The launch of Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council of the Dubai Green Economy Partnership has been highly received by the public and private sectors in the Emirate of Dubai. (read the full story…)
Lending by the UAE’s biggest banks is falling short of industry estimates as slower growth in the second-largest Arab economy damps credit demand. Combined lending by the top seven banks climbed 0.6% in the first quarter to 749.5bn dirhams ($204bn), their earnings statements show. (read more…) – FINANCE
(MENAFN – Khaleej Times) UAE Economy Minister Sultan bin Saeed Al Mansouri, leading the UAE's delegation to Algeria, has signed the joint statement of the 10th Joint Committee Meeting between the … (read on here…)
UAE Abu Dhabi developers start merger negotiations DUBAI | Aldar Properties, the struggling Abu Dhabi real estate developer, said Sunday it is launching talks with its smaller rival, Sorouh Real Estate, about a possible merger. It would be supported by the Gulf emirate's government. The proposed tie-up would unite the … (read more here…)
(MENAFN – Khaleej Times) DUBAI – Sultan Al Mansoori, UAE Minister of Economy, and Nicolas Nahhas, Lebanon's Minister of Economy, decided to formulate an integrated action plan to further drive the … (read on here…)
UAE Abu Dhabi seeks bidders for planned Louvre branch DUBAI | The developer of a branch of the Louvre in Abu Dhabi has begun a search for a contractor to build the museum following a series of delays. The state-owned Tourism Development and Investment Company placed an ad in local … (get the story…)
Mehdi slams a bottle of Heinz ketchup on the counter of his Tehran grocery store and says it’s the kind of item Iranians have stopped buying, after the price doubled in two months. (more…)
Economy faced regional and global challenges last year, says minister (read on here…)
Job creation and growth in the overall economy will help boost demand, an official said (read more here…)
ABU DHABI — The UAE-China relations are bracing for broader cooperation buoyed by huge promising potentials the two friendly countries wield in world economy, the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, said on Monday during talks with visiting Chinese Premier Wen Jiabao at Al Mushrif Palace. (read on here…)
