Gulf states' oil wealth begins to percolate into wider region Gulf News | Dubai: Rising oil prices are benefiting non-oil-exporting countries in the Middle East and North Africa (Mena) region because oil exporters, particularly the GCC countries, are directing an increasing share of their foreign investments to the region, according to IMF's regional outlook. | A signif...
Gulf states' oil wealth begins to percolate into wider region Gulf News | Dubai: Rising oil prices are benefiting non-oil-exporting countries in the Middle East and North Africa (Mena) region because oil exporters, particularly the GCC countries, are directing an increasing share of their foreign investments to the regio...
Abu Dhabi to invest $25b in gas facilities Gulf News | Abu Dhabi: State-controlled Abu Dhabi Gas Industries (Gasco) said on Monday it is investing about $25 billion in gas-processing plants and pipelines as it develops more fields to meet surging demand. | "Two major gas-processing plants and around 10...
UAE Oil Min: OPEC Has No Plans for Emergency Meeting So Far Rig Zone The Organization of Petroleum Exporting Countries has no plans to meet to address record high oil prices ahead of its next scheduled gathering in September, the U.A.E.'s oil minister said Monday. | "There's no indication of any emergency meeting so f...
Nuclear-reactor plans fuel fears Seattle Times | VIENNA, Austria - At least 40 developing countries from the Persian Gulf region to Latin America have recently approached U.N. officials to signal interest in starting nuclear-power programs, a trend that concerned proliferation experts say could p...
World's largest Islamic reinsurance company set up in Dubai Insurance Newsnet ABU DHABI, May 11, 2008 (Xinhua via COMTEX News Network) -- Dubai Group, the financial services unit of the government-owned investment company Dubai Holding, has launched the world's largest Islamic reinsurance company with a paid-up capital of one ...
Kingdom May Start Growing Rice in Thailand Arab News | Summer Said, Reuters | DUBAI, 10 May 2008 — Saudi Arabia, one of the world's top rice buyers, is likely to start investing in rice farms in Thailand by the end of 2008 in a move to boost security of food supply, industry sources and traders said ye...
(AP Photo/Thomas Kienzle)
Speed kills (the polar bears) The Boston Globe | MANY OF US remember the ubiquitous highway safety campaign of the 1970s: "Stay Alive - Drive 55." Today, driving the speed limit is crucial to another kind of survival: the plane...
Emal denies gas supply worries Gulf News | Abu Dhabi: Emirates Aluminum (Emal) on Wednesday denied reports suggesting it will face a shortage in energy supplies needed for the company to operate at full capacity. | Emal i...
Emal denies gas supply worries Gulf News | Abu Dhabi: Emirates Aluminum (Emal) on Wednesday denied reports suggesting it will face a shortage in energy supplies needed for the company to operate at full capacity. | Emal is constructing what is planned to be the world's largest aluminium sme...
Abu Dhabi aims to build first carbon-neutral city TravelVideo > | By NPR | May 07, 2008 | In Abu Dhabi, there's an area of nothing but wind-swept desert. But 10 years from now, if all goes according to plan, a city of 6 square kilometers housing 50,000 people will rise in the United Arab Emirates â€" and it wil...
Mideast investors still keen on Malaysia The Star | TO many foreign investors, Malaysians are just too preoccupied with politics. Almost two months after the general election, we are still not settled down. That's bad for business, of course. | But there's hope. Here's a piece of good news. Malaysia...
Emiratis turn out as Imams of mosques Gulf News | Abu Dhabi: The General Authority for Islamic Affairs and Endowments has started preparations for conducting interviews to select prospective citizens as Imams of mosques. | The Authority recently announced an Emiratisation plan of the clerics, who will lead daily prayers in mosques, deliver sermons and give religious edicts. | The chairman of the...
