Wednesday, Jan 05, 2011

Gulf News

Saudi Arabia

DuBai’s Dewan

wins design contract for Akwaan Mall

Dubai Dewan Architects and Engineers has been awarded the design for Akwaan Properties’ “Akwaan Retail Centre” project in Riyadh. The Centre, first of Akwaan’s Retail Lifestyle Centers series, has a total built-up area of 8,500 square metres.

carriers

Two new vessels in Adnoc group fleet

Abu Dhabi Adnatco, a shipping arm of the Adnoc Group of Companies, yesterday took delivery of two new bulk carriers at the Hyundai MIPO Dockyard in Ulsan, South Korea. M.V. Umm Ad Dalkh and Arrilah-I, both 37,000 metric tonnes deadweight, Handy Size Bulk Carriers, will carry bulk cargoes for Adnoc group companies.

Jet Fighters

France-UAE Rafale talks advancing

Saint-Dizier French Def-ence Minister Alain Juppe said yesterday talks with the UAE and Brazil over possible orders of French Rafale jet fighters were advancing. “We’re advancing with the UAE because negotiations have resumed,” Juppe said. Talks froze in mid-2010 over a newspaper article that fanned sensitivities in Abu Dhabi.

Insurance

Newborns covered under Daman plan

Abu Dhabi Mothers who are medically insured by Daman’s Enhanced Plans will automatically extend their insure to their newborn babies, free of charge, the company said yesterday. The babies’ insurance will only expire with the mothers’ insurance plan.

Mena Fund

Norton Rose advises on launch

Dubai International legal practice Norton Rose (Middle East) LLP has advised Royal Capital PJSC on the launch of the Royal Capital Middle East and North Africa (MENA) Multi Market Strategy Fund, an open-ended Bahrain-regulated instrument for institutional and high networth investors.

Jeweller

L’Azurde to open factory in Syria

Damascus Saudi gold and jewellery maker L’Azurde may start a manufacturing unit in Syria to produce up to five tonnes of gold and jewellery.

—Compiled from staff reports and agencies

briefs

Staff Report

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