Never be attacked by a shark again 
(MENAFN Press) Dubai International Boat Show is the only place to catch the latest cool marine gadgets which can guarantee you’ll never be attacked by a shark again, allow you to dive to depths of 40 metres with the latest hydro-dynamic SEABOB, have you hurtling across the ocean at aircraft-like speeds, or ensure you never run out of petrol on the high seas with the world launch ...

Intercoil sets new world record in Dubai 
(MENAFN Press) Intercoil International, the pioneers in the bedding industry and the market leader in orthopedic sleep products in the Middle East, today set a new Guinness Book of World Records. Staging the longest outdoor human mattress dominoes in the world, the company has added its third world record accolade. The human mattress dominoes event, held in conjunction with ...

Lufthansa makes operating profit of EUR130m 
(MENAFN Press) Lufthansa has achieved its aim and defied a market-related revenue decline of 2.56 billion euros by posting an operating profit of 130 million euros for 2009. The Group thus earned about 1.2 billion euros less than during the previous year. The past year’s figures were burdened by economy related weaker demand and the disproportionate decline in average yields ...

British Trade Minister visits DP World 
(MENAFN Press) Lord Davies Tours Dubai Flagship Port and Free Zone Lord Davies of Abersoch, the British Minister for Trade, Investment and Small Business, visited the DP World head office yesterday (Wednesday March 10), meeting with Mohammed Sharaf, DP World Chief Executive Officer and Mohammed Al Muallem, Senior Vice President and Managing Director of DP World, UAE Region. Also ...

SunEdison to build Europe’s largest solar power plant in Italy 
(MENAFN Press) System to Be Operational in 2010 SunEdison, a division of MEMC Electronic Materials, Inc. (NYSE: WFR), received final approval from the Italian government to develop and construct a 72 Megawatt (MW) photovoltaic solar power plant in Northeastern Italy, near the town of Rovigo. When completed, this is expected to be the largest photovoltaic (PV) solar power plant ...

Jordan- Industrial production decreases 0.3 % in January 
(MENAFN Press) The statistical data issued by the Department of Statistics indicate a decrease in the General Industrial Production Index by (0.3 %) for January 2010 as compared with January 2009. This retreat resulted from a decrease in quantities of the manufacturing sector by (0.1 %) and electricity production quantities (6.7%), meanwhile the production quantities of quarrying ...

Etihad expands codeshare flights in Australia 
(MENAFN Press) Etihad Airways, the national airline of the United Arab Emirates, has increased the destinations available for passengers travelling to Australia by expanding its codeshare agreement with Qantas. As part of the agreement, the Etihad two-letter ‘EY’ code is now placed on flights from Sydney to Ayers Rock (Uluru), Alice Springs, Canberra, Hobart and Melbourne ...

Dh1.232b worth of shares purchased on DFM last week (Mar 7-11) 
(MENAFN Press) Value of shares bought by institutional investors reaches AED 702.1 million during last week, and value of shares sold reached AED 570.4 million. Dubai, 11 March 2010: Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (7 Mar. – 11 Mar.) reached AED 1.232 billion comprising 43.7% ...

Jordan inflation up by 4.4 % in the first two months of 2010 
(MENAFN Press) The monthly report on inflation in Jordan issued by the Department of Statistics indicates an increase in the Consumer Price Average during the first two months of 2010 by 4.4% as compared with the same period of 2009. The main commodities groups, which contributed to this increase, were ” Transport” (14.3 %),“Sugar and its products” (20.7%),“Fuel and ...

Double-Take announces seminars with Microsoft, Intel 
(MENAFN Press) Double-Take® Software (NASDAQ: DBTK) is presenting a series of seminars in the Middle East region with Microsoft and Intel on how to create disaster recovery solutions for Microsoft Exchange 2010, Microsoft Windows Server 2008 R2, and Hyper-V environments. Attendees will have the opportunity to discover more about Windows Server 2008 Hyper-V R2 architecture, ...