United Arab Emirates

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Dollar slides to a 15-month low

Upbeat data bolsters economic outlook and pressures the greenback. "The big thing today is dollar weakness against virtually every currency and that's a reflection in part of the FOMC's seeming comfort with the dollar's decline...

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Dubai stocks slump to 10-week low

Dubai's index slumped to a 10-week closing low on Tuesday, weighed by a lack of market-moving news ahead of Eid holidays. Bellwether Emaar Properties slipped 2.8 percent, while Dubai Financial Market fell 3.6 percent. Sorouh...

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UAE- Ajman Municipality unveils slew of projects for 2010

A huge waste recycling plant is among a slew of projects being planned for next year, Shaikh Rashid bin Humaid Al Nuaimi, Chairman of the Ajman Department of Municipality has said. In an interview with Khaleej Times recently,...

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JCB upbeat about 2010, eyes bigger market share in ME

Heavy equipment and machinery manufacturer JCB is upbeat about its prospects in 2010, and is targeting to further increase its market share in the Middle East by capitalising on big infrastructure projects in Saudi Arabia,...

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Dubai- SBI to provide financial services to EDC members

Dubai Export Development Corporation, or EDC, signed a Memorandum of Understanding with the State Bank of India, or SBI, to provide a framework for the provision of financial support and services to EDC members comprising of...

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CityCenter raises stakes on the Vegas Strip

By Suzette Parmley Inquirer Staff Writer LAS VEGAS - The $8.5 billion joint venture by MGM Mirage Inc. and Dubai World features the work of eight top architects and several luxury hotel and condo towers, a major retail complex,...

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N. Emirates: New year aspirations

Though some segments of Sharjah's construction industry have been affected by the global economic downturn, others can look forward to an increasingly busy new year as activity and investment is set on an upward trajectory....

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BUiD supports UAE's commitment for educational development

The British University in Dubai Offers Professional Development Courses and Customised Training to Meet the Aspirations of the Knowledge Economy The need for more qualified and highly skilled professionals in the GCC across all...

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Sheikh Hamed bin Zayed and Sheikh Majid bin Mohammed break ground for new Ducab High Voltage Factory

Nov 25, 2009 (Al-Bawaba via COMTEX) -- Under the patronage of Sheikh Mohammed Bin Rashid, UAE Prime Minister and Vice-President, and Ruler of Dubai, Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince's Court...

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Solar Panel Makers See Business Potential In UAE

Solar panel manufacturers are hoping to pick up orders from alternative energy projects in the UAE and the Middle East. A number of projects similar to Abu Dhabi's $22 billion (Dh80.8bn) MasdarMasdar zero-emissions city are...

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