Restaurant review: The Edge, Zighy Bay, Oman
For a true Arabian fine dining experience The Edge, a restaurant perched at 293 metres overlooking Zighy Bay in Oman, is the latest destination for the followers of Gordon Ramsey and his style of nouvelle…
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Indian astrologers predict a stock market crash
Indian astrologers have been posting gloom and doom on their websites for the first time since August when they got the Chinese stock market correction right. Now they are forecasting a sell-off in Indian stocks…
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Saab will not be the last brand to die in this recession
It is sad to hear that efforts to save the Swedish car maker Saab have come to nothing and that GM will now let this brand die. Only recently it was the future of GM…
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UAE cuts broadband Net prices by 40% but where is e-commerce?
By cutting broadband charges by up to 40 per cent Etisalat is giving a powerful boost to the growth of online media and e-commerce in the UAE. The unexpected price reduction brings its Internet charges…
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Year of the Tiger: watch China for the next financial crash
The Hong Kong Monetary Authority warned in its latest quarterly report that the city may face ’sharp corrections’ in asset prices if hot money from the dollar carry trade decides to make a quick exit.…
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Dubai crisis ends state of denial about the local slump
One refreshing thing to emerge from the Dubai debt crisis of the past few weeks is that people have started to talk about the local real estate crash and the business slump. There is an…
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GCC unity agenda takes small steps forward
The six Gulf Cooperation Council leaders completed their summit in Kuwait City yesterday with only a wooly agreement on the implementation of monetary union for four of the countries, and with no deadline set currency…
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Dubai the cheapest place to own a super car
Every two years Dubai hosts the region’s biggest auto show. It opens today and runs until December 20th. For those who think they have been watching the end of Dubai over the past few weeks,…
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HSBC Premier embraces Islam
HSBC Amanah today announced the launch of HSBC Amanah Premier – the world’s first Islamic banking service aimed at internationally mobile, affluent consumers.
HSBC Amanah Premier, a cross-border Islamic banking and wealth management service, is…
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Ten top tips for investors in 2010
1. Stay out of all equities. This is a monstrous valuation bubble driven up by zero interest rates. Rates have to go up, and stock markets down. Markets will correct when something reminds them that…
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