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A matter of days after Bahrain's contract with Formula One was renewed, it was confirmed that Abu Dhabi signed a seven-year contract to host its own race beginning in 2009.
Despite an increase in gas prices, which has put pressure on Ukraine's all-important steel industry, it looks like it will be a good year for Ukraine's economic growth.
Last week it was reported that Taiwan and China were close to an agreement that would allow Chinese tourists to visit Taiwan directly.
As part of a strategy to pull in an uninterrupted flow of tourists throughout the year, Turkey's ministry of culture and tourism is moving ahead to place numerous destinations with geo-thermal resources on the global map.
Growth in demand for credit by South Africa's private sector slowed in December 2006, which has led some analysts to the conclusion that the central bank may not hike interest rates in February, as had been previously forecast.
In a series of steps to improve economic ties between Qatar and South Korea, the Qatar Economic Forum was held in Seoul on January 31.

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