Worries heighten on euro zone's ability to solve its debt crisis after French election (read the story…) – BUSINESS
Starwood Hotels & Resorts Worldwide, Inc. is strengthening its position as the leading hotel operator in the Middle East and North Africa region with an existing portfolio of nearly 70 hotels and a pipeline of 40 new hotels. (read the story…) – BUSINESS
(MENAFN – Khaleej Times) Abu Dhabi has picked a consortium of construction firms comprising CCC, TAV and Arabtec, as a preferred bidder to build its multi-billion dollar Midfield Terminal Building, … (read the story…) – BUSINESS
Dubai, May 6 (Xinhua-ANI): Oil prices retreated over 4.5 percent in the last four weeks, but the decrease does not change the perspective of the United Arab Emirates' (UAE) economic growth of 2.6 percent in 2012, an expert with the National Bank of Abu Dhabi (NBAD) said Sunday. (read the story…) – BUSINESS
Dubai is a glittering cosmopolitan oasis, but until recently the city was as familiar with camels and dhows as it is now with Ferraris and indoor ski slopes. The editors of Foreign Policy present amazing photographs of Dubai during the 1960s and 1970s, a time before the oil boom. (read the story…) – BUSINESS
Abu Dhabi delegation honored by the Arab-American Business and Professional Association (ABPA), the International Trade Association of Greater Chicago (ITAGC), and the U.S.-U.A.E. Business Council luncheon showcasing investment and partnership opportunities in the emirate.Chicago, IL (PRWEB) May 04, 2012 The Arab-American Business and Professional Association (ABPA), the International Trade … (read the story…) –...
The indebted shipbuilding arm of Dubai World, the conglomerate that triggered Dubai's debt crisis four years ago, signed a deal to develop undersea hotels with a Swiss firm. (read the story…) – BUSINESS
El-Tayeb Siddig HEGLIG, Sudan (Reuters) – Sudan said on Wednesday the Heglig oilfield, scene of intense fighting with South Sudan last month, has been repaired and has started pumping the oil that is the lifeblood of the north's economy. The two countries have been embroiled in weeks of fighting along their 1,800 km (1,200...
Creates of 'The World' islands in Dubai unveil plan to build futuristic underwater hotel. (read the story…) – BUSINESS
DUBAI (Reuters) – Egypt needs to do more to secure a $3.2 billion loan from the International Monetary Fund, including gathering broad political support and identifying other sources to finance its funding gap of up to $12 billion, an IMF official said on Wednesday. Masood Ahmed, IMF director for the Middle East, told Reuters...
