US announces US $3.5b arms sale to UAE
The United States announced a $3.5 billion sale of an advanced antimissile interception system to the United Arab Emirates.
Global economy slowing, could get worse
International Monetary Fund Managing Director Christine Lagarde warned the global economy was slowing. She said the situation could get worse, because Europe was not...
The concept of free and open Internet faces challenges
The Internet could look very different and become less open and free
A proposal for the International Telecommunications Union, an arm of the United Nations,...
UAE Unveils Three Initiatives to Mark World Environment Day
To celebrate World Environment Day 2021, held under the theme ‘Ecosystem Restoration’, the Ministry of Climate Change and Environment (MOCCAE) has rolled out three...
Another relief for the European crisis
With the ending of the vacation season Europe is going through an economic tailspin. Unemployment in Greece is 24.4 percent while capital flight from...
Yahoo lays off 2000 employees
Yahoo confirmed that it is laying off 2,000 employees in an effort to make the company “smaller, nimbler, more profitable and better equipped to...
International tourism hits one billion
One billion tourists have travelled the world in 2012, marking a new record for international tourism – a sector that accounts for one in...
CFM International reports second highest orders year in its history
CFM International (CFM) is having the second highest orders year in its history. Through October, the company has logged orders in for nearly 2,200...
Wall Street Protests: More than 700 arrested
The U.S. is witnessing angry moods in the nation's financial hub. Hundreds have thrown their weight behind the latest demonstration, named "Occupy Wall Street",...
Mayan Apocalypse triggers panic across the globe
As December 21 gets closer and closer, people’s fears about a possible doomsday grow. Many believe that with the end of the Mayan calendar...
Free Fall from Space
Austrian Felix Baumgartner survives a record-breaking 24-mile jump
Sunday, October 14 – millions of people all over the world stood staring in their TV or...
MENA oil exporters’ growth to increase in 2012
The oil exporting countries of the Middle East and North Africa are expected to see economic growth accelerate in 2012 to 6.6 percent. The...
The World’s Best New Luxury Hotels 2019
Our twelve highly experienced and discerning researchers bring you this year’s inside track on luxury hotel openings openings across the globe.
We thoroughly research every property, on...
Gaddafi captured: Libya TV, NTC commander
Deposed Libyan leader Muammar Gaddafi was captured as his hometown of Sirte was falling on Thursday, a National Transitional Council commander said, adding that...
Happiest and Saddest Countries in the World
For six consecutive years now, the Legatum Institute presents its annual Prosperity Index study. The study is also known as the “happiest and saddest...
Japan: 5,178 people dead, 8,606 missing
Japan's devastating earthquake and deepening nuclear crisis could result in losses of up to $200 billion, according to Reuters. Still the impact for the...
10 Years After 9/11: Era of Endless Wars?
It was a tragedy that claimed the lives of thousands in an instant, and later bring two wars with an even more monstrous death...