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Middle East

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  • Mail Bomb Found in Dubai Sent on Passenger Planes Sunday, 31 Oct 2010 | 8:44 AM ET
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    A Qatar Airways spokesman says a parcel carrying the mail bomb found in Dubai traveled on two separate passenger planes.

  • ConocoPhillips CEO: Oil Could Climb to $90 Wednesday, 20 Oct 2010 | 5:26 PM ET

    ConocoPhillips CEO Jim Mulva said that oil prices could reach $90 in the next couple of years based on the demand in emerging markets.

  • Water Shortage Means Big Money for Small Alaska Town Thursday, 30 Sep 2010 | 4:59 PM ET
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    What if Sitka, Alaska, could sell its water to those people or entites in the arid parts of the world? That would give the town a healthy revenue and put water where it's desperately needed. That’s

  • Bahrain Will Grow Beyond Oil: Crown Prince Wednesday, 22 Sep 2010 | 5:08 PM ET
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    To grow, the Middle East island nation of Bahrain needs to be part of a collaborative effort with its much bigger and oil-richer neighbors, Bahrain, His Highness Shaikh Bin Hamad al Khalifa, CEO of the Bahrain Economic Development Board, told CNBC Wednesday.

  • Jobs Concerns Dominate Techonomy Conference Friday, 6 Aug 2010 | 8:49 AM ET
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    This is a jobless recovery. That's the consensus among the executives and entrepreneurs here, who say improving employment is their #1 priority.

  • Eric Schmidt

    Schmidt says job creation is the most important thing the economy needs right now, particularly in the manufacturing sector. He's very frustrated at the government's slow pace in boosting employment—effectively saying it's ridculous that so much proposed legislation has to wait until after the November elections.

  • Asia Puts Its Stamp on Aviation Thursday, 22 Jul 2010 | 8:56 AM ET
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    The future of the aviation industry has an Asian face, industry watchers say – and it is changing fast thanks to the rapid growth in passengers in the region that is creating strong demand for aircraft.

  • Private Orders Create Farnborough Buzz Tuesday, 20 Jul 2010 | 5:18 AM ET
    The Airbus A380 takes to the skies for a demonstration flight at the Farnborough Airshow in the UK.

    Day one delivered a raft of billion-dollar orders that will be making the headlines Tuesday and, as ever, the company hogging the limelight has been Emirates.

  • US to 'Double Exports Over Next 5 years': Council Chief Wednesday, 7 Jul 2010 | 2:24 PM ET

    The CEO, Jim McNerney, stressed this needs to be "measurable" quarter-by-quarter and industry and company specific. As far as an up cycle in the market, he said, "that will take a little longer."

  • Public Will Demand More Oil Regulation: Conoco CEO Friday, 18 Jun 2010 | 1:43 PM ET
    James Mulva

    The public, both the American and those throughout the world, will demand greater regulation of the oil industry in light of the BP  Gulf of Mexico spill, James Mulva, chairman and CEO of industry giant ConocoPhillips,  told CNBC Friday.

  • Farrell: Israel's New Troubles & Turkey's New Power Tuesday, 1 Jun 2010 | 10:01 AM ET

    With one action, Turkey now appears to be the defender of the Palestinians in Gaza, usurping the role that Iran has been trying to claim. Israel was trying to keep control of Gaza and will claim they were provoked and attacked first.

  • Qatar Eyes Treasury's Citi Stock Wednesday, 26 May 2010 | 5:23 AM ET
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    The Qatar Investment Authority, a sovereign wealth fund, has expressed interest in buying part of the U.S. Treasury's stake in Citigroup, potentially boosting efforts to sell the shares amid the global rout in banking stocks, the FT reports citing people familiar with the matter .

  • Underground Broker Network a Bane in Terror Probes Friday, 14 May 2010 | 8:30 AM ET
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    Long before there was MoneyGram and Western Union, people in South Asian countries often used an informal network of brokers, called an "hawala," to transfer money over long distances when it was too inconvenient or dangerous to send cash by courier.

  • 'Carthaginian Peace' Could Be Bad for Gold: Strategist Thursday, 13 May 2010 | 8:10 AM ET
    Burning Money

    Carthaginian peace refers to the imposition of a very brutal “peace,” or the armistice imposed on Carthage by Rome that saw the Romans systematically burn Carthage to the ground.

  • Remove Card and Take Bullion; Gold ATM Debuts Thursday, 13 May 2010 | 6:05 AM ET

    Amid fears over the strength of nearly every major currency, Abu Dhabi’s top hotel has come up with a new type of ATM for their most risk-averse guests. The Emirates Palace is giving those staying there to chance to withdraw gold from the world first ever gold dispenser.

  • Amid Wild Headlines, Fundamentals Drive Stocks Thursday, 13 May 2010 | 5:38 AM ET
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    Despite a fully-fledged debt crisis in Europe, the stock market continues to defy the bears to trade higher on the year.

  • Spill Could Raise Shipping Rates Monday, 3 May 2010 | 5:35 PM ET
    Trade

    Shipping in and around the Gulf of Mexico is business  as usual, in spite of the oil spill, in this heavily trafficked area. But should the oil spill spread, higher shipping rates could result, an analyst told CNBC Monday.

  • Caterpillar Moving Ground in Emerging Markets Monday, 26 Apr 2010 | 3:36 PM ET

    Caterpillar is focusing on emerging markets for increased earnings and sales, rather than the US, outgoing CEO Jim Owens told CNBC Monday.

  • Greece Will Be Forgotten Like Dubai: Currency Expert Monday, 26 Apr 2010 | 6:41 AM ET
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    There is no evidence of contagion from the Greek debt debacle to other markets, but the country's woes will help push the euro down, boosting exports for some countries in the single European currency area, David Bloom, global head of foreign exchange research at HSBC, told CNBC Monday.

  • Israel Pushing to Make the World Greener Tuesday, 20 Apr 2010 | 1:36 PM ET
    Eilat, Israel

    Israel perhaps has more to gain than anyone else from going clean and green. Right now, Israel is almost fully dependent on fossil fuels that pollute the country. Israel still gets its oil from secondary sources, because Arab nations won't sell to Israel directly.