DUBAI — Dubai and Abu Dhabi need to create about 150,000 white-collar jobs to provide enough buyers for the houses and apartments being completed in the next two years, Nomura Holdings Inc. said.
DUBAI — Dubai and Abu Dhabi need to create about 150,000 white-collar jobs to provide enough buyers for the houses and apartments being completed in the next two years, Nomura Holdings Inc. said.
DUBAI — UAE shares ended mixed on Thursday with Dubai slipping on profit-taking after recent rallies, and Abu Dhabi remaining steady as oil prices hit a one-year high.
DUBAI — Dubai-based jewellery group Damas International Ltd. has tapped PricewaterhouseCoopers, or PWC, as an independent auditor to probe the unauthorised transactions of some $165 million by former Chief Executive Officer and Managing Director 
Tawhid Abdulla.
DUBAI — Commercial Bank of Dubai, or CBD, announced on Wednesday that its operating profit surged by 6.6 per cent to Dh915 million in the first nine months, compared to the same 
2008 period.
DUBAI — National Prawn Company, or NPC, the world’s largest fully integrated prawn farm, announced its plans on Wednesday to open a regional sales office in Dubai on the sidelines of ‘Sea Food Expo 2009’ — the region’s only dedicated seafood event. The Saudi company also revealed that it would be establishing a cold store in Dubai soon to enable it to expand its fresh and frozen prawn products offerings to local customers.
DUBAI — Grocery chain operator Spinneys Dubai LLC will open its new branch today within Souq Extra at the Ewan Residence in Dubai 
Investment Park.
DUBAI — Galadari Trucks and Heavy Equipment Co.Ltd.L.L.C., distributors of construction equipments in the UAE, is displaying Komatsu Construction Machines and Komatsu Forklifts products at the ongoing Conmex construction machinery exhibition in Sharjah.
DUBAI — The Gulf region will continue to attract foreign investment, which in turn will encourage businesses to invest and spark more demand from borrowers, the head of Bahrain Association of Banks, or BAB, said 
on Tuesday.
DUBAI — Banks in the UAE face a liquidity shortfall estimated at Dh40 billion, a top executive of Standard Chartered Bank said on Tuesday.
DUBAI — The current value of the oil and gas reserves of the Gulf Cooperation Council is estimated at $18.3 trillion, according to a research done by the DIFC Authority’s Economics Unit.