Mubadala and MAF Group in joint venture deal

Submitted by WAM on

Abu Dhabi, Aug 4, 2008 (WAM) - Mubadala Development Company and Majid Al Futtaim Group have signed a joint venture agreement to develop mixed-use project in Abu Dhabi.

Taqa to borrow US$4.5bn to finance expansion

Submitted by WAM on

Abu Dhabi, August 3, 2008 (WAM) - The Abu Dhabi National Energy Company (Taqa) said yesterday it would borrow US$4.5 billion (Dh16.5 billion) to fund an aggressive investment drive that could lift

Demand for fuel in UAE increased 4.6% in 2007

Submitted by WAM on

Abu Dhabi, Aug 4, 2008 (WAM) - UAE fuel demand grew by around 4.6 per cent to more than 223,000 barrels per day in 2007 and industry sources expect it to swell by over five per cent this year.

Abu Dhabi, Nigeria discuss economic cooperation

Submitted by WAM on

Abu Dhabi, Aug 4, 2008 (WAM) - Ways to further promote trade and economic relations between Abu Dhabi and Nigeria yesterday were discussed by Director General of Abu Dhabi Chamber of Commerce and I

GDP of GCC reaches $735 billion

Submitted by SPA on

MANAMA, August 04, SPA -- The Gulf region, with an average sustained growth of 5.5 percent annually, has become one of the most robust economic blocs in the world.

Govt can handle tough economic times: PM

Submitted by AAP on

(APP) - The Rudd government says it's well placed to steer Australia through what are difficult economic times amid mounting speculation the nation could be lurching towards recession.

Govt can handle tough economic times: PM

Submitted by AAP on

(APP) - The Rudd government says it's well placed to steer Australia through what are difficult economic times amid mounting speculation the nation could be lurching towards recession.

WB vision for industrial zones in Yemen

Submitted by SABA on

ADEN, Aug 04 (Saba) - The World Bank WB has unveiled a vision to
create a project of preparing models for industrial and economic

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