- UAE Restricting Visas For Immigrants Workers From Asia
September 18 2012 5:23 PM
The UAE is making it more difficult for immigrant laborers to enter the country on tourist and other short-term visas in a bid to prevent foreign criminals from entering the country under the guise of looking for work. The rapidly developing country has been built up with immigrant labor mostly from South Asia, who form a majority of the Gulf nation's 8 million plus population.
- Pakistan Bows To Court Demand In Zardari Corruption Probe
September 18 2012 9:42 AM
Pakistan's Supreme Court finally got its way late Tuesday in a long-simmering row regarding President Asif Ali "Mr. 10 Percent" Zardari's unwillingness to respond to a Swiss inquiry into his alleged corruption dating back to his days as a high-ranking official under his wife Benazir Bhutto's second administration.
- US Embassy Attacks And Bombings: A Recent History
September 11 2012 4:37 PM
US embassies all over the world have a history of being attacked, bombed, and otherwise abused by terrorist or insurgent groups.
- Money's Winners And Losers: Automakers, Best Buy, AMR, Changi Airport, Nokia, General Motors
September 07 2012 8:39 PM
Each week, the IBTimes Money team picks the six biggest, most dramatic, or most compelling winners and losers in business. For the week of Sept. 3-7, the former include global automakers such as the Honda Motor Co. (NYSE: HMC), and the latter include the Nokia Corp. (NYSE: NOK).
- Qantas Move To Dubai Will Lower Costs, Help Stop Losses On Int'l Routes: Analysts
September 07 2012 1:05 PM
Dubai International is rapidly becoming a major international connection. For ailing Qantas Airways Limited (ASX: QAN) the move of its European hub from Singapore to the UAE will help lower the cost of shuttling travelers back and forth between Melbourne or Sydney and London.
- Emirates Agrees To Revenue-Sharing Pact With Qantas, Ending Deal With British Airways
September 06 2012 2:06 PM
Emirates, the world’s largest airline by international passenger traffic, has agreed to a revenue-sharing pact with Qantas Airways Ltd. (Sydney: QAN), Australia's largest airline and the oldest continually operated airline in the world, leaving Emirates' former partner British Airways out in the cold.
- Trading Picks Up at Dubai Gold and Commodities Exchange
September 05 2012 11:18 AM
The Dubai Gold and Commodities Exchange traded 938,837 contracts in August, valued at USD 34.81 billion, registering an increase of 71% compared to the same month last year. DGCX Year-to-date (YTD) volumes increased by 153% from last year, aggregating to 5,752,486 contracts. This growth was primarily driven by currency futures, trading 5,279,123 contracts - a 179% increase on last year.
- Tiny UAE Is No. 3 Most Important Aircraft Market: Airbus
September 05 2012 10:56 AM
The UAE is expected to spend an average of $11 billion a year through 2031 on an estimated 882 commercial aircraft, according to a report by Airbus on the global market for aircraft.
- India's 66th Independence Day: Will Manmohan Singh Paint A Rosy Picture Amid Glaring Issues?
August 14 2012 6:56 AM
Unless India's Congress-led United Progressive Alliance (UPA) government has been hiding all the ground-breaking policy decisions for next year, the 2014 general elections aren't likely to go their way. However, a latest survey indicates that they won't go the other way either, with the Bharatiya Janata Party (BJP)-led main opposition National Democratic Alliance (NDA) likely to lose seats, raising the hopes for a third political front to come to power.
- Real-Life 'Jurassic Park' Planned By Eccentric Australian Billionaire
August 01 2012 2:49 PM
Australian Clive Palmer is looking to use DNA and cloning as a way to make the science fiction of ?Jurassic Park? a reality, according to Sunshine Coast Daily.
- Dubai Warns Of Muslim Brotherhood 'Plot' In Gulf States
July 27 2012 12:34 PM
Dubai's police chief Dahi Khalfan has warned that Islamists are plotting to overthrow the governments of Gulf Arab states, following a recent spate of arrests of political dissidents.
- Shooting Off Dubai Coast: US Says Boat's Crew Ignored Warnings, Indian Fishermen Say Shooting Was Unprovoked
July 18 2012 6:42 AM
The U.S. officially Tuesday confirmed that shots were fired by a U.S. Navy vessel, killing an Indian national and injuring three others off a Dubai port Monday afternoon, Indian officials said.
- Iran and Bernanke testimony keeping oil prices steady
July 17 2012 10:46 AM
A bit of geopolitics and an upcoming appearance by US Fed Chairman Ben Bernanke before Congress today has sent the oil bears to the sidelines along with some light buying and fresh enthusiasm from the QE crowd over the last twenty four hours. The short covering started yesterday on news that a US Navy vessel fired on a fishing boat off of the coast of Dubai after the vessel ignored warnings not to approach. According to the UAE state news agency the person killed and the three people injured wer...
- The Energy Report - Strait Talk
July 17 2012 8:44 AM
It is obvious that the simmering tensions in the Strait of Hormuz are starting to boil over. Yesterday a report that a US ship fired on a boat just outside of the strait send Brent and WTI up to a new high for the session. This comes as the market already had a bullish bias in anticipation of what Fed Chairman Ben Bernanke might say about another shot of stimuli against a backdrop of a slowing global economy. The International Monetary Fund lowered growth Forecasts and more European banks have b...
- Wimbledon 2012 Women's Final Prediction, Preview: Serena Williams vs. Agnieszka Radwanska
July 06 2012 4:52 PM
A prediction, preview of women's Wimbledon final.
- Hamas Says Mossad Responsible For Its Senior Leader?s Death; Syrian Opposition Blames Pro-Assad Militia
June 29 2012 3:20 AM
A senior Hamas leader has reportedly been assassinated in the Syrian capital Damascus. The Palestinian group holds Mossad, the Israeli intelligence agency, responsible for the killing.
- 48 Hours In Seoul, Korea
June 28 2012 9:28 AM
From busy lanes along the feet of skyscrapers and a throng of commuters armed with cutting edge technology, to shamanistic shrines and grand palaces, Seoul -- a city of ten million -- is an amalgamation of a modern high-tech metropolis retaining the legacy of age old traditions.
- The High Price Of Getting High In The UAE
June 27 2012 1:23 PM
The two men, who were aged 21 and 19, attempted to sell 20 grams of marijuana for about $400 to a local policeman.
- Oil back on defensive
June 25 2012 10:35 AM
Tropical Storm Debbie in the Gulf of Mexico looked much more threatening to oil and Nat Gas production on Friday which contributed to the short covering rally in both of these commodity classes. However, over the weekend the storm changed its path (as tropical storms often do) and is now on a path toward the east and away from the oil and Nat Gas rich producing region of the Gulf. TS Debbie is currently projected to remain a TS and make landfall around the Florida - Alabama border. At the moment...
- Ghazala Javed: Victim Of Taliban?s War On Women?
June 19 2012 9:34 AM
Fearing the Taliban?s edicts against music, she recorded many of her albums in Dubai.