JID News
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Dubai: Perfume Capital of the Middle East
- August 9, 2006
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Tasneem Farouq
When many people think of perfumes, the image of the massive perfume houses of Chanel, L’Oreal and Dior come to mind. These are all located in the nation of France. However, Dubai’s perfume industry is booming as well.
It is approximately worth $250 million USD. The entire perfume industry is...
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Bush Encourages the Concept of Middle East Free Trade Area
- August 9, 2006
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Tasneem Farouq
The United States and the nation of Oman are in the process of working on a free trade agreement between the two countries.
US President George W. Bush sent a bill to the American Senate to see it approved. The approval of the bill would hopefully lead to the creation of...
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Larsen & Toubro to Further Expand into Kuwait
- August 9, 2006
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Sofia Mendelev
JID NewsLarsen & Toubro Limited is based and headquartered in Mumbai, India. It is India’s largest engineering and construction conglomerate. They are a highly knowledge-based firm which is renowned for its sophisticated and timely projects. It has revenue of upwards of $3.5 billion USD.
Now, this giant of a conglomerate is...
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GCC Economies Flourish
- August 9, 2006
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Sofia Mendelev
JID NewsThe Gulf Cooperation Council (GCC) consists of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Combined, these six nations have control of almost 50% of the Earth’s oil deposits. In this day and age of high-paced consumption, construction, and human beings’ seemingly endless dependency on transportation...
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Dubai: The Diamond Capital of the World?
- August 9, 2006
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Sofia Mendelev
JID NewsFor centuries the Belgian city of Antwerp has been regarded as the top centre of the global diamond industry. It outweighs cities such as New York and London, and countries such as South Africa when it comes to diamond-related commerce.
Antwerp doesn’t have a vast wealth of raw...
