UNITED ARAB EMIRATES

Etisalat upbeat on Zain deal success

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UAE telecoms operator Etisalat, which is looking to buy a controlling stake in Kuwait's Zain, sees at least a 60 percent chance of sealing the deal once the due diligence has been completed.
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India demands full BlackBerry access, Pakistan

India rejected on Monday Research In Motion's offer to allow it only partial access to its BlackBerry data services as neighboring Pakistan also moved to restrict the popular smartphone's services.

Six Al-Jazeera reporters detained in Egypt

Al-Jazeera, the Qatar-based Arabic news network which has already been shut down in Egypt, said six of its English-speaking journalists have been arrested in Egypt, amidst continuing unrest in the country.

Oman uncovers UAE spy network

The state news agency of Oman reported that authorities in the country have discovered a spy ring working from its neighbor, the United Arab Emirates (UAE).

Weather boosts Kenya tea output to record in 2010

Favourable weather and currencies boosted Kenya's 2010 tea crop and export earnings to record levels, and the sector overtook horticulture as the country's top hard currency earner, officials said on Monday.

S. Korea rescues hijacked ship from Somali pirates

Special Forces from South Korea stormed a cargo ship taken over by pirates in the Arabian Sea and rescued the 21-member crew. The rescue attempt occurred a week after the cargo ship, Samho Jewelry, was hijacked by Somali pirates. The ship had eight South Koreans, two Indonesians and 11 people from Myanmar and was carrying chemicals from the UAE towards Sri Lanka.

Dubai Shopping Festival kick starts

The sixteenth international Dubai Shopping (DSF) Festival is all set to kick start at the Burj Khalifa, Dubai Creek Park, Global Village, and the Dubai Outlet Mall on Thursday.
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Gulf states, Saudi can withstand Tunisia effect

Saudi Arabia has taken in Tunisia's fallen strong man, but the oil wealth of the kingdom and its neighbours should ensure the poverty-driven unrest which ousted Zine al-Abidine Ben Ali does not follow him to the Gulf.
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Oil prices rising too high, too fast: Total CEO

Global oil prices have risen too high, too quickly but increased OPEC output will not stem the rise as the climb is driven by demand, the chief executive of French oil major Total said on Sunday.
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World can live with $100 oil: Libya

Oil prices at $100 a barrel would not harm the world economy and there is no need for OPEC to hold an emergency meeting or add supplies, Libya's top oil official said on Thursday.

RIM gives India access but not to secure e-mails

BlackBerry maker Research In Motion said it has given India the means to access its Messenger service and reiterated that no changes could be made to allow monitoring of secure corporate emails.
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RIM says gives India solution for Messenger access

BlackBerry-maker Research In Motion said on Thursday it had given a solution to India ahead of a January 31 target date for access to consumer services including BlackBerry Messenger, but reiterated that no changes can be made to the security system for corporate emails.
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India is net job creator for US firms, says Nasscom

India’s trade body National Association of Software and Services Companies (Nasscom) has refuted public perception in the US that outsourcing jobs to India are contributing to job losses for US companies and that free trade agreements were responsible for America’s current economic woes.
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Oil at $90 brings small OPEC supply rise: survey

OPEC output has risen slightly in December as Nigerian supply has increased, a Reuters survey found, indicating the group has yet to boost production substantially in response to prices at a 26-month high.
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OPEC output up slightly in December: Reuters survey

OPEC output has risen slightly in December as Nigerian supply increased, a Reuters survey found on Thursday, indicating the group has yet to boost production substantially in response to prices at a 26-month high.
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World economy can withstand $100 oil price: Kuwait

The global economy can withstand an oil price of $100 a barrel, Kuwait's oil minister said on Saturday, as other exporters indicated global production was unlikely to rise in 2011 because the market was well supplied.
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No sign of OPEC concern with oil heading for $100

Core OPEC ministers said on Friday they saw no need to supply the world with more crude as oil prices traded near a two-year high and some consumers said they fear a rally above $100 per barrel would spur inflation.

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