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HuaweiDUBAI — Dubai may be dependent on the second part of a bond offering to meet debt obligations of $6.8 billion next quarter, Deutsche Bank AG said.
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ABU DHABI — State-run Emirates Steel Industries has signed a deal worth Dh1.74 billion with Italian steelmaker Danieli Corporation to boost its production capacity by 50 per cent to three million metric tonnes annually, the chairman of the Abu Dhabi-based company said.
By all accounts, September 15, 2008, was tragically historic. What followed the bankruptcy of Lehman Brothers investment bank was nothing more than carnage on the high streets of global finance.
DUBAI — Lower costs of construction, driven by the significant drop in prices of building materials, is encouraging more activity in Ajman property market.
ABU DHABI — Abu Dhabi’s Al Hilal Bank will setup real estate and share brokerage subsidiaries next year, a top official said on Monday.
DUBAI — Standard Chartered Bank, the UK lender, expects the UAE economy to grow 0.5 per cent this year as confidence slowly coming back 
to the market.
DUBAI — Auto sales in the UAE are expected to rise 5 per cent between 2009 and 2010 as an easing in liquidity conditions boosts confidence in the sector, according to an analysis by the 
Dubai Chamber.
DUBAI — Jafza-based Dubai Tea Trading Centre, or DTTC, a division of Dubai Multi Commodities Centre, has posted an increase of more than 60 per cent in its tea trade in the first half of the year.
DUBAI — New laws being drafted to give full ownership rights to foreign high-tech industries and to protect investments by foreigners in the UAE will bring big changes to the nation’s economy, helping to speed up its diversification and spur fresh investments, business leaders and investment experts said on Monday.
DUBAI — The value of food products exported by Dubai rose by 17 per cent to Dh3.5 billion last year while re-exports recorded a 52 per cent jump to Dh4.1 billion during the same period compared to 2007.