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UAE''s growth to be slow says top bank
43 minutes agoAnalysts polled by Reuters last month predicted UAE growth would be 2.5 per cent this year - the slowest pace in the Gulf. But the world''s third largest oil exporter would still improve from an estimated contraction of 1.4pc last year. "I expect the UAE to grow in 2010, but I think the rate of
Khaleej Times
Gulf Daily News
Zain denies new bids for assets
2 hours agoShares of the largest listed firm in Kuwait rose by more than 10 per cent in the past two days over the reports, and its market capitalisation gained about $1.6 billion to $14.6bn. Zain entered the African market in 2005 by buying the Dutch Celtel operations for $3.5bn. Later, it made bold
Peninsula Qatar
Peninsula Qatar
New EU Commission team to get green light, finally
3 hours agoThe EU parliament, very impressed by Bulgaria''s replacement candidate, World Bank vice president Kristalina Georgieva, is ready to approve the 26-member policy team in its entirety, allowing ''Barroso II'' to begin working next week. To reach this stage each would-be commissioner, picked by the
Peninsula Qatar
Peninsula Qatar
Toyota issues global Prius recall
21 minutes agoThe recall follows complaints from Toyota owners in the US and Japan about a delay under some condition when the brakes in the Prius are pressed. Toyota officials had earlier informed Japan''s transport ministry about the Prius recall, with grim-faced company bosses bowing before ranks of
English MSN Arabia
English MSN Arabia
Stiglitz urges Britain to continue stimulus
2 hours agoHowever, the anaemic growth rate disappointed many economists because market expectations had been for stronger expansion of 0.4 percent. Removing emergency measures introduced to combat the downturn made slipping back into recession more likely, Stiglitz warned. "It there is a premature
Peninsula Qatar
Peninsula Qatar
Al Yusr opens Rayyan branch
9 hours agoChairman of the Board of IBQ and Group CEO of NBK, and other members of the Board. The new branch, located on Al Shafi Street in Al Rayyan, will offer the full range of Islamic banking services available. These include current, savings and term deposit accounts, consumer and personal finance
Dubai offered an alternative vision of the future
9 hours agoOn November 25 last year, the government called for a delay in repaying $26bn owed by Dubai World, a state-owned conglomerate. The outward response, driven by officials and some local media, has been to blame the foreign press for exaggerating the emirate’s downfall in an alleged orgy of prejudice
Peninsula Qatar
Cityscape Dubai Renamed as Cityscape Global
8 hours agoCityscape Global, which is due at the Dubai World Trade Centre in October, is expected to attract more international developers, architects and professionals, Marwaha said. He said Cityscape Dubai has a substantially larger proportion of international participants than any other Cityscape event in
Peninsula Qatar
Return Ticket Home Rests with Employer
9 hours agoJamil Jassim, Director of Guidance Department, clarified that the workers can get their full entitlements, plus air tickets, if the employer terminates the work relationship and not vice verse. Some 33 complaints were handled during the open day, of which one request was by 19 workers at a
The National AE
Etisalat Unifies Roaming Rates for International Destinations, Makes Travelling Simpler
8 hours agoThis enhanced service means that Etisalat’s customers can benefit from unified rates when sending any SMS or receiving voice/video calls from anywhere; or making voice/ video calls to local and UAE destinations, while abroad. They will enjoy unified call rates across specific international zones
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