DUBAI - Heavyweight petrochemical and banking stocks led Saudi Arabia’s stock market to a negative close for the second straight session on Saturday.
DUBAI - Heavyweight petrochemical and banking stocks led Saudi Arabia’s stock market to a negative close for the second straight session on Saturday.
DUBAI ¡ª Huawei Symantec Technologies, a joint venture between Huawei Technologies and Symantec Corporation, is gearing up to expand its presence in both the regional and global markets, and take a bigger slice of the global network security industry, which is projected to hit $9.5 billion 
by 2015.
ABU DHABI — The UAE’s top regulator has issued a draft of new corporate governance guidelines for its banking sector, the first update in seven years in a region that has been criticised as lacking transparency.
DUBAI — The global economic fallout has changed the rules of the game as far as companies are concerned, with majority of companies worldwide forced to try new strategies to survive, while a significant minority are showing a keen interest in taking advtange of new opportunities arising from the downturn.
DUBAI — There is a huge potential for the insurance industry in the region, as penetration remains well below the levels in most parts of the developed world, the Dubai International Financial Centre Authority, or DIFCA, said a recently-released publication.
ABU DHABI — Arabian Resources Publishing, a member of Dubai’s Iqra Group of Companies, has launched a marketing initiative called the Global Business Community, or GBC, to promote trade between importers and exporters in different countries.
DUBAI — Flydubai, the Dubai government-owned low cost airline, is cutting its air fares in selected routes by 50 per cent from June 22 to September 14, a move it hopes will increase passenger volume during the summer months and boost tourism in the emirate.
DUBAI - British Parliamentary Under-Secretary of State for Security and Counter-Terrorism, Admiral The Lord West of Spithead, accompanied by the Consul General Guy Warrington, visited Emirates Group Security headquarters in recognition of the close cooperation and assistance in border enforcement and 
aviation security.
DUBAI - The leading property developer Al Fajer Properties, or AFP has successfully secured construction financing from Commercial Bank of Dubai, or CBD for its projects in Jumeira Lake Towers
 Community, or JLT.
DUBAI - Al Futtaim HC Securities has resumed coverage of Emirates Integrated Telecommunications Company or du with a “hold” recommendation, as subscriber base growth is likely to slow down due to easing population in the UAE.