Iran may seek payment for its oil exports to Europe in UAE dirhams rather than euros because tougher EU sanctions could block Iranian transactions in the single European currency, an Iranian official said on Sunday.
But the United Arab Emi
Government, businesses and home owners in the UAE are trying to cut their carbon footprint, save water and lower their utility bills by switching to synthetic grass, said an expert.
These groups have found that major savings can made by la
Nasdaq Dubai has announced that all trading of its listed equities will take place through the X-Stream trading platform of Dubai Financial Market (DFM) starting on June 27, subject to final regulatory approval.
The move is part of an outs
Saudi Arabia is all but certain to adopt the Dubai Mercantile Exchange's (DME) Oman crude oil futures contract as its benchmark one day, oil traders say. Now the main question is when, not if, it makes the switch.
The growing confiden
Ford Motor is expanding its largest ever recall -- involving faulty cruise control deactivation switches that have caused fires -- by 4.5 million vehicles, regulators and company officials said.
The action effectively closes out a 10-year
The Dubai Mercantile Exchange (DME) will complete the switch to the trading platform of the world's largest derivatives exchange overnight, in a move the DME hopes will boost trade of its Oman oil contracts.
The DME's contracts will trade
Motorola reached another milestone in the enterprise mobility market by selling its 100,000th wireless LAN (WLAN) switch, the most by any vendor in the market.
Motorola – through its acquisition of Symbol Technologies – is an innovator an