Economic Crisis News In Gulf From New Gulf Daily

We are always behind dubai world - From news.google.com - 17 hrs 11 mts ago border=1

India Talkies We are always behind Dubai World - Sheikh AhmedArabianBusiness.comSheikh Ahmed Bin Saeed Al Maktoum, a member of the Board of the Dubai Council for Economic Affairs said “we are always behind Dubai World, according to a ...Ruler of Dubai visits India for high-level talksNationalRuler of Dubai meets Indian Prime MinisterSahilOnlineDubai ruler meets PMGulf TimesKhaleej Times -WAM - Emirates News Agency -Sifyall 83 news articles »

Economic resilience impresses mohammed - From article.wn.com - 17 hrs 11 mts ago NEW DELHI The UAE has expressed a desire to study Indias successful economic growth story, believing that the strategy involved has transformed the billion-plus population nation from being mere bit players into becoming role models for global financial giants. Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. who visited India on Thursday, expressed his strong admiration for Indias rapid economic progress, and said that world has to look at India carefully, to at least make themselves familiar with the countrys art of managing the economy so adroitly even during a...

Gates: gulf allies understand iran sanctions next - From article.wn.com - 17 hrs 11 mts ago updated 3:56 p.m. ET March 11, 2010 ABU DHABI, United Arab Emirates - U.S. Defense Secretary Robert Gates said Thursday that Persian Gulf allies understand sanctions are the inevitable next step in dealing with the threat of a nuclear Iran. He predicted economic sanctions will work because of broad international consensus that Iran is out of bounds. I think everybody in the region is concerned, Gates said following two days of talks in Saudi Arabia and the United Arab Emirates. Iran was the constant topic.advertisement | Gates said leaders in both countries seemed reassured when he described the U.S.-backed plan to target Iranian leadership and the powerful military-industrial...

Uae to pass foreign ownership law this year, mansouri says - From news.google.com - 3 day 17 hrs 2 mts ago border=1

ArabianBusiness.com UAE to Pass Foreign Ownership Law This Year, Mansouri SaysBusinessWeekUnder the existing law, foreign companies must have UAE nationals as their sponsors and are limited to a maximum 49 percent ownership of businesses, ...UAE eyes foreign ownership law by year-endMaktoob BusinessUAE eyes foreign ownership law by year-end - econ minArabianBusiness.comMinister predicts economic growthNationalall 7 news articles »

Iran jails reformist journalist, frees five critics on bail - From article.wn.com - 3 day 23 hrs 16 mts ago By Agence France Presse (AFP) Tuesday, March 09, 2010 - Powered by TEHRAN: An Iranian appeals court handed a five-year jail term to a reformist journalist, an opposition website reported Monday, while another said authorities freed five other critics on hefty sureties. The journalist, Bahman Ahmadi Amoui, a prominent critic of President Mahmoud Ahmadinejad’s economic policies, was previously...

Saudi shares rise on global optimism - From www.khaleejtimes.com - 4 day 19 hrs 20 mts ago DUBAI - Saudi Arabian shares on Saturday rose, led by Saudi Basic Industries Corp, after smaller-than-expected US job losses boosted optimism for a global economic revival.

Work on gulf finance house edz begins (the hindu) - From us.rd.yahoo.com - 4 day 19 hrs 21 mts ago MUMBAI: The construction work on the $10-billion (around Rs. 45,500 crore) Gulf Finance House Economic Development Zone (GFH EDZ) formally commenced on Sunday with the Chief Minister of Maharashtra, Ashok Chavan, performing the ground-breaking ceremony.

Qatar building construction industry overview available through bharatbook - From news.google.com - 6 day 16 hrs 46 mts ago Qatar Building Construction Industry Overview available through BharatbookPRLog.Org (press release)Touting to record the highest economic growth in the World, Qatar has everything from a strong backing of robust fiscal reserves, a continued flow of ...and more »

Salesman on trial for bid  to bribe public officer - From www.khaleejtimes.com - 6 day 16 hrs 46 mts ago DUBAI - The Court of First Instance on Wednesday heard a case in which a salesman has been charged with offering a bribe of Dh65,000 to an inspector of the Department of Economic Development (DED).

Egypt to get $100 million loan for mega power plant - From www.khaleejtimes.com - 6 day 16 hrs 46 mts ago CAIRO - Egypt is set to secure a $100 million loan from the Kuwait Fund for Arab Economic Development, funding a 1300 megawatt power plant, as Egypt pushes to boost energy output, the state news agency MENA said on Friday.

