Month: March 2009

Indonesian Coal to power Ras al Khaimah

March 23rd 09 Ras al Khaimah Minerals & Metals Investments (RMMI) is to supply coal from Indonesia to power Ras al Khaimah’s first coal-fired power plant. The RAK investment is part of a $1 billion major mining project taking part in Indonesia, Congo and Armenia and aims to promote long term energy supplies to the… Read more »

Turkish exports to Iraq rise by 75 per cent

23rd March 09 Turkey has witnessed a 75 per cent increase in exports to Iraq in the first two months of 2009 it was reported today. Compared to January and February 2008 export figures of $473 million, 2009 has seen export figures sore to $830 million over the same period, with a 75 per cent… Read more »

North East England celebrate new direct air link from Newcastle to Dubai

23rd March 09 Emirates airline and One North East, the development agency for North East England celebrated the new direct air link between Dubai and Newcastle International Airport with an event at a luxury hotel in Dubai. Emirates representatives joined One North East members as well as several Dubai business profiles at the exclusive launch… Read more »

Aegean Coast of Turkey New Retirement Hotspot

Britons looking to retire abroad are flocking to the Aegean Coast of Turkey it has been reported. Turkey’s climate and euro free currency are obvious attractions to the region, persuading many Britons to invest in Turkish property and move overseas. It has been reported that one in eight British people over 55 will live abroad… Read more »

Flydubai Crew Ready for Take Off

19th March 09 In preparation for its launch this year, low cost airline Flydubai has now completed selecting its pilots and crew it was announced yesterday. Over 11,500 keen pilots and crew members applied for positions within the Dubai airline in time for their first flight in mid 2009. 61 Captains and 18 First Officers… Read more »

Turkish Banks Invest in Energy Projects

18th March 09 Banks in Turkey are to provide funds for energy projects by utilising their own resources and those of the European Investment Bank and the World Bank as well as foreign lenders and development agencies. Turkish banks have been lending support to the energy projects after demand in the industry surged and cash… Read more »

Poti Free Industrial Zone Project unveiled by RAKIA

16th March 09 RAKIA, an affiliate of state owned real estate company Rakeen, have announced a USD 200m investment in to Poti Free Industrial Zone (FIZ) in Georgia. This Ras al Khaimah investment is set to boost the project, which is the first Free Industrial Zone in Georgia and the Caucasus Region. The project will… Read more »

Turkish Counsellor awarded the ‘Golden Needle’

12th March 2009 On the first day of the International Tourism Exchange (ITB) exhibition in Berlin, the Project Leader of the ITB Messe Berlin GmbH awarded the “Golden Needle” to Erol Ozudogru, the Counsellor of Turkey. This was awarded to highlight the special commitment of the Counsellor for his successful work for the ITB. This… Read more »