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    VAT . . . a Good Thing?

    The tax-free environment in the GCC is set to change, VAT will help GCC economies experience diversified growth, says Mas Meghji

    May 17, 2012 3:18

    Blood on the floor as market hunts WTI Longs

    For months, prominent oil analysts have been sharply divided about whether the reversal of the Seaway pipeline from Cushing in the U.S. midcontinent to Houston on the Gulf Coast would be enough to cure the glut of crude which has built up in the central United States, pushing U.S. crude futures to a record discount against the international marker Brent.

    May 17, 2012 1:25

    UAE’s aerospace dream blooms in the desert

    "Our objective is within a decade to be a global leader in composite airframes and a leader in wings and empennage (tail sections)," said Mubadala Aerospace executive director Homaid Al Shemmari.

    May 17, 2012 12:47