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Wednesday, August 11, 2010
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Toyota halts auto exports to Iran
Tokyo: 
 
  Toyota Motor Corp said on Wednesday it had suspended auto exports to Iran indefinitely since June, amid growing international scrutiny of companies dealing with the country.  
  Read More  
   
   

41pc of UAE residents back BlackBerry ban: poll
Dubai :  
  Two out of five UAE residents (41 per cent) support the decision to ban BlackBerry services, while one quarter (25 per cent) are opposed, according to a survey.    
  Read More  
US lifts world oil demand growth forecast
Washington: 
  The US government has boosted its forecast for global oil demand growth this year and next, with developing countries driving consumption despite a slower outlook for the US economy.    
  Read More  
  More top stories

Exxon says still working on Qatar project
Kipco Q2 profit dives 61pc
Bahrain's GFH rolls over $100m loan
  • Through the storm

    Gulf airlines have navigated the worst of the global economic crisis, but further liberalisation is needed if the region is to harness the full economic impact of the industry
  • Defensive measures

    A local defence industry is growing in the United Arab Emirates, as commercial ventures in firearms, surveillance and weapons systems take aim
  • The Square Mile reboots its Gulf appeal

    Despite old ties, London is having to fight harder to win business from the GCC
  • Rebuilding Iraq

    Housing tops Baghdad’s growing to-do list, but as work begins on infrastructure ranging from airports to sewage plants, Iraq’s modest contracting capacity is being stretched to its limits

  International Business News   International News
 

US lifts world oil demand growth forecast
US to lead economic cooling but no double dip

Gold slips below $1,200 ahead of Fed
 

Pakistani president returns home to flood crisis
China milk powder blamed for premature growth

Turkey ignored flotilla warnings says Netanyahu
   
 
  Tabreed Q2 profit doubles but concerns remain  
  Accountants of Dubai-listed air conditioning company National Central Cooling Co (Tabreed) raised doubts over its ability to continue operations even after the company's second-quarter net profit doubled.     
  Read More  
 

New bridge opened in Jeddah
Bahrain causeway to handle 100m passengers
 
   
  Dubai’s Radisson Blu wins ‘green’ award  
  The Radisson Blu, Dubai Deira Creek, has been awarded the international Green Globe Certification (GGC), following a recent Dh1.25 million ($340,000) investment in sustainability.  
  Read More  
 

RJ passenger traffic up 14pc in July
Limitless hosts Jumeirah Ramadan expo
 
   
  Siemens completes $204m SEC project  
  Siemens said it has completed a euros 155 million ($204.3 million) project with the Saudi Electricity Company (SEC) to provide a harmonized grid solutions for a major substation in the Kingdom.  
  Read More  
 

Baker Hughes develops asphalt additives
Iran puts LNG ambitions on hold amid sanctions
 
   
  Exxon says still working on Qatar project  
  Exxon Mobil is still working with Qatar Petroleum on a proposed new plant, a spokesman for the US oil major said on Tuesday, refuting a media report that it had quit the project.     
  Read More  
 

Baker Hughes develops asphalt additives
Exxon 'quits $6bn Ras Laffan petchem project'
 
   
  WHO set to declare end of H1N1 pandemic  
  The World Health Organisation is likely to announce that the H1N1 flu pandemic is over, indicating infection levels in most places have returned to those normal for seasonal influenza, health officials said.  
  Read More  
 

Egypt tops in hepatitis infection rate
Emaar unit honours weight-loss winner
 
   
  Grohe designs 'help improve quality of life'  
  Design is a key pillar of the product strategy of Grohe, a leading global manufacturer and supplier of sanitary fittings. The company’s design team strives to strike the perfect balance of quality, technology and design.  
  Read More  
 

Villeroy unveils retro chandeliers
V&B launches new dishware range
 
   
  41pc of UAE residents back BlackBerry ban: poll  
  Two out of five UAE residents (41 per cent) support the decision to ban BlackBerry services, while one quarter (25 per cent) are opposed, according to a survey.  
  Read More  
 

Malware ‘at highest levels’
Motorola picks Eden Rock for WiMAX solution
 
   
  Abu Dhabi Finance, Tamouh in tie-up  
  Abu Dhabi Finance, a top home finance provider, will become a preferred mortgage lender for Tamouh Investments, a leading master developer, as per a new partnership between the two firms.  
  Read More  
 

