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Red carpet for Gulf firms |
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The move comes four years after the six Gulf countries
entered into a common market in 2008 with an objective to
integrate their economies with a single currency, and will
help other GCC companies expand in the UAE market and tap
local resources and funds.................... ................................................
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Dubai will meet debt
maturities in 2012, says report |
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Lebanese Bank Audi
analysts said in a report that Dubai is indeed
likely to be able to manage the rollover of its
2012 debt maturities through a combination of
internal cash generation, potential asset sales
and market refinancing.... ............................................. .................................................more
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UAE, Qatar top world
population growth |
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The UAE and Qatar are believed to have recorded the
world’s highest population growth rate of more than 10
per cent annually during 2000-2010 mainly because of an
economic upsurge and a revision of their number in the
UAE...............
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UAE gets Dh13bn in industrial
capital in 2011 |
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Like other Gulf oil
producers, the UAE has been locked in a long-term
industrial drive to ease reliance on unpredictable oil
export earnings, taking advantage of its abundant energy
resources, cheap labour, developed infrastructure and a
strategic location in the heart of a massive consumer
market............................ .............................................................more |