Big Boys Toys entrusted to GAC Dubai
Thursday, February 9, 2012
As the world\'s top manufacturers of luxury lifestyle products line up to showcase their gadgets and racing machines in Dubai, GAC has been gearing up to the task of delivering them to the region\'s leisure and entertainment capital. .. read more..
Guarana successfully enters the global beverage market with Dubai Exports\' assis..
Thursday, February 9, 2012
Dubai Exports, an agency of the Dubai Department of Economic Development (DED), Government of Dubai, has assisted Guarana LLC, a recently formed Dubai-based drinks producer, to become a strong player in the beverage sector in the UAE and the region. .. read more..
Gulf Petroleum Investment leads Kuwait market rebound
Thursday, February 9, 2012
The Kuwait Stock Exchange (KSE) Market Index advanced the second day straight, closing a quarter per cent higher at 5,684 points. Shares of Gulf Petroleum Investment gained the most (up 9.5%). Islamic bank Kuwait Finance House declined slightly to KD0.850. .. read more..
Dubai Health Authority to open two new medical fitness centres in 2012
Thursday, February 9, 2012
The Dubai Health Authority will open two medical fitness centres in 2012, said a top official. .. read more..
Logitech unveils the new Logitech Touch Mouse M600
Thursday, February 9, 2012
Logitech, the world\'s leading manufacturer of mice, unveiled the Logitech Touch Mouse M600, a mouse featuring a touch surface that lets you navigate intuitively with your fingers. \"People are growing accustomed to using fingertip gestures to navigate on their smartphones and tablets,\" said Yousef A.. .. read more..
Rubber World Industries eyes to play major role in UAE construction segment grow..
Thursday, February 9, 2012
The UAE has the largest number of active projects in the Middle East, revealing over 1,248 projects worth $931bn underway for 2012, according to a report from CPH World Media, a leading business research and intelligence firm. .. read more..
Nakheel loses two court cases in Dubai this week
Thursday, February 9, 2012
The Dubai-based developer that built the Palm and World islands lost two court cases this week that will cost the company over $23m. .. read more..
Damas Jewellery edges higher, hires Nomura for takeover advisory
Thursday, February 9, 2012
The FTSE NASDAQ Dubai UAE 20 Index closed at 1530.910 today, off 0.10% from the previous close. Market bellwether DP World fell 0.90% to $11.00. Shares of jewelry retailer Damas International jumped 2.78% to reach $0.37. Earlier in the day, local media news reported that Damas hired Japanese bank N.. .. read more..
Qatar National Bank gains as lender eyes Euro Medium Term Note Program
Thursday, February 9, 2012
The QE 20 Index ended even for the second day straight. Qatar\'s largest lender by assets Qatar National Bank or QNB closed 0.60% higher at QR136.70. Earlier in the day, QNB announced that Barclays Capital, Citigroup, HSBC, QNB Capital and Standard Chartered Bank will be arranging fixed income inves.. .. read more..
Etihad Airways reports profitability and EBIT of $137m in record 2011
Thursday, February 9, 2012
Etihad Airways, the national carrier of the United Arab Emirates, reported a full year EBIT of $137m, on revenues up 36.0% to $4.1bn (2010: $2.98bn). The results included earnings before interest, tax, depreciation, amortisation and rentals (EBITDAR) of $648m, with a net profit of $14m. The record .. .. read more..
Globitel launches Bill Shock Preventer for its customers
Thursday, February 9, 2012
Globitel, the global provider of advanced telecom solutions, introduced the \"Bill Shock preventer\" solution, which provides telecom operators with a valuable tool to eliminate the fear of bill shock for their subscribers when using data services abroad. .. read more..
Coral Beach Resort - Sharjah heads to Berlin for ITB
Thursday, February 9, 2012
Aiming to expand its guest profile in new European markets, the Coral Beach Resort - Sharjah will be sending a delegation to the ITB travel exhibition in Berlin, March 7-11, to promote a new all-inclusive summer package at the hotel. .. read more..
HSBC completes the first government guaranteed Sukuk in Saudi Arabia
Thursday, February 9, 2012
HSBC announced that it has completed the first ever government guaranteed Sukuk in Saudi Arabia for Saudi Arabia\'s General Authority of Civil Aviation \'GACA\'. Raising SR15bn ($4bn) for GACA, the Sukuk achieved a profit rate of 2.5%. .. read more..
DSF 2012 proves a grand success for Eros Group
Thursday, February 9, 2012
Eros Group, the sole distributor of world-renowned brands Samsung, Hitachi, Candy, TCL, BenQ and one of the leading players in consumer electronics, telecom, and allied multi-products in the Middle East had a highly successful DSF 2012 across its 29 outlets and leading electronic chains in the UAE... .. read more..
BMW reveals new BMW 6 Series Gran Coupé
Thursday, February 9, 2012
BMW Group Middle East has confirmed that the all-new BMW 6 Series Gran Coupé - the first four-door Coupé in the history of the brand - will go on sale in the Middle East in the middle of this year. .. read more..
Huawei flagship smartphones Honor and Vision set to arrive on shelves across the..
Thursday, February 9, 2012
Huawei, a global information and communications technology (ICT) solutions provider, has announced that two of its much anticipated smartphone releases—the Huawei Honor and Huawei Vision—will be available this month to consumers across the UAE as the company looks to aggressively expand.. .. read more..
Aldar Properties shares flirt with one Dirham-level
Thursday, February 9, 2012
In Abu Dhabi, the equity gauge ADX General Index added 0.10% to reach 2,466.74 points. Real estate bellwether Aldar Properties advanced 3.20% to close at Dhs0.97. Sorouh Real Estate also gained over three per cent. Most banks edged lower, such as the sheikhdom\'s largest lender National Bank of Abu .. .. read more..
CFOs of tomorrow to gather at the Middle East CFO Forum by Marcus Evans
Thursday, February 9, 2012
Scheduled to take place on the 13th and 14th of May 2012 in Dubai, Marcus Evans brings together CFOs of tomorrow from the Middle East to facilitate and encourage the sharing of ideas and practical advice in the 4th Annual Middle East CFO conference. .. read more..
Product Launch Excellence conference scheduled to be held on 22nd and 23rd of Ap..
Thursday, February 9, 2012
Supported by MEDIA ME and organized by Marcus Evans, the Product Launch Excellence conference has been scheduled to be held on the 22nd and 23rd of April 2012 in Dubai, UAE. .. read more..
Dubai Chamber meeting discusses private sector issues
Thursday, February 9, 2012
Dubai Chamber of Commerce and Industry recently convened the first quarterly roundtable discussion of the year with a large number of representatives of Dubai\'s Business Councils and Business Groups operating under the umbrella of Dubai Chamber. .. read more..