IMF: MENA current account surplus to hit $140 billion
International Monetary Fund says region’s current account surplus will triple in 2010 as capital flow resumes and oil prices rise.
May 25, 2010 4:08-
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Gulf stocks plunge amid EU and Korea worries
Global markets selloff hits Gulf stocks as fears over Europe’s debt problems and growing tensions between North and South Korea take their toll.
May 25, 2010 4:01 -
One person’s junk can be another’s treasure
The Abu Dhabi Department of Economic Development is rightly cracking down on fake goods, but Kipp thinks confiscated goods should be put to use.
May 25, 2010 10:15
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UAE’s richest survive crisis best
Only a fifth of the UAE’s wealthiest individuals have felt any significant impact from the world downturn.
May 24, 2010 3:59 -
Arabtec expects Nakheel payout by July
Major Dubai builder Arabtec has revealed it expects some form of payment from Dubai World-owned developer by the end of June.
May 24, 2010 3:57 -
Saudi non-oil exports rise to SR10bn
Saudi Arabia's non-oil exports in February 2010 rose by 30 percent to SR10.05 billion, figures reveal.
May 24, 2010 3:54
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Abu Dhabi destroys more than 11,000 counterfeit goods
The UAE capital is planning a much campaign against counterfeit goods in the second half of the year.
May 24, 2010 3:49 -
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‘Social media is having a profound influence on Arab brands’
Yousef Tuqan Tuqan, chief executive of Flip Media, talks about iPads, movies, and putting communications skills to genuinely good use.
May 23, 2010 3:39
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Emirates now booking by mobile internet
Emirates Airlines customers now have the option of booking flights via mobile phone, reports Gulf News.
May 23, 2010 2:22 -
UAE to block mobile spam
Telecoms authority asks operators to provide subscribers with information on how to block incoming commercial texts.
May 23, 2010 2:18 -
Property deregistration begins in Dubai
After sending letters to hundreds of investors, Land Department begins to strip owners of their titles.
May 23, 2010 2:15
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Saudi economy forecast to grow 4 percent in 2010
Saudi Arabia is projected to record a four-percent growth this year on the back of government spending and higher oil production, says the Business Optimism Index (BOI).
May 23, 2010 2:11 -
Oil falls below $70 amid Europe growth fears
Friday afternoon saw oil prices dip below $70 per barrel as Europe's financial crisis continued to plague the markets.
May 22, 2010 3:34 -
KSA rules out BlackBerry ban
Saudi Arabia’s telecoms watchdog has ruled out banning the controversial messenger service, BlackBerry messenger.
May 22, 2010 3:14
