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HuaweiDUBAI - The United Arab Emirates said on Tuesday it would move to bring down the cost of basic food items charged by retailers because they were no longer appropriate following a slump in world commodity prices.
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DUBAI - Retail gold sales volume in Abu Dhabi fell 20 per cent on the year in the first quarter 2009 as high prices and a slowing economy sapped demand, a member of the Abu Dhabi Gold and Jewellery Group said on Tuesday.
DUBAI - The Middle East Watch and Jewellery Show is set to register good visitor turnout and give investors and the common man another opportunity to invest more in gold, a top 
official said.
DUBAI - UAE’s 18 best companies drew loud cheers at the prestigious 2008 Mohammed bin Rashid Al Maktoum Business Awards of the Dubai Chamber of Commerce & Industry.
DUBAI - The Dubai Cotton Centre or DCC plans to start operations during the third week of April, following a three-month delay due to economic uncertainty, an executive told Reuters. The centre will be a redistribution and trading post for cotton from Uzbekistan en route to Asia.
DUBAI - Rakeen, real estate development arm of the Ras Al Khaimah Government, has recently completed reclamation work of the $1 billion Al Marjan Island, the first man-made island in the emirate of Ras Al Khaimah.
ABU DHABI - Etihad Airways is planning to launch its own destination management company to provide a diverse range of leisure and business activities for visitors to the country.
DUBAI - Heritage, a leading independent global provider of captive management and insurance services, has received a license from the Dubai Financial Services Authority to establish an insurance management company in the Dubai International 
Financial Centre.
ABU DHABI -Thuraya, the UAE-based mobile satellite service (MSS) provider, has announced the launch of its services in Korea, as part of the strategy to expand market presence in the Asia Pacific region.
DUBAI - Many foreign professional workers in the Middle East prefer to ride out the economic crisis rather than go home, with a large number believing that conditions will improve in a year’s time.