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Wednesday, 16 March 2011  |  Rabiʻ II 11, 1432  | Last updated at 18:03
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Brazil's Lula unveils $878 billion investment plan
BRASILIA: President Luiz Inacio Lula da Silva launched a $878 billion program to upgrade Brazil's infrastructure on Monday that will be a major campaign banner for his chosen candidate in October elections.

Air India gets $173m cash injection from government
MUMBAI: India approved a cash infusion for ailing national carrier Air India Thursday, part of an expected $432 million bailout of a company many once considered a proud symbol of the nation.
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Libya to admit more foreign banks
TRIPOLI: The Libyan Central Bank will allow more foreign banks to operate in Libya amid efforts to revitalize the economy and bring foreign capital into the country.
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Etisalat eyes six acquisitions, licenses
DUBAI: Emirates Telecommunications Corp.,  or Etisalat, is eyeing licenses for airwaves or acquisition deals in six markets across the Middle East and North Africa, its chairman said, in a drive to boost customers.
Dubai's Drake to spend $136m on 2010 buys
DUBAI: Dubai's Drake & Scull International has $136 million to spend on acquisitions in 2010, which includes three firms, as it continues to expand and weather a downturn at home, an executive said on Thursday.

Najaf airport tussle shows risks in Iraq investing
NAJAF, Iraq: Najaf's airport was meant to be a symbol of Iraq getting back to business, and in many ways it's been a success, creating jobs and spurring a construction craze her. But an increasingly bitter dispute between local authorities and the Kuwaiti contractor brought in to run the facility is casting a cloud over one of Iraq's proudest postwar accomplishments and prompting accusations of political meddling.
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Haiti sees opportunity in migration to farms
ROME: The Haitian government is looking to take advantage of the massive flow of earthquake survivors streaming from Port-au-Prince to the countryside to launch a $700 million program to invest in Haiti's farming industry and help the country feed itself.
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LATEST COMMENTS
Sri Lankan maid killed herself, police confirm
The question is what Sri Lankan Government going to do????????????
kira at Mar 16, 2011 18:17
16 comments
Bahrain ‘eerie’
"Unlike the morning flight to Dubai from Manama, which has been crowded out with Westerners get
ALREHAN at Mar 16, 2011 18:17
0 comments
Passenger prayer spurs security alert on LA flight
To DR MERSAL and to EUROPEAN WOMAN: <br/>Your comments are logical, sane, and make perfect sens
D. Wood at Mar 16, 2011 18:16
14 comments
Saudi economy is solid: Prince Alwaleed
Saw the interview on You tube. A very positive and confident talk by a very confident Prince.
Mohammed at Mar 16, 2011 18:15
0 comments
Editorial: Helping Bahrain
Where were your GCC troops when kuwait was occupied by Iraq. Shame on your forces as they did n
Feroze at Mar 16, 2011 18:03
13 comments
Editorial: Helping Bahrain
@Jalal: You don't know what you're talkin about dude!!!
josh at Mar 16, 2011 18:02
13 comments
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