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Foreign Ministry signs MoU with TRA
The Foreign Ministry has signed a Memorandum of Understanding with the Emergency Response Team set up by the Telecommunications Regulatory Authority for benefitting from the latter’s expertise in the fields of cyber security, protection of database and early detection of attempts to penetrate IT infrastructure.
Emaar India Unit Plans to Sell Shares: Alabbar
DUBAI — Emaar Properties PJSC, the developer building the world’s tallest skyscraper in Dubai, plans an initial share offering in India “in a few weeks,” Chairman Mohammed Alabbar said.
Structure of Amlak-Tamweel Merger
to be Finalised before End of the Year
DUBAI — The structure of the merger of mortgage lenders Amlak and Tamweel will be finalised before the end of 
the year.
Punjab Opens Up for ‘Global Investment’
DUBAI — The Punjab, despite being ravaged by militancy in the past, has now emerged as one of the most progressive states in India and is opening up for “global investment,” according to state Chief Minister Prakash Singh Badal.
Dubai Media City Honours Ibda’a Student Awards 2009 Winners
DUBAI — Dubai Media City, or DMC, the region’s leading media hub and a member of TECOM Investments, hosted the eighth Ibda’a Student Awards at a ceremony, honouring the winners of 12 categories from over 2,400 submissions, including over 170 from the UAE.
Customer Service Ranks High on UAE Banks’ Agenda Amid Recession
DUBAI — Customer satisfaction with UAE banks has risen dramatically in 2009, with banks taking more aggressive steps to keep a narrowing customer base amid the global recession, according to an independent survey of retail banks in the country.
Drydocks World - Dubai Wins Award for Fifth Year
DUBAI — Drydocks World - Dubai, the region’s ship repair, conversion and new building yard and flagship company of Drydocks World, reaffirmed its position in the marine industry, when it won the Shipbuilding/Shiprepair Award at the Lloyd’s List Middle East and Indian Subcontinent Awards 2009 for the fifth 
consecutive year.
Equities End Week in Negative Territory
DUBAI — UAE shares capped the week in negative territory on broad-based profit-taking, as edgy investors cashed out ahead of the forthcoming Eid Al Adha holidays.
Dubai’s Perla Group Eyes 2010 Nasdaq Listing
DUBAI — Dubai-based holding company Perla Group International plans to list on the Nasdaq Dubai in 2010 and is finalising an acquisition in the aviation sector, its chief executive said on Thursday.
UBS Raises Targets on UAE’s Property Firms
DUBAI — UBS raised its price targets on shares of several property companies in the UAE on valuation, but forecast a further 20 per cent to 30 per cent drop in Dubai house prices from current levels.
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