DUBAI, United Arab Emirates—To celebrate Chinese New Year last month, Dubai’s swankiest hotel bathed its sail-shaped facade in red lighting accented with an image of a twisting golden dragon. The gesture by the $2,300-a-night Burj al-Arab was a not-so-subtle nod to the tightening bonds Beijing is forging with the kings and sheiks who rule...
Dubai Group LLC, an investment company owned by the emirate’s ruler, offered to repay creditors over five to 10 years as it seeks to restructure $6 billion of bank debt, a banker familiar with the proposal said. (read more…) Related items Dubai Group Said to Propose Paying Debt Over 5 to 10 Years Record...
GE Receives Commitments For 400 Units The GE90 engine experienced its most successful year in 2011, accumulating airline and freighter operator commitments for 400 engines with a list price of more than $11 billion. This surpasses the previous record of 250 engine commitments in 2007. (get the story…) Related items GE Announces Record Year...
(MENAFN – Arab News) Jones Lang LaSalle, the world's leading real estate investment and advisory firm, has released its "Top Trends for UAE Real Estate in 2012". This is the fifth year that … (read more here…) Related items Emirates doubles its flights to Venice Dubai Group Said to Seek Up to 10-Year Delay...
Gold Fields to Release Results for the Quarter and Year Ended 31 December 2011 (read the story…) Related items Update for Financial Year Ended December 2011 and Q4 2011 China forges Arab ties, hedging bets in the Gulf as it supports Iran Gold Fields Limited and Gold One International Limited to Investigate a Joint...
EVENDALE, OH–January 22, 2012: The GE90 engine experienced its most successful year in 2011, accumulating airline and freighter operator commitments for 400 engines with a list price of more than $11 billion. This surpasses the previous record of 250 engine commitments in 2007. (get the story…) Related items Record Year For The GE90 Engine...
JOHANNESBURG , January 18, 2012 /PRNewswire/ –Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) has announced that attributable Group production for the financial year ended December 2011 … (read the story…) Related items Gold Fields to Release Results for the Quarter and Year Ended 31 December 2011 Business : UNB wins two...
Dubai stocks retreated the most in more than two weeks as investors await the release of full-year results and after oil declined in New York. (read the story…) Related items Dubai Shares Retreat Most in Two Weeks Before Full-Year Earnings Dubai Shares Climb to Month High After Tumbling to Cheapest Since March China forges...
Dubai’s benchmark stock index was poised for the lowest close in more than seven years on investor speculation full-year earnings may disappoint and after France and Austria were stripped of their top ratings. (read full story…) Related items Dubai Shares Fall to Lowest Since June 2004 on Earnings Concern ENDURANCE: Check out the 24...
One of the first motor sports events of the New Year is the 24 hours of Dubai. The race brings in top manufacturers and drivers who take on the unique endurance contest. Now in its sixth year, the action started today and will continue until the checkered flag waves to crown the 2012 winning...
