Bankers were warned of sub-prime risk - Greenspan
Former Fed chairman expressed concerns as early as 2004, but claims demand too strong.

'Pearls of Arabia' unveiled on The World
Dubai to revive history as global pearl hub with 6,000 square metre cultural centre.

Inflation to peak in first half of year
Gov't measures will have biggest impact on inflation in H2, Saudi central bank governor says.

Dubai office rents continue ascent
But landlords will become more competitive as the property supply increases, report says.

First Qatari elections unlikely in '08
Prime Minister Sheikh Hamad says Gulf state still needs time to prepare legal framework.

Norwegian wealth fund benchmark for EU code
Norway exemplary in terms of transparency and accountability, EU chief Barroso says.

Gulf markets to withstand global slowdown
Strong fundamentals backed by high oil prices will spur growth, Borse Dubai says.

Egypt starts gas exports to Israel
Pipeline to be fully integrated in next few days as controversial $2.5bn deal gets underway.

High oil prices will offset effect of sanctions
Iran says sanctions will not hit economy as West pushes for new UN resolution.

Turkey presses on with cross border offensive
Fighter jets pound rebel positions in northern Iraq despite calls for quick withdrawal.

Tennis ace Henin makes double recovery
Mind and body are both in good shape to defend Dubai Open title this week, she claims.

Arsenal expect Eduardo to recover this year
Broken leg expected to fully heal, player responsible for injury receives death threats.

Du joins Globalcom for UAE data services
Telecom to offer a new range of services via the Indian operator's worldwide network.