The BI-ME eNewsletter
3rd September, 2010, 03:28
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Syria
FEATURED REPORT...
Posted: 05-06-2007
SYRIA. Syria will link the Pound to the International Monetary Fund''s special drawing rights (SDR) in July, abandoning its peg to the US Dollar, the central bank governor said.
"We will do it now in July," Governor of the Central of Syria Adeeb Mayaleh told reporters in Abu Dhabi. Mayaleh said in October that the change would take place in the first half of 2007, but "we needed some time so we slightly delayed it".
Effective from 1 January 2006, the IMF set weightings for the SDR, its unit of account, at 44% of the US Dollar, 34% Ruro, and 11% each of Yen and the British Pound Sterling
Posted: August 3, 2010
INTERNATIONAL. Jordan, Qatar, Syria and Tunisia have launched IDNs in the Arabic language.
Posted: July 30, 2010
LEBANON. Syrian President Bashar al-Assad arrived in Lebanon on Friday in a joint mission with Saudi King Abdullah to defuse a tense political situation.
Posted: July 23, 2010
SYRIA. This web-based tool will allow travel agents to update their customers with their latest travel itinerary via SMS.
Posted: July 20, 2010
SYRIA. Report explores countries bid to build public-private partnerships, particularly in the oil industry, and tap investors for key projects earmarked for the transport sector.
Posted: July 18, 2010
IRAQ. As part of this program, the country intends to build a pipeline that would carry heavy oil from the Majnoun, East Baghdad, Qayara and Najma fields to Turkey and to rebuild an existing export network to Syria.
Posted: July 17, 2010
UAE. Six of the region's leading operators to build cable system stretching from the UAE through Saudi Arabia, Jordan and Syria into Europe.
Posted: July 10, 2010
SYRIA. Syria's government has offered 74,000 square-kilometers of land, or 40% of the country, to international oil and gas companies for exploration.
Posted: June 16, 2010
UAE. Airline adds four additional flights to Amman, Damascus and Alexandria in response to increased seasonal demand. Flights will operate between June 21-July 4.
Posted: May 2, 2010
UAE. Middle East's leading mall developer and operator to build new malls in Egypt, Lebanon, Syria and the UAE for completion by 2014.
Posted: April 25, 2010
INTERNATIONAL. DOMOTEX Middle East 2010 to serve as platform for buyers from Lebanon, Syria and Jordan to source finest floor covering products.
Posted: April 15, 2010
EGYPT. El Zamalek qualified after beating the Algerian team GS Petroliers Mouloudia Club 28-27 in the African Super Cup in Burkina Faso last week.
Posted: April 8, 2010
SYRIA. Standard & Poor's Ratings Services said today that it raised to 'BB+' from 'BB' its counterparty credit and insurer financial strength ratings on Syria-domiciled Arab Union Reinsurance Co. The outlook is stable.
Posted: April 7, 2010
INTERNATIONAL. The Middle East's construction sector is expected to grow at an annual rate of 3.5% through 2015, surpassing growth rates in the European and North American markets.
Posted: March 31, 2010
INTERNATIONAL. Cyprus, Rental Solutions & Services has recently launched its latest product offering, temporary desalination or mobile water.
Posted: March 17, 2010
UAE. Majid Al Futtaim (MAF) Properties is planning an US$817 million shopping mall and office project in Syria, its chief executive said.
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: September 2, 2010
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
date:Posted: September 1, 2010
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
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date:Posted: September 1, 2010
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.
INTERNATIONAL.The first round of talks, hosted by US Secretary of State Hillary Clinton, was held in the State Department.
INTERNATIONAL. Masood Ahmed, Director of the IMF's Middle East and Central Asia Department, described the flooding as a "human catastrophe that is still evolving." Reconstruction costs expected to run into billions of dollars.
