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UAE minister: Current oil prices needed for investments
Oil prices between $70 and $80 per barrel are acceptable to producers, and the current prices, which hover around ...

Ford tops GM in U.S. for first time in 12 years
Pull over, General Motors; Ford sold more cars and trucks in the U.S. last month than its crosstown rival for the ...

Global hotel prices drop 14%
The average price of a hotel room around the world fell by 14% in 2009, according to the latest annual Hotels.com Hotel ...

Qatar, Germany set up solar power joint venture
A state-run foundation in the natural gas-rich state of Qatar says it is setting up a joint venture plant ...

ME airlines record 24% growth in passenger demand in Jan
Airlines in the Middle East, which grew throughout 2009, recorded a significant double digit growth in passenger ...

Dubai- Cassation Court verdict closes Nakheel case
Two former employees of leading property developer Nakheel were found guilty of accepting a bribe of Dh5.1 million ...

Apple sues HTC, phone maker for Google
Apple sues HTC, phone maker for GoogleCUPERTINO, Calif., Mar 2, 2010 -- U.S. technology giant Apple filed suit against ...

Dubai- Arabtec profit halved on bad debts
Arabtec Holding, the UAE's largest contractor by market value, on Tuesday said its profit for 2009 nearly halved ...

UAE's Etisalat cuts price of 1GB net package
Etisalat reintroduced the 
1 GB mobile broadband package at a reduced price of Dh145 per month, with ...

Plan to replace expats with Kuwaitis
There are all indications the government will suspend the appointment of expatriate personnel in the public sector to ...

Saudi Arabia- Samba, SEC renew housing finance deal
Samba Financial Group has renewed its housing finance agreement with Saudi Electricity Company for another ...

Saudi Arabia- Bad news for bad checks as jails await defaulters
The Saudi government has introduced new measures that will make bouncing a check punishable by jail in an effort to ...

Qatar- Law on real estate firms in the works
A law is on the anvil to regulate real estate agencies and property developers. Its draft is currently with the ...

Euro dubbed 'worst-performing currency' by RBC
The euro will fall more than previously expected over the next year as the financial issues in so-called peripheral ...

Man gets 7 years for cheese theft
Man gets 7 years for cheese theftWOODLAND, Calif., Mar 2, 2010 -- A California man was sentenced to seven years and eight ...

Reagan $50 bill draws opposition
Reagan $50 bill draws oppositionWASHINGTON, Mar 2, 2010 -- U.S. scholars and politicians say they will resist a new ...

Report: U.S. extremist groups grew in 2009
Report: U.S. extremist groups grew in 2009MONTGOMERY, Ala., Mar 2, 2010 -- The number of extremist, anti-government ...

Active vs. passive investments
Index funds over the last decade have markedly increased their share of the mutual-fund market, but that doesnt mean ...

Qatar- Coca-Cola prices to go up from today
With Pepsi increasing the retail prices of its various soft drinks, Coca-Cola has also decided to hike the cost of ...

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