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Breaking News Sat, 4 Sep 2010
Iraqi workers are seen at the Rumaila oil refinery, near the city of Basra, 550 kilometers (340 miles) southeast of Baghdad, Iraq, Sunday, Dec. 13, 2009.
(photo: AP / Nabil al-Jourani)
Opec to invest $40b in refineries
Gulf News
| Dubai: Members of the Organisation of Petroleum Exporting Countries (Opec) will be investing heavily in downstream activities over the coming years despite uncertainty about the global economic climate, Opec Secretary General Salem Al Badri said in the latest Opec Bulletin. | "Over the next d...
Campbell reports Q4 profit rise on better margins
The News & Observer
| CAMDEN, N.J. -- The Campbell Soup Co. reported a larger fourth-quarter net income Friday, a time when the temperature rises and its soup sales traditionally drop. | Sales did fall by 1 percent, but improved margins, largely due to productivity gain...
Museum and Gallery Listings
The New York Times
| Art Blog | ArtsBeat | The latest on the arts, coverage of live events, critical reviews, multimedia extravaganzas and much more. Join the discussion. More Arts News | Museums and galleries are in Manhattan unless otherwise noted. Full reviews of re...
Swiss economy grew 0.9 percent in second quarter
The News & Observer
| GENEVA -- Official figures show that Switzerland's economy grew by 0.9 percent in the second quarter compared with the first three months of the year, largely on the back of higher domestic demand and corporate investments. | The State Secretariat ...
Summary Box: Stocks extend gains on economic news
The News & Observer
| ANOTHER LIFT: Stocks gained again on Thursday, though not as much as the day before, on the latest hopeful indicators on the economy. | BETTER NEWS: There was moderately better news on home sales, unemployment claims, and factory orderss, reinforci...
IG Markets - Australian Market Wrap Sept. 1, 2010
Scoop
Thursday, 2 September 2010, 11:19 am | Press Release: IG Markets | IG Markets - Australian Market Wrap | Sept. 1, 2010 | Across Asia, regional markets have shrugged off the flat US leads to be higher in early afternoon trade, with Japanese exporters ...
Summary Box: Growth seen for Singapore economy
The News & Observer
| FORECAST: Singapore's economy will likely expand at a record pace of 14.9 percent this year as a surge in demand for the city-state's exports fuels manufacturing, according to a central bank survey of analysts. In June, analysts had forecast just 9...
In this photo released by the Emirates News Agency (WAM), damage is seen on the side of the 'M. Star' oil supertanker offshore Fujairah port in the United Arab Emirates Thursday, July 29, 2010.
AP / Emirates News Agency
Japan supertanker probe reveals smashed hull
The Star
| FUJAIRAH/TOKYO (Reuters) - A Japanese supertanker that reported suffering an "explosion" near the Strait of Hormuz oil shipping route may have hit a submarine or a mine, UAE port...
A fuel storage tank at the Saudi Aramco Shell oil refinery in Jubail, Saudi Arabia, in this photo taken Tuesday, June 1, 2004. Abdallah Ju'mah, president of the Saudi state oil company Aramco, said Monday June 28 2004 that security drills have been conducted, stricter inspections are being carried out and government forces have been deployed to guard against terror atta
AP / Hasan Jamali
Aramco signs contracts with seven firms for Yanbu refinery
Gulf News
| Dubai: Saudi Arabian Oil Co (Saudi Aramco) said yesterday it has signed contracts with several local and international contractors to help it build its estimated $10 billion (Dh3...
How the Consumer Confidence Index is figured
The News & Observer
| The Consumer Confidence Index is released each month by the Conference Board, a private research group. It is based on a survey made up of five questions that haven't changed since the index started in 1967. | Each question counts for 20 percent of...
Pall to supply gas purification technologies for Habshan 5 plant in UAE
Energy Business Review
Pall Corporation has been contracted to supply critical enabling technologies for the Habshan 5 natural gas treatment plant being constructed by Abu Dhabi Gas Industries in the UAE. | A joint venture of Tecnimont, an Italian engineering contractor, a...
UAE gears up for Asian markets
Gulf News
| Dubai The petrochemical industry of the UAE is currently undergoing a massive refinery expansion programme to compete in Asian markets with Saudi Arabia and Qatar, according to the latest UAE Petrochemicals Report released by London-based market re...
Dubai
INDIA-TEA-PLANT
(photo: WN / Bhaskar Mallick)
Dubai's tea trade in first half of 2010 brews up on production hike
Gulf News
| Dubai: The Dubai Tea Trading Centre (DTTC), an initiative of Dubai Multi Commodities Centre (DMCC), yesterday said, it has recorded 6.2 million kilos of tea transaction in the first six months of 2010. | The overall tea trade through Dubai for the first six months of the year increased to 64.2 million kilos, an increase of 11.3 per cent from 58 m...
Abu Dhabi
Luxury brands seek to expand in Dubai
(photo: WN / Rubielyn Bunag)
Luxury brands seek to expand in Dubai
Gulf News
| With their home markets still comatose following the recession, Europe's luxury brands are not missing any opportunity to expand in the Gulf, particularly in Dubai. | In fact, these luxury brands have been most active in the local retail sector, accounting for over 23 per cent of new store openings in the last year, states CB Richard Ellis' lates...



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