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UAE

FEATURED REPORT...
Posted: 13-03-2008
UAE. Dubai Electricity and Water Authority (DEWA) on Wednesday signed six contracts for mega projects with a total value of AED12 billion (US$3.27 billion), Emirates Business 24/7 reported, citing the company's Managing Director and CEO Mohammad Al Tayer. Al Tayer said the deadlines for the projects – three of which are set to be finished in 2009 and the others by 2010 – were “reasonable” and “would be extended in case the time frame is not sufficient”. In the same report, Al Tayer denied that power and water shortages are delaying some projects in Dubai. “This is not true as
Posted: September 2, 2010
UAE. Dubai's index and Qatar's benchmark were the region's best performers on Thursday as improving global sentiment filtered into activity in Gulf bourses.
Posted: September 2, 2010
UAE. Interactive Intelligence honoured for communications-based process automation product designed to provide quantifiable return on investment for Unified Communications.
Posted: September 2, 2010
UAE. Priority Pass has added over 50 new lounges to its program this year making it the largest selection of lounges ever offered to its members.
Posted: September 2, 2010
INTERNATIONAL. Russia topped a list of 25 countries of the best places for expats to live in terms of personal finances, followed by Saudi Arabia and Bahrain, an HSBC survey said.
Posted: September 2, 2010
UAE. Millennium bought US$10 million of four-year convertible notes in July that were sold by International Innovative Technologies, a clean energy company.
Posted: September 2, 2010
UAE. EPC works for Abu Dhabi's Inter Refinery Pipelines Project; Contract worth US$623 Million.
Posted: September 2, 2010
BAHRAIN. H1 expenditure jumps 20% to US$5.05 billion; Bahrain records fastest growth at 40%; UAE remains on top despite slight decline.
Posted: September 2, 2010
UAE. Saudi Arabia tops the world list as most likely to own the 3D experience.
Posted: September 1, 2010
INTERNATIONAL. Emirates flew the 500-seat aircraft into Manchester at the start of its daily services between Dubai and the northern England city.
Posted: September 1, 2010
UAE. Taqa said in a statement it will fight Barker- Homek's suit and what it called "spurious allegations."
Posted: September 1, 2010
UAE. Program encourages students to develop their full potential as business leaders of 21st century.
Posted: September 1, 2010
UAE. Dubai Tea Trading Centre registers 26% growth in in first half 2010, transacts 6.2 million kilos of tea.
Posted: September 1, 2010
UAE. DFM issued today the bourse's performance during the month of August 2010.
Posted: September 1, 2010
UAE. Event to offer genuine value and choice to existing yachting enthusiasts as well as encouraging more people to get out onto the water.
Posted: September 1, 2010
UAE. Air Traffic Control Optimisation Summit will explore how the region's air traffic control authorities and operators are working together with airlines and military establishments to increase the capacity and efficiency of the region's air traffic corridors.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 2, 2010
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
date:Posted: September 1, 2010
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
date:Posted: September 1, 2010
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.
INTERNATIONAL. Masood Ahmed, Director of the IMF's Middle East and Central Asia Department, described the flooding as a "human catastrophe that is still evolving." Reconstruction costs expected to run into billions of dollars.