http://www.zawya.com/en-usCopyright 2012 Zawya Ltd. All rights reserved.Tue, 15 May 2012 03:06:00 GMT5014476http://www.zawya.com/http://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story/HSBC_launches_Dh1bn_trade_SME_fund-ZAWYA20120516030633/Global bank HSBC launched its latest International Trade SME Fund, committing Dh1 billion to UAE SMEs, said a press statement.Wed, 16 May 2012 04:52:45 GMTEmirates 24|7 ZAWYA20120516030633Openhttp://www.zawya.com/story/Rentals_of_Dubais_Springs_villas_up_20-ZAWYA20120516030606/Highlighting the fact that real estate investments pay off based on three critical factors - location, location, location - property consultancy CB Richard Ellis said in a new report that rental rates of Dubai villas in select communities have gone up by more than 20 per cent within one year.Wed, 16 May 2012 04:50:16 GMTEmirates 24|7 ZAWYA20120516030606Openhttp://www.zawya.com/story/الدولية_الإماراتية_للاستثمار_تبدأ_المرحلة_الاولى_من__مشروع_دنيا_بارك_بالجزائر-ZAWYA20120515132238/المشروع تصل تكلفته الى 5.9 مليار دولار، ومن المتوقع الانتهاء من جميع مراحله خلال العام 2017.Tue, 15 May 2012 13:29:08 GMTZawya ZAWYA20120515132238Openhttp://www.zawya.com/story/Aabars__investment_in_Arabtec_Holding_PJSC_as_of_14052012-ZAWYA20120515111919/Arabtec Holding PJSC confirms that Aabar's investment in the company through its investment funds totals 20.93% according to the share register of settlement date 14/05/2012.Tue, 15 May 2012 12:57:27 GMTPress Release ZAWYA20120515111919Openhttp://www.zawya.com/story/Bahrain_based_SULB_secures_373m_loan_facility-24by7_150520120838042/Bahrain-based SULB, the region’s first fully integrated steel sections and beams producer, marked the official signing of a $373million loan agreement between the company and BNP Paribas and Société Générale (SGCIB).Tue, 15 May 2012 10:06:12 GMT24X7 News 24by7_150520120838042Openhttp://www.zawya.com/story/مدير_إدارة_الطرق__السعودية_دراسة_وتنفيذ_131_مشروعا_بـ_35_مليارات_ريال-ZAWYA20120515065827/لم يقتصر دور الوزارة والإدارة على التنفيذ بل تقوم كذلك بالإشراف والمتابعة للمشاريع تحت التنفيذ وصيانة المشاريع المنفذة. Tue, 15 May 2012 08:32:48 GMTAl Watan ZAWYA20120515065827Openhttp://www.zawya.com/story/إندماج_البنك_البحريني_السعودي_في_مصرف_السلامالبحرين-ZAWYA20120515070920/اعتبارا من تاريخ 25 ابريل 2012 أصبح مصرف السلام-البحرين المالك المطلق لأصول البنك البحريني السعودي بالكامل وحل محله في جميع الحقوق والالتزامات. Tue, 15 May 2012 08:27:05 GMTPress Release ZAWYA20120515070920Openhttp://www.zawya.com/story/628_مليون_درهم_أرباح_القطاع_العقاري_في_سوق_أبوظبي-ZAWYA20120515070421/بذلك يكون القطاع العقاري بسوق أبوظبي قد حقق نمواً بأرباحه 108.4% في الربع الأول.Tue, 15 May 2012 08:00:18 GMTAl Bayan ZAWYA20120515070421Openhttp://www.zawya.com/story/المضاربات_تفقد_سوق_دبي_مكاسب_قوية-ZAWYA20120515070122/حالت عمليات الكر والفر وجني الأرباح السريعة التي نفذها مضاربون دون احتفاظ سوق دبي المالي بالمكاسب القوية التي حققها حتى النصف الأول من جلسة التعاملات والتي تجاوزت نسبتها 1 %.Tue, 15 May 2012 07:58:26 GMTAl Bayan ZAWYA20120515070122Openhttp://www.zawya.com/story/بيتك_شراء_مجمع_سكني_في_كندا_بـ_425_مليون_دولار-ZAWYA20120515042126/أعلن بيت التمويل الكويتي (بيتك) عن شراء مجمع سكني» كنتا ليك ابارتمنت» في مدينة أوتاوا بكندا بقيمة 42.5 مليون دولار كندي، يتكون من 146 وحدة سكنية جديدة في ثاني صفقة لـ «بيتك» في السوق الكندي بالتعاون مع الشريك الاستراتيجي شركة كيلام بروبرتيس