Tag Archive
U.A.E. May Take Measures to Boost Bank Lending, Economists Say (Bloomberg)
Feb. 28 (Bloomberg) — The United Arab Emirates may take steps to boost bank credit, as a slowdown in lending and a surge in interest rates threaten to stall the country’s recovery from the global crisis, economists said.
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National Bank of Abu Dhabi Said to Meet Bond Buyers (Update1) (Bloomberg)
UAE may take measures...
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Dubai Stocks Erase Losses; Emaar Properties, Emirates NBD Gain (Bloomberg)
Feb. 25 (Bloomberg) — Dubai stocks erased earlier losses as Emaar Properties PJSC and Emirates NBD PJSC advanced.
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Burj Khalifa Apartment Owners to Get Keys in March (Update1) (Bloomberg)
Deyaar Is in Negotiations With Contractors on Payment Plan (Bloomberg)
Emaar unit to set up varsity in India (Zawya)
Dubai Airport Jan. Passenger Traffic Rises 17%...
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Dubai finance chief eyes budget surplus in 2011-paper (Reuters via Yahoo! Singapore News)
DUBAI, Feb 28 (Reuters) – Dubai’s government has started to cut spending in an effort to swing its budget to a surplus by 2011, the Gulf emirate’s finance chief said in a report published on Sunday.
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Dubai eyes budget surplus in 2011 (Gulf Times)
Bahrain’s Gulf Finance to set up $326 mln Syrian unit...
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Dubai’s May Oil Price Discount Widens to 5-Month Low (Update1) (Bloomberg)
Feb. 25 (Bloomberg) — Dubai oil, a Persian Gulf benchmark for Asia, will sell at a wider discount to Omani crude futures in May as the emirate set its formula at the lowest in five months after producers including Saudi Arabia cut prices.
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Most Asian Stocks Rise on Dubai Speculation; Aristocrat Slumps...
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Abu Dhabi Deepens April Cuts for Murban Oil Shipments (Update1) (Bloomberg)
Feb. 28 (Bloomberg) — Abu Dhabi National Oil Co., the United Arab Emirates’ state-run producer, deepened cuts for shipments of Murban and Umm Shaif crude in April because of OPEC limits on members’ output.
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Abu Dhabi Cuts April Shipments of Murban, Umm Shaif Oil by 15% (Bloomberg)
Dubai’s May Oil Price Discount Widens...
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Abu Dhabi Cuts April Shipments of Murban, Umm Shaif Oil by 15% (Bloomberg)
Feb. 28 (Bloomberg) — Abu Dhabi National Oil Co. will cut shipments of Murban and Umm Shaif crude for April by 15 percent from contracted amounts, the company said in an e-mailed statement today.
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Abu Dhabi Deepens April Cuts for Murban Oil Shipments (Update1) (Bloomberg)
Dubai’s May Oil Price Discount Widens to 5-Month...
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Deyaar Is in Negotiations With Contractors on Payment Plan (Bloomberg)
Feb. 22 (Bloomberg) — Deyaar Development PJSC is working with contractors to come up with a payment plan for 100 million dirhams ($27 million) it owes them this month, a “considerable amount” of which is overdue, Chief Executive Officer Markus Giebel said.
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Dubai Stocks Erase Losses; Emaar Properties, Emirates NBD Gain (Bloomberg)
Deyaar...
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Deyaar Development, Etisalat, Gulf Bank: Gulf Equity Preview (Bloomberg)
Feb. 23 (Bloomberg) — The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.
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Aldar, Etisalat, Gulf Finance House, Taqa: Gulf Equity Preview (Bloomberg)
Arabtec, CBK, Drake & Scull, Ithmaar Bank: Gulf Equity Preview (Bloomberg)
Dubai’s May Oil Price Discount Widens...
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Burj Khalifa Apartment Owners to Get Keys in March (Update1) (Bloomberg)
Feb. 23 (Bloomberg) — Emaar Properties PJSC said owners of apartments in Dubai’s Burj Khalifa, the world’s tallest building, will get keys to their properties starting next month.
(read more here…)
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Dubai Stocks Erase Losses; Emaar Properties, Emirates NBD Gain (Bloomberg)
Emaar Industries & Investments celebrates opening of new state-of-the-art plant by Dynergy Technologies (Mena Report)
Emaar...
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Nakheel Names Aqil Kazim Chief Commercial Officer (Bloomberg)
Feb. 23 (Bloomberg) — Nakheel PJSC, the Dubai-based company building islands off the emirate’s coast, named Aqil Kazim chief commercial officer after Manal Shaheen left the company, said a spokesperson, who declined to be identified because of company policy.
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Nakheel Chief Commercial Officer Manal Shaheen Leaves Company (Bloomberg)
U.A.E. Says It Stands by Dubai,...
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Kerala’s first multiplex all set to open (New Kerala)
By Sanu George, Kochi, Feb 24 : Fifty-eight-year-old M.A.Mohammed, a Dubai-based Kerala businessman, is on a roll as the state’s first multiplex is all set to open at his Oberon mall here.
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Kerala’s first multiplex all set to open (Calcutta News)
Dubai to host Consumer Electronic segment at GITEX TECHNOLOGY WEEK 2010
Dubai World to...
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