Company News

FEATURED REPORT...
Posted: 08-08-2011
UAE. Emirates, Dubai's flagship carrier, said the European Union's planned carbon emission scheme may cost it as much as US$1 billion over 10 years, as it joined others airlines in objecting to the tax. From January, airlines flying to or from Europe will have to buy permits from the EU's emissions trading scheme (ETS) for 15% of the carbon emissions produced during the entire flight. "It (the scheme) will have a very significant impact on Emirates," Andrew Parker, Emirates' senior vice president for industry and environmental affairs, said at a conference in Dubai. "It's safe to assume som
Posted: October 31, 2014
INTERNATIONAL. The acquisition of the Motorola brand positions Lenovo as the world's third largest maker of smartphones.
Posted: October 31, 2014
SAUDI ARABIA. Net income increased to 265 million riyals (US$71 million) from 220 million riyals a year earlier, the company controlled by Saudi billionaire Prince Alwaleed bin Talal, said.
Posted: October 30, 2014
BAHRAIN. Founded in 1991, PRO Unlimited delivers a full range of services to address procurement, management and compliance issues related to contingent workers.
Posted: October 30, 2014
UAE. The project assigned by Tanmiyat Group includes the design and build of an underground sewage treatment plant for this new Dubai Land development, located along Sheikh Mohammed Bin Zayed Road.
Posted: October 30, 2014
UAE. "Global trade this year will more than double the 2.2% recorded in 2013 but higher operating costs, is leading to an increase in the number of larger vessels, putting pressure on port infrastructure and logistics."
Posted: October 30, 2014
UAE. 777-300ER makes up the majority of airline's fleet.
Posted: October 30, 2014
UAE. For many SMEs, there is a funding gap during their development journey which, if filled, can enable them to achieve tangible success, say experts
Posted: October 30, 2014
UAE. Richard Teng will be responsible for overseeing the development and administration of the regulatory framework to govern ADGM and its member institutions.
Posted: October 30, 2014
UAE. Survey results include policies, purchase habits, business impacts and challenges, comparison to other devices, and how well tablets met their expectations.
Posted: October 29, 2014
UAE. The investment firm, owned by Abu Dhabi's sovereign wealth fund, is talking with lenders about refinancing stake valued at US$2.2 billion.
Posted: October 29, 2014
UAE. Macy's will open its first namesake location outside the US in 2018, a four-level store slated to anchor a new shopping center in Al Maryah Island.
Posted: October 29, 2014
UAE. Net income rose to 701 million dirhams (US$191 million) from 581 million dirhams a year earlier, the Dubai-based developer said.
Posted: October 29, 2014
UAE. Q3 2014 quarter-on-quarter increases of 2% in Sharjah, 5% in Ras Al Khaimah, 4% in Ajman and 6% in Umm Al Quwain - rental growth rates set to top out as relocation demand from Dubai reduces.
Posted: October 29, 2014
UAE. Event is a tremendous opportunity for Dubai to further develop its role as a financial hub and gateway for China.
Posted: October 29, 2014
UAE. compareit4me.com survey results come as UAE banks' personal loans portfolio reaches US$80.5 billion.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
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