العقارية العالمية. Tue, 15 May 2012 07:40:24 GMTAl Anba ZAWYA20120515042126Openhttp://www.zawya.com/story/زيادة_الرحلات_الجوية_بين_مصر_والإمارات-ZAWYA20120515050452/سفرت مفاوضات النقل الجوي التي تمت في أبوظبي بين وفدي سلطتي الطيران المدني في الامارات ومصر، عن زيادة السعة المقعدية الواجبة العرض من والى مطار القاهرة بنسبة 20%.Tue, 15 May 2012 07:12:28 GMTAnnahar ZAWYA20120515050452Openhttp://www.zawya.com/story/الكويت_برج_صاهود_12_يوقع_عقد_أول_تكسية_صديقة_للبيئة_بمليون_دينار-ZAWYA20120515051325/أعلنت شركة سعود صاهود العقارية عن توقيع عقد إنجاز أول تكسية صديقة للبيئة لبرج عقاري في الكويت وذلك بالتعاون مع شركة الوماكو انترناشيونال المتخصصة إقليميا وعالميا في هذا المجال.Tue, 15 May 2012 07:09:55 GMTAnnahar ZAWYA20120515051325Openhttp://www.zawya.com/story/الجزائر_تشرع_في_تموين_سوريا_بالغاز_رغم_عقوبات_الإتحاد_الأوروبي-ZAWYA20120515053342/ستشرع الجزائر في تموين سوريا بالغاز بعد العجز الذي شهدته السوق السورية خلال الفترة الماضية، نتيجة تدهور الأوضاع الأمنية بالمنطقة.Tue, 15 May 2012 07:04:29 GMTAl Fajr ZAWYA20120515053342Openhttp://www.zawya.com/story/Struggling_with_Nitaqat_implementation_say_employers-ZAWYA20120515032044/Private sector employers are struggling to keep up with the pace of reform as they grapple with the implementation of Nitaqat, according to a new report from Hay Group.Tue, 15 May 2012 06:29:05 GMTArab News ZAWYA20120515032044Openhttp://www.zawya.com/story/CMA_luring_family_firms_to_Saudi_stock_market-ZAWYA20120515031859/Saudi Capital market authority (CMA) is conducting talks with some of family-owned companies to have them listed on local Saudi stock exchange (Tadawul), according to financial sources.Tue, 15 May 2012 06:27:45 GMTArab News ZAWYA20120515031859Openhttp://www.zawya.com/story/Ithmaar_Bank_in_the_red_at_end_of_Q1-24by7_140520121112059/Ithmaar Bank, a Bahrain-based Islamic retail bank, reported a net loss of $0.5 million, compared to a net profit of $4.8million in the same period last year, despite a net operating profit of $4.4million, before impairment provisions and taxation, compared to a net operating loss of $2.8million in the same period last year.Tue, 15 May 2012 06:12:04 GMT24X7 News 24by7_140520121112059Openhttp://www.zawya.com/story/Bahrains_cabinet_endorses_50_cut_on_levy_for_SMEs-24by7_140520121121017/The Cabinet meeting chaired by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa at Gudaibiya Palace decided to give 50% cut on LMRA monthly levy from BD10 to BD5 per month in Bahrain.Tue, 15 May 2012 06:10:41 GMT24X7 News 24by7_140520121121017Openhttp://www.zawya.com/story/Egypt_to_resume_offering_Rod_El_Farag_highway_project_next_month-ZAWYA20120515055049/The Egyptian government will resume offering Rod El Farag highway project in June 2012, after the cabinet approved it, a senior finance ministry official told Zawya.Tue, 15 May 2012 06:03:49 GMTZawya ZAWYA20120515055049Openhttp://www.zawya.com/story/UAE_insolvency_legislation_likely_by_2012end_Minister-ZAWYA20120514121805/The new Financial Restructuring and Bankruptcy Law is expected to be finalized by the end of this year, a senior government official told Zawya.Tue, 15 May 2012 05:42:34 GMTZawya ZAWYA20120514121805Openhttp://www.zawya.com/story/Saudi_Arabia_Sponsorship_system_on_its_way_out-ZAWYA20120515031040/Deputy Labor Minister for workers affairs Ahmad Al-Humaidan said that the ministry had started taking practical steps aimed