Global News in Pictures 3rd - 9th Sept

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The demand for homes and offices in Dubai will continue to exceed supply in the coming years, a leading UAE-developer said, the latest to dismiss theories of a bubble in the emirate’s real estate market. Mehdi Amjad, president and chief executive of Omniyat Holdings and Omniyat Properties, said the imbalance between supply and demand in Dubai's buoyant real estate market is expected to continue well into the next decade. (Photo by Getty Images)
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British defence contractor BAE Systems is to build and supply 72 Eurofighter Typhoons as part of a £20 billion ($41 billion) contract with Saudi Arabia expected to be signed by the UK’s Ministry of Defence within a month. Negotiators are working towards the Al-Salam, or ‘Peace ’agreement before the month of Ramadan starts in mid-September, and could be completed as early as the end of this month, according to UK newspaper The Times. (Photo by Getty Images)
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Tunisian President Zine El Abidine Ben Ali and United Arab Emirates Prime Minister Sheikh Mohammad bin Rashed al-Maktoum are cheered by wellwishers during the inauguration 06 August of 'The Gate of the Mediterranean and the Town of The Century', a $14 billion luxury real estate development expected to create over 100,000 jobs. (Photo by Getty Images)
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Oman has been forced to give up hosting the annual Gulf Cooperation Council (GCC) summit due to the damage caused to Muscat by Cyclone Gonu, according to sources close to the country’s government. Oman has requested December’s meeting be held in Doha instead, as extensive rebuilding of infrastructure and facilities is still ongoing throughout its capital, sources said, reported AFP. (Photo by Getty Images)
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Dubai-based Istithmar is set to buy Jones Apparel Group's Barneys New York for $942.3 million after Japanese casual-clothing retailer Fast Retailing pulled out of the bidding war. The move by Fast Retailing ended a month-long tug-of-war between the Dubai-owned private equity firm and the operator of the Uniqlo stores for ownership of the luxury department store chain. (Photo by Getty Images)
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Borse Dubai said it aimed to buy shares in Sweden-based exchange owner OMX at SC230 a share, topping an agreed bid from Nasdaq (pictured), and wanted at least a 25% stake. The holding firm, created to pool the Dubai government stakes in the Dubai Financial Market (DFM) and the Dubai International Financial Exchange (DIFX), said it was launching a book-building to buy OMX shares. (Photo by Getty Images)
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Jordan's tourism authorities are anticipating a surge in visitor numbers following the news that Petra has been included in the New Seven Wonders of the World. The number of tourists visiting the ancient city annually is expected to double from 400,000 to 800,000 by the end of the year, according to Faruq Hadidi, secretary general of Jordan's Tourism Ministry. (Photo by Getty Images)
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Auckland International Airport Limited (AIAL) directors announced a proposed deal with Dubai Aerospace Enterprise (DAE) which would see the consortium of Dubai companies acquire a stake between 51% and 60% in the AIAL business. New Zealand Trade Minister Phil Goff backtracked on comments that the government backed those opposed to the NZ$2.6 billion ($2.08 billion) bid. (Photo by Hannah Johnston/Getty Images)
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Emaar chairman Mohammed Alabbar and former Daily Mirror editor Piers Morgan are to headline this year’s Arabian Business Media & Marketing Conference in November. Alabbar is to deliver a keynote address on how Emaar has grown from a regional to global brand. Morgan, meanwhile, will speak on the power of celebrities in media, drawing on his 10 years experience as a UK tabloid editor. (Photo by Getty Images)
Pakistan celebrates Independence Day

Pakistan celebrates Independence Day

14 Aug 2007
Politics & Economics
India celebrates Independence Day

India celebrates Independence Day

15 Aug 2007
Politics & Economics
Global News in Pictures 10th - 16th Aug '07

Global News in Pictures 10th - 16th Aug '07

16 Aug 2007
Banking & Finance
Thu 09 Aug 2007 11:00 AM GST