Moody's downgrades Aldar ratings
Tameer elects Palace Towers owners board
 
   
  Bahrain's insurance market grows 7.5pc  
  Bahrain's insurance market posted an annual growth of more than 7.5 per cent last year with gross premium in excess of BD200 million ($530.5 million), the Central Bank of Bahrain (CBB) said.  
  Read More  
 

Shuaa Capital swings to Q2 net loss
Merrill Lynch names key officials
 
 
  Redtag opens new Saudi outlet  
  Redtag, a value fashion and home store, has announced the opening of its 22nd store in Buraida, Saudi Arabia. The new outlet will cater exclusively to the needs of babies and children.  
  Read More  
 

Xerox reaches out to construction workers
Shoe Mart launches back-to-school promotion
 
   
  Saudi plans $385bn infrastructure projects  
  The Saudi government has allocated a whopping SR1.44 trillion ($385 billion) for various infrastructure and welfare projects under its ninth five-year (2010-14) development plan, said a report.  
  Read More  
 

DSS records $150m sales in first 4 weeks
Abu Dhabi nominal GDP falls 18pc in 2009
 
   
  Lebanese designer unveils Abaya collection  
  Renowned Lebanese designer Akl Fakih has unveiled his latest Abaya collection that comprises rich style masterpieces capturing the spirit of Ramadan.  
  Read More  
 

Starwood launches children’s aid drive
Soccer rush sells out TV receivers
 
   
  Nasdaq Dubai equities value up 9pc  
  Nasdaq Dubai said the value of equities traded surged nine per cent to $51.3 million in the first four weeks from $47 million following its operations outsourcing to Dubai Financial Market compared to the same period last year.  
  Read More  
 

Saudi bourse opens again to foreign investors
Bahrain bourse trims Ramadan trading hours
 
 
  Toyota halts auto exports to Iran  
  Toyota Motor Corp said on Wednesday it had suspended auto exports to Iran indefinitely since June, amid growing international scrutiny of companies dealing with the country.  
  Read More  
 

FIA plans boost for Mideast motorsports
Renault names GCC marketing director
 
   
  McDermott wins Abu Dhabi Marine project  
  US-based McDermott International has won a $350 million contract from Abu Dhabi Marine Operating Company to upgrade and enhance a water injection system in the Zakum field, located north-west of the UAE capital.  
  Read More  
 

Nile Cargo receives first 'green' river barges
GCC facing supply chain challenges
 
   
  US security firm opens Mideast base  
  TigerSwan, a US-based security and safety solutions provider, has expanded its capability to deliver professional services throughout the Middle East with the establishment of TigerSwan International in Riyadh.  
  Read More  
 

Bahrain to install surveillance cameras
Iran launches four home-made submarines
 
 
  DSO inks deal to recycle e-scrap  
  Dubai Silicon Oasis (DSO), the integrated free zone technology park, said it has signed a MoU with Enviroserve for effective disposal and recycling of electronic scrap (e-scrap)collected from its premises.  
  Read More  
 

Nile Cargo receives first 'green' river barges
NBAD to screen climate change film
 
   
  Jordan has enough wheat stocks for 6 months  
  Jordan has enough wheat stocks to cover its needs for another six months but a Russian export ban will force it to switch to more expensive US or Europe grains to maintain its stockpile, a grain official said on Tuesday.  
  Read More  
 

GAM to intensify Ramadan food inspections
Costa Coffee holds barista contest
 
   
  BIPA, eGA launch project for govt staff  
  Bahrain Public Administration Institute (BIPA) said it has teamed up with the Kingdom's eGovernment Authority (eGA) to implement the micro eLearning project for government employees.  
  Read More  
 

Madinaty case ruling set for Sept 14
Bahrain launches new award for women
 
   
  Panasonic launches interactive whiteboard  
  Panasonic, the leading consumer electronics brand, has launched a range of new interactive whiteboards which allow display of the contents of a computer screen directly onto the board.  
  Read More  
 

UAE workers 'spend more time commuting'
Emirates Steel picks 15 VEDC graduates
 
   
  Indian farmers plan Zambia investment  
  Indian commercial farmers plan to invest in a new model farm in Zambia, according to the government, which seeks to diversify the economy by promoting agriculture as an alternative to copper and cobalt mining.  
  Read More  
 

Suppliers scrap wheat deal with Bangladesh
Russia crop yields dip, FAO warns on 2011
 
 
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