DUBAI - Trend Micro, a global leader in Internet content security, announced the appointment of Chris Moore as Manager for Trend Micro Middle East, Africa and Med with immediate effect.
DUBAI - Trend Micro, a global leader in Internet content security, announced the appointment of Chris Moore as Manager for Trend Micro Middle East, Africa and Med with immediate effect.
In his inaugural speech, United State’s President Barack Hussein Obama said that “The World has changed”.
DUBAI - UAE shares on Wednesday skidded to new four-year lows paced by Emaar Properties following a report that property prices in Dubai slumped further in December, amplifying worries about the emirate’s primary growth driver.
DUBAI - HSBC Holdings Plc slashed its price estimate for property giant Emaar Properties to Dh8.5 from Dh13.9 amid plummeting real estate prices.
DUBAI - The Middle East MRO (maintenance, repair and overhaul) industry will see steady growth of 4.4 per cent and reach $3.4 billion by 2018 as compared to $2.8 billion in 2008 while globally it will shrink this year, said industry experts.
DUBAI - In a significant development, Reef Real Estate Investment Company signed an operator agreement with Rydges Hotels and Resorts for two of its upcoming projects namely Crystal Tower at Business Bay and Al Wadi Hotel & Residence at Mizin project, Dubailand.
BANGALORE - Deutsche Bank downgraded Abu Dhabi Commercial Bank and First Gulf Bank to “hold” and said a dramatic pull back in economic growth and inaccessibility of capital market funding would combine to cut loan growth in the sector over the next two years.
DUBAI - Topaz Energy and Marine subsidiary, Nico International emerged triumphant by winning the Ports and Maritime category of the Dubai Environment Health and Safety Award, on behalf of by Trakhees Environment, Health & Safety, Ports, Customs & Free Zone Corporation (PCFC).
SHARJAH - Sharjah tourism sector continued the substantial growth last year that it saw in 2007, with the overall number of guests climbing from the 1 .45 million seen in 2007, to 1.53 million in 2008, achieving growth of over five per cent.
DUBAI - Recently, the World Bank announced that the global economy will likely enter a recessionary phase, defined as a period of below 3 per cent growth; in fact the World Bank predicts average growth rates well below one half of a per cent.