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HuaweiDUBAI — The Dubai Chamber of Commerce and Industry has launched a business advisory service to assist its members in managing their businesses in these challenging times.
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ABU DHABI — The Abu Dhabi Airports Company, or ADAC, will be participating at the Paris Air Show in Le Bourget, where it will be holding talks, signing agreements and making a number of important announcements throughout the week.
DUBAI — STC announced the appointment of Engr Saud bin Majed Al Daweesh as Chief Executive Officer of STC Group following new organisational restructuring in order to cope with the large expansion of STC operations both locally and internationally.
DUBAI — Emirates Glass LLC, or EGL, a subsidiary of Dubai Investments, has announced that the commissioning of its new Dh100 million glass coating line is progressing right on schedule and will be prepared to go online for the first time in August 2009.
DUBAI — Goldman Sachs has raised its target price for Arabtec Holding, the country’s largest construction company, and two Abu Dhabi-based property companies, Aldar Properties and Sorouh Real Estate.
DUBAI — Two fledgling companies, one involved in patient financing, and another, a service provider that can rank non-spam emails according to their importance, competed with more than 1,200 companies from 17 countries spanning North Africa, the Gulf and Levant, and emerged as first place winners to split the $50,000 prize money in the 2009 MIT Arab Business Plan 
Competition.
JEDDAH — Jeddah Municipality’s road projects amount to a total of SR5billion, of which, projects worth SR1 billion are on the anvil, according to Ahmad Banafa, general supervisor for municipality projects. “Projects that are currently under bidding are estimated at SR1.1 billion while 35 projects worth SR3 billion are still in the designing phase,” Banafa said.
DUBAI — Car sales in the GCC region have picked up in the second quarter of 2009, continuing a trend which began to emerge in March, a report from AutoMiddleEast.com, an industry analysis firm said on Thursday.
DUBAI — Jet Airways, India’s leading private commercial airline, has launched a new economy class service in a move to cushion itself from the tough competition posed by a growing array of budget carriers.
ABU DHABI — Lower trade volumes will squeeze revenues and earnings for DP World, with the port operator’s net profit likely to plunge by 54 per cent to $265 million this year from $572 million in 2008, Kuwait Financial Centre, or Markaz, said on Thursday.