at scrapping the individual sponsorship (kafala) system.Tue, 15 May 2012 05:38:00 GMTArab News ZAWYA20120515031040Openhttp://www.zawya.com/story/Invest_AD_creates_private_equity_venture_with_Paladin_Capital-GN_14052012_150502/US private investment company Paladin Capital Group and Abu Dhabi-based investment company Invest AD have established a private equity joint venture that will channel investments into the Middle East and North Africa (Mena) region and Turkey.Tue, 15 May 2012 05:26:36 GMTGulf News GN_14052012_150502Openhttp://www.zawya.com/story/Indian_rupee_hits_nadir_vs_UAE_dirham_despite_RBI_efforts-ZAWYA20120515030801/The beleaguered Indian rupee made fresh lifetime lows on Monday against the US dollar - and the dollar-linked UAE dirham - even as the market ignored suspected intervention by the country's central bank to stem the rot in its currency.Tue, 15 May 2012 05:25:39 GMTEmirates 24|7 ZAWYA20120515030801Openhttp://www.zawya.com/story/Gold_slumps_and_looks_further_down-ZAWYA20120515030703/Gold has all but lost its shine with the yellow metal plunging to USD 1,559 per ounce on Monday afternoon, a day after witnessing its worst weekly drop this year.Tue, 15 May 2012 05:18:47 GMTEmirates 24|7 ZAWYA20120515030703Openhttp://www.zawya.com/story/Rise_in_Dubai_property_deals_with_banks_aiding_clients_offload_units-ZAWYA20120515030614/In a sign of a maturing market, banks have now started assisting their mortgage clients offload multiple properties in the emirate even as experts maintain that property prices may have already bottomed out in select areas of the emirate.Tue, 15 May 2012 05:13:01 GMTEmirates 24|7 ZAWYA20120515030614Openhttp://www.zawya.com/story/Kuwaits_Subiya_power_plant_to_be_operational_in_June_2012-ZAWYA20120515050416/Kuwait's ministry of electricity and water (MEW) is expected to declare the completion of Subiya power plant next month after the completion of the second phase of the project, a senior official at the MEW told Zawya.Tue, 15 May 2012 05:11:47 GMTZawya ZAWYA20120515050416Openhttp://www.zawya.com/story/Qatar_Airways_puts_Bombardier_Cseries_talks_on_hold-ANA20120514T131246ZTXT99/Qatar Airways said it had put on hold negotiations with Canadian planemaker Bombardier over the purchase of its new CSeries craft as the airline deals with other issues.Tue, 15 May 2012 05:05:50 GMTAFP ANA20120514T131246ZTXT99Openhttp://www.zawya.com/story/Saudi_FM_tells_Iran_to_keep_out_of_SaudiBahrain_affairs-ANA20120514T171033ZTYS98/Saudi Foreign Minister Prince Saud al-Faisal said Monday that Iran should keep out of the kingdom's relations with Shiite-majority Bahrain, even if the two states decide to form a union.Tue, 15 May 2012 04:36:39 GMTAFP ANA20120514T171033ZTYS98Openhttp://www.zawya.com/story/New_version_of_Dubai_strategic_plan_soon_Al_Hamli-ZAWYA20120514135354/The announcement of a new version of the Dubai Strategic Plan 2015 is on the cards, a senior official at the Dubai Economic Council told Zawya.Mon, 14 May 2012 14:25:04 GMTZawya ZAWYA20120514135354Openhttp://www.zawya.com/story/Iranian_MPs_blast_SaudiBahrain_union_plan-ANA20120514T115416ZTXN79/Iranian MPs on Monday condemned a planned union between Saudi Arabia and fellow Sunni-ruled Bahrain, news agencies reported.Mon, 14 May 2012 12:15:18 GMTAFP ANA20120514T115416ZTXN79Openhttp://www.zawya.com/story/Arabtec_says_Aabar_units_hold_2076_stake_in_company-ZW20120514000024/Aabar