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OPEC to maintain output quota
6 hours agoThe Organization of Petroleum Exporting Countries, whose member countries together pump about 40 percent of the world''s crude oil, will likely keep its official quota at 24.84 million barrels a day when it meets on Wednesday. At the next OPEC meeting, changes in policy will not be necessary,"
Khaleej Times
Peninsula Qatar
Airbus Targets Mideast for Large Corporate Jets
17 hours agoRising exponentially, this figure could touch 150 aircraft over eight years accounting for nearly 30 per cent of the potential market. The UAE comes a close second with a projection of over 20 per cent of the potential in this time span. Like the rest of the world, the Middle East market is driven
Khaleej Times
Pakistan Remittances Rise 17.65 Per Cent
17 hours agoFebruary) of the current fiscal year 2009-10, showing an increase of $868.26 million or 17.65 per cent over the same period of the last fiscal year. The amount of $5.78 billion includes $1 million received through encashment and profit earned on Foreign Exchange Bearer Certificates (FEBCs) and
UAE to respect any UN sanctions on Iran
11 hours agoBut he nevertheless said he hoped the international community will solve its row with Iran "through diplomatic means... before reaching this phase" of imposing fresh sanctions on Tehran. His remarks come days only after a visit to Abu Dhabi by US Defence Secretary Robert Gates who said Saudi
Khaleej Times
Khaleej Times
Dohaland focuses on ‘developing together’ at Qatar Career Fair
10 hours agoDohaland’s participation in this year’s Qatar Career Fair 2010 (QCF) will focus on harnessing the passion of young Qatari nationals and spurring them to grow and develop their potential while relishing the challenges of today’s work environment. Qatar Career Fair is held under the patronage of
Peninsula Qatar
Peninsula Qatar
Kuwait''s Investment Dar Files for Legal Protection
24 minutes agoThe company, which has debts of over three billion dollars, said the move aims at pushing through a debt restructuring plan that is backed by more than 80 percent of creditors but is opposed by a minority. If the request is accepted by authorities, it will halt all legal actions against Kuwait''s
AME Info
Khaleej Times
Iranians switch to informal savings
10 hours agoObtaining loans from banks is becoming more difficult, forcing people to make their own arrangements. About 30 drivers in a taxi agency in Tehran have shares in sandogh, or fund, number 3. Each share costs $2 per day; every month four members of the fund receive loans of $600 each. All member are
Saudi Gazette
Emirates NBD Launches Fixed Income Fund
17 hours agoThis is an open-ended US dollar denominated fund, which aims to achieve a high level of income as well as capital growth, through investing in a portfolio of fixed-income instruments, predominantly from issuers in the MENA region. Key features of the fund include access to a diversified portfolio
Khaleej Times
Du offers savings on international calls across fixed and mobile
4 hours agoDu is today offering its business customers across the UAE better value, convenience and increased flexibility than ever before through its new Business "Premier-Call Select DUO" plan, offering significant calling benefits across fixed and mobile calls
Khaleej Times
East Africa new frontier for oil exploration
10 hours agoArbouille, an African specialist with IHS Global Insight said at the CeraWeek energy conference here. While the Atlantic coast of Africa — most notably Nigeria and Angola — has long been exploited by western oil companies, it took decades for the industry to turn its sights to the east. Things
Peninsula Qatar
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