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HuaweiDUBAI — Dubai Islamic Bank (DIB) expands its operations in Jordan and plans to increase global presence over next five years.
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ABU DHABI — Using Information and Communication Technology or ICT, a local company is in the middle of an ambitious programme connecting 60,000 buildings in Dubai to a National Life Safety programme, under which civil defence responds to emergencies in less than two minutes, saving precious lives and properties.
DUBAI — Dar Al Arkan Real Estate Development Co., Saudi Arabia’s biggest property company by market value, may issue a five-year fixed-rate Islamic bond, said a banker with knowledge of the sale.
DUBAI — Residential and commercial rents in Dubai remained unchanged during January compared to December last year despite the fact that people are still looking to upgrade, a survey by the Khaleej Times and property management company Asteco found.
ABU DHABI — Apartment rents in the central areas of Abu Dhabi remained stable in January due to the low movements in the market, a research study by Khaleej Times and property management firm Asteco shows.
ABU DHABI — Defence spending in the whole Middle East is expected to exceed $100 billion by 2014, according to Philip Keating, Business Relations Manager, Injazat Defence Services, Injazat Defence Services is one of the leading defence business and information technology services providers in the Middle East and is a subsidiary of Injazat Data Systems, floated as a joint venture between Mubadala Development Co. and HP.
ABU DHABI — Abu Dhabi listed Dana Gas net profit dropped 26.6 per cent to Dh88 million in 2009, well short of market expectations due to write offs, impairments.
DUBAI — Dubai-based investment bank Shuaa Capital said on Monday that its GCC Investor Confidence Index posted a decline in January, reflecting increasing uncertainty about the region’s economic conditions.
ABU DHABI - Abu Dhabi International Airport welcomed 9.7 million passengers in 2009, reflecting an increase of 7.3 per cent growth in passenger traffic over the previous year.
DUBAI - Emirates and Etihad Airways have outperformed their rivals British Airways, Air France and Qatar Airways in a service quality benchmarking report.