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HuaweiDUBAI — Customer satisfaction with UAE banks has risen dramatically in 2009, with banks taking more aggressive steps to keep a narrowing customer base amid the global recession, according to an independent survey of retail banks in the country.
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DUBAI — Drydocks World - Dubai, the region’s ship repair, conversion and new building yard and flagship company of Drydocks World, reaffirmed its position in the marine industry, when it won the Shipbuilding/Shiprepair Award at the Lloyd’s List Middle East and Indian Subcontinent Awards 2009 for the fifth 
consecutive year.
DUBAI — UAE shares capped the week in negative territory on broad-based profit-taking, as edgy investors cashed out ahead of the forthcoming Eid Al Adha holidays.
DUBAI — Dubai-based holding company Perla Group International plans to list on the Nasdaq Dubai in 2010 and is finalising an acquisition in the aviation sector, its chief executive said on Thursday.
DUBAI — UBS raised its price targets on shares of several property companies in the UAE on valuation, but forecast a further 20 per cent to 30 per cent drop in Dubai house prices from current levels.
DUBAI — Kotak Mahindra Bank, one of India’s leading private banks,
DUBAI — Contractor and engineering company Drake and Scull International has acquired 82 per cent of Germany-based Passavant-Roediger, a wastewater treatment company, for Dh145 million. DSI said it is eyeing two more acquisitions before the end of the year in Qatar and Kuwait.
DUBAI — Dubai shares pulled back on Wednesday, weighed down by property and banks, as investors tracked mixed trading in Asia.
ABU DHABI — The Central Bank of the UAE has implemented the Basel-II system asking for tougher capital adequacy levels for a sound banking industry.
SHARJAH — The Sharjah Chamber of Commerce and Industry, or SCCI, has urged the country’s different chambers of commerce to strengthen their working relationships with local businesses.