Month: December 2008

Dubai Autodrome prepares for the Grand Racing weekend

The Dubai Autodrome is preparing for the Grand Racing at the circuit, this weekend. Eighty racing teams will take part in the event and team crews will work to prepare their cars for practice and qualifying which starts on Thursday as a prelude to the main events on Friday and Saturday. Last season the inaugural… Read more »

Abu Dhabi Bank to open new branch in Ras Al Khaimah

The Abu Dhabi Islamic Bank, the region's leading Islamic bank, has announced today the inauguration of a new state-of-the-art branch in Ras Al Khaimah, in line with its strategy to expand its services in the Northern Emirates. “This year, our expansion plan will focus on the Northern Emirates market due to the great potential and… Read more »

Turkey and Mongolia to increase trade volume

Turkish State Minister Hayati Yazici said yesterday that the government expects to increase trade volume between Turkey and Mongolia to $50 million within the next three years. Yazıcı said the trade volume, which was only $3 million in 2004, had reached $10 million in 2007. At the fifth Turkey-Mongolia Joint Economic Commission meeting in Ankara,… Read more »

Dubai International Film Festival partners with Harry Winston

The Dubai International Film Festival (DIFF) has teamed up with international luxury jeweller Harry Winston for the Dubai International Film Festival's landmark fifth edition. Harry Winston feels that DIFF is a wonderful celebration of international film and culture and its partnership at this event continues Harry Winston's red carpet traditions by honouring this year's achievements… Read more »

Ras Al Khaimah Investment Authority take over Poti port

Georgia has sold the remaining 49 percent of its Black Sea port of Poti to the Ras Al Khaimah Investment Authority for $65 million. Ras Al Khaimah Investment now owns all the shares in the port. Earlier this year Ras Al Khaimah Investment purchased the controlling 51 percent stake in the port from the government… Read more »

Turkey to increase trade with Sri Lanka

Turkish President Abdullah Gul hosted an official banquet in honour of President Mahinda Rajapaksa of Sri Lanka who is currently paying a state visit to Turkey . President Rajapaksa said that Turkey had reached its desired position in the international platform as a distinguished member of the global community. President Gul said, "Mr Rajapaksa is… Read more »

Dubai to host Drink Technology Expo 2008

The Dubai Drink Technology Expo on 14th – 16th December 2008, at the Dubai International Convention and Exhibition Centre, is the first Drink expo ever specialized in beverage technology, liquid food and mineral water in the Middle East and North Africa Region. The Dubai Drink Technology Expo 2008 is a unique event and meeting place… Read more »

Space centre to attract tourists to Ras Al Khaimah

The United States is planning the development of space centres in the Middle East. The U.S Space and Rocket Centre have been working with areas in the Gulf and North Africa to establish space centres that will attract tourists interested in space and aviation. Organizers said the first space centre would be established in the… Read more »