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HuaweiABU DHABI — Work on the infrastructure work for the Yas Island is almost complete and it will be ready for use much ahead of the the inaugural 2009 Formula 1™ Etihad Airways Abu Dhabi Grand Prix motor race to be held on the island on November 1.
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DUBAI — Noor Islamic Bank PJSC announced the launch of foreign currency exchange services at its Dubai Airport Terminal 3 branch for the additional convenience of passengers and tourists.
LONDON — Bankers are working on financing to back bids for a potential 64.4 per cent stake in Morocco’s second-largest telecoms company Meditel, bankers close to the deal said on Friday.
DUBAI — Etihad Crystal 
Cargo, a division of Etihad Airways, is to launch a twice weekly service from its hub at Abu Dhabi airport to Baghdad, the capital of Iraq.
JEDDAH — The petrochemicals sector in Saudi Arabia offers one of the most promising long-term routes toward economic diversification, according to a report by the Riyadh-based Samba Financial Group.
DUBAI — Airlines in the Middle East reported a significant rise in both passenger demand and air freight in July, standing out once again in an aviation industry struggling with shrinking business almost everywhere else, the International Air Transport Association said on Thursday.
DUBAI — Dubai-based container port operator DP World reported that its first-half profit after tax from continuing operations fell by 34.4 per cent to $188 million, due to a downturn in cargo volumes handled at its terminals around the globe.
Average inflation for the first seven months of 2009 edged higher to 3.0 per cent from the same period last year
DUBAI — A trend of real estate industry consolidation is building in the UAE and other GCC countries, to the benefit of long-term investors and respective national economies, a repected international consulting firm said 
on Wednesday.
DUBAI — UAE-based Gulf Craft Inc, one of the world’s leading boat and yacht manufacturers, is expanding into South Africa’s leisure boating market, as the company plans to exhibit its top selling model Silvercraft 33 to leisure boating fans at this year’s boat shows in the country.