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UAE is at the forefront of member states committed to implementing decisions of the Supreme Economic Council, or SEC, between 2006 and 2008, a report said on Wednesday. UAE�s regular participation in this forum marks its commitment to promoting economic...
Central Bank Governor Sultan bin Nasser Al Suwaidi said the UAE, which has its dirham currency pegged to the US dollar, said it will wait for the US Federal Reserve before increasing local interest rates. “We are not prepared to raise the inter-est rate...
Tags: UAE
With events such as The Formula One Grand Prix on the docket, Abu Dhabi is rapidly emerging as a world-class tourism destination and is threatening to overtake Dubai as the top tourism hot spot in the UAE.The capital of the UAE has long taken a back seat...
Tags: Abu Dhabi, UAE, Dubai, art, tourism, tourists, destinations, development, Louvre, Ferrari, Guggenheim
Change and Reform bloc MP Nabil Nicolas said in a Wednesday interview on Al-Nour radio station that US Ambassador to Lebanon Michele Sisson “has no right to interfere in Lebanese affairs” and called on Foreign Minister Fawzi Salloukh to deal with Sisson’s...
Tags: Rebuild Lebanon, UAE, prime minister, Michele Sisson, Fouad Siniora
The Sudanese Boeing 707 plane went down in the desert on Wednesday, narrowly missing a golf course and a densely populated residential area. "A Sudanese cargo plane crashed 3km from the Sharjah airport shortly after takeoff and there were no survivors...
Tags: Sharjah Airport, plane crashes, Sharjah International Airport, cargo plane, UAE, Dubai, Khalid al-Qasimi, Khalid al-Qassimi, United Arab Emirates, Sudan
The offshore platform has increased the gas production capacity in the phases 6 to 8 of the gas field to 104 million cubic feet, Pars Oil & Gas Company said in a statement. Mohammad-Javad Shams, the manager of the the phases said that the launch of the...
Tags: Iran Mercantile Exchange, Islamic Republic of Iran, Iranian, UAE
The UAE economy is set to rebound with “greater confidence”, the prime minister said yesterday, a sentiment reflected in recent surveys of the business community. “Despite all the negative effects of the crisis, they have proven that our economy is solid...
Tags: businesses confidence, UAE, confidence index, GCC Business Confidence Continues
A recent report has revealed that nearly half [47 per cent] of the hotel rooms currently in the pipeline in the Middle Eastern and Northern African region are due to be built in the UAE. In the current climate, can the UAE hospitality market cope with...
Tags: UAE, hotel rooms
THE UAE’s bid to produce some world-class talent on the courts was given a shot in the arm after Tennis Emirates signed a co-operation deal with the Spanish Tennis Federation. The game in Spain is in rude health, with Rafael Nadal winning six Grand Slam...
Tags: Spanish Tennis Federation, Madrid Tennis Federation, UAE, Tennis Emirates
However, as reported by a spokersperson the Richmont Luxury Brand "there were sadly no inclusions of any major work by David Botha, Jan E. Volschenk or Helen Anne Petrie, which we would have gladly paid any price for due to their limited volume on the...
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