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JERUSALEM, Israel - Israel and the U.S. remained at odds over the issue of Israeli building in settlements, following a meeting between Israeli Defense Minister Ehud Barak and U.S. special Middle East envoy George Mitchell on Tuesday. Topping the agenda of their four-hour meeting was the issue of construction in Jewish communities in the West Bank (Judea and Samaria). According to a joint statement released after the meeting, the two discussed a "full range of issues related to Middle East peace and security" and "contributions" that Israel, the Palestinians, Arab countries and international community should make to the effort. Specifically, the discussions "covered a wide range of measures needed to create a climate conducive to peace," the statement said. For the Palestinians, that included taking measures regarding... [read full story]
The government of Dubai announced raising another $5 billion as part of its $20 billion bond plan launched earlier this year to support state-linked companies, Reuters reported. The first $10 billion tranche was taken up by the...
Qatar Petroleum International signed an agreement with Thailand's largest industrial conglomerate, Siam Cement, to invest up to $4 billion in a Vietnam petrochemical complex, Reuters reported. Under the agreement, Vietnam state...
With a line-up of the most famous brands scheduled to unveil their latest models, the scale of the 10th anniversary Dubai International Motor Show is exceeding all expectations. Running from December 16 - 20, 2009, at the Dubai...
The UAE Central Bank has signed a contract to implement a new banking system software aimed at improving the financial services. The contract has been signed with Oracle Financial Services Software Limited to implement the...
