UAE enjoys high degree of safety and stability Khaleej Times Shaikh Nahyan bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research said the United Arab Emirates enjoys a high degree of safety and stability. | "The economy continues to grow at a steady and rapid rate. We are a major center of global commerce, focusing on international trade...
Bahrain bank to restructure $110m debt Gulf News | Gulf Finance House EC, a Bahraini investment bank implementing a recapitalisation plan, said it has obtained approval from sukuk holders to restructure $110 million (Dh404 million) of debt. Holders of the Islamic bonds agreed to extend the maturity...
Agents fear cancellation of Lebanon travel plans Gulf News | Dubai: Following Saturday’s Lebanon travel warning issued by the UAE, Qatar and Bahrain owing to political clashes, travel agents in the UAE are anticipating a drop in tourist demand for Lebanon this summer. | “The current situati...
Iran finds first Caspian Sea oil Gulf News | Dubai: Iran has discovered oil in its Caspian Sea waters for the first time in more than a century, the state-run Fars news agency reported. | The deposit was found at a depth of 2.5km during drilling on a natural-gas field and may contain 10 billi...
Jordan approves austerity moves to reduce deficit Gulf News | Amman: The Jordanian cabinet approved an austerity package that includes plans to raise taxes on banks and mining firms but avoids controversial fuel and electricity price rises to hold down the rise in the budget deficit, officials said yesterday....
Resolving the Afghan War at a Michigan Avenue hotel Chicago Business What do you think? | (Note: Your first name and last initial will appear with your remarks.) Recent Entries | Resolving the Afghan War at a Michigan Avenue hotel They're showing off Chicago, from Millennium Park to Englewood Forget protesters - what ...
Afghanistan's Squandered Foreign Aid Has Young Businessmen Worried About Future Huffington Post An elderly Afghan man passes by a postcard shop in Kabul, in May. Many young entrepreneurs in the country say they have less than two years -- until 2014 -- to get rich, before it's too late. | KABUL, Afghanistan -- About three years ago, Abdul Fatta...
OPEC Sees Sanctions Taking Toll on Iran Oil Production The New York Times | Iranian oil production, “the backbone of the Islamic republic’s economy,” fell by 12 percent in the first three months of the year and “is likely to fall even more, industry experts say, as sanctions make it increasingly hard fo...
Kerala Tourism to hold first-ever road show in Saudi Arabia Newstrack India | Thiruvananthapuram, May 4 (IANS) Kerala Tourism is holding its first-ever road show in Saudi Arabia from Sunday in a bid to attract more tourists from the Gulf kingdom to the state, an official statement said Friday. | "Saudi Arabia is the biggest market for outbound tourists in the Gulf region. We want to invite travellers from Saudi Arabi...
NATO chief sees financial aid for Afghan forces Austin American Statesman | WASHINGTON — NATO's secretary general says he's optimistic that the international community will continue to finance the Afghan security forces. | Anders Fogh Rasmussen (AHN'-derz fohg RAHS'-moo-sihn) tells CNN that supporting the Afghan forces is less expensive than deploying NATO troops. Fogh Rasmussen says that the international communit...
