‘Investment’ Archives
Dubai Customs Consultative Council holds first business meeting for 2010
Dubai Customs Consultative Council held the first business meeting for 2010. The meeting took place at Dubai Customs headquarters and was headed by Ahmed Butti Ahmed, Executive Chairman of Ports, Customs and Free Zone Corporation and Dubai Customs Director General. In the beginning, Ahmed Butti Ahmed welcomed the Council’s members who [...]
Dubai’s macro economic risk ‘declines’
Risk in Dubai's economy has substantially reduced after the Dubai World debt restructuring, Dr Nasser Saidi, DIFC Chief Economist. Markets clearly are showing that and the performance across markets in the region, he said. "Overall the risk in the macro economy of Dubai has come down," he told Emirates Business. "More fundamentally [...]
Dubai Electricity & Water Said to Meet Bond Investors
Dubai Electricity & Water Authority plans to meet with bond investors in Asia, Europe and the U.S. this week, according to two people familiar with the matter. The company hired Citigroup Inc., Standard Chartered Plc, Royal Bank of Scotland Group Plc and National Bank of Abu Dhabi PJSC to arrange the meetings, the people said, asking not to [...]
Shuaa expects no major Gulfinvest hit
DUBAI, April 5 (Reuters) - Financial services group Shuaa Capital SHUA.DU said on Monday it won't suffer a major financial setback as a result of Kuwait's Gulfinvest International (GVES.KW: Quote, Profile, Research) defaulting on a 200 million dirham loan. Gulfinvest said on Sunday it has defaulted on a 200 million dirham ($54.47 million) [...]
Future leaders innovate not imitate
To be successful, emerging and aspiring leaders must be inventive and no longer imitate out-of-place past leadership styles, inapplicable to the 21st century, leadership academics say. As the world gets smaller and moves into uncharted territory, successful leaders of this century will differ from those of the past, Adam Kingl, director of [...]
Top 10 mid-life crisis settings
If you're bored with your life and looking to shake things up, in 1000 Ultimate Experiences Lonely Planet has come up with 10 destinations where you can reinvent yourself and feel young again. 1. Dubai, UAE: It's time for a new outfit, which means an expedition to Dubai. Fashion is serious business in this shopping-mall heaven, where small [...]
Dubai’s foot-sucking fish spa launched at Wild Wadi
Unsightly feet could now be a thing of the past. Dubai-based Jumeirah Group on Thursday launched FISHO, a beauty treatment that uses toothless fish to exfoliate feet and treat skin conditions. The new treatment – which Arabian Business has been assured, is not an April Fool’s joke – uses Garra Ruffa fish to remove dead skin cells which [...]
Shuaa chief expects return of public offers
* ast Updated: March 31. 2010 9:03PM UAE / March 31. 2010 5:03PM GMT Shuaa Capital is predicting a flood of initial public offerings (IPOs) in coming months, which would be a welcome change given that capital markets have been dry of late. The Dubai investment bank is counting on it to complete a turnaround. It has been more than a [...]
Dubai Opens Its Shariah Hedge Fund to Investors
NEW YORK—Dubai is opening up its inaugural hedge fund to investors after an index-beating debut. The Middle East emirate's first fund of funds, which was launched at the beginning of 2009, beat comparable indexes by posting a 41% return last year. The fund, up slightly more than 1% through March 28, is still outperforming benchmarks this [...]
Dubai sets up committee for Nakheel restructuring
A committee overseeing Dubai World and its units has set up an administrative council for developer Nakheel to strengthen its capabilities in restructuring and to work on implementing remaining projects. Financials "The committee will work on the implemenatation of main remaining projects which will define them according to the work [...]