Investments holds a 20.76% stake in Arabtec Holding, further consolidating its influence over the Dubai-based company.Mon, 14 May 2012 10:45:48 GMTZawya Dow Jones News ZW20120514000024Openhttp://www.zawya.com/story/Orascom_suspends_MENA_Cable_project-ZAWYA20120514100418/Work on the USD 400 million MENA Cable, an Orascom Telecom Holding project that seeks to link Europe, Arabian Gulf, North Africa and Asia, has been suspended, Orascom chief executive Khaled Bichara told Zawya.Mon, 14 May 2012 10:35:54 GMTZawya ZAWYA20120514100418Openhttp://www.zawya.com/story/OGC_Haya_Water_plan_to_partner_on_piped_gas_network-ZAWYA20120514062606/Waste water management company Haya Water is set to collaborate with Oman Gas Company (OGC) in laying a piped gas network for Muscat.Mon, 14 May 2012 09:50:30 GMTMuscat Daily ZAWYA20120514062606Openhttp://www.zawya.com/story/Warba_Bank_acquires_a_33_million_building_in_UK-ZAWYA20120514080529/Warba Bank announced today the acquisition of the new headquarters of British Telecom (BT) located in the town of West Bromwich in the UK, which was officially opened in February 2012. The building benefits from a new 15-year lease to BT.Mon, 14 May 2012 09:48:08 GMTPress Release ZAWYA20120514080529Openhttp://www.zawya.com/story/Julphar_lays_foundation_stone_of_its_new_Algeria_plant-ZAWYA20120514083815/Gulf Pharmaceutical Industries (Julphar) has laid the foundation stone of its manufacturing plant in Algeria which is being built in partnership with the Algerian Ministry of Health.Mon, 14 May 2012 09:45:03 GMTPress Release ZAWYA20120514083815Openhttp://www.zawya.com/story/Saudi_Arabia_to_invest_SR500_billion_in_water_power_projects-ZAWYA20120514031953/The power and water sectors are experiencing a massive boom in Saudi Arabia, said Deputy Minister for Water Affairs Mohammed Ibrahim Al-Saud. "The Kingdom is set to invest SR500 billion in these vital utility sectors in the next 10 years," he said.Mon, 14 May 2012 06:28:36 GMTArab News ZAWYA20120514031953Openhttp://www.zawya.com/story/Chinese_Co_to_build_Dragon_City_in_Bahrain-24by7_130520121659059/The economic powerhouse China and the Kingdom of Bahrain on Sunday signed an agreement to build a brand new Dragon City in Bahrain.Mon, 14 May 2012 05:38:52 GMT24X7 News 24by7_130520121659059Openhttp://www.zawya.com/story/Around_98_businesses_use_fixed_broadband_services_in_Bahrain-24by7_130520121700000/With all medium and large businesses in Bahrain having access to the internet, 98% of those businesses use a fixed line broadband service, according to Bahrain’s Telecommunication Regulatory Authority (TRA), survey.Mon, 14 May 2012 05:37:59 GMT24X7 News 24by7_130520121700000Openhttp://www.zawya.com/story/Bahrain_PM_for_Gulf_union_opposition_wants_referendum-ANA20120513T145914ZTVD42/Bahrain's premier has backed Saudi Arabia's plan for the creation of a Gulf union, a report said, but the nation's Shiite opposition is demanding the proposal be put to a referendum.Mon, 14 May 2012 05:36:05 GMTAFP ANA20120513T145914ZTVD42Openhttp://www.zawya.com/story/Dubai_forms_alliance_with_Samsung_Life-20120513_13001_9233/Dubai is set to team up with Samsung Life Insurance to launch an 'alliance' focused on emerging markets, reinforcing efforts by the emirate to act as a launchpad for Asian companies seeking to move into the Middle East.Mon, 14 May 