‘Investment’ Archives
UAE freezes 41 Iran-linked bank accounts-report
* UAE-Iran ties have drawn scrutiny from Washington * Dubai re-exports goods worth billions of dollars to Iran The central bank of the United Arab Emirates has told financial institutions in the Gulf Arab country to freeze 41 Iran-linked accounts, in a move based on new U.N. sanctions on Tehran, a UAE daily reported on Monday. It came [...]
Dubai World Central opens for business
Dubai on Sunday joined an elite group of two-airport cities when Dubai Airports officially opened Dubai World Central – Al Maktoum International (DWC) for cargo operations welcoming flights operated by Rus Aviation, Skyline and Aerospace. When completed, DWC will be the largest airport in the world with five runways, four terminal buildings [...]
Dubai’s Arabtec sees Nakheel 40 pct cash payment soon
(Reuters) - Dubai builder Arabtec expects payment in cash from troubled developer Nakheel to be made soon while payment in the form of a bond will take a few months, it chief financial officer said on Saturday. The largest builder in the United Arab Emirates by market value has bid for enough work to achieve 7.4 billion dirhams ($2.02 [...]
Dubai’s ambitions soar with new airport
DUBAI, United Arab Emirates — In the desert beyond the skeletons of villas unfinished because of Dubai's economic slump, the home of the tallest building is preparing to open what could become another record-setter: an airport aiming to become the world's busiest. Civic boosters envision Dubai World Central-Al Maktoum International, set to [...]
Top Dubai biz daily to close print edition
DUBAI - Daily paper Emirates Business 24/7, part of a company owned by Dubai's ruler, will shut down at the end of this month, Dubai media reported on Wednesday. The plan is to turn the newspaper, owned by Arab Media Group, part of the ruler's sprawling business enterprise, into an online publication by mid July, media [...]
Harvard University Professor and Dubai Government official addresses Hult International Business School candidates in Dubai
Viktoria Dalko of Harvard University and Harun Kapetanovic of the Dubai Government addressed the Hult International Business School candidates in Dubai on 16th June.
e-paper Read the newspaper as it was printed You make the news Send us your stories and pictures * Your View * e-polls * e-paper * Subscription * Weather * RSS Feeds e-poll Has the EU got it right with the efforts to save the Euro as well as markets like Greece? Yes, enough is done 21.43% Euro will need more support 14.29% Greece is just the tip 46.43% No, more is needed 17.86% click here Laws to give more support to new business in Dubai
New laws will give business start-ups in Dubai stronger protection to stave off bankruptcy and provide greater access to funding, the head of the emirate’s small business organisation says. Abdul Baset al Janahi, the chief executive of the Mohammed Bin Rashid Establishment for SME Development, said new businesses run by expatriates and UAE [...]
Learn to deal with ups and downs in life
Dubai: Growing up in a business environment helped Muna Eisa Al Gurg learn the ropes at a young age. The name that she earned in Eisa Saleh Al Gurg Group within a short period led to her selection as a vice-chairperson at the Mohammad Bin Rashid Establishment for Young Business Leaders. Passionate about art and culture, she is also a board [...]
Middle East prospects for investments bright
Despite economic uncertainties in the Middle East due to Dubai’s credit woes, the oil-rich area remains a potential market for investment by Korean businesses, said Kim Hwa-nyeon, a senior researcher at the Samsung Economic Research Institute. In a seminar hosted by the Korea Chamber of Commerce and Industry on the post-Dubai crisis [...]
Barwa takes control of major London project
While most regional developers are losing sleep over how to cope with recessionary pressures and stay commercially viable, one developer is in acquisition mode. Barwa Real Estate, one of the largest property investment and development companies in gas-rich Qatar, yesterday said it had acquired the Park House, a mixed-used planned project in [...]
