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Sharjah freehold law awaiting Ruler’s approval

The Sharjah Government has structured a new property freehold law that is awaiting approval by the emirate’s ruler, informed sources said. « The freehold law has been worked out and is awaiting the Ruler’s approval, » a person close to the process told Emirates Business. The person declined to say whether the law will offer property ownership …

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Tests in Abu Dhabi?

West Indies have offered to play Pakistan in two Tests in Abu Dhabi next month, said a top official of the Pakistan Cricket Board (PCB). « We hope the proposal materialises and we find some sponsor for the Test matches, » said PCB’s newly appointed Chairman Ijaz Butt. « It will give our players an ideal opportunity to …

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The Big Debate: Could the UAE ever have its own Silicon Valley?

25,000 products, 3,300 companies, 83 countries, 130,000 visitors. Gitex 2008, organisers claimed, would shrug off the global economic typhoon and emerge triumphant. Certainly this is possible and Gitex has always proved that the technology sector is no exception when it comes to Dubai’s reputation as a regional enterprise hub. But many would challenge the idea …

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Saudi Aramco likely to seek higher prices for jet fuel

SINGAPORE: Saudi Aramco will kick off term jet fuel negotiations with trading firms in mid-November, and is likely to seek higher prices despite a global slowdown, traders said yesterday. Aramco may ask for higher term prices compared with the current year’s supply contract, on expectations of falling jet fuel exports from the United Arab Emirates, …

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Bahrain gateway for Australian ICT firms

MANAMA: Global IT companies are to select Bahrain as their regional headquarters for Middle East activities.An agreement to this effect has been signed by a Bahraini firm with the Government of Victoria in Australia at the GITEX Dubai 2008. Gulf Future Business (GFB), participating in « Bahrain Gallery », reached an agreement to attract Australian Information and …

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