Gulf Business http://gulfbusiness.com Sat, 25 Oct 2014 05:20:49 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.4 Interview: Mumtalakat’s Chief On Fund’s Comeback http://gulfbusiness.com/2014/10/interview-mumtalakats-chief-funds-comeback/ http://gulfbusiness.com/2014/10/interview-mumtalakats-chief-funds-comeback/#comments Sat, 25 Oct 2014 05:20:49 +0000 http://gulfbusiness.com/?p=56800 As Mumtalakat rides high on its recent leap in profits, its chief executive Mahmood Hashim al kooheji talks about the fund’s plans to step up its international investments and Bahrain’s non- oil sector.

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As Saudi Arabia Steps Up Beheadings, Some See Political Message http://gulfbusiness.com/2014/10/saudi-arabia-steps-beheadings/ http://gulfbusiness.com/2014/10/saudi-arabia-steps-beheadings/#comments Sat, 25 Oct 2014 05:00:59 +0000 http://gulfbusiness.com/?p=56557 Saudi Arabia beheaded 26 people in August, more than in the first seven months of the year combined.

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Gulf Airlines Target Italy As Transit Point For Expansion http://gulfbusiness.com/2014/10/gulf-airlines-target-italy-transit-point-expansion/ http://gulfbusiness.com/2014/10/gulf-airlines-target-italy-transit-point-expansion/#comments Sat, 25 Oct 2014 04:45:50 +0000 http://gulfbusiness.com/?p=56769 Gulf carriers, looking for routes on which to deploy their fast-growing fleets, have spotted a shortage of long-haul flights and have expanded into Italy.

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Interview: Clint Ippoma, BassBuds COO, On Making The Right Sounds http://gulfbusiness.com/2014/10/interview-clint-ippoma-bassbuds-coo-making-right-sounds/ http://gulfbusiness.com/2014/10/interview-clint-ippoma-bassbuds-coo-making-right-sounds/#comments Sat, 25 Oct 2014 04:30:49 +0000 http://gulfbusiness.com/?p=56752 Ippoma explains how he is hoping to crack the competitive personal audio market.

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Five Minutes With.. Benny Parihar, Managing Partner, CRYO Health http://gulfbusiness.com/2014/10/five-minutes-benny-parihar-managing-partner-cryo-health/ http://gulfbusiness.com/2014/10/five-minutes-benny-parihar-managing-partner-cryo-health/#comments Sat, 25 Oct 2014 04:00:22 +0000 http://gulfbusiness.com/?p=56621 Benny Parihar, explains why he has brought cryotherapy to the Middle East and how he is expanding the CRYO Health business regionally.

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How To Rule The World Like… Jiang Jianqing http://gulfbusiness.com/2014/10/rule-world-like-jiang-jianqing/ http://gulfbusiness.com/2014/10/rule-world-like-jiang-jianqing/#comments Sat, 25 Oct 2014 03:54:20 +0000 http://gulfbusiness.com/?p=56759 Jianqing is the chairman of the Industrial & Commercial Bank of China (ICBC).

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Saudi Arabia Warns Women Not To Join Protest Against Ban On Driving http://gulfbusiness.com/2014/10/saudi-arabia-warns-women-join-protest-ban-driving/ http://gulfbusiness.com/2014/10/saudi-arabia-warns-women-join-protest-ban-driving/#comments Thu, 23 Oct 2014 14:09:07 +0000 http://gulfbusiness.com/?p=56809 The announcement comes ahead of the anniversary on Oct. 26 of a demonstration last year in which dozens of Saudi women said they had taken to the road in protest at the ban on female drivers.

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Only 11% of IT Decision Makers In UAE, Saudi Say Tablets Have Increased Productivity http://gulfbusiness.com/2014/10/11-decision-makers-uae-saudi-arabia-say-tablets-increased-productivity/ http://gulfbusiness.com/2014/10/11-decision-makers-uae-saudi-arabia-say-tablets-increased-productivity/#comments Thu, 23 Oct 2014 13:00:29 +0000 http://gulfbusiness.com/?p=56777 UAE and KSA responses to the International Tablet Survey suggest a stark contrast in the perceived value of tablets compared to other nations.

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UAE’s Tabreed’s Q3 Profit Rises 28% http://gulfbusiness.com/2014/10/uaes-tabreeds-q3-profit-rises-28/ http://gulfbusiness.com/2014/10/uaes-tabreeds-q3-profit-rises-28/#comments Thu, 23 Oct 2014 12:50:44 +0000 http://gulfbusiness.com/?p=56806 The firm made a net profit of Dhs95.86 million ($26.1 million) in the three months ending Sept. 30, up from Dhs75.11 million in the year-earlier period, it said in a statement.

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Saudi Arabia Produces More, Supplies Less Oil In September http://gulfbusiness.com/2014/10/saudi-arabia-produces-supplies-less-oil-september/ http://gulfbusiness.com/2014/10/saudi-arabia-produces-supplies-less-oil-september/#comments Thu, 23 Oct 2014 12:22:41 +0000 http://gulfbusiness.com/?p=56798 Saudi produced 9.70 million barrels of crude oil per day in September, but its supply to the market fell to 9.36 million bpd during the month.

