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Dubai Airport Passenger Traffic Rises 22.6 Per Cent

DUBAI - Dubai International Airport (DIA) continued year-on-year double-digit growth in both passenger and cargo traffic in February, its operator Dubai Airports said. Last month passenger traffic rose 22.6 per cent as DIA handled a total of 3.6 million passengers compared to 2.9 million passengers during the same month in 2009.

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local business

DFM Hits 10-week High; ADX Rises

DUBAI — UAE bourses on Sunday opened the week on positive note, although the volumes dropped significantly. Dubai’s bourse hit a 10-week on closing high as investors bet on a Dubai World restructuring offer favourable 
to creditors.

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local business

Middle East Credit Group Tackles Strategy for Industry

DUBAI - Members of the Middle East Credit Reporting Association, or MECRA, convened at the Association’s inaugural meeting on Saturday in Dubai to review its strategy of promoting the credit reporting industry in the region, supporting the development of credit bureaus through the exchange of knowledge, and to discuss best practices in order to establish industry standards for this region.

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