DUBAI — Middle Eastern and North African stocks, which were hurt more than average by the global financial crisis, are poised to outperform developed markets due to the region’s growth potential, fund manager Beltone Financial said on Monday.
DUBAI — Middle Eastern and North African stocks, which were hurt more than average by the global financial crisis, are poised to outperform developed markets due to the region’s growth potential, fund manager Beltone Financial said on Monday.
DUBAI — UAE shares extended gains for a second day on Tuesday, with investors snapping up blue chips led by Dana Gas which surged to a six-month high, as global market rallies and firmer oil prices helped ease worries about the recession.
DUBAI - Dubai Chamber of Commerce & Industry, or Dubai Chamber, said that the volume of exports of its members in April reached at Dh15 billion, which is 2.5 per cent lower than the month of March but higher by five per cent than February 2009 figures.
AJMAN - Sweet Homes Holding, a real estate developer, is maintaining the prices of its property units despite the current slowdown of the global economy, its CEO Fahad Sattar Dero said.
DUBAI - Drydocks World-Dubai, the ship repair, conversion and building subsidiary of Drydocks World, has added two new berths to its facility, increasing its conversion capacity. Completed recently, Berths 9 and 10 are now fully operational and have recently accommodated the 380-metre long TI Asia, Abuzar and Spring Bow for 
conversion works.
DUBAI - Emaar Properties advanced on Monday after Nomura International Plc. raised its price estimates for the shares of the Middle East region’s biggest property company and kept its ‘buy’ rating.
ABU DHABI – Abu Dhabi Commercial Bank (ADCB) and Finance House PJSC (FH) have signed an AED 292 million Credit Facility Agreement, whereby ADCB extended a medium term loan, overdraft, and guarantee facilities to FH.
ABU DHABI – The world is undoubtedly facing a challenging era for security planning and decision making, complicated further by the recent global economic crisis, a UN official admitted.
Diamondlease wins the coveted 'Best Car Rental Company (Local Brand)' in the Middle East & North Africa region for the year 2009 at the prestigious Middle East & North Africa (MENA) Travel Award (Platinum), for the 6th consecutive time.
DUBAI - The Dubai Mall, the UAE’s largest indoor shopping centre as measured by internal floor space, has generated 10,000 jobs since December, the head of the property developer that built the emporium said on Sunday.