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Etihad To Begin Daily Flights To Dallas By April http://gulfbusiness.com/2014/10/etihad-begin-daily-flights-dallas-april/ http://gulfbusiness.com/2014/10/etihad-begin-daily-flights-dallas-april/#comments Thu, 23 Oct 2014 12:17:39 +0000 http://gulfbusiness.com/?p=56796 The service, which will initially operate thrice a week, will be upgraded to a daily service in 2015 owing to strong demand, the company said.

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Abu Dhabi’s Royal Jet Appoints New CEO http://gulfbusiness.com/2014/10/abu-dhabis-royal-jet-appoints-new-ceo/ http://gulfbusiness.com/2014/10/abu-dhabis-royal-jet-appoints-new-ceo/#comments Thu, 23 Oct 2014 11:45:23 +0000 http://gulfbusiness.com/?p=56787 Patrick Gordon will replace Shane O’Hare, who served as the CEO of the private charter company since 2007.

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Builder Khodari May Double Capex To Handle Big Saudi Projects http://gulfbusiness.com/2014/10/builder-khodari-may-double-capex-handle-big-saudi-projects/ http://gulfbusiness.com/2014/10/builder-khodari-may-double-capex-handle-big-saudi-projects/#comments Thu, 23 Oct 2014 11:11:30 +0000 http://gulfbusiness.com/?p=56785 Major infrastructure projects planned in Saudi will require raising annual capital expenditure above the levels of SAR150 to SAR250 million seen in past years, Khodari said.

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Abu Dhabi’s Manazel Real Estate Prices New Al Reef Villas At Dhs1.7m http://gulfbusiness.com/2014/10/abu-dhabis-manazel-real-estate-prices-new-al-reef-villas-dhs1-7m/ http://gulfbusiness.com/2014/10/abu-dhabis-manazel-real-estate-prices-new-al-reef-villas-dhs1-7m/#comments Thu, 23 Oct 2014 11:05:09 +0000 http://gulfbusiness.com/?p=56782 Manazel Real Estate has launched 860 two and three-bedroom villas in the new Al Reef development.

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Saudi’s SABIC Says Won’t Expand Petrochemicals Venture With Shell http://gulfbusiness.com/2014/10/saudis-sabic-says-wont-expand-petrochemicals-venture-shell/ http://gulfbusiness.com/2014/10/saudis-sabic-says-wont-expand-petrochemicals-venture-shell/#comments Thu, 23 Oct 2014 10:22:28 +0000 http://gulfbusiness.com/?p=56780 SABIC and Shell first announced plans to explore an expansion of their petrochemical plant in 2012.

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Kuwait’s Jazeera Airways Q3 Net Profit Surges 22.6% http://gulfbusiness.com/2014/10/kuwaits-jazeera-airways-q3-net-profit-surges-22-6/ http://gulfbusiness.com/2014/10/kuwaits-jazeera-airways-q3-net-profit-surges-22-6/#comments Thu, 23 Oct 2014 08:40:45 +0000 http://gulfbusiness.com/?p=56771 The airline registered a 10.8 per cent growth in passengers in the third quarter compared to Q3 last year.

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Kuwait Investment Shares Jump On Privatisation Plan http://gulfbusiness.com/2014/10/kuwait-investment-shares-jump-privatisation-plan/ http://gulfbusiness.com/2014/10/kuwait-investment-shares-jump-privatisation-plan/#comments Thu, 23 Oct 2014 07:53:38 +0000 http://gulfbusiness.com/?p=56767 The Kuwait Investment Authority said it would offer its stake in the firm to the public in the first half of 2015.

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Saudi Arabia’s ACWA Power Shifts Toward Renewable Energy http://gulfbusiness.com/2014/10/saudi-arabias-acwa-power-shifts-toward-renewable-energy/ http://gulfbusiness.com/2014/10/saudi-arabias-acwa-power-shifts-toward-renewable-energy/#comments Thu, 23 Oct 2014 06:54:06 +0000 http://gulfbusiness.com/?p=56757 The firm is seeking to secure or arranging finance for $15 billion worth of projects, nearly half of which are in renewable energy.

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Saudi’s Al Tayyar Travel Group Q3 Profit Rises 13.5% http://gulfbusiness.com/2014/10/saudis-al-tayyar-travel-group-q3-profit-rises-13-5/ http://gulfbusiness.com/2014/10/saudis-al-tayyar-travel-group-q3-profit-rises-13-5/#comments Thu, 23 Oct 2014 06:09:09 +0000 http://gulfbusiness.com/?p=56751 Al Tayyar said quarterly sales rose 22 per cent year-on-year.

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Kuwait Sovereign Fund To Resume Selling Stakes In Local Firms http://gulfbusiness.com/2014/10/kuwait-sovereign-fund-resume-selling-stakes-local-firms/ http://gulfbusiness.com/2014/10/kuwait-sovereign-fund-resume-selling-stakes-local-firms/#comments Thu, 23 Oct 2014 06:06:04 +0000 http://gulfbusiness.com/?p=56744 The Kuwait Investment Authority (KIA) is planning to offer its stake in Kuwait Investment Co in the first half of 2015.

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