(MENAFN) The UAE's central bank said that in 2011, the country's current account surplus surged to USD30.67 billion, representing 8.5 percent of gross domestic product (GDP), reported Gulf … (read more…) – FINANCE
(MENAFN) The UAE's Central Bank stated that deposits with the country's banks grew by USD10 million to USD311 million at the end of March, compared with USD301 million at the end of February, … (read more…) – FINANCE
(MENAFN) Investment Corporation of Dubai (ICD) is set to form a joint business with Samsung Life Insurance, which aims at extending its footprint throughout the emerging markets, Financial Times … (read the story…) – BUSINESS
(MENAFN) Institute for International Finance (IIF) stated that the UAE's nominal gross domestic product (GDP) expanded by around USD62.6 billion last year to reach USD362.7 billion, reported … (read more…) – FINANCE
(MENAFN) UAE's Agthia Group announced that first-quarter net profit jumped 21 percent from a year earlier to USD7.34 million, reported Gulf News. The company, one of the country's major food and … (read more here…)
(MENAFN) UAE's Tamouh's marketing director, Samia Bouazza, stated that by 2014, the developer of Reem Island will hand over its City of Lights project, reported Gulf News. Bouazza added that the … (read more here…)
(MENAFN) Rolls-Royce stated that it has inked a USD598 million deal with the US Department of Defense to supply the US military with V-22 aircraft engines, reported Khaleej Times. The aircraft … (read full story…)
(MENAFN – Emirates News Agency (WAM)) An updated strategy and implementation roadmap is being developed for the education sector in Dubai to ensure alignment with the Emirate's and UAE's long term … (read more here…)
(MENAFN) Dubai's Real Estate Regulatory Authority (RERA) said some 291 projects are on hold in the emirate after the collapse of its property market in 2009, Reuters reported. Dubai's property … (read more here…)
(MENAFN – Khaleej Times) Top officials of the UAE and Poland on Sunday agreed to enhance business cooperation and explore joint investment potential between the two countries to further strengthen … (read more…) – FINANCE
