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Saudi Aramco to build Jazan Refinery
Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi has said that upon the approval of the ...

Study: Gulf SMEs to contribute additional GDP of $100b
Small and Medium-sized Enterprises , based in the Gulf countries, may contribute to the local economies with ...

Borse Dubai extends $2.5b loan to Feb 2011
Borse Dubai Limited said on Tuesday that it would exercise an option to extend for one year a $2.5 billion ...

Citi's $7.6 bln loss hits Wall Street target
Citigroup posts a fourth-quarter loss of $7.6 billion, but the shares

Dubai court imposes receivership on KM Holdings
Dubai court has ordered imposition of receivership on KM Holdings group of companies, the parent company of KM ...

'Avatar' pulled from Chinese screens; nears record
Fresh from a victory at the Golden Globes and another record-setting weekend at the box office, James Cameron

MID: GCC salary trends on slow upward climb
The Markets Insights Division of Advantage Consulting Company has released their latest report on GCC Salary ...

Terrorist attacks planned for Kuwait
The State Security Department is interrogating a 27-year-old Bahraini man, identified as Abdullah Al-Musa'ad, who ...

$7b in GCC hotel projects under construction
Even with revenue and room rates falling, hotels in the Middle East are faring better than the rest of the world in the ...

Ernst & Young: Attacks on corporate information security increasing
Outpacing Change: Ernst & Young's 2009 Global Information Security Survey, which polled more than 170 senior IT executives ...

Gulf's phone buyers put software on par with style
Expert Point-of-Sale Advice Key to Retail Leadership, Says Axiom Telecom CEO Historically, consumers around the world ...

Pakistan- Court tells government to prosecute Zardari
Pakistan's Supreme Court ordered the government on Tuesday to reopen all cases against President Asif Ali Zardari, ...

Jordan- No party accused in attack on Israelis
Jordan said on Tuesday that it does not accuse any party of standing behind a failed roadside bomb attack that ...

Colliers: Dubai house prices show signs of Stabilisation
Dubai house prices returned to the same level of 2007 second quarter following a one per cent rise in the fourth ...

Dubai's Nakheel pays coupon on $750m bond
Property developer Nakheel, owned by Dubai World, on Tuesday said it had paid the coupon on its $750 million bond ...

Toyota's Prius wins Zayed Future Energy Prize
Toyota Motor Corporation's Prius was awarded the 2010 Zayed Future Energy Prize on Tuesday at a ceremony held at ...

Paid parking in Abu Dhabi's 19 more areas
The Department of Transport will implement the second phase of the paid parking project in the capital from ...

Plastic bags banned in Ajman from July
Ajman has banned use of plastic bags in the emirate from July 1, the first emirate to do so in the country. A ...

Widespread pension fraud found in Naples
No Abstract

Give us your camels, Saudis tell Aussies
Do not kill your camels. Send them to us, Saudis have told Australians through a massive campaign on the Internet. The ...

Five themes for 2010
The comedown year -- 2009 -- is analogous to drug addiction. The economic body wanted to keep on moving but the ...

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