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  1. Addicted to Gulf oil

    Posted Nov 15th 2007, 12:00am by Michael Richardson

    ... work in the Persian Gulf, and Middle East investors are increasingly active in Asia. However, Asia's addiction to Gulf oil is creating a potentially dangerous dependence. In the short ...

  2. Petrodollars pouring into Asian markets

    Posted Sep 23rd 2007, 12:00am by John Cremer

    ... Arab investors tipped to buy US$30billion worth of assets this year as Gulf countries look east for better returns, writes John Cremer When the US$19.1 billion dual listing of Industrial ... 9/11 and recognition of the higher return opportunities.' He explained that, historically, Gulf countries had parcelled out much of their oil revenue to asset managers to invest against ...

  3. Building sector turns to online data service

    Posted Jun 14th 2005, 12:00am by Staff Reporter

    ... Bien Perez The mainland's booming construction industry is fuelling fresh demand for web-based collaboration and data management services, industry experts say. 'With so many large-scale developments under way in Greater China, systems that can ...

  4. Dubai investors pour funds into China

    Posted Jul 12th 2006, 12:00am by Clarence Michael

    ... this month as part of its ambitious push overseas. Mohsin Khan, director of the International Monetary Fund's Middle East and Central Asia department, said Arab Gulf states were once content to park their money exclusively in western banks and bonds, but things had changed. 'Gulf Arab investments would now target the Middle East and South Asian regions,' he said. ...

  5. Dubai redesigns shape of things to come

    Posted Oct 05th 2005, 12:00am by Staff Reporter

    ... the Gulf state's growing finance and trading activities will keep the rally going, sceptics believe the market may not be sustainable as a growth engine for the economy Dubai's booming ...

  6. Asia's oil bill conceals global wealth transfer

    Posted Apr 22nd 2008, 12:00am by Michael Richardson

    ... in the global economy. Asia's dependence on the oil-rich Persian Gulf is contributing to the massive transfer of wealth, influence and power from the west to Asia and leading Gulf energy exporters. How does this symbiotic relationship between Asian traders and Middle East oil producers work? Asia spends many tens of billions of dollars each year on oil from the Gulf. Take China: ...

  7. Abu Dhabi takes cultural route to attract visitors

    Posted Jul 13th 2012, 12:00am

    ... would say that they associate the Persian Gulf with superlatives. Dubai has the tallest building and a seven-star hotel. These days, with something of a chip on its shoulder, Abu Dhabi appears ...

  8. Asia puts its energy needs first

    Posted May 19th 2006, 12:00am by Michael Richardson

    ... and gas-rich Persian Gulf, was the 'energy lifeline' of the west. This was deliberate and misleading obfuscation by Beijing. The truth is exactly the opposite. The Gulf oil and natural-gas ... purposes. Indonesian President Susilo Bambang Yudhoyono signed several co-operation agreements with Iran, including one on energy. Indonesia- Asia's only member of Opec, the Gulf ...

  9. Magic goes out of the Persian carpet business

    Posted Nov 25th 2007, 12:00am by Liz Heron

    ... Liz Heron Hong Kong is set to lose three of its most exclusive carpet shops over coming months as the world's supply of handwoven Persian rugs dries up. Rehman Mir will be closing ... in the carpet business for five generations, shut his premier shop off London's Savile Row in March despite a doubling in the price of Persian carpets over the past year. Mr Mir said 'old ...

  10. Beijing's conduit to oil security

    Posted May 21st 2004, 12:00am by Michael Richardson

    ... in the Persian Gulf and the potential for supply disruptions. For the moment, the Gulf provides about half of China's oil imports. But Central Asia and the Caspian Sea oil and gas basin are very ... and gas are in the Persian Gulf. But Central Asia, West Africa and even Latin America are expected to gain increasing prominence in the new great game of energy diplomacy. Michael Richardson, ...




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