Egypt plans to sell eurobonds totalling as much as $1.5 billion - From www.khaleejtimes.com - 6 day 16 hrs 46 mts ago CAIRO - Egypt plans to tap international markets for its first Eurobond issuance since 2007, and wont slash its budget deficit next year until economic growth gains momentum, Finance Minister Youssef Boutros-Ghali said.

S. korea keen to strengthen ties with uae - From news.google.com - 6 day 20 hrs 41 mts ago border=1

TopNews Arab Emirates S. Korea keen to strengthen ties with UAETopNews Arab EmiratesSouth Korea is keen to enhance co-operation with the United Arab Emirates (UAE) across all economic sectors, especially in energy and information sector for ...Korea and UAE Discuss Ways to Enhance Bilateral CooperationArirang NewsS. Korea, UAE discuss strengthening economic cooperationYonhap NewsS. Korea hold talks on enhancing economic cooperation with UAEistockAnalyst.com (press release)all 4 news articles »

Middle east oil demand to outpace world - From article.wn.com - 7 day 1 hrs 24 mts ago Top crude exporting countries continue to spend petrodollars to boost economies Saturday, March 06, 2010 - Powered by Luke Pachymuthu and Jennifer Tan Reuters DUBAI/SINGAPORE: Middle East oil demand could grow by nearly 5 percent in 2010, outpacing a modest recovery in global energy demand as the world’s top oil exporting governments continue spending petrodollars to boost economies, analysts said. Oil export income has fueled expansion in the region, and given governments the cash to spend their way through the global economic downturn. Cheap subsidized fuel has encouraged rapid energy-consumption growth that some regional governments have struggled to meet. OPEC’s top two...

S. korea hold talks on enhancing economic cooperation with uae - From news.google.com - 7 day 18 hrs 38 mts ago border=1

The Chosun Ilbo S. Korea hold talks on enhancing economic cooperation with UAEistockAnalyst.com (press release)5, 2010 (Xinhua News Agency) -- South Korea held a meeting with the United Arab Emirates (UAE) on ways to enhance bilateral economic cooperation, ...S. Korea, UAE discuss strengthening economic cooperationYonhap Newsall 1,013 news articles »

In shadow of capitalist crisis, kerala foresees tough times (the economic times) - From us.rd.yahoo.com - 7 day 18 hrs 56 mts ago THIRUVANANTHAPURAM: For a state with over 2.5 million of its people in the Gulf countries alone, Kerala’s prospects are understandably linked more closely to the global economy than most other states in the country.

Egypt overturns death sentence in stars murder - From news.google.com - 7 day 22 hrs 28 mts ago border=1

Times Online Egypt Overturns Death Sentence in Stars MurderNew York TimesNow, faced with an economic crisis and the high-profile assassination of a Hamas operative in Dubai, those dynamics have begun to shift again, ...Suzanne Tamim murder convictions overturned by courtBBC NewsEgypt throws out death sentence for tycoon trialThe Associated PressEgypt court orders retrial in diva murder caseAFPSky News -Reutersall 274 news articles »

Uae deflation eases in january as property rental prices edge up - From article.wn.com - 7 day 22 hrs 29 mts ago Friday, March 05, 2010 - Powered by Tamara Walid and Martin Dokoupil Reuters DUBAI: Deflation in the UAE eased slightly in January as property rental prices picked up, while food prices in the Gulf Arab oil producer were broadly stable, data showed Thursday. The global economic downturn slashed consumer price growth across the world’s largest oil exporting region from 2008 record peaks with some states such as the UAE and Qatar falling into deflation last year. Consumer prices in the UAE fell 0.32 percent on an annual...

S. korea, uae discuss strengthening economic cooperation - From news.google.com - 7 day 22 hrs 29 mts ago S. Korea, UAE discuss strengthening economic cooperationYonhap NewsThe discussion took place during a meeting between South Korean Knowledge Economy Minister Choi Kyung-hwan and UAE Minister for Foreign Trade Lubna Al ...and more »

Emiratisation gets a boost at uds first career fair - From www.khaleejtimes.com - 8 day 23 hrs 27 mts ago DUBAI -Hundreds of Emirati and non-Emirati students tried their luck at the University of Dubais (UD) first Career Fair, which concluded on Wednesday, setting the ball rolling for fresh  recruitment as Dubai recovers from economic crisis.

Dubai economy poised for rebound - From www.khaleejtimes.com - 8 day 23 hrs 27 mts ago DUBAI - Dubai is set for an economic revival as a projected rise in crude oil prices will give a much-needed fillip to government spending, generating further opportunities for businesses and investors alike, a top official of Dubai Chamber of Commerce and Industry said on Wednesday.

