INTERNATIONAL. The price of gold rose sharply hitting a fresh record-high high of US$ 1,089 Tuesday after the Reserve Bank of India said it bought 200 tonnes of gold from the International Monetary Fund late last month.
UAE. The wealth of infrastructure projects which Ras Al-Khaimah needs to set in motion will provide great investment opportunities for the global business community, according to Sheikh Omar Bin Saqr Al Qasimi.
INTERNATIONAL. According to the Boeing's VP - Marketing, Randy Tinseth, 'Twenty years from now more than 40% of the world's airline traffic will begin, end or take place within the Asia Pacific region'.
INTERNATIONAL. The world's 1,000 largest publicly traded corporate research and development spenders increased spending on R&D in 2008, affirming the critical importance of innovation to their corporate strategies, according to Booz & Company.
UAE. The latest scientific and technological breakthroughs in desalination and water treatment will be launched by global industry specialists in Dubai at the International Desalination Association World Congress 2009.
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INTERNATIONAL. It's been a dollar vs. gold story ever since the economy ran into trouble last fall, according to Blackmont Metals and Mining Analyst Richard Gray, who sees inevitable inflation down the road.
INTERNATIONAL. We strongly believe that Dubai, very aware of the negative consequences of a bond restructuring, will by all means give the necessary support to achieve an orderly redemption, says Dexia AM.