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HuaweiDUBAI — Kraft Foods Inc. said its second quarter revenue revenue rose by 9.3 per cent, driven by strong performance across its global operations, and by cost-cutting measures.
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DUBAI — Drydocks World – Southeast Asia Pte. Limited, the Southeast Asian subsidiary of Drydocks World, has announced the deliveries of vessels Endevour,Greatship Ahalaya, Mermaid Vision and Ark Dartmoor from their Drydocks World – Nanindah yard and Armada Tuah 104 from their Drydocks World – Pertama yard.
DUBAI — Dubai Shopping Malls Group, or DSMG, has reported a 17 per cent aggregate growth in sales this Dubai Summer Surprises over last year.
DUBAI — EFG-Hermes has upgraded Emaar Properties to a ‘neutral’ from ‘reduce’ rating in the short-term, citing its better-than-expected second quarter results and its expected stronger performance in the second half.
DUBAI —In response to increased customer demand, GITEX Shopper & Consumer Electronics Expo 2009 will open across two full weekends to provide visitors with even more time to take advantage of the exclusive deals and promotions on a wide variety of technology.
DUBAI — Mazda has taken lead in the UAE automotive industry as its all-new 2010 Mazda3 model was launched in the country on Wednesday by Galadari Automobiles, the sole distributor of the Japanese brand in the UAE.
DUBAI — UAE shares drifted lower on Wednesday, bucking an overnight rebound on Wall Street as invesors cashed in profits following a drop in oil prices, and held back due to mixed signals about global economic recovery.
DUBAI — The Dubai government’s investment arm, Dubai World, is contemplating pulling out its stake in the 16 billion ringgit or $4.5 billion Malaysian maritime centre project with local infrastructure and utility firm MMC Corporation Bhd., as the global economic slump takes its toll on the government-run company’s projects abroad.
ABU DHABI — Air travellers in the UAE now have greater access to the destinations in US, following the regulatory approval for a new codeshare agreement between Etihad Airways and 
American Airlines.
DUBAI — Kerzner Development, a unit of Kerzner International Holdings Inc, which developed the Atlantis hotel complex in Dubai, confirmed on Wednesday that its president Jim Boocher has died of a heart attack on Tuesday morning in El Jadida, Morocco, where he was overseeing the finishing touches of the company’s new development at Mazagan.