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Tuesday, September 07, 2010
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Dubai may have to sell assets, say analysts
Dubai: 
 
  Dubai may have to step up asset sales and government borrowing as a heavy debt repayment schedule for state-linked companies over the next few years puts pressure on government finances.  
  Read More  
   
   

Iran 'is self-sufficient in gasoline'
Tehran :  
  Iran has raised its gasoline production to attain self-sufficiency in the strategic product and foil sanctions targeting its energy needs, the state TV website reported its oil minister as saying.    
  Read More  
Google to start TV service soon
Berlin: 
  Google will launch its new service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said.    
  Read More  
  More top stories

Saudi awards $2.44bn power plant deal
China, India top FDI destinations
UAE freezes four Iranian bank accounts
  • Through the storm

    Gulf airlines have navigated the worst of the global economic crisis, but further liberalisation is needed if the region is to harness the full economic impact of the industry
  • Defensive measures

    A local defence industry is growing in the United Arab Emirates, as commercial ventures in firearms, surveillance and weapons systems take aim
  • The Square Mile reboots its Gulf appeal

    Despite old ties, London is having to fight harder to win business from the GCC
  • Rebuilding Iraq

    Housing tops Baghdad’s growing to-do list, but as work begins on infrastructure ranging from airports to sewage plants, Iraq’s modest contracting capacity is being stretched to its limits

  International Business News   International News
 

Gold rises towards $1,260 as risk aversion climbs
Key changes at the top for Barclays, HSBC

Samsung warns DRAM oversupply on weak PC sales
 

Iran must heed IAEA demands says Russia
Iran boosts N-work, concern remains: IAEA

London commuters brace for travel chaos
   
 
  MAF starts work on $1bn Syria project  
  Majid Al Futtaim Properties, a leading developer and operator of shopping malls, hotels and mixed-use projects, said it has begun the ground works for “Khams Shamat,” its first mega tourism project in Syria.  
  Read More  
 

MAF Dalkia wins Abu Dhabi mosque contract
DSI unit clinches Abu Dhabi housing project
 
   
  Dnata opens new lounge at Dubai airport  
  Dnata, the leading air travel services provider, has opened a new dedicated lounge to enhance the special handling services it provides to passengers travelling through Dubai International.  
  Read More  
 

BA-Iberia 'eyeing Gulf Air takeover'
Dolphin, seal shows to mark Eid
 
   
  Iran 'is self-sufficient in gasoline'  
  Iran has raised its gasoline production to attain self-sufficiency in the strategic product and foil sanctions targeting its energy needs, the state TV website reported its oil minister as saying.  
  Read More  
 

Saudi awards $2.44bn power plant deal
Kuwait Q4 supply 5pc below contracts
 
   
  ADIB inks $1.1bn Emirates Steel finance deal  
  Abu Dhabi Islamic Bank (ADIB) said it has arranged a Dh4 billion ($1.1 billion) Islamic finance facility, the largest project finance deal in the UAE, for Emirates Steel Industries (ESI), the UAE’s leading steel maker, to help its expansion project.  
  Read More  
 

Egypt's National Cement full-year profit up 18pc
Dubal backs German trade fair
 
   
  Long-term weight loss may be harmful to health  
  Long-term weight loss may release into the blood industrial pollutants linked to illnesses like diabetes, hypertension and rheumatoid arthritis, researchers said on Tuesday.  
  Read More  
 

Kalium offers non-surgical body treatment
Google launches new health information initiative
 
   
  GDS wins two big Dubai fit-out projects  
  Sharjah-based Gulf Dynamic Services (GDS), a leading player in the field of interior design and decoration in the region, said it has won the interior design and fit-out contracts for two new projects in Dubai.  
  Read More  
 

UAE interior design market seen at $14.6bn
V&B unveils new cup and saucer series
 
   
  Saudi's IT market to hit $9.86bn by 2013  
  Saudi Arabia's IT spending is expected to post a 17 per cent growth this year and reach a value of nearly SR37 billion ($9.86 billion) by 2013, said a report.  
  Read More  
 

Mobily, Carrefour partner in loyalty programme
Etisalat doesn't see deal with Reliance this year
 
