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1 May 2008 year (time zone GMT 00:00)  Number of sources in English: 4429
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Silverjet Announces Potential Investment of Up to $100million

01.05.2008 19:20    uae-dubai.blogspot.com
Silverjet, the British exclusively business class airline, today announces an update on its working capital position and that it has entered into a memorandum of understanding (the "MOU") with a UAE...Continue to the full story at www.dubaichronicle.com


20% growth of real estate market triggers concomitant rise in energy consumption

01.05.2008 19:20    uae-dubai.blogspot.com
The double-digit energy consumption increase, fuelled by mounting growth and consumption rates, has necessitated a global trend to use alternative energy resources, particularly nuclear power, to...Continue to the full story at www.dubaichronicle.com

The Dubai Health Authority launches online community

01.05.2008 19:20    uae-dubai.blogspot.com
For the first time in history, the Dubai Health Authority is launching an online community to engage with people from the medical profession, insurers, employers and members of the public to find out...Continue to the full story at www.dubaichronicle.com

Dubai traders' expectations stay upbeat

01.05.2008 19:20    uae-dubai.blogspot.com
But small traders are less optimistic than larger companiesWhile there had been no significant statistical change in traders' expectations between 2007 and 2008 in Dubai, large traders who employ...Continue to the full story at www.dubaichronicle.com

Mashreqbank Q1 profit hit by credit crunch

01.05.2008 19:20    uae-dubai.blogspot.com
Mashreqbank MASB.DU, the UAE's second-largest lender by market value, posted its smallest profit growth in a year in the first quarter as the global credit crunch hit investment income and costs...Continue to the full story at www.dubaichronicle.com

DAMAC Properties announces launch of Harbour Heights at Al Reem Island

01.05.2008 19:20    uae-dubai.blogspot.com
Iconic residential tower to come up at prime business area of the one-of-its-kind development in Abu Dhabi.DAMAC Properties - the luxury lifestyle provider and Middle East's largest private sector...Continue to the full story at www.dubaichronicle.com

Tatweer announces Marvel Theme Park

01.05.2008 19:20    uae-dubai.blogspot.com
Tatweer, a Dubai-based multi-sector enterprise with a portfolio including energy, healthcare, tourism, industry and real estate and a member of Dubai Holding, has announced a contract with US-based...Continue to the full story at www.dubaichronicle.com

The Cultural Observer

01.05.2008 19:19    uae-dubai.blogspot.com
Mohammed Bin Rashid Al Maktoum Foundation announced yesterday the programme " Tarjama" (Translation), which aims to enhance and contribute to the translation scene in the Arabic world by training...Continue to the full story at www.dubaichronicle.com

Central Bank announces new interest rate cut

01.05.2008 19:19    uae-dubai.blogspot.com
The UAE Central Bank announced that it has lowered the interest rate on its re-purchase of Certificate of Deposit (REPO) from 2.25% to 2% with effect from Thursday.A Central Bank press release said...Continue to the full story at www.dubaichronicle.com

Central Square at Downtown Jebel Ali launch

01.05.2008 19:19    uae-dubai.blogspot.com
A new residential project "Centaral Square" in Downtown Jebel Ali is scheduled for launch on 4th August 2008.The building will consist of 1, 2 & 3 bedroom apartments with area ranges:1...Continue to the full story at www.dubaichronicle.com

Some Lebanese turn to nightlife to 'escape' ongoing security, economic crises

01.05.2008 16:37    dailystar.com.lb
Amid the dark grey smoke and Trance music by Tiesto resounding through the pub, you can barely see the giggling girls or hear the clinking of glasses. Hard-partied nights in the northern town of Batroun make it hard to believe

Rights group launches campaign to highlight plight of migrant workers

01.05.2008 16:37    dailystar.com.lb
Lebanese employers should improve the treatment of migrant domestic workers, Human Rights Watch (HRW) said Wednesday, at the launching of a campaign on the eve of Labor Day. The campaign, "Put yourself in her shoes" appeals to Lebanese employers of

Economists calm fears over wage hike

01.05.2008 16:37    dailystar.com.lb
A modest salary increase to offset the spiraling prices of basic commodities will not have a major effect on inflation in Lebanon, leading economists said on Wednesday. "Any modest increase in the minimum wages will definitely have some impact on

Azour hails exchange of $882 million of Eurobonds as sign of stability

01.05.2008 16:37    dailystar.com.lb
Lebanon on Wednesday successfully exchanged $882 million of Eurobonds with a six year maturity and a nine percent yield, the Finance Ministry said in a statement. "The exchange offer and issuance of additional notes have resulted in a combined new

Lebanon hikes prices of fuel oil, gasoline

01.05.2008 16:37    dailystar.com.lb
For the fourth week in a row, the Lebanese government raised the prices of gasoline, kerosene and fuel oil on Wednesday due to the rise in the prices of crude in the international markets. The price of 20 liters of

Rice is right: Palestinian-Israeli peace talks are losing credibility

01.05.2008 16:36    dailystar.com.lb
US Secretary of State Condoleezza Rice unwittingly demonstrated much of what ails the Palestinian-Israeli peace process on Tuesday. In a speech to the American Jewish Committee in Washington, she proffered a laundry list of reasons why time is running out
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Khamenei: We are 'not afraid' of Western sanctions

01.05.2008 10:39    dailystar.com.lb
Supreme leader Ayatollah Ali Khamenei on Wednesday declared Iran was "not afraid" of sanctions over its contested nuclear program and would further step up its progress. "We are not afraid of Western sanctions," he told thousands of people in a

Two car bombs rock Italian Embassy compound in Yemen's capital

01.05.2008 10:39    dailystar.com.lb
Two car bombs exploded on Wednesday inside the compound of customs headquarters, located next to the Italian embassy in Sanaa, and at least seven soldiers were killed in a rebel ambush in the countryside, officials said. There were no casualties

Pakistani leaders hold talks on reinstating judges

01.05.2008 10:39    dailystar.com.lb
The leaders of Pakistan's ruling coalition held talks in Dubai Wednesday with their month-old alliance on the line amid a deadlock over the reinstatement of judges sacked by President Pervez Musharraf. Former Premier Nawaz Sharif flew to the Gulf emirate

US brands Iran 'most active' terror sponsor

01.05.2008 10:39    dailystar.com.lb
Iran remained the world's "most active" state sponsor of terrorism as it tries to build regional influence and drive the United States from the Middle East, a US government report said Wednesday. The report also listed Syria, North Korea, Cuba

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