UNITED ARAB EMIRATES

Sensex Drops; Bharti, Kingfisher Down; SBI up

Stock brokers
The BSE Sensex was headed for a second day of decline on Thursday as investors booked profits from recent rallies as concerns mounted over the state of the global economy, including rising oil prices.
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Exclusive: Brazil jets deal heats up as Boeing freezes bid

Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.
Ahmadinejad in Tehran

Iran Using Gold, Oil to Pay for Grain

Iran is seeking to close grain purchases using gold and oil as payment, and has paid in yen for a large volume of wheat in its first deal since western sanctions against Tehran started choking imports of food staples, European wheat exporters said.
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RIM tells European developers it's ready to compete

Next-generation software for BlackBerry's smartphones is ready to compete, Research In Motion's new chief executive, Thorsten Heins, told more than 2,000 technical developers on Tuesday, expressing confidence in RIM's long-term future.
Syria Bloodshed: What can be done?

Assad Agrees to Russia's Bid to End Violence

Syria's President Bashar al-Assad promised to stop the bloodshed that has engulfed his country for the past 11 months. Assad reached an agreement with Russian Foreign Minister Sergei Lavrov, who was in Damascus on Tuesday.
The Burj Khalifa, the world's tallest tower at a height of 828 metres (2,717 ft), is seen in Dubai February 5, 2012.

Slowing Growth Weighs on M&A Values in Middle East: Report

Mergers and acquisitions in the Middle East and North Africa rose slightly in 2011, but the combined value of deals fell by more than one-quarter as slower economic growth weighed on prices, Ernst & Young said on Sunday. Deal values fell to $31.7 billion last year compared with $44.1 billion a year earlier.
Syria's President Bashar al-Assad

U.S. and Allies Exploring Prospects for Assad Exile

The United States, European governments and Arab states have begun discussing the possibility of exile for Bashar al-Assad despite skepticism that the defiant Syrian president is ready to consider such an offer, Western officials say.
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Big Pharma Donates Drugs for Neglected Diseases

The world's major pharmaceutical companies joined forces with governments and leading global health organizations Monday to donate drugs and scientific know-how to help control or wipe out 10 neglected tropical diseases by 2020.
Iran Japan UAE

Japan to Cut Iran Oil Imports

Japan has joined the U.S. in its economic efforts to pressure Iran to abandon its nuclear program by agreeing to buy less Iranian oil.
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Honda aims to kick-start Acura with new models

Honda Motor Co <7267.T> unveiled three Acura models at the Detroit auto show on Monday including an entry-level sedan and an NSX supercar as it aims to put the struggling premium brand back on the map in the crowded U.S. luxury market.
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Israel vows to hit back after credit cards hacked

Israel said on Saturday the online publication of thousands of its citizens' credit card details by a hacker who says he is based in Saudi Arabia was comparable to terrorism, and promised to hit back.

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