Shanghai port is world’s busiest
December 24th, 2011 - 6:02 pm ICT by IANS
Shanghai, Dec 24 (IANS) The Shanghai port has handled a record 30 million containers this year and is set to retain the world's busiest port title after overtaking Singapore in ... Read more...
Posted in Business |
Russia questions new US sanctions against Iranian companies
June 25th, 2011 - 8:53 am ICT by IANS
Moscow, June 25 (IANS/RIA Novosti) Unilateral US sanctions against a major Iranian port operator and the country's national airline raise serious questions, the Russian Foreign Ministry said Friday.The ministry said ... Read more...
Posted in World |
Gulf stock markets fall as Libyan crisis deepens
February 23rd, 2011 - 3:47 am ICT by IANS
Dubai, Feb 23 (IANS) Gulf Arab stock markets have been declining since last week despite the surging oil prices that normally support the regional stock indices, Xinhua reported.While political tensions in Bahrain ... Read more...
Posted in Business |
DP World sells 76 pc of Australian operating arm
December 24th, 2010 - 1:30 am ICT by IANS
Dubai, Dec 23 (IANS/WAM) Dubai-based DP World, the world's major port operator, has inked a deal to sell 75 percent of its Australian operating arm to Citi Infrastructure Investors for $1.5 billion.The ... Read more...
Posted in Business |
For the West, Gulf the saviour in this time of crisis ((Repeating for all needing)
November 2nd, 2008 - 5:38 pm ICT by IANS
Dubai, Nov 2 (IANS) As the world grapples with a financial crisis and the word liquidity has entered the common man's vocabulary, Western powers are increasingly looking to the Gulf to shore ... Read more...
Posted in Uncategorized |
Britain-based realtor to invest $300 mn in India
November 1st, 2008 - 10:05 pm ICT by IANS
Chennai, Nov 1 (IANS) Britain-based real estate developer Eredene Capital Plc announced Saturday it will invest $300 million in India's infrastructure sector next year.“This will be our second fund focussed on the ... Read more...
Posted in Uncategorized |
For the West, Gulf the saviour in this time of crisis
November 1st, 2008 - 2:06 pm ICT by IANS
Dubai, Nov 1 (IANS) As the world grapples with a financial crisis and the word liquidity has entered the common man's vocabulary, Western powers are increasingly looking to the Gulf to shore ... Read more...
Posted in World |
IMF mulling guidelines for sovereign wealth funds
May 2nd, 2008 - 1:51 pm ICT by admin
DPA
Washington, May 2 (DPA) International Monetary Fund (IMF) Thursday formed a group to examine the practices of sovereign wealth funds, which have taken up increasing stakes in financial institutions and corporations around ... Read more...
Posted in World |