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HuaweiABU DHABI — Abu Dhabi Tourism Development & Investment Company, or TDIC’s, $1.45 billion sukuk programme is off to a good start, getting the nod of three major ratings agencies. Moody’s Investors Service has assigned a provisional Aa2 rating to TDIC’s Islamic bonds, while Fitch Ratings and Standard & Poor’s gave it an AA rating.
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DUBAI — Jotun Paints has announced the launch of a new version of ‘ColourAdviser’ — an online colour visualisation tool – that can also be accessed in all 1,050 outlets comprising of ‘Multicolor Centres’ and ‘Inspiration Centres’across the Middle East.
DUBAI — Regional investors are now more bullish about the real estate sector than they were six months ago, with many expecting Abu Dhabi, Saudi Arabia and Qatar to be the first to recover in the next 12 months, accoeding to Jones Lang Lasalle.
DUBAI — Dubai Group, an investment vehicle, is reviewing options for its stake in Malaysia’s Bank Islam as it shifts its strategic focus closer to home, it said on Thursday.
DUBAI — The Dubai International Financial Centre announced on Thursday that it is working closely with the World Bank Group’s Multilateral Investment Guarantee Agency, or MIGA, on an initiative to assist and support the development of the region’s bond and 
Sukuk market.
DUBAI — UAE Minister of Economy Sultan bin Saeed Al Mansouri has reiterated the government’s commitment to diversify 
the economy.
DUBAI — The International Bar Association, or IBA, has announced that Dubai has been selected as the host country for its 2011 Annual Conference.
DUBAI — Emirates Telecommunications Corp. or Etisalat, the UAE’s biggest telecommunications company, could see its revenue in the third quarter slashed by 9.9 per cent from the previous quarter due to a decline in population, and increasing competition from rival Emirate Integrated Telecommunications Company or du, Al Mal Capital said.
DUBAI — A Dubai-based company is opening what it says will be the world’s largest confectionary store in Dubai as it looks to tap demand from the Gulf Arab region’s hunger for candy.
DUBAI — More than 200 companies from 34 countries are expected to participate in the Halal Expo 2009 to be held from November 10 to 12 at the Madinat Jumeirah in Dubai.