ADMA OPCO awards US$21m contract to Metito

Submitted by WAM on

Abu Dhabi, Dec 30, 2008 (WAM) - Abu Dhabi Marine Operating Company (ADMA OPCO) today said it has awarded an engineering, procurement and construction (EPC) contract on Das Island worth US$21 millio

Emarat slashes diesel prices again

Submitted by WAM on

Dubai, Dec 30, 2008 (WAM) - Emirates General Petroleum Corporation (Emarat) yesterday announced a second cut in diesel prices within a fortnight.

Tanzanian Defence minister invited to attend IDEX 2009

Submitted by WAM on

Dar Es Salam, Dec 30, 2008 (WAM): UAE Ambassador to Tanzania MalAllah Mubarak Suwaidi Al Ameri delivered yesterday an invitation from Vice President and Prime Minister of UAE and Ruler of Dubai HH

Seoul shares inch down on bank, builder losses

Submitted by YONHAP on

SEOUL, Dec. 29 (Yonhap) -- South Korean stocks ended lower for a fifth straight session on Monday as investors unloaded banks, builders and other large-cap shares amid a dimmed economic outlook.

Seoul shares inch down on bank, builder losses

Submitted by YONHAP on

SEOUL, Dec. 29 (Yonhap) -- South Korean stocks ended lower for a fifth straight session on Monday as investors unloaded banks, builders and other large-cap shares amid a dimmed economic outlook.

Hyundai Motor cuts output, 2,000 jobs in India

Submitted by YONHAP on

SEOUL, Dec. 29 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, said Monday it has slashed production at its Indian plant by as much as 25 percent amid sinking demand for new vehicles.

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