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Khaleej Times

U.S. gasoline prices hold at $2.85/gallon

1 hour ago
The average price for a gallon of gasoline did not change from levels reached about two weeks ago, capping the end of a five-week rise in gas prices, according to an industry analyst. The volcanic eruption in Iceland sent crude oil prices tumbling as global travel to and from Europe was halted

Kuwait Times
Kuwait Times

Oman''s economic forum to discuss 5-year plan

1 hour ago
Iktissad Wal-Aamal Group and The Ministry of Trade and Industry in cooperation with the Capital Market Authority and the Oman Chamber of Commerce and Industry. The Forum will focus on all aspects of Oman''s economic vision and the topics up for discussion include the government''s five-year

Peninsula Qatar

Goldman e-mails show how crash turned into cash

4 hours ago
For Tourre, the investments were like an invention gone awry: He had started arranging them when the market was on the upswing. But he continued selling them after the market turned — now with Goldman betting against them, in one case allegedly misleading investors about a deal’s origin. Goldman

Khaleej Times

Aviation industry picks up

10 hours ago
This year s show is better than the last as it witnesses a six per cent growth in terms of exhibitors, but there was a slowdown in 2009 compared to 2008. So there is a slight indication of picking up of business and I think 2011 and beyond will be much better for the industry, said Ara Fernezian

Peninsula Qatar

US Airways’ exit could aid Continental Air

4 hours ago
That works to Continental’s advantage. The sense of urgency has been lifted from Continental’s perspective,” Stifel Nicolaus analyst Hunter Keay said. “They clearly have more leverage than they did (earlier).” Continental and United restarted merger talks last week, just a week after news broke of

Khaleej Times

Emaar Profit lifts DFM; Energy shares boost ADX

9 hours ago
Dubai Islamic Bank PJSC advanced the most in two weeks. The DFM General Index increased 0.8 per cent to 1,769.34 points, the highest since April 18. “Emaar’s earnings beat expectations and the stock is looking very cheap and attractive,” said Haissam Arabi, chief executive officer of Gulfmena

Peninsula Qatar

Austria to receive Russian gas

4 hours ago
Supplies will be increased till two billion cubic metres. These are stable and reliable supplies that will play a good role for stepping up energy security of Europe,” the Russian premier said

Khaleej Times

Etihad cargo service to Erbil

9 hours ago
Flights commenced on March 26 and will operate every Tuesday and Saturday, a release received here from Etihad said on Sunday. Cargo flights to Erbil are Etihad’s second cargo service to Iraq, following a twice weekly service to Baghdad which commenced on September 11, 2009. “Our service to

Khaleej Times

Kotak Securities establishes subsidiary in DIFC

10 hours ago
BUSINESS Kotak Securities establishes subsidiary in DIFC 26 April 2010 DUBAI — Kotak Mahindra Financial Services Limited, a part of the Kotak Mahindra Group, one of India’s leading financial conglomerates, formally announced the launch of its DIFC operations, reaffirming the Group’s commitment to

Gulf Daily News

Al Rajhi unit launches fund

25-4-2010
There are three funds in the Capital Protected Funds family providing varying levels of capital protection from 90 to 95 per cent and exposure to local, regional and international markets so as to offer investors greater choice in their overall asset allocation. The Funds include the Al Rajhi

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