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  • UAEs-Etihad-buys-4-percent-stake-in-Virgin-Australia

    TO INDIA AND BEYOND: Eithad keen on opportunities in Asia

    Etihad Airways, Abu Dhabi's flag carrier which has expanded globally through stake purchases in firms like Air Berlin and Virgin Australia, will look to extend its geographical reach to India and other Asian markets.

    October 8, 2012 8:47
  • Iran Crude Oil Export

    Iran’s gasoline capacity to rise in November

    Gasoline production capacity at Iran's Shazand oil refinery is set to double to around 16 million litres per day in late 2012, making it the largest in the country, Iran's oil ministry news website reported on Sunday.

    October 7, 2012 5:59
  • BurganBank_Image

    Kuwait’s Burgan plans to buy 25 percent of Malta’s Fimbank

    Kuwait's Burgan Bank, which recently bought the Turkish arm of EFG Eurobank, is planning to buy a quarter stake in Malta-based trade finance specialist Fimbank, Burgan said in a statement on Sunday.

    October 7, 2012 5:57
 
 
  • IMF says Saudi economy 'buoyant'

    GCC states doing well for oil – IMF

    Lagarde was speaking at a news conference after meeting with senior officials of the Gulf Cooperation Council...

    October 6, 2012 8:47
  • Iranian Oil Minister Rostam Qasemi

    Iran sanctions affecting its people – UN Chief

    Russia and China have reluctantly supported all four rounds of U.N. sanctions against Iran over its nuclear program but worked hard to weaken the measures in negotiations on the Security Council resolutions before their adoption.

    October 6, 2012 8:44
  • business bay bridge dubai

    Dubai ruler approves canal extension

    After three bleak years when the government and state-linked property developers put projects on hold in the wake of Dubai's property market crash, a string of development plans is now moving ahead.

    October 6, 2012 8:41
 
 
  • Cyber Security in UAE

    Cyber attacks disrupt Internet in Iran – Official

    Iran maintains one of the world's largest Internet filters, blocking access to tens of thousands of websites on the grounds that they are criminal or immoral.

    October 3, 2012 5:49
  • financial planning

    UAE approves securities lending, short-selling regulations

    Some brokerages in the UAE have been forced to shut down as turnover on the Dubai Financal Market and the Abu Dhabi bourse slumped to seven-year lows in 2011.

    October 3, 2012 5:47
  • Dubai builders announce new projects

    Dubai builders dust shelved plans off

    Developer Nakheel, whose extravagant projects helped trigger Dubai's 2009 debt crisis and which has written off about $21 billion from its portfolio since the crash, pitched its third new project this year.

    October 3, 2012 4:28
 
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