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Middle East and North Africa Business Report
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Articles in March, 2006 issue of Middle East and North Africa Business Report
- Intel goes WiMAX in Saudi Arabia.
- Rise in demand for gold in Saudi Arabia more than double worldwide levels.
- KEC to buy service contract for major oil field in Oman.
- UAE: Nokia wins managed services contract.
- Alcatel teams with AEC for DSL deployment in Saudi Arabia.
- Shefa Healthcare Fund to manage major investments in regional healthcare sector.
- Forbes Arabia unveils first-ever list of 50 most powerful Arab businesswomen.
- Fortune Group unveils grand plans to build landmark commercial tower in Dubai.
- Q-Post General Postal Corporation to use Oracle E-Business Suite.
- Morocco: Potential to boost fish production.
- Increased activity reported by Iranian ports.
- BenQ leads the projector market in Saudi Arabia.
- Arcapita completes acquisition of leading oil and gas services company.
- Mirfa Hotel enjoys 235 per cent increase in profits.
- Sama Towers leasing contract awarded to Asteco.
- Bosch & Mhao ink five-year strategic alliance.
- Kia sales in UAE rise 43.8 percent in February 2006.
- Etisalat completes 26 percent purchase of PTCL.
- 87 percent of reclamation work completed in Dubai Maritime City.
- Expert says Middle East construction boom is driving new demand.
- Muslims worldwide will deposit 50 percent of savings in Islamic banks by 2015.
- Shell and Centurion sign Farm-In Agreement for Nile Delta Onshore blocks.
- PCFC statistics indicate 155 per cent growth in automobile spare parts trade.
- Kuwait: Real estate sales show sharp drop during February.
- Despite boycott, Danish firm wins Egyptian contract.
- Financial institutes plan to establish first dedicated Islamic investment bank.
- Following king instructions Saudi stock market recovers.
- FedEx expands services in the UAE.
- Amiantit wins GCC contracts.
- Royal Jordanian Airlines to buy seven firm EMBRAER 195s.
- Qatar: Minister of economy and trade sacked.
- Moody's changes outlook on Kuwaiti banks' long- and short-term deposit ratings.
- Intel goes WiMAX in Saudi Arabia.
- Nissan launches Express Service centre in Bahrain.
- Dhamani Jewels DMCC wins exclusive right to sell Dubai Cut diamond.
- Middle East leisure boat industry looking to Saudi Arabia for market growth.
- Ithmaar Bank IPO oversubscribed by three times.
- Gulf Energy unveils plans to launch Middle East's first energy trading platform.
- UAE: Moody's assigns a2 rating to Mashreqbank's senior unsecured notes.
- Albaraka Banking Group signs consultancy agreement for launch of its IPO.
- ABN AMRO structures US$ 17.9 million financing package for Topaz.
- SPI appoints Afrina as contractor.
- Arab investment overseas will rise, say experts.
- Bahraini consortium to provide PVAXX with state-of-the-art machines.
- Volvo subsidiary inaugurates new distribution, training facility at Free Zone.
- Majid Al Futtaim Fashion signs partnership with Liz Claiborne.
- Huawei unveils its vision for Middle Eastern service providers.
- Fastlink launches new free service to activate GPRS settings on handsets.
- Dubai Ports World not to run US ports.
- Banks close US$70 million syndicated Murabaha financing facility.
- Middle East telecom companies prepare for next generation internet use.
- Babcock & Brown First Australian company to establish office in the DIFC.
- Saudi Arabia: PETRORabigh project launched.
- First Islamic Bond Index introduced in Bahrain.
- Credit Suisse licensed to provide financial services in Lebanon.
- L&T, Kanoo Group join hands for high-end electrical systems gigantic project.
- Traffic accidents take heavy economic toll.
- Amana Contracting & Steel Buildings awarded building contract.
- Honeywell signs $12 million agreement with SABIC.
- All new Nissan Pathfinder to land in Middle East.
- Suzuki XL 7 meets growing demand among consumers in Saudi Arabia.
- National Bank of Kuwait launches Corporate Card.
- Booming Abu Dhabi real estate market creating investment opportunities.
- Stable outlook for Ajman Sewerage (Private).
- PCFC statistics indicate 128 percent increase in food trade from 2001 to 2005.
- Dubai International Boat show 2006 opens to record first day visitor numbers.
- Exomos' retro-styled 'Nautilus' sub next step in marine excursion and tourism.
- Infiniti fastest growing luxury brand in the GCC.
- Middle East's largest wedding industry event set to take off.
- Gulf Air and SR Technics sign MOU on maintenance.
- Amiantit sets-up factories in Morocco and Algeria.
- Emaar investment in Morocco reaches AED 25.3 billion.
- Intel to set up its first state-of-the-art technology lab in Saudi Arabia.
- Yemen's Internet market registers high growth rates.
- Emirates Islamic Bank signs MOU with Nakheel.
- High liquidity leads to Qatar infrastructure boom.
- ICDL calls on GCC women to advance their computer skills.
- Prince Walid vows to invest more in Syria.
- Dubai Islamic Bank launches operations in Pakistan.
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