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HuaweiDUBAI —The National Bank of Umm Al Qaiwain, or NBQ, suffered a 10 per cent fall in its net profit for the first quarter of 2010, compared to the first three months of last year.
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DUBAI - The DIFC Courts, the Dubai International Financial Centre’s independent, common law judicial system, on Monday announced the start of the consultation period on a new order that widens the DIFC Courts’ small claims jurisdiction.
DUBAI — ABN Amro Bank N.V., which has moved its Middle East private banking operations to the Dubai International Financial Centre (DIFC), hopes to grow its assets under management from regional clients, a senior executive of the bank said on Monday.
DUBAI — Flydubai, the low-cost carrier based in Dubai, on Sunday announced two more destinations — Kabul in Afghanistan and Luxur in Egypt — and after that the young carrier has expanded its reach to 17 destinations.
ABU DHABI — Sorouh Real Estate PJSC unveiled on Sunday its detailed vision for Lulu Island, a master-planned development located just 500 metres off the coast of the capital’s corniche.
DUBAI — Sharjah Islamic Bank (SIB) net profit for the first three months of the year fell by over 20 per cent, compared to the same period last year, the bank announced on Sunday.
DUBAI — Dubai’s stocks fell the most this month on concern Dubai World is offering creditors interest that is about a fifth of the market rate and after global markets slumped on fraud allegations at Goldman Sachs Group Inc.
Sharjah — Expo Centre Sharjah plans to double its revenue in the next five years with the help of 12 new exhibitions, its Director-General Saif Mohammed Al Midfa said.
DUBAI — Palm Hills Developments,or PHD, one of the leading real estate developers in Egypt listed on both the Egypt and London Stock Exchanges, signed an agreement with Burooj Properties, the real estate arm of Abu Dhabi Islamic Bank, or ADIB which develops and markets real estate developments in the United Arab Emirates, GCC and Middle East.
DUBAI — Imdaad, leading integrated facilities management solutions provider in the UAE, announced its first major project in Abu Dhabi. The company will provide its services at Al Reef Villas by Manazel Real Estate.