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HuaweiDUBAI - Bank Emirates NBD will exchange $1 billion medium-term bonds for shorter-term bonds in an effort to boost its regulatory capital ratios, the bank said.
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DUBAI - Courier company Federal Express International Inc. is expecting a double-digit growth this year from its operations in the Middle East region, a top official of the company said.
ABU DHABI - The UAE-Jordan Joint Economic Ministerial Commission on Thursday agreed to forge cooperation in the fields of economy, trade, investment, industry, agriculture, energy, geology, tourism and communications.
DUBAI - Leading global Microsoft Dynamics implementation partner, Columbus IT yesterday held its first customer-focused technology update session in Dubai.
DUBAI - Al Otaiba Communications, a leading telecom and technology product distributors in the Middle East and the exclusive distributor for Sitecom in the region, announced the availability of the WL-330 Sitecom Wireless Range Extender 300N from the Pure E-motion line, which guarantees an optimal extended range of any wireless network.
DUBAI - Steady growth in passenger and cargo traffic in 2008, and the successful opening of Terminal 3 in Dubai has boosted the materials handling and logistics industry.
DUBAI - The fledgling cruise industry in Dubai is fast picking up this year with 117,227 tourists in the emirate booked to go on world cruise aboard 99 cruise liners set to drop anchor at the Port Rashid Cruise Terminal all the year round.
DUBAI - Al Futtaim Motors, distributors for Toyota and Lexus in the UAE, said combined sales of the two brands surged 47 per cent in March over January this year.
DUBAI - Indonesian Trade Minister Mari Pangestu met with UAE Foreign Trade Minister Shaikha Lubna bint Khalid Al Qasimi on Monday and agreed to form a joint commission on the economic sector to explore areas of co-operation between the two countries.
DUBAI - Dubai Aluminium Company, or Dubal, the largest smelter in the Middle East said its net profit in 2008 rose by 16 per cent from a year ago to Dh2.21 billion.