Jamal bin Ghalaita expects to merge with Dubai Bank before the end of 2012 (read more…) – FINANCE
DUBAI, United Arab Emirates, May 7, 2012 /PRNewswire/ –With three times the population of all the Gulf countries combined, Bangladesh is the sleeping giant of the Islamic finance world. A burgeoning urban … (read more…) – FINANCE
Office in Abu Dhabi to oversee investment banking and asset management services for clients (read more…) – FINANCE
DUBAI (Reuters) – A committee of Iranian lawmakers has rejected a government plan to increase prices for subsidized food and fuel in a move that threatens to derail a drive to rein in the country's sanctions-squeezed budget, Iranian media reported late on Saturday. International sanctions imposed over Iran's nuclear program have sharply reduced the...
The utility firm’s operating costs declined 25 percent (read more…) – FINANCE
World’s Tallest Building Burj Khalifa Image Credit: KARIM SAHIB/AFP/Getty Images The list of the world’s tallest building now includes One World Trade Center Freedom Tower, according to reports by several international news sites on Monday, April 30, 2012. One World Trade Center Freedom Tower is reportedly the tallest building in New York City. Reports...
After the attacks that felled the twin towers, many said it was the end of an era for skyscrapers. But 1 World Trade Center has now surpassed the Empire State Building as New York's tallest. David Childs, architect and designer of the new tower, discusses why we're so fascinated by tall buildings. (more…)
Dubai’s benchmark stock index retreated for a 7th day in its longest losing streak since 2009 after construction company Drake & Scull International made a dividend payment and as oil fell in NY. (read more…) – FINANCE
(MENAFN – Khaleej Times) Abu Dhabi-listed United Arab Bank plans to grow double in the next few years, as it expands into Abu Dhabi aggressively. "We're in the growth phase in the history of the … (read more…) – FINANCE
(MENAFN) Dubai Civil Aviation Authority's President, Sheikh Ahmed bin Saeed al Maktoum, announced that the emirate will finance the expansion of the Dubai International Airport through proceeds from … (read more…) – FINANCE
