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HuaweiDUBAI - Dubai Bank signed a Memorandum of Understanding (MoU) with the Community Development Authority, or CDA on Saturday. The MoU marks a step forward in the bank’s Corporate Social Responsibility, or CSR, programme, and is in line with its commitment to support educational causes through its CSR activities.
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The Shaikh Khalifa Fund for Support and Development of SME has approved to finance 67 new small and medium enterprises at a cost of AED 111.12 million.
DUBAI - Construction giant Arabtec Holdings PJSC confirmed on Saturday that it has reached an accord with the Abu Dhabi-based bidder Aabar Investments on a 70 per cent share transaction deal worth Dh6.4 billion.
Arabtec share value plunged after the company agreed to sell a 70 percent stake to Abu Dhabi's Aabar Investments in a deal seen as negative to Arabtec's minority shareholders, weighing on Dubai's index.
ABU DHABI — Abu Dhabi-listed Aabar Investments Company said on Friday that it has decided to acquire a 70 per cent stake in UAE’s largest construction firm, Dubai-listed Arabtec Holding, a deal which it said will be beneficial for both the companies.
DUBAI — Dubai World Trade Centre, or DWTC, on Friday launched the 2010 exhibition calendar with six of the Middle East’s leading business shows covering key sectors including fashion jewellery, consumer goods, security, digital media and healthcare.
DUBAI — Noor Investment Group has announced the launch of an interactive online forum in a bid to create a new model for customer engagement and collaboration.
ABU DHABI - Gold sales are likely to be better in the Middle East in 2010, compared to 2009, as the demand is picking up and markets are stabilising, according to Anan Fakhreddin, Managing Director of the World Gold Council, Middle East and Turkey.
DUBAI - Brandt Middle East, a distributor of French premium brands of kitchen appliances, De Dietrich and Brandt, and its local partner Mahy Khoory & Company, announced the opening of the La Galerie showroom. Located in Dubai, the showroom will serve as a resource centre for designers, architects, retailers and end-users.
DUBAI - Dubai World, the state-owned holding company seeking to restructure its debt, moved to quell speculation it could present its restructuring plans to creditors on Thursday, as reported by an Arabic-language newspaper.