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OPEC provides above oil market needs

OPEC pumps 1.62 million bpd above target in April Global demand growth in 2012 rises to 900,000 bpd OPEC is currently producing enough oil to keep...

Experts Predict 2 Billion International Travelers in 2020

Today, tourism and travel industry is reaching brand new heights. The main reason for this is that governments around the world clearly see the...

European Cities Dominate 2014 Quality of Living Rankings

Vienna takes the top spot, Baghdad ranks lowest Vienna is the city with the world’s best quality of living, according to the Mercer 2014 Quality...

Asia is the driving force in global tourism

Asia continues to be the driving force in global tourism. According to the latest ITB World Travel Trends Report, this year the number of...

Electricity bills rise by 40 – 50 % in GCC region

A regional expert in AC systems has said that electricity consumption in summer in the GCC region rises by 50 percent compared to the...

Public sector governance reform imminent in Middle East

Arab Spring has compelled governments to pursue public sector reform Accountability, and transparency a priority in state-owned enterprises in Middle East With recent political and social...

Art auction house sales total US$5.7 billion in 2011

Art business, fine arts auction house Christie's on Sunday announced 2011 sales of $5.7 billion, up by 14 compared with 2010, including buyer's premium

Gadhafi agrees to stop fighting

Col. Moammar Gadhafi has agreed in principle to stop all hostilities in Libya and let in outside forces to help keep the peace, according...

Strong Airline Passenger Traffic Growth Trend Continues

The International Air Transport Association (IATA) announced global passenger traffic results for May showing that air travel continued to expand at a healthy rate....

MBA Employers Name World’s Top 200 Business Schools

The annual report of the world’s top 200 business schools according to MBA employers is released today. Over 2000 responses were received from 42 countries.

OPEC Oil Production climbs to 31.27 million barrels per day in...

Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 400,000 barrels per day (b/d) to 31.27 million b/d in...
Spirit of the Union'' is the official logo of 41st National Day celebrations

UAE ranks 24th among 144 countries, Global Competitiveness Report

Persisting Divides in Global Competitiveness as Switzerland, Singapore and Finland Top Competitiveness Rankings in 2012 video platformvideo managementvideo solutionsvideo player Competitiveness gap widening among European countries US...

World Population Day 2014: Top 10 Mega Cities

Today we mark the World Population Day – the annual event that aims to raise awareness of global population issues and teach us of...

Glamorous Emirates’ St Petersburg Launch marked worldwide

Petersburg Launch Marked in Northern and Southern Hemispheres Celebrations for Emirates’ newest destination spanned two hemispheres today with St Petersburg being the airline’s theme for...

UAE Passport Ranked Most Powerful in Region, 22nd Globally

The UAE passport ranking advanced in 2017 to the first sport in the Arab world and 22nd globally, according to Global Passport Power Rank...

DGCX First Quarter Volumes Up 112%

Exchange trades 3,281,234 contracts in the first quarter March volumes total 1,072,052, a 95% rise from 2012 Indian Rupee futures grows 104% year-on-year March volumes on the...

Unlocking Iran’s mining potential

Iran is the 11th largest minerals producer in the world, but its mining industry needs international capital and expertise to expand Mining is one of...