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3rd September, 2010, 03:51
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Posted: 17-07-2009
INTERNATIONAL. Nouriel Roubini, a professor at the Stern Business School at New York University and chairman of Roubini Global Economics (RGE), said developed economies are bottoming out or close to doing so, but the recovery will be anemic, with the US remaining in recession throughout the year, while emerging countries are in better shape to exit the recession faster.
Speaking to investors at an event organised by the Chilean government in New York Roubini said: ""There is light at the end of the tunnel, there is a bottoming out of the U.S. and of the global economy. And the light at the en
Posted: September 3, 2010
INTERNATIONAL. The price of gold rose back above US$1250 an ounce for the second time this week - and the sixth time since May - on Thursday.
Posted: September 2, 2010
INTERNATIONAL. Selected by the World Economic Forum as 2011 Technology Pioneer.
Posted: September 2, 2010
INTERNATIONAL. The emergency assistance comes on top of the US$7.3 billion provided under the current Stand-By Arrangement, in place since November 2008.
Posted: September 2, 2010
UAE. Dubai's index and Qatar's benchmark were the region's best performers on Thursday as improving global sentiment filtered into activity in Gulf bourses.
Posted: September 2, 2010
INTERNATIONAL.The first round of talks, hosted by US Secretary of State Hillary Clinton, was held in the State Department.
Posted: September 2, 2010
INTERNATIONAL. Mandarin Oriental Hotel Group and The Fat Duck Group have joined forces to create Dinner by Heston Blumenthal, Chef Heston Blumenthal's first London restaurant.
Posted: September 2, 2010
UAE. Interactive Intelligence honoured for communications-based process automation product designed to provide quantifiable return on investment for Unified Communications.
Posted: September 2, 2010
INTERNATIONAL. Kuwait's leading operator continues to drive data revenue with Redknee's data rating platform.
Posted: September 2, 2010
UAE. Priority Pass has added over 50 new lounges to its program this year making it the largest selection of lounges ever offered to its members.
Posted: September 2, 2010
SAUDi ARABIA. Saudi government and private sector officials have questioned the account of a Sri Lankan maid who said her Saudi employers forced 24 nails and needles into her body.
Posted: September 2, 2010
INTERNATIONAL. India started testing RIM’s monitoring tools yesterday to see if they allow security agencies to tap its messenger- and enterprise mail services
Posted: September 2, 2010
INTERNATIONAL. Russia topped a list of 25 countries of the best places for expats to live in terms of personal finances, followed by Saudi Arabia and Bahrain, an HSBC survey said.
Posted: September 2, 2010
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
Posted: September 2, 2010
UAE. Millennium bought US$10 million of four-year convertible notes in July that were sold by International Innovative Technologies, a clean energy company.
Posted: September 2, 2010
INTERNATIONAL.France's unemployment rate unexpectedly fell for the first time in two years in the second quarter as companies began hiring again.
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: September 2, 2010
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
date:Posted: September 1, 2010
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
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date:Posted: September 1, 2010
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.
INTERNATIONAL.The first round of talks, hosted by US Secretary of State Hillary Clinton, was held in the State Department.
INTERNATIONAL. Masood Ahmed, Director of the IMF's Middle East and Central Asia Department, described the flooding as a "human catastrophe that is still evolving." Reconstruction costs expected to run into billions of dollars.
