Sunday 19 May 2013
 
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Abu Dhabi's west to be next development hotspot

  Abu Dhabi’s Western Region is poised to become the UAE’s next development hotspot, with economic output expected to reach more than Dh500 billion ($136 billion) in 2030, according to the Al Gharbia Investment Roadma

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Iran to build more oil storage as sanctions bite

Iran will build millions of barrels of oil storage facilities in the Gulf over the next few months in response to international sanctions on its exports, Iran's Press TV reported on Sunday. "By the middle of the next (Per

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Assad says will live and die in Syria

  President Bashar al-Assad said he would "live and die" in Syria and warned that any Western invasion to topple him would have catastrophic consequences for the Middle East and beyond.  

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Iran to cut imports of non-essential goods

Iran said it would seek to cut imports of non-essential goods and urged its citizens to reduce their use of foreign-made mobile telephones and cars, as the country struggles to cope with Western economic sanctions. The policies su

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Iran blames economic 'conspiracy' for crisis

Iran will defeat a "conspiracy" against its foreign currency and gold markets, an adviser to supreme leader Ayatollah Ali Khamenei said, as pressure mounts on authorities to deal with the rapid collapse of the rial. Riot

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Muslim world challenges Western free speech

Muslim leaders were in unison at the United Nations this week arguing that the West was hiding behind its defense of freedom of speech and ignoring cultural sensitivities in the aftermath of anti-Islam slurs that have raised fears of a widening

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Iranian rial tumbles to all-time low

Iran's currency, the rial, plunged to an all-time low on Sunday, exchange traders said, as Western nations sought to further isolate the country. The rial's latest slump coincides with Canada's unexpected decision to sever t

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West, Arabs to ramp up Syria sanctions

The United States, Saudi Arabia and dozens of other countries have agreed that further economic sanctions were needed to stop President Bashar Al-Assad from repressing Syrian people and urged nations to adopt an arms embargo, travel bans and tough

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India, China 'next destination for talent'

The new war for professional talent is hotting up and will see huge opportunities for westerners looking for jobs in India and China, an expert said. Speaking to industry leaders, students and alumni at a session at the Dubai Centre celebr

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West will have to accept nuclear Iran says MP

A senior Iranian lawmaker warned Western powers they would soon have to accept the reality of the country's nuclear advances, Iran's state news agency reported, days before talks are set to re-open on its disputed nuclear programme.

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