UNITED ARAB EMIRATES

Global hoteliers are pinning their hopes on the east's underserved leisure markets to offset falling revenue as holidaymakers and business travelers cut back to save money in the global downturn.

The German government is examining competing plans to invest in carmaker Opel and aims to decide by the end of the month whether to provide the firm with financing guarantees, a leading Social Democrat said.

Dubai-listed Air Arabia AIRA.DU, the Middle East's largest low-cost carrier by market value, earned 103 million dirhams ($28 million) in the first quarter, up 32 percent from the year-earlier period.

Saudi Arabia is a Middle Eastern country that occupies most of the Arabian peninsula and has both Persian Gulf and Red Sea coast lines. Its surrounding countries are Jordan to the northwest, Iraq to the northeast, Kuwait and Qatar to the east, United Arab Emirates to the south east, Oman and Yemen to the south.

Mexico said a new flu virus has killed up to 149 people and it ordered all schools to close across the country on Monday as the disease spread in the United States, Canada and Europe, raising fears of a pandemic.

Oil slid over 7 percent to $46 a barrel on Monday, depressed by a rising U.S. dollar and growing caution about the pace of any economic recovery and its impact on oil demand.

Oil slid nearly 8 percent to $46 a barrel on Monday, depressed by a rising U.S. dollar and growing caution about the pace of any economic recovery and its impact on oil demand.

Gulf investors are launching a new $10 billion Islamic investment bank and plan a $3 billion initial public offering in the fourth quarter to tap interest in sharia-compliant institutions, bank executives said on Sunday.

Gulf investors are launching a new $10 billion Islamic bank and plan a $3 billion initial public offering in the fourth quarter to tap growing interest in sharia-compliant institutions, bank executives said on Sunday.

Canadian police, acting on a tip-off from the United States, charged a Toronto man on Friday with trying to illegally export nuclear technology to Iran.

Textron Inc shares rose more than 48 percent on Thursday after a report that a consortium of companies were offering to buy the world's largest Helicopter and private jets maker.

There is a gaping hole where one of the world's tallest buildings is supposed to go up.

A Yemeni court sentenced an Islamist to death and handed down jail sentences against two others on Monday after convicting them of seeking to work for Israeli intelligence services.

Daimler will raise 1.95 billion euros ($2.67 billion) in fresh capital through the sale of a 9.1 percent stake to Abu Dhabi's Aabar Investments PJSC , the two companies said on Sunday.

Shabana Ahmadzai, 19, and Sara Bahmanpour, 20, like to hang out on a social network a fraction the size of Facebook. Their portraits enhanced by makeup or anime images, the women are logging on at Muxlim, a lifestyle community for Muslims.

Syria President Bashar al-Assad said in an interview published on Monday that a peace deal with Israel was possible but that normal relations would only be possible if Israel ended its conflict with the Palestinians.

Microsoft announced at the CeBIT trade show in Hanover on Monday that it's rolling out its Surface computer to 12 new markets in Europe, the Middle East and Africa.

Abu Dhabi is assessing it's $7.5 billion investment in troubled U.S. banking giant Citigroup through convertible bonds that pay 11 percent interest but nothing has changed from its perspective, a source told Reuters on Sunday.

Abu Dhabi is assessing its $7.5 billion investment in Citigroup as the bank's problems deepen and consequences of a possible nationalization become clearer, according to sources close to the Abu Dhabi Investment Authority.

Abu Dhabi is assessing its $7.5 billion investment in Citigroup as the bank's problems deepen and consequences of a possible nationalization become clearer, according to sources close to the Abu Dhabi Investment Authority .

U.S. oil prices jumped more than 6 percent to above $45 a barrel on Thursday on expectations OPEC will cut output again and on signs of a rebound in gasoline demand in top consumer the United States.