In Pictures
This week sees the birthday of Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE. Kipp doesn’t know if he plans a party, but he’d be hard pushed to top these.
Arabic News View
Kipp takes a look at some editorials from the Arabic press. This week: Change looms over the energy industry; Rescue from Damascus; Change in the Middle East; Silencing Syria.
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Homepage | 'Middle East Business News'
U.S. Navy says cause of Japan tanker explosion unknown
The cause of the explosion and extent of damage is currently unknown-US Navy says.2010-07-28 14:39:04
Banking & Finance
Bahrain's AUB Q2 net profit rises 22 pct
Profit attributable to shareholders in the quarter ended June 30 was $70.2 million.2010-07-28 14:36:21
Energy
Japan tanker hit by quake, no sign of attack-Oman
The country's sole fixed-line operator fell to $64.3 million due to the cost of launching a 3G service.2010-07-28 13:35:07
Energy
Saudi Aramco awards contracts for Yanbu refinery
The new refinery to be built at Yanbu on Saudi Arabia's Red Sea coast.2010-07-28 13:28:56
Plane carrying 152 crashes in Pakistan
Many feared dead in Airblue crash.2010-07-28 12:00:06
Transport & Tourism
Damaged tanker carrying crude for Japan's Cosmo Oil
The tanker was carrying around 2.3 million barrels of crude.2010-07-28 11:53:32
Economy
Soros may buy 4 pct in India bourse for $35-40 mln
Soros Fund Management will buy the stake in Asia's oldest stock exchange from Dubai Financial.2010-07-28 11:48:15
Economy
France open to Kuwait, Qatar Areva stake -minister
Areva has plans to raise about 10 billion euros by 2012.2010-07-28 11:46:23
Jordan Telecom H1 net profit drops 10.9 pct
The country's sole fixed-line operator fell to $64.3 million due to the cost of launching a 3G service.2010-07-28 11:39:26
Real estate
Egypt developer SODIC bids for Cairo suburb land
SODIC plans to deliver 300 homes at Allegria this year.2010-07-28 11:36:27
Transport & Tourism
Egyptair to fly to Juba, eyes African expansion
The flights to the southern capital Juba, will start on August 6.2010-07-28 10:32:50
Egypt's Mobinil Q2 net profit falls 29 pct
Q2 net 381 mln Egypt pounds.2010-07-28 10:27:59
Economy
Some lenders question Dubai's shortfall guarantees
Banks may hold off approval over jurisdiction – sources.2010-07-28 10:24:51
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