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HuaweiDUBAI - With the acquisition of an existing company and the establishment of two new ones, the GfK Group is expanding its commitment to the Middle East/Africa region (MEA). The companies will be integrated within the custom research sector, according to a Press statement.
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DUBAI - AGMC, the exclusive importer of BMW Group cars in Dubai, Sharjah and the Northern Emirates has announced that its 2008 sales of BMW and MINI achieved a 17 per cent increase over 2007 sales figures.
DUBAI - Bucking the trend in the banking industry, Dubai Bank has ruled out layoffs at its IT department and rather aims to recruit selectively to augment existing skill sets, a senior bank official said.
DUBAI - Emirates Islamic Bank (EIB) took another step towards its rapid growth by opening its new branch located in Abu Hail, near Abu Hail Centre, on Monday.
ABU DHABI - Thuraya, a world leading mobile satellite operator headquartered in Abu Dhabi has signed a commercial agreement with its long-standing service providers Connect Telecom appointing them as a distributor of the innovative broadband solution to international vertical markets.
DUBAI - The total value exports and re-exports from Dubai surged 42 per cent to reach Dh240 billion in 2008, the Dubai Chamber of Commerce & Industry (DCCI) said on Sunday.
DUBAI - Bucking the property slump, Deyaar Development said on Sunday its fourth-quarter net profit jumped 59 per cent from a year ago to Dh343 million driven by strong revenue.
ABU DHABI - Al Ahli Bank of Kuwait (ABK) on Sunday became the first Kuwaiti bank to make its presence in Abu Dhabi with the opening of its branch in the emirate.
DUBAI - Damac Properties has recorded an impressive safety performance across its major construction sites in Dubai for 2008 and has outlined its continued commitment to work with contractors to improve further in 2009.
DUBAI - Union Properties said on Sunday its board of directors approved plans to raise capital by selling non-convertible bonds worth Dh2.5 billion to strategic investors.