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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 7, 2010
UAE. The UAE Central Bank has frozen four Iranian bank accounts in compliance with UN sanctions, after looking into 41 accounts.
Posted: September 7, 2010
UAE. Dubai Holding Commercial Operations Group LLC said it received an extension on a US$555 million revolving credit line until November 30.
Posted: September 6, 2010
UAE. Dubai Holding Commercial Operations Group will seek an extension on a revolving credit line until November 30, three bankers with knowledge of the decision said.
Posted: September 6, 2010
INTERNATIONAL. German archaeologists have found 82 pieces of Islamic coins dating back 1200 years.
Posted: September 6, 2010
UAE. Brighton College UK will offer world-class education at its Abu Dhabi campus.
Posted: September 6, 2010
UAE. Project awarded to Gulf Technical Construction Company Abu Dhabi for the construction of labour accommodation for a prominent governmental body in Abu Dhabi
Posted: September 6, 2010
INTERNATIONAL. SAGE SA is a financial technology firm that develops banking solutions. Its flagship product, Prospero, is a suite of nine separate software modules that cover all aspects of financial operations.
Posted: September 6, 2010
UAE. New research by Cass Business School shows employee-owned businesses tend to be more profitable, more resilient and have more committed staff.
Posted: September 6, 2010
UAE. A happy customer is a profitable customer. IT offers the possibility of creating a truly customer-centric environment that can boost revenues and cut costs at the same time, according to a new study by Booz & Company.
Posted: September 6, 2010
UAE. The Eid Al Fitr holiday for the UAE private sector will be on first and second of Shawwal, according to a ministerial circular issued by the Minister of Labour.
Posted: September 6, 2010
UAE. The partnership between Sharapova and Tiffany & Co. covers the four Grand Slam events: the Australian Open, French Open, Wimbledon and the US Open.
Posted: September 6, 2010
UAE. Contract continues momentum with third straight record month; Year-to-date volumes reach over 1.2 million contracts.
Posted: September 6, 2010
UAE. Ciena announced that Bouygues Telecom deployed the CN 4200 FlexSelect Advanced Services Platform across France to expand the operator's broadband DSL aggregation and transport network.
Posted: September 6, 2010
UAE. Axiom Telecom has just launched the new Blackberry Curve 3G Model 9300 accross the Kingdom of Saudi Arabia.
Posted: September 6, 2010
UAE. The Airbus A330-200 freighter aircraft will allow Etihad to increase frequencies and build its presence in key markets worldwide.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 7, 2010
INTERNATIONAL. The real threat facing us today, in my opinion, is the coming rise in prices, for all things, caused by the ongoing world-wide increase in the monetary base.
date:Posted: September 6, 2010
UAE. New research by Cass Business School shows employee-owned businesses tend to be more profitable, more resilient and have more committed staff.
date:Posted: September 6, 2010
UAE. A happy customer is a profitable customer. IT offers the possibility of creating a truly customer-centric environment that can boost revenues and cut costs at the same time, according to a new study by Booz & Company.
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.