Gcc investor confidence hits three - From www.khaleejtimes.com - 8 day 23 hrs 27 mts ago DUBAI - The Gulf investor confidence slipped in February to its lowest level in three months, but investors expect economic conditions in the region to improve within the next six months, a study released on Wednesday shows.

Uae mobile rates lowest among arab countries - From www.khaleejtimes.com - 8 day 23 hrs 27 mts ago ABU DHABI - Mobile rates in the UAE are the lowest among 22 Arab countries for customers in all the user categories, but higher than the prices being paid by the customers in middle and high usage categories in the OECD (Organisation for Economic Co-operation and Development) countries, the UAE Telecommunications Regulatory Authority  (TRA) said.

Bringing cities to life on screen - From news.google.com - 8 day 23 hrs 28 mts ago border=1

ArabianBusiness.com Bringing cities to life on screenArabianBusiness.comSaudi Arabias Knowledge Economic City was brought to life in Dubai by Real Image Productions in a massive undertaking that included more than 300 people on ...

Mideast women win more rights, hurdles remain - From www.khaleejtimes.com - 8 day 23 hrs 28 mts ago CAIRO - Women in the Middle East have broken down some educational barriers, secured a bigger economic role and won other rights in the past five years but still suffer great inequalities, a study showed.

42 million date palms planted in uae - From article.wn.com - 9 day 14 hrs 28 mts ago His Highness Shaikh Khalifa Bin Zayed Al Nahayan, there are continual efforts to increase UAE date palm productivity in order to make better use of the date palm industry and to produce an agricultural leap that will change the face of the UAE desert. Indeed, the Fourth International Date Palm Conference illustrates the special attention and priority given by Shaikh Khalifa to this important economic sector. The present conference is the fourth one in a series of international conferences organized by UAE during the last 11 years (March 08 -10, 1998, March 25 - 27, 2001, and 19 - 21 February 2006). Date palm scientists, experts, and senior...

Sales outlook, green cars in focus at geneva auto show - From article.wn.com - 9 day 22 hrs 54 mts ago Economic uncertainties make trend forecasts difficult Wednesday, March 03, 2010 - Powered by Helen Massy-Beresford Reuters GENEVA: Carmakers will be keen to show off new green technologies at the Geneva Auto Show, opening this week, as economic uncertainties and waning scrapping schemes make forecasting sales trends difficult. Automakers hurt by the crisis have been supported by government incentive schemes to boost sales, but as bonuses dwindle and the underlying recovery remains far from certain, they will focus on the green cars they believe are the future. Executives’ comments on the outlook for the rest of the year, in Europe as well as in faster-growing regions like the...

Dubai debt woes dent banks profits - From news.google.com - 11 day 37 mts ago Dubai debt woes dent banks profitsFinancial TimesThe extent of Dubais economic woes were underlined yesterday when HSBC Middle East reported that its profits slumped last year, ...and more »

Global factories enjoy bumper february - From article.wn.com - 11 day 37 mts ago Tuesday, March 02, 2010 - Powered by Jonathan Cable and Langi Chiang Reuters LONDON/BEIJING: Factories around the world enjoyed a bumper February with business surveys showing the manufacturing sector in major economies continued to lead an economic recovery, despite a slowdown in some growth rates. Factory activity expanded across Asia last month, although powerhouse China showed some signs of weakening, while in Europe growth rates hit 30-month highs despite contraction in laggards Spain and Greece. Data due later on Monday from the United States (1500 GMT) is expected to show the index there dipped to a still robust 57.5 from January’s...

Eu tells greece to take more steps to cut deficit as markets improve - From article.wn.com - 11 day 37 mts ago Rehn: ‘I’m sure that together we shall overcome these challenges’ Tuesday, March 02, 2010 - Powered by Ingrid Melander and Lefteris Papadimas Reuters ATHENS: The European Union urged Greece on Monday to announce new austerity measures within days to tackle a debt crisis that has shaken the euro zone and promised to help Athens overcome the problem. EU Economic and Monetary Affairs Commissioner Olli Rehn made the call after a first round of talks with Greek officials amid growing market expectations of a trade-off between new deficit cutting steps and practical EU support for Greek borrowing. “I’m sure that together we shall overcome these formidable economic and fiscal...

Indian leader seeks cooperation in saudi visit - From www.khaleejtimes.com - 11 day 19 hrs 1 mts ago RIYADH - Prime Minister Manmohan Singh began the first visit to Saudi Arabia by an Indian leader since 1982 seeking to build economic ties and to enlist the kingdoms help in improving regional security.

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