DUBAI — The UAE is well-positioned to take advantage of the brightening global economic growth outlook, Minister of Foreign Trade Shaikha Lubna Al Qasimi said on Sunday, at the opening of the fourth annual Bled Strategic Forum in Slovenia.
DUBAI — The UAE is well-positioned to take advantage of the brightening global economic growth outlook, Minister of Foreign Trade Shaikha Lubna Al Qasimi said on Sunday, at the opening of the fourth annual Bled Strategic Forum in Slovenia.
DUBAI — The UAE economy has overcome the worst phase of the global financial crisis and will see growth by the last quarter of this year, Minister of Economy Sultan Al Mansouri said on Sunday.
DUBAI — Dealers of luxury brands operating in the Dubai Airport Freezone have changed their business strategies by increasing sales in the oil-rich Gulf states to escape the negative impacts caused by the global financial crisis.
ABU DHABI — The Central Bank of the UAE has extended the application of the official repo rate of one per cent from one week to one month in order to create more liquidity at a lower cost in the financial system.
DUBAI — Dubai has become the first city in the Gulf region to launch the world-renowned lock box system, which will bring advancement to the real estate brokerage business in the UAE.
DUBAI — State-owned Dubai Holding on Saturday announced appointment of top officials for its newly created property vertical.
DUBAI — Shuaa Capital said on Saturday that it would issue 515 million shares to Dubai Banking Group, or DBG, implementing an agreement to resolve a long-running bond dispute.
JEDDAH — The Makkah Chamber of Commerce and Industry plans to convert MCCI into an advanced e-chamber and create an attractive investment climate in Makkah, according to Abdul Wahab Mirza, chairman of MCCI.
DUBAI — Global Capital Management Ltd, the alternative investment funds’ arm of the Kuwait-based Global Investment House, said on Thursday its Global Umbrella Europe Hedge fund outperformed respective benchmarks by posting 6.6 per cent return 
year-to-date.
JEDDAH — There has been an 11.39 per cent year-on-year (y-o-y) decline in the kingdom’s ports throughout, according to the Saudi Ports Authority in its Q1 2009 figures, which said that the global downturn had hit throughput levels at the kingdom’s ports.