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HuaweiDUBAI - Imdaad, an integrated facilities management company fully-owned by Dubai World, is seeing continued growth despite the economic slowdown and expects revenue growth of 30 per cent this year.
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DUBAI - New Zealand yacht and boat manufacturers are eyeing robust sales in the Middle East, saying the region remains a major market despite the global downturn.
DUBAI - Qatar Telecom has raised its stake in PT Indosat Tbk to 65 per cent from 40.81 per cent, with the purchase of an additional 1.314 billion shares in Indonesia’s second-largest telecommunications company.
MUMBAI — India’s benchmark stock index fell to its lowest level in three years, led by Reliance Industries Ltd. and ICICI Bank Ltd., on concern governments’ attempts to revive the global economy will fail.
DUBAI — Emirates Airline and the Mauritius Tourism Promotion Authority have launched a joint campaign to promote the Republic of Mauritius in four cities across the Middle East.
MANAMA — Room occupancy ratio in Oman’s four and five star hotels went up by 8.9 per cent in 2008 compared to 2007. This is largely being attributed to a successful promotional campaign in the Gulf region launched by the government to encourage tourism in the Sultanate.
MANAMA — International Quality and Productivity Centre (IQPC), the global provider of tailored, industry-driven conferences, announced on Thursday that they would be hosting the ‘MENA Maritime Security & Coastal Surveillance 2009’ in Bahrain from March23-25.
DUBAI — Dubai-based Emaar Properties may shelve projects worth more than Dh90 billion as worried investors step up pressure on the Middle East’s biggest property developer to halt projects in the face of collapsing prices.
DUBAI — Emirates NBD, the United Arab Emirates’ biggest bank by assets, plans to convert about Dh6.3 billion ($1.7 billion) of government deposits into capital as a cushion against losses amid the financial turmoil.
DUBAI — Galadari Automobiles has appointed R. Krishnan as the General Manager to head their entire operations in the UAE. A seasoned professional, Krishnan comes with rich experience of over three decades in the
 automotive industry.