Iran being pushed into recession
The Iranian government has started consolidating public spending to offset a fall in revenues.
December 11, 2012 9:20-
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A piece of Kingfisher for Etihad
Gulf carrier Etihad Airways is close to buying a 48 percent stake in debt-ridden Indian carrier Kingfisher Airlines for a little over…
December 11, 2012 8:56 -
First piece of the puzzle unveiled
MBR city is also expected to include 100 hotels and the world's biggest shopping mall.
December 9, 2012 5:32
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Egypt decree that sparked protests cancelled
Billed as a "national dialogue", the meeting was boycotted by his main rivals and had little credibility among protesters in the most populous Arab nation.
December 9, 2012 1:40 -
Morgan Stanley head of M&A leaves
Morgan Stanley Inc’s head of mergers and acquisitions for the Middle East and North Africa (MENA) is leaving the bank, three sources said, the…
December 9, 2012 1:22 -
Mobily back with selling pre-paid Sim Cards
Mobily had said last month the financial impact of the suspension would be "insignificant."
December 8, 2012 9:32
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“UAE needs to cultivate culture of failure for SMEs sector to thrive”
Decriminalising bankruptcy is the first step to creating a healthy culture of failure says Professor of Finance at SME roundtable.
December 6, 2012 4:58 -
YouTube UAE Research Fact Sheet
For the first time, Google releases a study measuring YouTube users in the UAE.
December 6, 2012 12:33 -
Ghafur named as MENA head for BOFA
Bank of America Merrill Lynch has hired Arshad Ghafur, previously with Nomura Holdings , as the country executive for its Middle East and North Africa unit, the…
December 6, 2012 11:02
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New Net rules would hit digital economy
Inter-governmental regulation of the internet could deter investment, raise costs for consumers and hinder online access, a U.S. diplomat said….
December 5, 2012 10:57 -
Etihad wants Air Berlin’s frequent flyer programme
Gulf carrier Etihad Airways intends to take control of Air Berlin’s frequent flyer loyalty programme Topbonus Ltd, according to a filing placed with competition…
December 5, 2012 4:50 -
Emir of Qatar finally gives the green light
The law provides for an umbrella body to regulate banks, financial services and insurance companies and the country's bourse as well as banking, financial and insurance companies licensed by the Qatar Financial Center.
December 5, 2012 4:48
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Qatar Air interested in another airline
Korean Air and Qatar Airways have expressed interest in the privatisation of Czech Airlines (CSA), two sources familiar with the government’s sale process said…
December 5, 2012 3:25 -
Egypt slips in corruption despite Arab Spring
Egypt has slid in a global league table of perceived official corruption in the past year, and the "Arab Spring" revolutions have yet to produce serious anti-graft action across the region, Transparency International said on Wednesday
December 5, 2012 12:04 -
Not-so-sweet November rain? UAE business activity at a 3 month low this November.
Growth in the United Arab Emirates' non-oil private sector eased to a three-month low in November as the surge in new orders lost a little steam according to a survey.
December 5, 2012 12:02
