Australia’s competition watchdog gave its preliminary approval yesterday to a global alliance between struggling carrier Qantas and Dubai based Emirates, but only for five years initially. The Australian Competition and Consumer ...
Tehran Times cited Mr Rostam Qasemi Oil minister of Iranian as saying that OPEC will hold an extraordinary meeting if oil prices come down below USD 100. Mr Qasemi said that''According to projections,oil prices will remain higher than ...
Tags: Opec, Mineral, cut production ceiling
China's crude imports from South America and the Caspian region rose by 18% and 20% year on year respectively in the first eleven months of 2012, according to data released by the General Administration of Customs. The imports from ...
Adnoc Distribution,the retail arm of Abu Dhabi National Oil Company,announced that it is currently searching for 10 locations to open petrol stations in Dubai.The move will be carried out under the supervision and follow up of the Supreme ...
Tags: Adnoc, Dubai, Abu Dhabi National Oil Company, Al Tayer
Huawei has announced its collaboration with SELEX Elsag, a company within the Finmeccanica group, for the construction of the first railway line in the United Arab Emirates, that will be completed by the end of 2014. Huawei, a leading ...
Tags: Huawei, SELEX Elsag, railway line, communication technology
Iran is the world's 14th leading electricity producer, Mr Mohammad Behzad deputy energy minister of Iranian said that the latest statistics released by the International Energy Agency. Mr Behzad said that Iran has risen two places since ...
Tags: electricity, International Energy Agency, power generation capacity
Lord's Cricket Ground has been brought into the internet age after its owners signed a deal with The Cloud to provide free Wi-Fi access for spectators. Marylebone Cricket Club (MCC), which owns the venue, has agreed to the five-year ...
Tags: Lord's Cricket Ground, Marylebone Cricket Club, Wi-Fi, Cloud
MENA reported that the Egyptian Stock Exchange rose on December 20th Thursday after the announcement of positive news related to the economy. This, combined with a brief period of political calm in between the two rounds of voting in the ...
Tags: Egypt, Stock Exchange, optimism, investor
A Midas PRO6 console has been supplied to Abu Dhabi's iconic Heritage Theatre, making it the latest high-profile venue in the Middle East to invest in a Midas console. Chicco Hiranandani, business development manager at Midas's Middle ...
Tags: Abu Dhabi, Midas, Heritage Theatre, Midas console
Emirates Steel announced that the increase in its steel production volume by 33% through to the end of Q3, 2012. Owned by Senaat GHC, the Company has increased its dispatch of prime quality finished goods by 10% compared with the levels ...
Tags: Steel, Emirates Steel, rebar production, wire rod, Steel production, iron
The Canadian International Trade Tribunal has found the dumping of carbon steel welded pipe, commonly identified as standard pipe exported from Chinese Taipei, the Republic of India, the Sultanate of Oman, the Republic of Korea, Thailand ...
Tags: domestic industry, carbon steel, welded pipe, standard pipe
Gulf News reported that Abu Dhabi based Emirates Aluminium Company expects the AED 16.52 billion Phase II of its smelter to be complete by the Q1 of 2014 when it will raise production up to the capacity levels of 1.3 million tonnes. Mr ...
Reuters reported that prominent UAE group Al Ghurair had no intention yet of selling its half ownership of Ras Lanuf, Libya's biggest refinery but also had not decided whether to go ahead with investing another USD 2 billion. Mr Essa Al ...
Tags: refinery, oil refining capacity, oil, Oil Company
Sales in Europe's decorative paints market have been sluggish this year and are likely to show an even slower pace of growth in 2012. Meanwhile in the Gulf area of the Middle East—close to Europe's doorstep—the decorative ...
Tags: decorative paints market, the Gulf area, European coatings companies
UAE - UK loudspeaker manufacturer Tannoy has thrown its weight behind the Joining Jack charity campaign by sponsoring the charity's team taking part in Emirates Dubai Rugby Seven Championship in late November 2012. The charity, which ...
Tags: loudspeaker manufacturer, loudspeaker, charity, Tannoy Backs