Tabreed Bahrain estimates 50% of electricity demand could be freed up by 2030.

Islamic Chamber of Commerce chairman says gov'ts need to act to protect labourers.

Three companies shortlisted for $5bn project which could double oil daily output.

Egyptian film star among the customers at Middle East Business Aviation event.

Reliance Industries has sold the first crude oil consignment from its eastern offshore Krishna Godavari basin KG-D6 field to Hindustan Petroleum Corp.

The Indian rupee on Wednesday closed at its all-time low of 50.02/03 against the greenback after losing 35 paise on relentless capital outflows, sustained demand for US dollar and weak equity markets.

While U.S. automakers plead for emergency loans from Washington, China's still-young car manufacturers are also appealing for their government's help amid a sales slump.

A group of business executives on Tuesday urged President-elect Barack Obama to "quickly implement" a large stimulus package soon after taking office.

A government report says construction of new homes plunged 4.5 per cent last month to the lowest level on government records, as US builders slashed production while Wall Street nosedived.

The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, the organisation representing the industry said here on Wednesday.

The foreign wine lobby in Mumbai is yet another foreign lobby, trying to persuade the state's policymakers to reduce tariffs.

Seeking to downplay criticism over lack of job opportunities for Maharashtrians in the state industries, the state government today said the proposed 131 SEZs in Maharashtra would create 59 lakh jobs.

The main opposition Bharatiya Janata Party's prime ministerial candidate L K Advani will meet industrialists tomorrow to find out how bad the current economic crisis is, and ways to mitigate its impact.

The Us stocks are moderately lower in early trading as investors, nervous about the fate of the nation's top automakers, scour more economic data.

With 21mn users, Islamic Republic claims to be in top 20 user countries.

Oil minister says output dropped during floods which are believed to have killed 180 people.

Premium transit traffic between Europe, Mideast and Far East also drops dramatically in September.

While the Arabian Gulf construction boom may be reaching a peak, the world's major suppliers of furniture, fixtures and fittings to hotels and resorts are descending on Dubai in pursuit of multi-billion dollar contracts, according to industry experts.

Auto loans portfolio of public sector banks is expected to rise despite of the slowdown trapping the economy. Major PSU banks expect that loans for cars and other passenger vehicle will go up by almost 20%-25% in the ongoing fiscal.

India's second largest private lender, HDFC Bank announces that it is eager to raise funds through international borrowing and is waiting for the detailed guidelines of Reserve Bank of India (RBI).On November 15th, RBI scaled down banks' provisioning norms for