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Business & Management

Details: Created: 01 February 2011

s-and-p

Standard & Poor's Ratings Services lowered its long-term foreign currency sovereign ratings on the Arab Republic of Egypt to 'BB' from 'BB+', and its long- and short-term local currency ratings to 'BB+/B' from 'BBB-/A-3'.

Details: Created: 31 January 2011

GCC_economy

Higher crude prices and output will likely boost the combined nominal GDP of Gulf oil producers to a record high of more than US$1.1 trillion in 2011 while their economies could fully recover within two years, a semi official study has said.

Details: Created: 25 January 2011

Deal_Syrian_plant

Cemena Holding Company, a Middle East and North Africa (Mena)-based cement holding company, yesterday said it has signed an agreement with Sinoma CBMI Construction Company Ltd., a subsidiary of Sinoma Group, to commence construction of a cement plant in Syria.

Details: Created: 21 January 2011

DSI_Zamil

Drake & Scull International (DSI) has announced its partnership with Zamil Group Holding Company in Saudi Arabia.

Details: Created: 11 January 2011

Qatar_electricity_plant

Qatar is intending to set up a new electricity plant with a capacity of up to 5,000 megawatts by 2016 in order to meet rising energy demands according to a senior official from Qatar Electricity and Water Company (QEWC).