2012 04:38:17 GMTFinancial Times 20120513_13001_9233Openhttp://www.zawya.com/story/Abu_Dhabi_NPCC_unveils_500m_upgrade_of_facilities-GN_13052012_140529/Abu Dhabi-based National Petroleum Construction Company (NPCC) is upgrading its capabilities with an investment of more than $500 million (Dh1.83 billion), chief executive officer Aqeel Abdullah Madhi has said.Mon, 14 May 2012 04:37:46 GMTGulf News GN_13052012_140529Openhttp://www.zawya.com/story/Three_major_Dubai_projects_announced-GN_13052012_140546/Three major projects including a safari park at an estimated cost of around Dh600 million have been approved by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.Mon, 14 May 2012 04:36:04 GMTGulf News GN_13052012_140546Openhttp://www.zawya.com/story/Private_jet_operator_to_move_to_Dubais_DWC_by_2013-GN_13052012_140530/Private jet operator Majestic Wings Private Airplane Charter plans to move to the Dubai World Central (DWC) in mid-2013, a statement from DWC said.Mon, 14 May 2012 04:30:49 GMTGulf News GN_13052012_140530Openhttp://www.zawya.com/story/Business_Bay_canal_in_Dubai_gets_the_goahead-GN_13052012_140531/The Business Bay canal will be completed and connected to the sea as the Dubai Municipality takes up the project that is expected to be finished within two years.Mon, 14 May 2012 04:29:53 GMTGulf News GN_13052012_140531Openhttp://www.zawya.com/story/Dubai_Investments_reports_net_profit_of_AED107m_for_Q1_2012-ZAWYA20120513114932/Dubai Investments reported strong quarterly results with profit of AED 107 million for the Period, which is 6% more than the profit of AED 101 million reported for the comparable period last year.Sun, 13 May 2012 12:40:22 GMTPress Release ZAWYA20120513114932Openhttp://www.zawya.com/story/Batelco_drops_tower_sale_plan_eyes_infrastructure_sharing__CEO-ZW20120513000067/Bahrain Telecommunications Co., or Batelco, the Arab Gulf country's biggest telco, has dropped plans to sell its towers as various sale-and-lease-back proposals did not create sufficient long-term economic value, and instead will focus on sharing infrastructure with other telecom operators in a bid to cut costs, the group's top executive said.Sun, 13 May 2012 12:20:56 GMTZawya Dow Jones News ZW20120513000067Openhttp://www.zawya.com/story/Property_arbitration_in_Dubai_restricts_right_to_sue-ZAWYA20120513113803/Both the plaintiff and the defendant will lose their right to proceed with a lawsuit if they had agreed to arbitration before the dispute started, according to a new legal principle established by the Dubai Real Estate Court.Sun, 13 May 2012 11:43:10 GMTEmirates 24|7 ZAWYA20120513113803Openhttp://www.zawya.com/story/Du_gets_naming_rights_to_Yas_Arena-ZAWYA20120513113050/In what is being seen by many as a major step towards its Abu Dhabi expansion, Dubai-based telecom operator du on Sunday announced an industry first by bagging naming right to two of the capital's most popular entertainment venues.Sun, 13 May 2012 11:41:06 GMTEmirates 24|7 ZAWYA20120513113050Openhttp://www.zawya.com/story/Emirates_dominates_UAE_air_transport-ZAWYA20120513030800/Dubai-based Emirates remained the dominant national carrier in the UAE as it controlled a fleet of 168 aircraft at the end of 2011, nearly 58 per cent of the total 286 planes owned by the country's five national carriers.Sun, 13 May 2012 11:29:08 GMTEmirates 24|7 ZAWYA20120513030800Open