The Middle East

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The UAE may seem like the last place on earth to find alternate, "green" energy projects, as its 4m residents contently sit on around 8% of the world's proven oil reserves.
After many of Qatar's companies published their first half results mid-August, the astonishing level of net profits revealed promptly sent the local bourse straight through the roof.
Despite the recent wave of bombings that have mainly targeted Turkey's Aegean resorts, tourists are still flocking to the southern sandy Mediterranean-Aegean coast in search of sun, sea and relaxation.
Disruptions to IT services thanks to damaged undersea cables have caused a hard-to-quantify level of lost business, and when it comes to apportioning criticism many fingers are now pointing at Etisalat.
The announcement of plans for a major new aircraft order from Qatar Airways has dovetailed nicely with news of further expansion planned in the country's hotel and tourism sector.
As the UAE offers its condolences to Saudi Arabia on the death of King Fahd with seven days of official mourning, this mark of deference and diplomacy will not have been lost on the new Saudi ruler, Abdullah.

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