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DUBAI — The Dubai government is making final arrangements to distribute $10 billion to help local companies with cash-flow problems during the current financial meltdown.
ABU DHABI — The Abu Dhabi Yacht Show — the capital’s first boat show devoted to hedonistic super-yachts — kicked off on Thursday, with some of fanciest pleasure craft commanding prices in excess of 
$70 million.
JEDDAH — Kayala Airline, an all-business-class carrier based in Saudi Arabia, has suspended its flights from April 1 due to mounting costs and 
decreased demand.
DUBAI — Tanvir Kanji, head of Inca Tanvir, an independent integrated communications company and marketing and PR consultancy, has won the ‘2009 Dubai Lynx Advertising Person of the Year Award’, organisers of the second Dubai International Advertising 
Festival said.
DUBAI — Qatar’s economy grew 7.8 per cent at current prices in the fourth quarter to 83.2 billion riyals ($22.85 billion), down from a more than 60-per cent surge in the third quarter, as energy prices slumped, official data showed.
DUBAI — Dubai could emerge from the economic crisis stronger and more transparent as a result of a slew of measures currently being implemented by the government, leading legal and financial experts said.
MUSCAT — The firms bidding for new airport in Oman include India’s Larsen & Toubro, South Korea’s Hanjin Heavy Industries and Korea’s Daewoo Engineering & Construction, an official said on Wednesday.
DUBAI — Six of Malaysia’s award winning design houses are set to attract global audience at this year’s Malaysia Services Exhibition (MSE 2009), running from March 17 to 19 at the Dubai Airport Expo.
DUBAI — The impact of the global economic crisis on Sharjah’s tourism sector has been slight, according to Shaikh Sultan bin Ahmed Al Qassimi, Chairman of the Sharjah Commerce and Tourism Development Authority (SCTDA).