Month: October 2008

Christie’s Dubai Art Sale takes $16.9 Million

Christie's International sold $16.9 million of paintings and jewels in a two-day sale in Dubai . "This is our best collection of Arab and Iranian art ever," said Michael Jeha, Managing Director of Christie's Middle East. London based Christie's has held two sales of jewellery and art a year in Dubai since 2006. Dubai's first… Read more »

New online admissions for George Mason University Ras Al Khaimah campus

The George Mason University Ras Al Khaimah Campus is one of the participating universities that now allow applicants to apply for admission through online applications, which makes the process much simpler for overseas candidates. An essay will be one of the most important parts of the application. It allows candidates the chance to tell the… Read more »

Turkey publishes economic program for 2009

Turkey's economic program for the year 2009 was published in the Official Gazette on Friday and shows that the government in Turkey has set its economic growth target as 4 percent for 2009. The government estimated that Turkey's gross domestic product would reach 788.4 billion USD. According to the program, Turkey's exports will reach 149… Read more »

Dubai Economic Council to present a comprehensive economic action plan

Hani Al Hamili, Secretary-General of the Dubai Economic Council said that the economic council would present to the Dubai government next week a comprehensive economic action plan. The Dubai Economic Council advises the Government of Dubai on forward-looking economic strategies, advocates sound policies that promote business environment, productivity and investment climate, and enhances Dubai’s competitiveness… Read more »

Guardian glass plant unveiled in Ras Al Khaimah

Ras Al Khaimah crown prince and deputy ruler Sheikh Saud bin Saqr Al Qasimi officially unveiled the new $150 million float glass plant of Guardian RAK. The Guardian RAK plant, which began full production in September 2007, produces 700 tonnes of glass per day, used in automotive, commercial, residential and furniture applications. Sheikh Saud said,… Read more »

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… Read more »

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… Read more »

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… Read more »