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HuaweiDUBAI — Leading international household names including Ericsson, Kraft and L’Oreal have set up operations at Limitless’ Downtown Jebel Ali development, where almost 350,000 square feet of free zone A-grade office space is already taken up.
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DUBAI — Trading Enterprises - Honda, an Al Futtaim group company and exclusive distributor of Honda in the UAE, will showcase the world’s first sea-worthy electric boat at the Dubai International Boat Show which began on Wednesday., thus bringing safe, environmental friendly yachting experience in the Middle East for the first time.
ABU DHABI — The UAE has launched steps to reform the federal budget process as part of its efforts to move into a zero-based budget regime from 2011.
DUBAI — The Dubai government is betting its hefty Dh50-million tourism campaign is just the needed shot in the arm to lure back tourists to the financial and tourism hub.
DUBAI — The Middle East will lead the world out of the current economic meltdown, according to 76 per cent of the business leaders who participated in a survey conducted by CONNECT - World CEO Forum.
DUBAI — Financial regulators throughout the Gulf, faced with a moribund market for initial public offering, should encourage more of the region’s many family-owned businesses to go public by reducing the amount of shares they must issue to get listed, said Dubai’s chief economist.
DUBAI — HSBC Bank Middle East Limited expects a difficult year for its operations in the Middle East which is reeling from the global economic crisis.
DUBAI — Standard Chartered recorded a 25 per cent jump in its 2008 operating profit before tax for its regional business in the Middle East and South Asia, the company said on Tuesday.
DUBAI — Sharp differences are emerging between bankers and developers on the possibility of changing the lending levels by the banks in the UAE in the backdrop of the global financial crisis.
DUBAI — Dubai Properties, a subsidiary of Dubai Properties Group, will hand over the Dh735 million Al Waha Villas development by the second quarter of 2009.