Friday 29 August 2014
 
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Asian, western firms bid for UAE oilfields

Asian and western firms have bid to help operate the UAE's biggest oilfields after a deal with oil majors expired this year but the Gulf Arab state is yet to decide whether to let Asian oil buyers in for the

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Best Western unveils resort on Australia’s Coral Coast

Best Western International has unveiled a new upscale resort on the Coral Coast of Western Australia.   Located in the town of Kalbarri, which is 600km north of Perth and at

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Uncertainty hangs over Abu Dhabi oilfields

The long-term future of fields that produce about half Abu Dhabi's oil remains unclear with only one day of a 75-year partnership with western oil companies left to run. Some of the world's largest energy companies - Exxon

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UAE top on western expats' residence list

Majority of the western expats see the UAE as an ideal place to live, work and save thanks to its tax- free salary and the countless career opportunities the country offers, according to a new survey by Standard Life, a leading provider of long

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Western expats in UAE ‘save less’

UAE-based Western expatriates are seen to be less prudent than those in Singapore and Hong Kong in financial planning, according to a study. The first Standard Life Western Expat Wealth Study considered the saving, spending and in

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'Arab women suffer more aggressive breast cancer’

Women in the Middle East often suffer with more aggressive forms of breast cancer than Western women, researchers at Weill Cornell Medical College in Qatar have discovered. WCMC-Q’s assistant dean for basic science curriculu

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Oil gains more than $2 on possible Syria strike

Oil rose more than $2 a barrel on Wednesday, with Brent pushing above $117 and the US benchmark soaring to its highest in over two years, amid worries a possible military strike by Western powers against Syria could hit Middle Eastern crude supp

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West warned Egypt's Sisi to the end

Western allies warned Egypt's military leaders right up to the last minute against using force to crush protest sit-ins by supporters of the ousted Islamist president Mohamed Mursi, arguing they could ill afford the political and economic da

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Iran denies explosion at uranium facility

  Iran has denied media reports of a major explosion at one of its uranium enrichment sites, describing them as "Western propaganda" designed to influence upcoming nuclear negotiations.

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Islamic banks 'need mergers to fill in gap'

Small and medium-sized Islamic banks may need to merge if they want to become bigger regional players capable of filling the funding hole left by shrinking Western banks, the head of Islamic finance at Deutsche Bank, told Reuters. 'Th

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