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HuaweiDUBAI - Dubai International on Wednesday posted 9.2 per cent growth by handling a record 40.9 million passengers in 2009 to claim the coveted title as the world’s fastest growing major airport in
 international traffic.
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ABU DHABI — Arabtec Holding PJSC has claimed that it has fully complied by the disclosure regulations of the Securities & Commodities Authority (SCA) while dealing with the proposal from Aabar Investments PJSC to acquire its shares.
DUBAI — Dubai International Financial Centre, or DIFC, is considering a substantial reduction in fees before the middle of this year to attract more funds, a top official of the financial free zone said.
DUBAI - Luxembourg needs to tap opportunities in wealth management and collective investments in the Middle East and North Africa, or MENA region, its finance minister said.
DUBAI - Dubai Chamber of Commerce & Industry said that the value of exports by its members surged to a record high in December 2009, but the total exports for 2009 fell by 16 per cent to Dh186.1 billion, compared to 2008.
DUBAI - Consumer goods trade in the Gulf continues to show signs of growth, reflecting Dubai’s intrinsic economic strengths and dynamism, according to Al Fajer Information and Services.
Both the Landmark Advisory and Asteco in their latest studies report that apartment rents in Abu Dhabi saw marginal falls in the last three months of 2009 and were likely to maintain that trend in the first half of this year, as increased residential supply are coming online.
ABU DAHBI - Emirates Telecommunication Company or Etisalat has introduced the unlimited data package allowing customers to save more than 14 per cent on their internet usage.
DUBAI - Dubai-based office furniture giant BAFCO broke ground on a 245,000 sq ft facility on Monday at the Dubai Industrial City, which is expected to dramatically raise the company’s output from 50,000 furniture units to 150,000 units a year.
DUBAI — Barclays Bank said on Monday that it had won a Dubai court order for foreclosing a mortgage loan and described the landmark verdict as a sign that “the UAE property market is evolving in line with other mature markets.”