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HuaweiDUBAI - Lloyds TSB Middle East will launch chip and pin cards for customers in the United Arab Emirates next month following the wave of card skimming that hit many banks in the region, it has announced.
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DUBAI - The $4 billion Gulf pharmaceutical market is poised for a 10 per cent growth that is far higher than the global growth rate of the industry, industry sources said.
ABU DHABI - Mubadala Development Company (Mubadala) and the Abu Dhabi Education Council (ADEC) on Tuesday announced they have completed the non-recourse financing of the Paris-Sorbonne University Abu Dhabi public-private partnership (PPP) Project.
ABU DHABI - Abu Dhabi Investment House (ADIH) has announced issuance of second-class shares that will be paying out dividends under its existing Shari’a-compliant Al Joud GCC Equity Fund, which currently re-invests its dividends back into the market.
DUBAI - UAE shares fell for a third day this week on Tuesday, marking fresh four-year lows as edgy investors rushed to the exits amid another slide in oil prices.
DUBAI - The Dubai Department of Economic Development (DED) and The Islamic Corporation for the Development of the Private Sector (ICD) on Tuesday signed a Memorandum of Understanding (MoU) to further develop business sectors in Dubai.
DUBAI - UAE based conglomerate S.S. Lootah Group and German-based UKE Consult and Management GmbH (UCM), the international arm of the University Medical Center Hamburg-Eppendorf (UKE), are pursuing a new cooperation agreement for comprehensive consultancy and management of healthcare services.
DUBAI - Major air and rail projects are among huge public sector schemes going full steam ahead in Gulf countries, underpinning local economies as the credit crunch takes a big toll on private businesses.
DUBAI - The Gulf Cooperation Council (GCC) on Tuesday said it had suspended talks with the European Union for a free trade agreement (FTA).
DUBAI - Emaar Economic City, the Saudi affiliate of Dubai-based Emaar Properties PJSC, is on track to complete the construction of residential and industrial estate in the $120-billion King Abdullah Economic City by the first quarter of 2009.