US interest rate-setters, led by Federal Reserve chairman Ben Bernanke, are expected to cut rates from the current level of 1% on Tuesday. They are expected to lower it at 1415 EDT (1915 GMT) to 0.5% or even 0.25%. As...
Dubai :: United Arab Emirates
| updated Tue Nov 17 00:46:14 -0800 2009
| business-news
Dubai's Emirates Airlines became Boeing 777 aircraft's largest airline operating company of the world. Now the company have 78th Boeing 777 aircraft arrievd. Still, yet 28 Boeing 777 aircrafts to be supplied to Emirates Airlines . This the world's only...
Dubai :: United Arab Emirates
| updated Sun Jul 19 13:12:59 -0700 2009
| business-news
SkyCourts Dubailand, Dubai has evoked unprecedented interest since the day booking started. All who have booked in Skycourts are anxiously waiting for the project to be completed. The interest that Skycourts has generated would no doubt make Skycourts a landmark...
Iranian artists have created the world's largest sand carpet from the colorful sand found on the country's southern island of Hormuz. Some 25 visual artists used 70 types of colorful sand to create the 'Persian Gulf' sand carpet, which will...
Sharjah :: United Arab Emirates
| updated Tue Oct 13 06:05:10 -0700 2009
| business-news
Steel Fab 2009 exhibition held in Sharjah, United Arab Emirates (UAE) from Jan 19 to Jan 22 attracted both more exhibitors and few business deals. The exhibition is organized by Expo Center Sharjah with the support from the Sharjah Chamber...
In recent months, the financial crisis has pushed back the food crisis, which had dominated the headlines for the past eighteen months. But falling prices and corporate bankruptcies cannot hide an appalling fact - if not starvation, at least a...
Jiddah :: Saudi Arabia
| updated Thu Jan 01 05:48:41 -0800 2009
| business-news
Jeddah: Under the patronage of H.E. the Director General, Saudi Arabian Airlines (SV) has recently inaugurated the In flight Services awareness campaign, which included the opening of an accompanying exhibition at the Flight Operations Building in King Abdulaziz International Airport...
Tel Aviv :: Israel
| updated Fri Aug 21 15:07:23 -0700 2009
| business-news
Picture this! The Great Wall that divides Israel & Palestine. A soccer ball flies over the wall into the Israeli territory and bumps on the bonnet of the IDF soldiers' jeep. The jeep halts and a soldier gets down to...
Abu Dhabi :: United Arab Emirates
| updated Wed Oct 21 10:05:19 -0700 2009
| business-news
ABU DHABI: The 1.4km Sheikh Khalifa Bridge opened, clearing the way for drivers to bypass all of Abu Dhabi island from the E10 motorway. Officials hope the 10-lane span will help ease congestion in the city’s often gridlocked roads. It...
Riyadh :: Saudi Arabia
| updated Sat Oct 31 19:29:17 -0700 2009
| business-news
Saudi Arabia contributes 20,687 thousand barrels of oil per day to the world's oil basket. Being the largest producer it exports about 8,525 thousand barrels per day. The nation is also the world's 10th largest consumer of oil with consuming...
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