its long-term development, Fitch Ratings says.Reuters reported on Friday that JP Morgan would include eight sovereign and corporate sukuk in various bon

23 Aug 2016

19th edition of DSS gains positive response on social media globally

Dubai, UAE - Dubai Summer Surprises (DSS), the annual shopping festival, successfully positions Dubai as an international summer destination with a fantastic line-up of surprises, enjoyment and entertainment and this is evident from the social media conversations around the event globally.

23 Aug 2016

Action Hotels PLC: 29% Increase in Number of Hotel Rooms Set at IPO

London - Action Hotels, the leading owner, developer and asset manager of branded three and four-star hotels in the Middle East and Australia, is pleased to report that, without raising any further equity, it has outperformed management's expectations set out at IPO with regards to the number of rooms in operating and pipeline hotels by 29%, with total rooms totaling 3,257 vs. 2,516.

23 Aug 2016

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