Apr 172012
Thanks to the world's thirst for oil, the few kilometres separating Abu Dhabi from some 600 oil rigs pumping the black stuff from the rock below the shallow waters of the Gulf have become one of the busiest airways Read more [...]
IN FOCUS: Why the Gulf is willing to make a trade off with its expat professionals
Lifestyle
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Apr 172012
It is a bargain that increasing numbers of expats are happy to accept. In all but the most conservative countries, governments have been prepared to embrace or at least turn a blind eye to "Western" values - from drinking beer to bikinis on Read more [...]
Apr 162012
I have been struggling since December 15, 2011.I have been struggling since December 15, 2011. I went shopping with one of my colleagues that day. We purchased some electronics. Some 20 minutes after payment, the cashier claimed Read more [...]
Dubai bourse declines by 0.46%
News
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Apr 152012
Dubai Last week the Dubai Financial Market General Index (DFMGI) declined by 7.76 or 0.46 per cent to close at 1,678.74. Volume declined to the lowest level of the past ten weeks, while market breadth was leaning bearish with 11 advancing issues and 20 declining.
From Read more [...]
Apr 152012
Saudi Arabia (SABIC)’s shares headed for
the lowest close in almost six weeks on investor concern that
oil prices may retreat amid signs the global economic recovery
is slowing.
Saudi Kayan Petrochemical Co. (KAYAN), the company 35 percent owned
by Saudi Basic Industries Corp., slumped 5.9 percent after its
first-quarter loss widened. Saudi Arabian Read more [...]
AP Photo/Kamran Jebreili
Money
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Apr 142012
ABU DHABI, United Arab Emirates—The electric cars quite literally drive themselves in Masdar City, a carbon-neutral village designed to show off the United Arab Emirates’ commitment to renewable energy. The “personal rapid transit” vehicles have glass doors that slide back with a quiet Read more [...]
Powering Down
Motoring
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Apr 142012
ABU DHABI, United Arab Emirates—The electric cars quite literally drive themselves in Masdar City, a carbon-neutral village designed to show off the United Arab Emirates’ commitment to renewable energy. The “personal rapid transit” vehicles have glass doors that slide back with Read more [...]
Possibility of showers in western region
Whether
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Apr 132012
Al Ain: Weekend weather will remain cloudy, with a chance of rain on Saturday in the western and coastal areas of the UAE, according to the national weather bureau.
The amount of clouds is likely to increase in coastal and western areas Read more [...]
Etisalat launches Abu Dhabi public telepresence
Business
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Apr 132012
Abu Dhabi: Etislat's Public Telepresence Suite was opened in Abu Dhabi at the Beach Rotana Hotel, its second after the one that was opened in the Dubai World Trade Centre (DWTC) in 2010.
Abdullah Al Ahmad, Senior Vice President for Business, told Gulf News Read more [...]
Apr 132012
Dubai Group LLC, an investment
company owned by the emirate’s ruler, proposed to creditors that
it extend its debt 12 years at an interest rate of 1 percent,
Reuters reported, citing people it didn’t identify.
The company sent the proposal to lenders this week and will
present it to Read more [...]
Apr 132012
Al Ain: Weekend weather will remain cloudy, with a chance of rain on Saturday in the western and coastal areas of the UAE, according to the national weather bureau.
The amount of clouds is likely to increase in coastal and western areas Read more [...]
SinoGulf counts on Grade A credentials
Property
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Apr 132012
Dubai: Tapping tenant interest for a brand new commercial high-rise in what is still essentially a soft market can seem like a tall order. Prospective tenants would try to stretch the negotiations as much as possible to see Read more [...]
Possibility of showers in the UAE
Whether
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Apr 132012
Al Ain: Weekend weather will remain cloudy, with a chance of rain on Saturday in the western and coastal areas of the UAE, according to the national weather bureau.
The amount of clouds is likely to increase in coastal and western areas Read more [...]
In the footsteps of Mubarak bin London
Lifestyle
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Apr 132012
Click to view caption
The British explorer Wilfred Thesiger, locally known as "Sheikh Mubarak bin London", with companions Salim bin Ghabaisha (right) and Salama bin Kabina (left) in Abu Dhabi in 1948
The British explorer Wilfred Thesiger, locally known as "Sheikh Mubarak bin London", with companions Salim bin Ghabaisha (right) and Salama bin Kabina (left) in Read more [...]
Apr 122012
Dubai shares rose to the highest in
a week after Arabtec Holding Co. (ARTC) nominated to its board four
executives of the Abu Dhabi company that raised its stake in the
Dubai builder.
Arabtec, the United Arab Emirates’ biggest construction
company, rose for the third time in four days. Dubai Islamic
Bank Read more [...]