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HuaweiDUBAI — More UAE properties will be sold through auctions in the coming months as sellers struggle to find buyers, according to a real estate
brokerage firm.
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DUBAI — Etihad Airways has announced the appointment of Masatsugu Nishiyori (Nick) and Juan Torres to head up its offices in Japan. Based in Tokyo, Nishiyori will serve as the airline’s vice-president– general manager in Japan, while Torres will take up the position of 
commercial manager.
DUBAI — Dubai World Trade Centre, or DWTC, announced the opening of Trade Centre Plaza by the end 
of September 2009.
DUBAI — Governments in Arab countries need to introduce attractive incentives to bring its young population back home as these countries are losing $1.57 billion annually from brain drain, a new study has found.
DUBAI — The UAE has established the 60th Chapter of the International Fiscal Association, or IFA, a Netherlands-based body dealing with fiscal matters.
DUBAI — Al Fara’a Properties, a member of the Al Fara’a Construction, Property and Industrial Group, has announced that the handover of units within its Dh225 million inaugural residential development ‘Le Grand Chateau’, or LGC, is complete, ahead of the 2010 deadline.
DUBAI — Dubai Silicon Oasis Authority, or DSOA, the regulatory body for Dubai Silicon Oasis, announced the appointment of Ray Milhem as the new Chief Technology Officer.
DUBAI — Al Futtaim HC Securities raised its 2009 earnings estimates for Dubai Islamic Bank by 5 per cent, saying it expected improving margins to offset the incease in loan loss charges and the reduction in non-interest income.
ABU DHABI — The UAE central bank’s revamp of the banking panel that sets interbank rates and its other efforts to spur lending may not have any effect until next year, bankers 
and analysts said.
DUBAI — Property and banking shares pulled up UAE bourses to end a choppy trading week in positive territory and helped Dubai snap out of a three-day slide.