GE in $8bn Abu Dhabi investment BBC News | General Electric (GE) is joining forces with Abu Dhabi investment firm Mubadala Development to provide $8bn (£4bn) of finance in the Middle East and Africa. | The move is part of plans by the US industrial conglomerate, which covers jet engines to healthcare and media, to seek out higher growth ar...
Kuwait inflation soars to 11pc on high food prices Gulf Daily News | KUWAIT CITY: Kuwait inflation jumped to a record 11.4 per cent in April, accelerating for a fifth straight month as high housing and food costs continued to spur price rises in the Gulf oil producer. | April inflation advanced from 10.2pc in March, government data showed yesterday. | A 14.87pc yea...
EMC 2Q profit jumps 13 pct, tops Wall Street views The Boston Globe | SAN FRANCISCO— said Wednesday its second-quarter profit climbed 13 percent, topping Wall Street's forecasts, as the data storage specialist rang up record sales despite fears that economic uncertainty is tamping down information technology sp...
Swatch, Rivoli tie up to boost market share in Saudi and India Gulf News | Dubai:The Swatch Group, an international watch manufacturer, has announced the acquisition of a strategic stake in the Rivoli Group, a lifestyle luxury goods retailer in the GCC region, which operates over 245 retail outlets. | The strong partnersh...
GE in $8bn Abu Dhabi investment BBC News | General Electric (GE) is joining forces with Abu Dhabi investment firm Mubadala Development to provide $8bn (£4bn) of finance in the Middle East and Africa. | The move is part of plans by the US industrial conglomerate, which covers jet engines to ...
SA leads developing nations in tough Doha negotiations Business Day SA HAS taken pole position defending developing countries at crucial trade talks in the World Trade Organisation in Geneva, where trade ministers hope to clinch a deal before US President George Bush leaves office. | Taking a strong stand , SA said i...
Country Leads Developing Nations in Tough Doha Negotiations All Africa SA HAS taken pole position defending developing countries at crucial trade talks in the World Trade Organisation in Geneva, where trade ministers hope to clinch a deal before US President George Bush leaves office. | ...
Indian-owned UAE firm among top NASA nanotech award The Times Of India | AJMAN: A small United Arab Emirates (UAE)-based company owned by an Indian, that produces raw materials for the paint industry, is among this year's list of winners of a top nanotechnolog...
WN / Yeshe Choesang
Opinion split as Cambodia's monks revisit democracy Hong Kong Standard The austere existence of Buddhist monks is supposed to show Cambodians how to live. One thing monks have been forbidden to do, however, is show them how to vote. | //--> Patrick Fa...
Oil prices rise slightly Journal Online SINGAPORE -- Oil prices were higher in Asian trade Monday after weekend talks in Geneva aimed at convincing Iran to halt its nuclear program made little progress, dealers said. | I...
Talks under way to to complete Doha round of trade negotiations The Business Review | U.S. Trade Representative Susan Schwab met with ministers from 40 countries in Geneva to complete the Doha round of global trade negotiations, the White House announced today. | ...
Kuwait plans new £132bn metropolis The Guardian | The proposed 'Silk City', planned for the head of the Gulf in Kuwait | Oil prices have so swollen Kuwait's national coffers that the petroleum-rich state is to invest $132bn (£66bn) on its ambitious "Silk City" at the head of the Gulf, it eme...
Pack your bags for Baghdad? Iraq looks to tourism The Times Of India | BAGHDAD: Someone had fun tinkering with the airline board at the old, disused terminal at Baghdad International Airport. It advertises a "special flight" on Japan Airlines from Bas...
Emirates NBD profit soars 45% Gulf News | Dubai: Emirates NBD, the Middle East's largest banking group by assets, on Tuesday reported a 45 per cent increase in net profit to Dh1.47 billion for the second quarter of this year. | For the first half of the year, the bank reported Dh2.68 billi...
DP World bucks global trends The Daily Telegraph | DP World, the Dubai-based container terminals operator, betrayed no signs of a slowing global economy with a 21pc rise in first-half volumes. DP World port operations at Jebel Ali, Dubai | Traffic through the 25 of its 44 terminals where it has majority ownership or operational control increased to 13.6m TEU - twenty-ft equivalent units - as the ...
