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Gulf Business Magazine | Just another WordPress.com weblog

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3,892,179,868,480,350,000,000 | Gulf Business Magazine

https://gulfbusinessmagazine.wordpress.com/2009/05/20/3892179868480350000000

Just another WordPress.com weblog. 3,892,179,868,480,350,000,000. That’s the number of new digital information bits created in 2008. Says John Gantz, Chief Research Officer for IDC: Contrary to popular belief, as the economy deteriorated in late 2008, the pace of digital information created and transmitted over the Internet, phone networks, and airwaves actually increased. 237 billion fully loaded Amazon Kindle wireless reading devices. 1218 billion 4GB Apple iPods. 48 quadrillion online bank transactions.

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UAE withdraws from GCC monetary union | Gulf Business Magazine

https://gulfbusinessmagazine.wordpress.com/2009/05/20/uae-withdraws-from-monetary-union

Just another WordPress.com weblog. UAE withdraws from GCC monetary union. The source further said that the UAE will continue to act in the best interest of the citizens of the GCC member states and will also carry out its role as a founding member of the Council, to help it to achieve its mission and goals. The UAE’s past record of implementing the GCC’s resolutions is strong proof of its belief in joint GCC action, the source concluded. In addition, commenting on the UAE’s monetary policy, the Governor ...

3

NY Times threatens to shut down the Boston Globe | Gulf Business Magazine

https://gulfbusinessmagazine.wordpress.com/2009/05/04/ny-times-threatens-shutdown-of-the-boston-globe

Just another WordPress.com weblog. NY Times threatens to shut down the Boston Globe. The New York Times Co., owner of. Is threatening to begin the process of shutting down the 137-year-old New England newspaper in a dispute with its unions over $20 million in cuts. The New York Times Co, which bought the. For $1.1 billion in 1993, has said that of all its newspaper properties, the. Unless its unions agreed to $20 million in cuts, including half from the Newspaper Guild. In a toughly worded statement, the.

4

Emaar net profits down 74% | Gulf Business Magazine

https://gulfbusinessmagazine.wordpress.com/2009/04/30/emaar-net-profits-down-74

Just another WordPress.com weblog. Emaar net profits down 74%. Emaar Properties has recorded a 38.7 per cent drop in revenues and a 73.6 per cent drop in net profits for the first quarter of 2009, compared with the corresponding period last year. In the first three months of this year, revenues were Dhs1.546 billion ($0.421 billion), compared with Q1 2008 revenue of Dhs2.522 billion ($0.687 billion) and Q4 2008 revenue of Dhs1.833 billion ($0.499 billion). As of January 1, 2009, Emaar has revised its rev...

5

REVEALED: The Best (and the Worst) Banks in the GCC | Gulf Business Magazine

https://gulfbusinessmagazine.wordpress.com/2009/05/03/revealed-the-best-and-the-worst-banks-in-the-gcc

Just another WordPress.com weblog. REVEALED: The Best (and the Worst) Banks in the GCC. 11th annual survey of the region’s Top 50 banks are out and the numbers, expectedly, fail to impress. However, more than half the Top 50 banks registered weaker than before net profits in 2008, with some also affected by the fallout of the sub-prime and associated asset write-downs, which first surfaced in 2007. Total equity for the GCC Top 50 Banks grew by 11 per cent in 2008 to $124 billion. Get your copy of the...

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Gulf Business Magazine | Just another WordPress.com weblog

Just another WordPress.com weblog. UAE withdraws from GCC monetary union. May 20, 2009. The source further said that the UAE will continue to act in the best interest of the citizens of the GCC member states and will also carry out its role as a founding member of the Council, to help it to achieve its mission and goals. The UAE’s past record of implementing the GCC’s resolutions is strong proof of its belief in joint GCC action, the source concluded. In addition, commenting on the UAE’s monetary policy,...

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