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Latest Persian Gulf states Stories

2011-07-28 17:52:00

Iraq's large oil-production potential could put it in a position to vie for leadership with Saudi Arabia in the world oil scene in the coming decades. But a new energy study released today by Rice University's Baker Institute for Public Policy finds that in the near term, both Baghdad and Riyadh may have difficulty meeting rising demand for oil. The study, "Iraqi Oil Potential and Implications for Global Oil Markets and OPEC Politics," argues that ambitious targets set by the government of...

2011-07-06 07:38:00

SUGAR LAND, Texas, July 6, 2011 /PRNewswire/ -- Arabian American Development Co. (Nasdaq: ARSD) today announced that the Arab Mining Company (ARMICO) has invested US $37.3 million, acquiring five million shares, or 10% interest in Al-Masane Al-Kobra Mining Company (AMAK). This capital provides AMAK with the financing necessary to start full production in early 2012. ARMICO acquired a seat on AMAK's board which will be held by Mr. Sultan Al-Shawli, Saudi Deputy Minister for Petroleum and...

2011-06-19 03:00:00

LONDON, June 19, 2011 /PRNewswire/ -- BMG Foundation Calls on International Business Community to Follow Her Majesty's Lead in Backing the Our Water, Our Life Campaign H.M. The Queen attended the 2011 GCC Polo Cup as a special guest of the Saudi Royal Family and The BMG Foundation to promote the conservation of water across the Middle East and Africa. The GCC Polo Cup is an annual charity tournament held in Guards Polo Club, Windsor, UK,...

2011-06-11 08:00:00

RIYADH, Saudi Arabia, June 11, 2011 /PRNewswire/ -- Today, Anne Habiby, co-founder of AllWorld Network and Atif Abdulmalik, the CEO of Arcapita launched the GCC Fast Growth 100 (GCC100), as a pioneering and prominent program to find and rank the fastest growing private companies of the GCC, the companies creating the next jobs and industries. With the immediate need to create more private employment in the region, the annual GCC100 has been initiated by the AllWorld Network, with the...

2011-03-03 05:23:00

DUBAI, UAE, March 3, 2011 /PRNewswire/ -- Before the dramatic turn of events in Egypt in the last few weeks which resulted in a new era for the country - and the region - an important meeting was held with 300 of the key decision makers in Egypt's financial and infrastructure sectors. The focus of the event was on public private partnerships (PPPs) with a view to finance the country's many large scale energy, housing, urban and utilities development projects. The then Minister of...

2011-02-23 08:29:00

DUBAI, UAE, February 23, 2011 /PRNewswire/ -- In recent months, Qatar's construction and infrastructure industry has provided a focal point of interest for both regional and international consultants and contractors looking to break into this lucrative market. Ashghal, Public Works Authority, have pledged to increase spending to improve the quality and safety of roads in the country with an estimated $20 billion allocated for road projects over the next five years. Qatar has embarked...

2011-01-31 07:56:00

DUBAI, UAE, January 31, 2011 /PRNewswire/ -- An innovative collaboration spearheaded by the British Council breaks new ground today by bringing Arabic performances to a global audience online and for free with the launch of http://www.digitaltheatre.com/gulfstage Gulf Stage provides young people who might never have attended a live performance, but regularly use digital media, the opportunity to experience the magic of theatre - taking theatre to them online. It provides Arabic...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'