Nicosia, Mar 19 : Shaikh Khalifa Bin Zayed Al Nahyan, the President of Abu Dhabi, has denied rumours that his government wishes to acquire companies owned by the Dubai Government.
He attributed the rumours to misinterpretations about the relations between the emirates and stressed that the impact of the global financial crisis on the national economy had been exaggerated.
Nicosia, Mar 17: The Federation of Gulf Cooperation Council (GCC) Chambers of Commerce and Industry have urged the governments of the six states to adopt a more comprehensive aid package aiming to stimulate growth and reduce the effects of the global financial crisis on businesses in the Gulf region.
The Emirates Business wrote on Monday that according to a study it had obtained, the Chambers expected the crisis to spread to other sectors in addition to oil, banks and construction.
Nicosia, Cyprus - World champion Sebastien Loeb of France achieved another milestone in his illustrious rally career on Sunday when he won his 50th event, at the Cyprus Rally.
The Citroen driver Loew, 35, held off Finnish title rival Mikko Hirvonen for his third win in as many season races.
"This is incredible ... 50 is a big number," he said. "But I am not finished yet, now I am going for 51."
Nicosia, Mar. 11 : After three years of delays and at the time of a world-wide financial crisis, Syria launched its first stock exchange on Tuesday in an effort to liberalise the country''s largely state-controlled economy and provide a measure of freedom to the private firms.
Nicosia, Mar 8 : Portland Group of Greece, a marine and financial solutions company, has announced plans to develop wind and solar energy in the UAE, with an initial investment of 100 million euros, aiming to turn Dubai into the sight of the biggest energy field in the world.
The President of Portland Alexander Christodoulakis told the Gulf News that with a fraction of the amount spent on energy and construction, Dubai can set an example to the world in the field of renewable energy.
Athens/Nicosia - Rival leaders seeking a solution to reunify the divided Mediterranean island of Cyprus will begin discussion of European Union issues next week, United Nations officials said Thursday.
Greek Cypriot President Dimitris Christofias and Turkish Cypriot leader Mehmet Ali Talat completed weeks of talks in the settlement of the property issue, which includes the exchange of properties, compensation and how properties might be returned.
Nicosia, Mar 19 : Shaikh Khalifa Bin Zayed Al Nahyan, the President of Abu Dhabi, has denied rumours that his government wishes to acquire companies owned by the Dubai Government.
Nicosia, Mar 17: The Federation of Gulf Cooperation Council (GCC) Chambers of Commerce and Industry have urged the governments of the six states to adopt a more comprehensive aid package aiming to stimulate growth and reduce the effects of the global financial crisis on businesses in the Gulf region.
Nicosia, Cyprus - World champion Sebastien Loeb of France achieved another milestone in his illustrious rally career on Sunday when he won his 50th event, at the Cyprus Rally.
Nicosia, Mar. 11 : After three years of delays and at the time of a world-wide financial crisis, Syria launched its first stock exchange on Tuesday in an effort to liberalise the country''s largely state-controlled economy and provide a measure of freedom to the private firms.
Nicosia, Mar 8 : Portland Group of Greece, a marine and financial solutions company, has announced plans to develop wind and solar energy in the UAE, with an initial investment of 100 million euros, aiming to turn Dubai into the sight of the biggest energy field in the world.
Athens/Nicosia - Rival leaders seeking a solution to reunify the divided Mediterranean island of Cyprus will begin discussion of European Union issues next week, United Nations officials said Thursday.
