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Breaking News Tue, 19 Aug 2008
 View of Abu Dhabi (nn1)
(photo: GFDL File)
Abu Dhabi launches public programme on art
Gulf News
| Abu Dhabi: A new series of informal, cultural events is being launched in Abu Dhabi with the first taking on a Picasso theme. | Artscape Picasso will be held on Thursday, August 28, at the Cultural Foundation with free entry for all. | The evening will be packed with activities - for both English ...

(photo: WN / Guillaume Poulet-Mathis)
Dubai fund boss faces investigation-reports
The Guardian
By John Irish and Daliah Merzaban DUBAI, Aug 14 (Reuters) - Dubai mortgage lender Tamweel's former chief executive and head of investments are under investigation for alleged wrongdoing, their current Dubai employer said on Thursday. Tamweel shares fell almost 6 percent on Thursday after media repor...
Bahrain Air, Sama lel Tayaran sign pact
Bahrain Tribune
Bahrain Air signed a commercial agreement with Sama lel Tayaran. The agreement was penned by Ibrahim AlHamer, airline managing director, and Andrew Cowen, managing director of Sama lel Tayaran. "The agreement is a step forward to facilitate passenger...
Abu Dhabi launches public programme on art
Gulf News
| Abu Dhabi: A new series of informal, cultural events is being launched in Abu Dhabi with the first taking on a Picasso theme. | Artscape Picasso will be held on Thursday, August 28, at the Cultural Foundation with free entry for all. | The evening ...
BMI eyes global expansion
Bahrain Tribune
To add 3m customers to portfolio, tap North Africa, Levant markets  | Mahmood Rafique | Business Correspondent | Bahrain-based BankMuscat International (BMI) unveiled its ambitious expansion plans and announced that the bank is all set to add three m...
Nuclear renaissance
Gulf News
| A nuclear renaissance. When I recently read that term, I was amused, because I never quite associated nuclear technology with a renaissance. | The nuclear industry is now into its sixth decade, and on the global front, US presidential candidate Joh...
 Fire engines welcome the Airbus A380 by spraying water over it at the Singapore Changi Airport after its landing, Wednesday Oct. 17, 2007, in Singapore. Singapore Airlines became the first company to receive the jetliner, which was formally handed over o
Ap/Wong Maye-E
Airbus A380 lands in Dubai
Arab News
| K.T. Abdurabb | Arab News | DUBAI: Emirates' Airbus A380 double-decker touched down on schedule in Dubai yesterday evening. Sheikh Ahmed bin Saeed Al-Maktoum, chairman and chi...
In this Feb. 28, 2007 file photo the Airbus logo is seen in Laupheim, near Ulm southern G
AP / Felix Kaestl
Airbus eyes Dubai as manufacturing base
Gulf News
| Hamburg: Airbus, the European aircraft manufacturer, yesterday revealed its interest to shift some of the aircraft manufacturing operations to Dubai through Dubai Aerospace Enter...
LG Telecom Daerijeom
Creative Commons / LERK
LG expects 40% jump in Middle East and Africa revenues
Gulf News
| Dubai: LG Electronics expects to record $4.5 billion (Dh16.52 billion) in revenues from Middle East and Africa (MEA) operations in 2008, an increase of more than 40 per cent comp...
Tectura opens Dubai office
The Business Review
| Business consulting services provider said Monday it opened a Dubai office that will be the base of operations for its business in the Middle East. | The Redwood City-based company said the Dubai office will focus on Tectura's core industry segment...
Tectura opens Dubai office
Business Journal
> | Business consulting services provider Tectura Corp. said Monday it opened a Dubai office that will be the base of operations for its business in the Middle East. | The Redwood City-based company said the Dubai office will focus on Tectura's core ...
Car ad drives Saudis to distraction Some are outraged after Israeli ad portrays Arabs as ...
Globe and Mail
| Israelis are used to being the butt of jokes that focus on stereotypes: Israeli women of Polish descent are said to be cold in bed; Israeli men of Moroccan descent might be asked where they keep their knives; Israelis of Persian background are char...
GCC
Dirhams
(photo: WN / Rubielyn Bunag)
Greenback's recovery reverses dirham's flagging exchange rate
Gulf News
| Dubai: The appreciation of US dollar against leading currencies has come as a big relief to most expatriates living and working in the UAE as the dirham now fetches more in terms of their respective domestic currencies. | Due to the dirham's peg to the dollar, the dirham depreciated along with the dollar, which meant a fall in exchange rates of t...
OPEC
An unidentified woman stands in front of Khurais oil facilities, 60 miles southeast of Riyadh, Saudi Arabia, on Monday, June 23, 2008.
(photo: AP / Hasan Jamali)
Shock waves spread as oil bubble bursts
The Australian
| THE exposure of the oil price boom as a speculative bubble has been the catalyst for a change in world financial flows, and the ripples are now spreading through currency, commodity and financial markets. | Oil hit its peak of $US147 a barrel on July 11, paused and then started to tumble on July 15, and there has been no sign yet that its fall ha...
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