JID News
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As the world slows down, UAE picks up the pace
- June 19, 2006
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Mina Jehan
JID NewsThe world economy is en route to a downward spiral due to rising oil prices, falling stock markets and trade imbalances. This will result in a slight 5.0 percent increase in the global economic growth, the International Monetary Fund is saying.
According to the IMF, the economic dangers have...
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Possibility of an Islamic Common Market
- June 19, 2006
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Colin Neville
JID NewsThe prospect of an Islamic common market will be discussed this June at the Organization for the Islamic Conference (OIC) in Baku, Azerbaijan. Foreign ministers from member nations, which total over 50 nations, will discuss several issues of importance, including local, regional, national, and international concerns.
Among issues on...
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New Trump Hotel to be the Centerpiece of the Palm Jumeirah
- June 17, 2006
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Colin Neville
JID News
Two of the biggest players in the property development game, Nakheel and the Trump Organization, have decided to collaborate on a new project in the heart of Dubai.One of the most exciting real estate developments occurring in Dubai, UAE at the moment is that of the Palm Jumeirah...
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GCC Members to be Connected with Railway System
- June 16, 2006
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Maryam Ali
JID NewsIt was recently announced by the Kuwaiti Minister of Transport that at the next Gulf Cooperation Council (GCC) meeting of transportation ministers that they would discuss the future railway system that shall connect all GCC members.
Dr. Ismael Al-Shatti, the Kuwaiti Minister of Transport, announced that first there would...
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Dubai Studio City – What Opportunities Lay Behind This Door?
- June 15, 2006
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Maryam Ali
JID News
Dubai Studio City comes after the creation of Dubai Media City. Both of these zones are part of the super company Dubai Holding. As Toronto and Vancouver, Canada can be considered Hollywood North, Dubai Studio City will certainly be the Hollywood of the Middle East. It will be dedicated...
