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DUBAI - Indian outsourcing firm Satyam Computers Limited, newly rebranded as Mahindra Satyam, aims to double its business in the Middle East by 2010, a top company official said 
on Tuesday.
ABU DHABI - Executives and directors of the finance ministry in a meeting evaluated the strategic plans for the first half of the year.
AMMAN - Emaar International Jordan, the country subsidiary of Emaar Properties PJSC, has unveiled the second phase of The Apartments within Rift Living, a key component of the Samarah Dead Sea Resort 
master-planned community.
DUBAI - SunGard has extended the capabilities of its GMI system to facilitate processing of equity derivatives traded on NASDAQ Dubai, the Middle East’s international stock exchange. GMI is a clearing and accounting solution for exchange traded derivatives, futures and options.
DUBAI - Non-oil exports from companies in Dubai that are based outside the emirate’s free zones increased by two per cent in the first half of 2009 compared to the same period last year, in spite of the worldwide economic slowdown, a top government official said on Monday.
ABU DHABI - Invest AD has raised over $100 million subscriptions to its newly launched UAE Equities Fund from institutional investors, reflecting rising interest in nation’s undervalued shares.
DUBAI - Dubai Islamic Bank, or DIB announced that Jordan-based Industrial Development Bank, or IDB has received a preliminary banking licence by the Central Bank of Jordan to operate as an Islamic 
 financial institution.
DUBAI - HSBC Bank Plc kept its “overweight” rating on DP World, saying that the world’s fourth largest container port operator “could win in any shake up of the sector” as the global container handling business continues to face rough sailing amid weakening markets.
DUBAI - Emcredit, the UAE’s first government-backed credit information services company, on Sunday announced that it is set to launch quarterly market and credit-related economic indicators focusing on the UAE.