Growth continues in Turkey's tourism industry
The tourism industry in Turkey continues to grow despite the ongoing global crisis. Ibrahim Acar, the director of the Antalya Culture and Tourism Directorate said, "Although the economic crisis has hit various industries across the world, it is not the case for tourism in Turkey’s Mediterranean province of Antalya, which is experiencing an annual increase [...]
Paradigm Provides Strategic Consulting to Dubai Petroleum Establishment
Dubai's national oil company, Dubai Petroleum Establishment, has extended its strategic consulting contract with Earth Decision Sciences, FZ-LLC, an affiliate of Paradigm, a leading provider of enterprise software solutions to the global oil and natural gas exploration and production industry. This contract marks the first Paradigm strategic consulting project to be identified, executed and completed [...]
Turkey and Vietnam to boost trade ties
Turkish Ambassdor Ates Oktem said that bilateral trade between Turkey and Vietnam is expected to double to $400 million this year and the two countries expect to raise this figure to $1 billion. Turkish Airlines are preparing to start direct flights soon which will further boost trade between the two countries. Vietnam's Minister of Industry [...]
Ras Al Khaimah holds symposium on Productive Families
In cooperation with the UAE Ministry of Social Affairs, the Ruwad Establishment organized a symposium on 'Productive Families' at the Ras Al Khaimah Exhibition Centre with the aim of further improving the skills of productive families to enable them to effectively support sustainable economic growth in the UAE. H.E. Ahmed Mohammed Al Midfa, Deputy Chairman [...]
Profits up 65 percent in nine months says RAKBANK
The National Bank of Ras al Khaimah Investment Property (RAKBANK) reported net profit of AED 480.65 million ($130.97 million) for the nine months ended 30 September 2008, which equates to a 65 percent increase over the same period in 2007. Its net interest income rose 62 percent to AED 645 million. RAKBANK claims that it [...]