News and events

Google Looks to Counter Facebook's Grab for Direct-Response Dollars

05/6/2015, 09:00PM From Primedia International

Search Giant Rolls Out New Mobile Search Ads for Auto, Hotel Brands For a long time Google has dominated direct-response advertisers' online budgets by being able to show a direct correlation between clicks on its ads and purchases on brands' sites. But recently Facebook has been making inroads into Google's territory. Now the search giant is pushing back....

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Abu Dhabi to invest over $25bn in offshore oilfields

04/23/2015, 01:15PM From Primedia International

Abu Dhabi plans to invest over $25 billion in the next five years on boosting its oil production capacity from offshore fields, a senior official of Abu Dhabi National Oil Co said on Tuesday. The plan is part of the United Arab Emirates' strategy of increasing its crude oil output potential to 3.5 million barrels per day by 2017-18. The UAE's actual current production is around 2.8 million bpd....

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Two Omani investment firms agree merger plan

04/23/2015, 01:00PM From Primedia International

The boards of Oman National Investment Corp Holding and Oman International Development and Investment Company (Ominvest) have approved a proposed merger between the pair, according to bourse filings from both firms on Monday. The merger will still require approval from the shareholders of both companies, the Capital Market Authority and the Ministry of Commerce and Industry, the filings said....

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Twitter stock hits 7-month high on takeover rumours

04/13/2015, 01:15PM From Primedia International

Twitter saw shares jump as high as 5% yesterday on widespread speculation that the company has been approached by two separate companies with takeover bids, online media reported. According to several reports, Google is one of the companies and Twitter has retained Goldman Sachs in an advisory role, to fend off the advances....

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Stock markets: Gulf bourses edge up on positive news, background

04/13/2015, 01:00PM From Primedia International

Most Gulf stock markets rose slightly in early trade on Sunday, April 12th, supported by positive news and gains made by oil and global equities on Friday, April 10th. Brent crude rose 2.3 percent on Friday and posted a 5.3 percent weekly gain on lowered expectations that an agreement on Iran's nuclear programme would result in a rapid return of more Iranian oil to the market....

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Bahrain gears up for F1 Grand Prix

04/12/2015, 12:00PM From Primedia International

Manama, Apr. 10 (BNA): Bahrain is gearing up for F1 Grand Prix, scheduled to be held this year on April 17-18-19. Meanwhile, the customs authorities are sparing no efforts as the countdown began for the 2015 Formula One Gulf Air Bahrain Grand Prix, annually hosted at the Bahrain International Circuit, the home of motorsport in the Middle East....

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Unlock the Potential of Online Marketing

04/12/2015, 11:45PM From Primedia International

Get your company's website on the first page of Google with Primedia's latest digital offering to help businesses tap the online market....

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Saudi Arabia Named No 1 in Gulf for multi-millionaires

04/7/2015, 10:45PM From Primedia International

Saudi Arabia is home to the most multi-millionaires in the Gulf region, with a total of 3,160 living in the Gulf kingdom at the end of 2014, according to a new report....

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Bahrain, Dubai Firms Invest in Asteco Franchise Deals

03/30/2015, 07:15PM From Primedia International

Bahrain real estate company RightWay and Dubai-based Savana Real Estate are the latest to invest in the franchise of the Asteco brand in the Gulf region....

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Primedia International Releases 2015-16 B2B Guides

03/23/2015, 07:30PM From Primedia International

Primedia International is delighted to announce the release of the 2015-16 editions of Banks in Bahrain and Bahrain Business Yellow Pages. Dedicated to the business-to-business market of the Kingdom, these exclusive reference guides provide updated industry data and insights and also help businesses find partners, suppliers and new clients in Bahrain....

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