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HuaweiABU DHABI — A draft law to set up small and medium enterprises, or SMEs, in the UAE on a fast-tracked basis is likely to be ready by June.
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DUBAI — State-owned Dubai Aluminium Company Limited, or Dubal, expects its sales to Europe will be raised to 27 per cent of the company’s projected total sales in 2010, a top official of the company said.
DUBAI — Dubai Multi Commodities Centre Authority (DMCCA) Global Multi Commodity Receipt (GMR) facilitated the financing of over Dh 1.1 billion during 2009, covering petroleum products, iron and steel and soft commodities including rice and tea.
DUBAI — Driven by the UAE and Indonesia, the world’s fastest growing markets for Islamic insurance, the global takaful industry is well on course to surpass $8.8 billion in contributions in 2010, a report by Ernst & Young
said on Monday.
ABU DHABI — The UAE’s non-oil foreign trade shrunk one per cent to Dh53 billion in the month of February, down from Dh53.6 billion in the same period last year, according to preliminary numbers gathered by the Federal Customs Authority or FCA.
DUBAI — Sanjay Uppal, Chief Financial Officer of Emirates NBD – the largest bank in the Gulf by assets, resigned from his position after serving almost five years with the group, people familiar with the matter said.
DUBAI — Dubai’s benchmark stock index on Sunday rallied by the most in more than two weeks, led by Emaar Properties PJSC after its chairman said the company doesn’t need Dubai government help as its India unit planned a share sale.
DUBAI — The Ministry of Economy will introduce new laws to address the existing gaps in commercial regulations and arbitration and promote efficiency, transparency, and investor confidence in the business sector.
DUBAI — Equities trading volumes on NASDAQ Dubai rose to 1.09 billion in the first quarter of 2010, their highest quarterly level since 2007, before the start of the global economic crisis.
DUBAI — Dubai Municipality’s Finance Department recently organised a seminar titled “Best practices and innovations in rationalising spending and enhancing income.”