India hit as foreign remittances dry up

India would be among the hardest-hit nations as the remittances sent home by its people working in the Middle East begins to dry up following the economic downturn. There are an estimated five million Indian migrant workers in six Gulf… बाँकी अंश »

Australia may boycott one-day series if Pakistan play Yousuf

The one-day series between Pakistan and Australia could run into trouble if Pakistan insist on playing the rebel Indian Cricket League’s Mohammad Yousuf. Pakistan’s sports ministry cleared the way for the banned players to return to domestic cricket Monday, but… बाँकी अंश »

Yousuf risks life ban to play in ICL

(IANS) Pakistan’s seasoned batsman Mohammad Yousuf is facing realistic fears of getting a life ban after joining the breakaway Indian Cricket League (ICL), a senior Pakistan Cricket Board (PCB) official said Monday. Yousuf, 34, dropped a bombshell when he quietly… बाँकी अंश »

Malyasian-UAE consortium bags $500-mn Abu Dhabi project

A consortium comprising Malaysian and United Arab Emirates (UAE)-based companies has a bagged a 1.9 billion-dirham ($500 million) construction contract for a new residential and commercial project in Abu Dhabi. Real estate developer Capitala has announced that it has awarded… बाँकी अंश »

UAE firm buys stake in Finnish company for $177 mn

(IANS) Dubai/The United Arab Emirates’ (UAE) renewable energy firm Masdar has acquired 40 percent stake in a Finnish wind turbine manufacturer for $177.3 million to become a key player in the global energy market. Controlling stake in the company WinWinD… बाँकी अंश »