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| Gulf banks defy strain on liquidity |
| Source : Saudi Gazette |
| Date : 2010-09-07 |
| Gulf banks rates appear to be showing signs of improvement, after spending more than $20 billion on loan loss provisions and investment impairments since 2008, Standard & Poor’s Ratings Services... |
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| Eid holidays for markets |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| The Eid Al Fitr holiday for the UAE’s financial markets is to start on Wednesday, Ramadan 29th, corresponding to September 8th, and will run until the third of Shawwal 1431... |
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| Oman to invest $ 3 billion in fertiliser sector in India |
| Source : Gulf Today |
| Date : 2010-09-07 |
| Oman and India have agreed to deepen their trade and investment partnership, including investing about $ 3 billion by Muscat for revival of fertilisers plants in India.... |
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| UAE Central Bank seeks Iran remittance information |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| The UAE Central Bank has directed banks and financial institutions to submit details of all the remittances made to and from Iran in August, a step aimed at measuring the... |
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| Confidence in Dubai as FDI hub grows |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| The Foreign Investment Office (FIO), an agency of the Dubai Department of Economic Development (DED), has commissioned an in-depth special study to further enhance the competitiveness of the economy.... |
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| CB asks banks to furnish details on Iran remittances |
| Source : Gulf Today |
| Date : 2010-09-07 |
| Banks in the United Arab Emirates have been directed by the central bank to provide more frequent details of remittances to Iran, bankers said on Monday, in an apparent tightening... |
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| Etihad launches Airbus freighter service to Tripoli |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| Etihad Crystal Cargo, a division of Etihad Airways, has commenced scheduled services with its first Airbus A330-200 freighter aircraft, operating from Abu Dhabi to Tripoli in Libya.... |
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| Al Wojdaniya in deal with Emirates |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| Al Wojdaniya Corporation for Car Rental and Passenger Buses announced on Monday a partnership agreement eith Emirates airline valued at Dh10.5 million to provide luxury transportation to the Dubai carrier’s... |
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| DSI subsidiary awarded project worth Dh140m by CAMPCO |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| Gulf Technical Construction Company (GTCC) Abu Dhabi a subsidiary of Drake & Scull International (DSI) PJSC has been awarded a turnkey project worth AED 140 million by the newly established... |
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| Dubai stocks hit 3-month high; volumes cross 200m mark |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| Bulls continued to rule for the second consecutive day on the Dubai Financial Market as investors went back into the ring amid hopes the market will sustain the rally after... |
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| The gateway destination |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| Investors’ confidence in Dubai as a hub for Foreign Direct Investments (FDI) in the Middle East and North Africa (MENA) region is on the rise, according to a new study.... |
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| Du launches Auto-Payment,Elite Plan additional bonus |
| Source : Khaleej Times |
| Date : 2010-09-07 |
| Du has announced the launch of Auto-Payment, a new service that makes bill payments quick and easy. The telecom service provider will also reward those customers who subscribe to the... |
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| First Etisalat Employees Ramadan Football Tournament Draws To a Close |
| Source : Media Newswire |
| Date : 2010-09-06 |
| The First Etisalat Employee Ramadan Football Tournament, which was comprised of 30 teams from across tThe First Etisalat Employee Ramadan Football Tournament, which was comprised of 30 teams from across... |
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| Khalifa calls conference on Afghanistan |
| Source : Khaleej Times |
| Date : 2010-09-06 |
| Owing to his dedication to the promotion of stability and development in Afghanistan, the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, has called upon a public-private partnership conference... |
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| Oman, India seek to boost ties in key areas |
| Source : Oman Daily Observer |
| Date : 2010-09-06 |
| His Highness Sayyid Fahd bin Mahmood al Said, Deputy Prime Minister for the Council of Ministers, received here yesterday Anand Sharma, India’s Minister of Commerce and Industry.... |
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| UAE Nuclear Reactor Work to Start in December |
| Source : Qatar News Agency |
| Date : 2010-09-06 |
| Work on the UAE s $ 20-billion four nuclear reactors will start in December this year, according to the Korean consortium which won the deal last year.
Korea s state-controlled Korea... |
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| Tameer starts work in $15m project |
| Source : Gulf Daily News |
| Date : 2010-09-06 |
| Al Khaleej Development Company (Tameer) announced yesterday that it has commenced the construction of its $15 million self-storage project Takhzeen.... |
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| Lagoon seals major deal |
| Source : Gulf Daily News |
| Date : 2010-09-06 |
| Lagoon Bahrain, the first outdoor mall in Bahrain, has signed an agreement with Nadim Asghar Ali Group to occupy a total area of 323sqm and open three major retail outlets.... |
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| Islamic finance industry 'must diversify to boost growth' |
| Source : Gulf Daily News |
| Date : 2010-09-06 |
| Islamic finance, which prohibits charging interest, is set to double in size in five years, but the one-trillion-dollar industry must diversify and regulate to realise its full potential, analysts and... |
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| Bank targets Japan in Asian push |
| Source : Gulf Daily News |
| Date : 2010-09-06 |
| The Malaysian unit of Kuwait Finance House (KFH) is having "strategic alliance" negotiations in Japan, a newspaper said yesterday.... |
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