Main headlines

November 18, 2014

The helicopter can carry four people and is capable of flying up to 14,000 feet. It has a 300-horsepower engine.
18:38 GMT

Since 1992, Iran has begun a self-sufficient military program under which it produces everything from mortars to torpedoes and jet fighters to submarines.

China will double its investment in Iran's energy projects, an Iranian official said Sunday.
17:58 GMT

Faced with tough international financial penalties, Iran has turned in recent years to China, Russia and Turkey to finance major projects.

The proposed cloud will be built using capacity on international fibre optic cables incorporating geographical diversity and resilience.
04:55 GMT

The deal marks one of the largest and most significant implementations ever announced by a broadcaster.
 


November 17, 2014

The 12-nation OPEC group, including the world's biggest crude producer Saudi Arabia, will meet on November 27 in Vienna
22:32 GMT

He said he expected OPEC members to stick with the current output ceiling.

The project includes a new port, a new base for the Qatar Emiri Naval Forces and the Qatar Economic Zone 3.
22:19 GMT

One of the largest infrastructure projects,the New Port project will be built on a sprawling 26 km area at an estimated cost of $7.41 billion.

The new website, that will look very much like Facebook, will compete with professional social network LinkedIn, Google and Microsoft.
21:28 GMT

Facebook is secretly working on a new website called "Facebook at Work" that would allow users to keep their personal profile separate from their work profile.

The UAE is a thriving export market for fake goods, usually exported from other parts of the world and shipped on other countries.
04:55 GMT

The Dubai index of intellectual property rights will monitor the level of intellectual property rights protection in the emirate.

Zanganeh visited Qatar and Kuwait last week, ahead of the meeting, in a bid to win support for action to stabilise oil markets.
04:55 GMT

Iran’s oil minister accused some countries on Sunday of making up excuses to justify their refusal to stabilise prices by cutting output.

Souq.com has also boosted its headcount to over 2,000 employees to cope with orders for the weekend, with additional warehouse space rented.
04:55 GMT

Online retailer Souq.com has announced plans to bring one of America’s biggest shopping days to the Middle East in a bid to boost e-commerce.

November 16, 2014

Innovation is the UAE Vision 2021 focus. (AFP/File)
10:03 GMT

The UAE is already a hub for development and excellence but the nation also pays a lot of attention to innovation, which is key for the economy.

Drake & Skull made profits of $4.38 million in Q3, according to a Reuters poll. (AFP/File)
08:45 GMT

Leading construction and integrated design firm Drake & Skull profits dropped by 10 percent in the third quarter of 2014.

Jordan Phosphate Mines Company was founded in 1949. (File)
08:17 GMT

Jordan Phosphate Mines Company profits rose by 217.3 percent in the first nine months of 2014 due to maximized operations.

Etihad is now the biggest shareholder in Alitalia. (AFP/File)
07:59 GMT

Etihad Airways became the largest shareholder in Alitalia in a €1.7 billion rescue bid, following talks over the last year.

The four-day event was held in Riyadh. (AFP/File)
07:30 GMT

Saudi Arabia's 26th International Construction Technology and Building Materials Trade Exhibition successfully concluded following the four-day run in Riyadh.

Tony Abbott makes a speech during the 2014 G20 summit. (AFP/File)
06:54 GMT

Tony Abbott vowed that countries would add $2 trillion to global GDP during the G20 summit in Brisbane.