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Industry & Trade
Small Israeli Market struggles in the Big Pond
After years of outperformance as a big player in a small investment pond, Israel's financial market is struggling…
Dreams of “Flying Car” Become Reality
Woburn -Massachusetts-based Terrafugia Inc- said on Monday that its prototype flying car has completed its first…
Passengers’ Traffic in Middle East Reaches 23.4% in February
Middle Eastern airlines carried 23.4 % more passengers in February compared to the same period the previous year as…
February Lending to Small Businesses Grew Slowly in US
Lending to small business in the United States barely grew in February, supporting the view that economic growth…
EU Lifts the Ban on Egyptian seeds
European Union issued a decision to lift the ban imposed on the Egyptian cultivar seeds after confirming that the…
Cars’ Sales Decline in 2011 due to Security Dissorder
Cars division in the commercial chambers’ federation said that sales volume of cars has declined to 170,000 within…
WTO urges UAE to liberalize Foreign Investment Regime
The World Trade Organization (WTO) yesterday urged the UAE to liberalize its foreign investment regime and scrap…
Finishing Khalifa Port’s First Phase by the End of 2012
Phase one of Abu Dhabi’s Khalifa Port -that worth Dh26.2 billion- will be completed by the end of this year.…
Avon Rejects Coty’s Bid
Beauty company Coty Inc said on Monday that it had offered to buy Avon Products Inc for $10 billion and was willing…
Asian Outlook Brightens as the European Dims
An eighth straight month of contraction in the euro zone's manufacturing sector eclipsed brighter news from Asia on…