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HuaweiSHARJAH — Twenty-five Managers, deputy managers and other employees of the Sharjah Economic Development Department (SEDD) recently attended an advanced training course, organised by the Department, on strategic planning and management.
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BAHRAIN — Dow Chemical Co.’s agreement to sell a 50 per cent stake in its basic-plastics business to Kuwait will pass renewed scrutiny in the Middle Eastern country and close on schedule, Chief Executive Officer Andrew Liveris said.
DUBAI — Property developers in the UAE should provide investors “an affordable exit route to ward off distress sales” that could further rock the depressed market, property analysts and buyers said.
ABU DHABI — Nael Cements, the leading one-stop shop for all construction materials in UAE, is all set to complete its ongoing expansion plans by March.
DUBAI — British Airways —the UK’s flagship carrier which operates 21 weekly flights from Dubai to London Heathrow — has revealed it will fly a staggering 1.6 million people during the peak festive period (December 17 to January 4).
DUBAI — Saudi Arabia and other Gulf oil producers will almost certainly run unaccustomed budget deficits next year as they take a double hit from the collapse in oil prices and deep crude output cuts, economists said on Thursday.
DUBAI — In a milestone move, Al Islami Foods, a leading halal food producer in the Middle East, has entered Saudi Arabia with signing a strategic distribution agreement with Arabian Trading Supplies, a leading distributor in Saudi Arabia, which will distribute a range of Al Islami’s healthy and real halal products under the brand name of ‘Co-op Islami’.
LONDON — Oil prices rebounded slightly on Thursday, after earlier striking the lowest points for more than four years as traders questioned whether Opec’s record output cut would be fully enforced.
DUBAI — Gold sales in Dubai’s traditional jewellery market have collapsed as much as 80 per cent in the last couple of weeks as the credit crunch hits the pockets of tourists, local jewellers said this week.
SAN FRANCISCO — Emirates, unlike some international carriers, has no plans to lay off staff. Rather, we will require more people to fall in place with our expansion and growth projections in the new financial year, said Shaikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates airline and group, dispelling rumours of job lay offs in Emirates as a fallout of the global financial crisis.