Gulf oil producers are gradually tearing down barriers for foreign oil companies as they need their technology to resuscitate their ageing oilfields and capital to fund costly gas projects, according to an official report. Nearly three decades after they were kicked out of most regional states
Robert Mugabe’s Zimbabwe election victory was "an exercise in power-grabbing" which it is impossible to recognise, the European Commission said Monday, calling on the African Union to seek a political solution. "It is not possible to recognise the legitimacy of the result of
A cargo plane crashed into an empty area near the airport in Sudan’s capital Khartoum on Monday, exploding into a fireball, witnesses said. It was not immediately known how many people were on board the aircraft and whether they had survived or been killed. "The plane was taking
Pakistani forces destroyed a house belonging to the head of an Islamic militant group in Pakistan’s Khyber district on Monday, killing at least six people, residents and an official said. An AFP photographer saw six coffins lined up outside the rubble of the building in Par Qambarkhel area
Pakistan’s Supreme Court on Monday adjourned an appeal against a ruling that barred former premier Nawaz Sharif from standing in a parliamentary by-election. The case will be heard again in two weeks’ time, said Musa Leghari, the presiding judge of a three-member panel hearing the case.
Nick Peters and Elham Ali Abdulrahman were two lucky winners of Dh50,000 worth of shopping vouchers each as part of the official launch of Khan Murjan in Wafi, Dubai. Wafi offered visitors to Khan Murjan the chance to win ‘The Treasure of Khan Murjan’? two prizes of Dh50,000 each in Wafi
Diesel prices from the oil retailers ? Emarat, Emirates National Oil Company (Enoc) and Emirates Petroleum Products Company (Eppco) ? went up by another 75 fils with effect from yesterday as the oil marketing companies in Dubai increased diesel price to Dh19.25 per gallon from Dh18.50 to meet the
Selling prices for residential plots in Tiger Woods Dubai, a private residential golf course development in Dubailand, have jumped by 30 per cent since it was launched, a top company official said. "We started selling land in the project at Dh650 per square foot and today it has reached
The Abu Dhabi Securities Exchange (ADX) fell for the ninth session running following major losses in its energy, banking and real estate stocks. Yesterday’s 1.07 per cent decline was also the bourse’s largest during its current losing streak. It closed on 4,904 points, its lowest finish since
Acting Secretary-General of the Ministry of Labour Humaid bin Dimas, has reiterated the ministry would continue observing the work ban during the afternoon with effect from July to end of August. He said in a meeting held in Dubai yesterday that Labour Minister Saqr Ghobash had issued directives