INTERNATIONAL. WTO Director General Pascal Lamy reports that 'some convergences have been recorded, but progress remains painfully slow after four days of ministerial-level negotiation.'
INTERNATIONAL. The triple-play (voice, Internet and pay TV) market is not reaching its full potential. Content and branding issues are hampering operator strategies to increase customer numbers, according to the latest report by Analysys Mason, the premier adviser in telecoms, IT and digital media.
PALESTINIAN TERRITORIES. Household poverty is worsening in Gaza, with over half of all households in the area living below the poverty line, according to a new report.
INTERNATIONAL. Whether we’re catching up on the latest office politics, sitting in a business meeting, chatting with our friends, or taking a quick break whilst out on some retail therapy, moderate coffee drinking during our coffee breaks may be more beneficial for our health than we think.
INTERNATIONAL. Saudi Arabia, the UAE and Egypt top the regional tables by capital raised in Q2. Globally, the size of IPOs in first half of 2008 was roughly half as much as in the same period in 2007 and much less than in 2005 and 2006.
SAUDI ARABIA. ENI-owned engineering firm Saipem has been awarded new contracts worth a total of approximately €1.6 billion (US$2.5 billion) for offshore projects in Saudi Arabia and Nigeria.
UAE. US law firm Patton Boggs has opened an office in Abu Dhabi, strengthening its presence in the Middle East, where it has conducted business for more than three decades.
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SAUDI ARABIA. On the occasion of the World Dialogue Conference in Madrid, King Abdullah of Saudi Arabia addressed the effort to bring together representatives of the world's religious communities at the conference as well as a wide ranging discussion of other issues including the crisis in world energy and food supplies, the Arab-Israeli conflict, regional security challenges, America's influence in the Middle East and the battle against terrorism.
INTERNATIONAL. Pervasive and ubiquitous computing is gaining momentum among academia, industry and governments. RFID and wireless sensor networks are two examples of technologies, which are leaving laboratories and going to market with solutions in sectors such as automotive, aerospace, home automation and security.