June 30th, 2007
"We are very pleased to be cementing this agreement with our esteemed partners in Bahrain, which further extends Dana Gas's reach into the region and enhances our role as a truly regional natural gas company"
Dana Gas, the largest regional private-sector natural gas company in the Middle East, has announced the completed acquisition of its Bahraini affiliate, Danagaz Bahrain. via AME Info
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June 30th, 2007
The controversial Salik road toll came into operation in Dubai at midnight last night. Toll gates have been established at the fourth interchange on Sheikh Zayed Road and on Al Garhoud Bridge, with motorists being charged Dhs4 per journey, and a maximum of Dhs24 in a day. Motorists who have not purchased special Salik tags and attached them to their windscreens will be fined Dhs100 for passing under the toll gates.

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June 30th, 2007
Petrol stations in Dubai were yesterday, Saturday, reporting a very brisk trade in Salik road toll tags, reported Gulf News. Shop managers said a large number of motorists had decided to buy their tags at the last minute, the day before the system came into operation. Drivers can buy the tags at selected Enoc, Emarat and Eppco stations, as well as the Dubai Islamic Bank and Emirates Bank.
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June 30th, 2007
UAE national students who achieve the highest marks in the General Secondary School Certificate examinations will be awarded a cash prize of Dhs100,000, a scholarship and a laptop, according to the local WAM news agency. The award has been introduced by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, as an incentive for pupils to go on to further academic success.

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June 30th, 2007
The Kurdish regional government in Iraq is to invite bids from foreign companies for 40 oil blocks with a view to the new national oil law being agreed shortly, reported Reuters. The authority is planning investor conferences in Erbil, London and possibly Houston and its Oil Minister Ashti Hawrami said firms which are in a position to 'organise themselves quickly' will be in pole position to win the tenders.
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June 30th, 2007
The Kuwait Projects Company has pulled out of negotiations to buy a stake in Bahrain's Ahli United Bank, although a later resumption of talks is still possible, according to Reuters citing the Al Qabas daily. It is believed Kipco was prepared to pay around $1.8 per share but this was too far below the $2 demanded by the AUB. Kipco has been looking at Tamdeen Investment's stake in the AUB.

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June 30th, 2007
DUBAI — Dubai World, which is marking one year of its launch as a holding company for managing a vast portfolio of businesses and projects, held a 'Get To Know Dubai World' forum involving the top management of its business units recently.
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June 30th, 2007
DUBAI — Maitland Hyslop, one of the world's leading experts in ICT network resilience, data protection and workplace recovery, will be hosting a free seminar on securing databases and information technology in multi-national financial organisations and oil companies in Dubai on July 11, 2007.
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June 30th, 2007
JEDDAH, 1 July 2007 The Arab League has liaised with the private sector in efforts to crack down on widespread counterfeiting and piracy that cost
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June 30th, 2007
A policeman organises lines of illegal workers, mostly Asians, queuing outside the Dubai immigration office on June 19 Hundreds of thousands of Asians, often working
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June 30th, 2007
Dubai most crowded city in Mideast, says study Published: Sunday, 1 July, 2007, 01:36 AM Doha style="PADDING-LEFT: 10px;PADDING-RIGHT: 12px;"> DUBAI:
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June 30th, 2007
Temperature: 90°F / 32°C | Humidity: 52% | Pressure: 29.39in / 995hPa | Conditions: Clear | Wind Direction: SE | Wind Speed: 4mph / 6km/h | Updated: 5:00 AM GST
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June 30th, 2007
Dubai: Abu Dhabi has asked oil companies to resubmit bids for a giant sour gas project in the UAE as it divides the project into
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June 30th, 2007
Baggage rules draw mixed reaction from air travellers Gulfnews: Baggage rules draw mixed reaction from air travellers By Daniel Bardsley and Mohammad Shamseddine, Staff Reporters
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June 30th, 2007
Dubai: Groundwater reserves under Arabian deserts have yet to be exploited but could provide vital resources for agriculture in some of the world's driest
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June 30th, 2007
Dubai: Animal rescue groups have renewed appeals to pet owners to act responsibly after being inundated with unwanted dogs and cats since the start of
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June 30th, 2007
Dubai: The much-heralded Salik road toll system has come into effect today - although as late as Saturday many motorists were yet to buy their
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June 30th, 2007
Dubai: Two women fear to seek amnesty because they have illegitimate children. The women, in their late 30s, were seen hovering around an amnesty centre
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June 30th, 2007
Ras Al Khaimah: The Public Prosecution has referred a man to the criminal court here on grounds of forging the signature of a top official
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June 30th, 2007
Dubai: Free residential parking areas are being transformed into paid parking zones in Bur Dubai, causing panic amongst residents. Residents say they always parked for
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