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HuaweiDUBAI — The Dubai Financial Market (DFM) on Thursday announced the listing of Al Jazeera Steel Products Co., incorporated in Oman.
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DUBAI — Damac properties began the handover of the Terra Del Sol project located at Discovery Gardens.
DUBAI — The United Arab Emirates will witness around 70 per cent of firms using business intelligence (BI) tools in the next year which will reduce their operational cost, said KPMG partner Rajeev Lalwani.
ABU DHABI — Etihad Airways, the national airline of the UAE, has been awarded rights to start a five-flights-a-week service from its Abu Dhabi home base to the Japanese capital Tokyo, from March 2010.
Although the United Arab Emirates (UAE) has one of the fastest growing economies in the world, it is poised for a more abrupt slowdown in economic growth, as the tremors of the current global recession are being felt in this part of the world.
DUBAI — German companies in Dubai significantly increased by 30 per cent after the first round of Dubai-Hamburg Business Forum.
DUBAI — In an effort to strengthen the reputation of Brazilian food brands in the Middle East’s food and beverage market, the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) will organise “Flavours from Brasil” at the Intercontinental Hotel – Festival City, Dubai from February 21 to 22, 2009.
JEDDAH — Saudi Arabia and Qatar plan to set up a joint commercial agency to boost trade and investment links.
DUBAI — Hilton Hotels Corporation has entered into a non-exclusive Strategic Development Agreement (SDA) with the Abdulmohsen Al-Hokair Group for Tourism and Development, with the potential to deliver 13 Hilton Garden Inn properties, according to Jean-Paul Herzog, President of Hilton Hotels, Middle East & Africa.
MANAMA — The Central Bank of Bahrain (CBB) decided on Thursday to cut its key policy interest rate by 75 basis points, after reviewing the decision taken by the Federal Open Market Committee on 16 December 2008.