Egypt parliament vote likley in November

Egypt’s parliamentary election may not be held until November, about two months later than originally planned, an army source said on Wednesday after some political groups called for the vote

Germany, Italy may resist 2nd IEA oil release

Germany and Italy are expected to oppose any second release of emergency oil reserves by the International Energy Agency, which needs the backing of all 28 members if it is

Europe’s SMEs keen on UAE to help drive growth

The UAE was named the fifth most attractive emerging market to do business with in the coming year by European small and medium-sized businesses, according to a new study. The

Investors ‘moving back to commodities’

Many pension funds have become increasingly fickle in managing commodity investments and are now piling back into the sector after selling off in May, said Marex Spectron, the largest privately

Consumer confidence at lowest since 2009

Global consumer confidence fell in the second quarter to its lowest level in a year and a half as an uncertain economic outlook, a deepening euro zone debt crisis and

Man City unveils details of record Etihad deal

English soccer team Manchester City today released plans for the neighbourhood around its Etihad Stadium that would form the central part of a record sponsorship agreement. City, a Premier League

Dubai Mall draws 54m visitors; hits world record

The Dubai Mall, a leading shopping and leisure destination, welcomed more than 54 million visitors in 2011, marking a rise of 15 per cent over the visitor numbers for 2010,

Saudi Arabia and Qatar to set the tone

Traders will look towards second-quarter results for direction this week as macroeconomic factors including the Greek debt crisis recede and play a diminishing role in decision making. Companies in Saudi

Arab Business Club to host its monthly business networking event in Dubai

The Arab Business Club will host once again its monthly business networking event on 26th of April, 2011 at the Shangri-La Hotel, Sheikh Zayed Road, Dubai.

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