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HuaweiDUBAI — Dubai’s benchmark index advanced the most in almost two weeks as investors bet corporate earnings will beat estimates.
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DUBAI — Commercial Bank of Dubai, or CBD, on Wednesday posted a 20 per cent operating profit growth in first quarter.
DUBAI — Internet users in the UAE will continue to face a slowdown, as the repair work of the damaged submarine data cable in the Mediterranean Sea will take one more week, both the telecom operators in the country said.
DUBAI — Abu Dhabi’s benchmark index advanced the most in more than a week as announcements of new projects renewed optimism that the United Arab Emirates real estate market is recovering.
ABU DHABI — Aldar Properties PJSC, Abu Dhabi’s largest property developer, has launched the Al Bateen Park development in the heart of the capital.
ABU DHABI— ADX-listed Finance House PJSC net profit rose marginally to Dh31.04 million for the first quarter of 2010, compared to Dh30.95 million for the same period last year.
DUBAI — UAE bourses on Tuesday remained bearish in thin trade as cautious investors await first-quarter results and clarification on creditors’ response to Dubai World’s debt restructuring offer.
DUBAI — The UAE insurance market, dominated by companies based in Abu Dhabi and Dubai, delivered strong technical performance through the economic downturn, according to Standard & Poor’s Ratings Services.
DUBAI — The second UAE telecommunications provider du said on Monday it would launch a Dh1 billion rights issue to fund its mobile and broadband infrastructure upgrade programme over the next four years.
DUBAI — Gulf economies embark on a new growth chapter and the UAE remains one of the region’s powerhouses, Nomura, one of the leading global investment banks, said in a latest study.