MANAMA: Global IT companies are to select Bahrain as their regional headquarters for Middle East activities.An agreement to this effect has been signed by a Bahraini firm with the Government of Victoria in Australia at the GITEX Dubai 2008. Gulf Future Business (GFB), participating in « Bahrain Gallery », reached an agreement to attract Australian Information and …
QATAR Petroleum (QP) will be the platinum sponsor of the 7th session of Milipol Qatar International Internal State Security Exhibition which will be held at the Doha Exhibition Centre from November 17 to 19. The sponsorship deal of QR1mn was signed by Brigadier Nasser bin Fahad al-Thani, chairman of Milipol Qatar committee and Sultan Abdullah …
Lire la suite QATAR Petroleum platinum sponsor of Milipol exhibition
MUSCAT — French President Nicolas Sarkozy will visit Oman early next year. Though the date has not been fixed, he has written that he is looking forward to the visit, said Anne-Marie Idrac, French minister of state for foreign trade, here yesterday. “France wants to increase the level of trade and investment between our two …
Abu Dhabi: A massive influx of counterfeit products is taking its toll on the established brands as the UAE government plans to reduce the impact of a Dh10 billion annual import of fake products into the country. The UAE Ministry of Economy (MoE) and the Brand Owners Protection Group for the GCC and Yemen (BPG) …
Basel: Inflation in the UAE, which pegs its currency to the dollar, is stabilising and likely US interest rate hikes will lift the ailing greenback, the UAE central bank governor said on Sunday. Speaking to Reuters on the sidelines of the annual central bankers meeting in Basel, Sultan Bin Nasser Al Suwaidi said Gulf Arab …
Abu Dhabi: The UAE national pavilion at Zaragoza International Expo (Expo Zaragoza 2008) is gearing up to attract as many as eight million visitors, according to the event’s commissioner general Emilio Fernandez-Castano. Castano, who is visiting the UAE on invitation by the national media council, thanked the UAE for being one of the first countries …
Dubai: Dubai Financial Market yesterday closed higher for a fifth trading day, adding 0.15 per cent to 5,720.51. Emaar Properties rose 0.87 per cent and Emirates NBD 0.43 per cent. Abu Dhabi’s benchmark, which crossed 5,000 points for the first time in more than two years on Sunday, slipped 0.09 per cent to 4,995.74 points, …
Abu Dhabi: Abu Dhabi’s general index on Sunday crossed the 5,000 mark for the first time this year as bullish UAE markets added more than Dh17.4 billion to the market value of listed companies. The value of traded shares recovered substantially to Dh4.3 billion of which Dh2.6 billion was in Dubai. The Emirates Securities general …
Lire la suite Abu Dhabi index crosses 5,000 for first time this year
The UAE’s electricity demand projections are staggering. Based on future development plans, the current installed capacity of energy will need to double by 2015. The amount of energy the UAE consumes is set to treble by 2020 – a reflection of a very energy-intensive lifestyle. Even as the energy-producing Middle East sells its wares in …
Dubai: Dubai said a second set of bonds that it plans to sell from a Dh15 billion ($4.09 billion) borrowing programme will have longer maturities than the first as the emirate seeks to finance infrastructure projects. Dubai this week sold its first bonds, raising Dh6.5 billion to finance projects, including airports and an urban railway …
