DUBAI - UAE shares on Sunday edged up as investors picked up select stocks after last week’s big routing.
DUBAI - UAE shares on Sunday edged up as investors picked up select stocks after last week’s big routing.
DUBAI - UPS on Sunday began offering domestic express pickup and delivery services inside the UAE, and inside 15 additional countries across Europe, Africa, the Middle East and Latin America.
DUBAI - Petrofac, the international oil & gas facilities service provider, has been awarded a $2.3 billion contract by Abu Dhabi Company for Onshore Oil Operations (ADCO) for the development of the onshore Asab oil field.
ABU DHABI - India-UAE trade, commerce and tourism relations have been gaining momentum and there is no negative effect of the global financial meltdown on the bilateral ties, said Indian ambassador to the UAE, Talmiz Ahmad.
DUBAI - Dubai International Airport, already the Middle East’s top aviation and business centre, could yet emerge as the world’s top aviation hub with another record growth in passenger traffic and freight in 2008.
ABU DHABI - The real estate prices have gone below market values in Abu Dhabi, which has a rental yield of 13-17 per cent, as demand for housing outstrips supply, offering opportunities for long-term investment.
DUBAI - Permission to adjust prices in accordance with the fluctuations in exchange rates and speeding up the licensing procedures will accelerateof production of generic drugs in UAE.
DUBAI - InterContinental Hotels Group (IHG) and Ishraq Gulf Real Estate Holding Co. will further strengthen the Holiday Inn Express brand in the Gulf in 2009 with two new properties in the UAE and Bahrain.
DUBAI - Zabeel Investments Executive Chairman, Mohammed Ali Al Hashimi, has confirmed that the group will remain focused on strategic growth and development of its portfolio during 2009.
DUBAI - Microsoft Gulf has announced the appointment of Naim Yazbeck as the Public Sector Director for the Gulf region.