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HuaweiABU DHABI — Drydocks World, Dubai will deliver eight seismic ships to two owners before the third quarter next year, the company manging director Nawal Saigal said here on Tuesday.
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ABU DHABI — DVB Bank AG said on Tuesday that the next several years will be tough for shipbuilders across the world and only the fittest 
would survive.
ABU DHABI — Abu Dhabi Ship Building, or ADSB, said on Wednesday that it has 74 new-build and 32 refit, repair and upgrade orders on its books and hopes to achieve revenue of nearly a billion dirhams by the end of the year, or up to 15 per cent higher from 2008.
DUBAI — The UAE on Tuesday called for strengthening the economic oversight role of the International Monetary Fund, or IMF, and praised the reforms initiated by the Washington-based organisation to achieve global financial stability.
JEDDAH — With the government’s massive investment expenditure serving as the ‘key driver’ Saudi Arabia will experience slow domestic growth in 2009, according to the National Commercial Bank, or NCB.
DUBAI — National Bonds Corporation PJSC, the Shariah-compliant National Savings Scheme, has launched a ‘Save for Life’ festival promotion that aims at rewarding and giving new and existing bondholders an opportunity to triple their chances of winning.
ABU DHABI — Property rents in Abu Dhabi remained stable for the fourth consecutive month in September, according to a survey by the Khaleej Times and Asteco, a property management firm.
DUBAI - Most areas of Dubai witnessed no change in apartment rents during September compared to August, but office rents declined in some parts of the emirate up to 25 per cent due to oversupply, according to a survey by the Khaleej Times and property management firm Asteco.
DUBAI - Property developers in Dubai are paying a heavy price for their past penchant for excess. Yet their zeal and extravagance might, paradoxically, be crucial to the industry’s long-term recovery, the son of America’s best-known property mogul told a Cityscape audience on Monday.
DUBAI - The Dubai Properties Group, or DPG, has put all its focus on executing and delivering its projects on time, even as most of them are under review, and it promises to hand over five new developments to customers before the end of the year, Group Chief Executive Officer Khalid Al Malik told Khaleej Times on Monday.