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Heavy public spending triggered by the global fiscal crisis will boost the UAE's non-oil economy by 2.1 per cent in 2009 despite a sharp decline in the country's oil production, said a Saudi investment firm yesterday. NCB Capital, an affiliate of Saudi...
Tags: UAE, oil sectors, NCB Capital, Saudi Arabia, Riyadh, Gross Domestic Product, United Arab Emirates, Business Finance
We (Ulfa) are against large-scale infiltration from that country (Bangladesh) which has threatened to change the demographic pattern of Assam and make the indigenous people a minority," arrested Ulfa vice-chairman Pradip Gogoi said here. "The problem...
Tags: Bangladesh, UAE, Ulfa, Dhāka, Sheikh Hasina, Politics, Bangladesh Awami League, Environment, United Arab Emirates, Irregular military, Foreign relations of Bangladesh, Sheikh Mujibur Rahman, Western Asia, United Liberation Front of Asom, Business Finance, Assamese nationalism, Social Issues, Sheikh rehana, Dubai, Mohammed bin Rashid Al Maktoum, Assam, Terrorism in India, Arabia, Khondaker Mostaq Ahmad, Bangladesh Liberation War, Religion Belief, Law Crime
With third-quarter results season coming to an end, global cues may influence the trading pattern on the UAE markets. Majority of investors are in a wait-and-watch mode and preferred not to take any fresh positions as they are still chary of future market...
Tags: UAE, global cues, United Arab Emirates, Dubai, Stock market, Futures contract, Margin, Business Finance
UAE-based news site Khaleej Times reported the 27-year-old Filipino, who was not named, was also ordered deported once he serves his jail term...He was also found guilty of spending more than Dh1,300 (P16,495) with the stolen credit card at a supermarket.
Tags: credit card, UAE, Indonesian, United Arab Emirates, Dubai, Manny Pacquiao, Pacquiao
Saudi Arabia, Oman, United Arab Emirates, Kuwait, Qatar, and Bahrain � are beginning to look ahead towards resuming healthy growth in 2010. With oil prices and demand marching to all-time highs in the years leading up to 2008, the GCC states were able...
Tags: GCC, Saudi Arabia, UAE, Bahrain, economic crisis, Kuwait, macroeconomic stability, GCR, financial crisis, Qatar, Doha, Constitutional monarchies, Western Asia, Cooperation Council for the Arab States of the Gulf, United Arab Emirates, Persian Gulf states, Arabia, Arab League member states
The Emke Group, the largest chain of retail stores in the Gulf, has opened its first shopping outlet in Al Khobar in Saudi Arabia, with plans to invest Dh600 million in the next 12-months to expand its business. The retail group, which runs a chain of...
Tags: Emke Group, Yusuffali MA, Saudi Arabia, UAE, United Arab Emirates, Abu Dhabi, Khobar, Khalidiyah Mall, Carrefour, Lulu Hypermarket, Hypermarkets, Business Finance
The camel farmer plumps his cushions, shifts on to the other buttock and takes another sip of coffee. "Dubai is not Arab...He pauses and a cool breath of evening wind brings us a whiff of the desert – subtle and serious, reminding me of a foxed paperback.
Tags: Abu Dhabi, Liwa Hotel, United Arab Emirates, Rashad Ali Al-Mansouri, Arabia, Dubai, Mubarak bin London, UAE, Emirati, Etihad Airways, Al Ain, Liwa Oasis, Al Nahyan family, House of Al Nahyan, Persian Gulf, Emirates of the United Arab Emirates, Hospitality Recreation
A leading UAE economist called here Wednesday on GCC member countries to flood more money into banks and to reduce interest rates down to just one percent in order to wriggle out of the global financial quagmire. Jomaa al-Majid, who is currently visiting...
Tags: Kuwait, UAE, Jalīb aš-Šuyūẖ, Sabah Al-Ahmad Al-Jaber Al-Sabah, Ahmad Al-Jaber Al-Sabah, Invasion of Kuwait, Foreign relations of Kuwait, Business Finance, House of Al-Sabah, Jaber Al-Ahmad Al-Jaber Al-Sabah
The UAE's economy, which was expected to contract this year, starts showing positive signs and top government officials forecast that the growth rate will be between 1.3 and 1.5 per cent by the end of this year. The UAE's economy will grow 1.5 per cent...
Tags: UAE, United Arab Emirates, Dubai, Western Asia, Gamal Abdel Nasser, Nasser Hassan Al-Shaikh, Emirates of the United Arab Emirates, Persian Gulf, Business Finance
Tuesday, adding that the body will look to dual fuel, gas or coal to generate its power. – Reuters Your feedback is important to us! We invite all our readers to share with us their views and comments about this article.