   
  Bloom starts work on Abu Dhabi project  
  Bloom Properties, the Abu Dhabi-based developer of property and lifestyle solutions, said work has begun on the Brighton College School coming up at the company's Bloom Gardens community in the emirate.  
  Read More  
 

Cityscape event to tackle key property issues
Al Salam in $58m UK property refinance deal
 
   
  UAE freezes four Iranian bank accounts  
  The United Arab Emirates' central bank has frozen four Iranian bank accounts cited in a United Nations Security Council blacklist after uncovering their presence in the UAE banking system, a paper said on Tuesday.  
  Read More  
 

Ex-Shuaa Securities chief joins Abu Dhabi firm
Egypt pound ‘may struggle to rebound from lows’
 
 
  Canon unveils latest range of VAR solutions  
  Canon Middle East has rolled out the company's latest range of solutions for Egypt's system integrators and value added reseller (VAR) channel as part of its IT channel strategy for the country.  
  Read More  
 

LG launches new LED monitors
Iconic launches autumn/winter range
 
   
  Dubai may have to sell assets, say analysts  
  Dubai may have to step up asset sales and government borrowing as a heavy debt repayment schedule for state-linked companies over the next few years puts pressure on government finances.  
  Read More  
 

Final Gulf customs union 2-3 years away: Kuwait
Staff owned businesses 'are more resilient'
 
   
  Google to start TV service soon  
  Google will launch its new service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said.  
  Read More  
 

Batelco’s mobile ticketing ‘popular’
Top firm offers 5-day digital marketing training
 
   
  DGCX Indian Rupee futures hit record volume  
  The Dubai Gold & Commodities Exchange (DGCX) said it has transacted 111,348 contracts last month, valued at $57.1 billion, with Indian Rupee futures achieving a third consecutive monthly volume record.  
  Read More  
 

Stock markets to close for Eid
Beltone to trade on Egypt bourse by year-end
 
 
  Top automakers to unveil new models at show  
  Mercedes, Volkswagen and Nissan will unveil their new models for the first time in the Middle East at an upcoming automobile show in Sharjah.  
  Read More  
 

Ferrari plans safety recall
KFH sees vehicle sales up 80pc
 
   
  TNT SAB Express sees big Saudi demand  
  TNT SAB Express Saudi Arabia, one of the kingdom's leading express companies, said the company plans to grow its vertical markets in response to the burgeoning demand for high-quality delivery solutions.  
  Read More  
 

Bayanat to open new Dubai branch
GAC acquires top Finnish shipping agent
 
   
  Iraq may buy $13bn of US arms, equipment  
  Iraq intends to spend $13 billion on US arms and military equipment, tanks, ships and hardware, said a report.  
  Read More  
 

7 killed in suicide attack on Iraq army base
Bahrain 'terror network' dismantled
 
 
  Bahrain records third hottest August  
  An absence of shamal winds that traditionally sweep down the Gulf was responsible for soaring temperatures last month in Bahrain, making August the third hottest month since 1902.  
  Read More  
 

Saudi launches $186m Zamzam project
Insulation ‘key to energy efficiency’
 
   
  Wheat price spike 'raises food insecurity'  
  Riots over high bread prices in Mozambique and food shortages elsewhere should be a wake-up call for governments which papered over food security problems that arose two years ago, a United Nations expert warned on Tuesday.     
  Read More  
 

Mani plans Dubai factory expansion
Burger King accepts $3bn 3G Capital offer
 
   
  Bahrain reveals October poll details  
  About 318,000 people are eligible to vote in Bahrain's parliamentary elections to be held next month.  
  Read More  
 

Dubai Customs urges trademark registration
ElBaradei urges Egypt vote boycott
 
   
  AGU programme to help boost performance  
  Dubai-based Al-Ghurair University (AGU) has introduced a foundation programme aimed at improving the performance of students with below 60 per cent secondary school examination score.  
  Read More  
 

Bahrain-Swiss deal to protect pearl industry
Oman - Intel deal to train 45,000 teachers
 
   
  Revenue boost for Bahrain agri ministry  
  An increase in revenues helped the Bahrain Municipalities and Agricultural ministry to overcome a deficit of BD8.5 million ($22.5 million), according to a report.  
  Read More  
 

Foreigners apply to farm maize in Algeria
Saudi prawn firm wins BRC accreditation
 
 
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