London: Britain’s largest bank is closing the doors of one of its branches – but only to poorer customers. The HSBC in the well-heeled area of Canford Cliffs, near Poole in Dorset, will only offer cashier services to richer clients from June 11. Anyone else will have to make do with cash machines. The branch …
Lire la suite Dubai : HSBC branch in Britain tells poorer clients to go elsewhere
DUBAI (ArabianBusiness.com) — Dubai Flower Center (DFC) is to serve as a center for exporting flowers from Central Asia and Iran. These states want to boost their export activities into Europe and the Far East, according to DFC marketing director Ibrahim Ahli. Representatives from the flower center recently visited Central Asia to generate interest from …
DUBAI — The Ministry of Labour (MoL) yesterday said the Human Rights Watch (HRW) report, suggesting that the country’s draft labour law falls far short of international standards insofar as protecting workers’ rights is concerned, is unfortunate as it does not reflect ground realities. A 15-page report released by the HRW at a Press conference …
Lire la suite UAE takes strong exception to HRW report on workers
An official at the UAE’s Crescent Petroleum Company announced that the company has finalized a 10-month study on oil exploration in Iraq jointly with Iraqi officials, Iraq Directory reported Monday. He said that the Iraqi area to be included in the study is between the southern city of Basra and the borders of Kuwait. He …
Doha: The United Arab Emirates is the most competitive economy in the Arab world followed by Qatar and Kuwait, according to a World Economic Forum report released here yesterday. The report places four Gulf countries among the 40 most advanced econo-mies of the world. The UAE is ranked 29, Qatar 32, Kuwait 37th and Bahrain …
Dubai: Passenger throughput at Dubai International Airport, the busiest in the Middle East, crossed the eight million mark in the first quarter this year, an increase of 17.7 per cent over the corresponding period in 2006, a statement said. The airport handled a total of 8.15 million passengers from January to March, compared to 6.89 …
Lire la suite Dubai airport’s passenger throughput crosses 8m
Dubai: Emaar Properties announced yesterday it will sell the unsubscribed portion of its rights issue to those investors who had applied for more shares than their entitlement. Emaar offered a 1:1 rights issue to investors in August 2005 at Dh5 per share including Dh4 premium. The company had offered the flexibility of paying for the …
UAE’s wood imports hit Dh5.2 billion Khaleej Times BY A STAFF REPORTER 10 April 2007 DUBAI ‘ The construction boom taking place across the UAE is fuelling demand for wood and wood…
Tokyo : Red tape, high business costs and local fear of foreign take-overs have all held Japan back in the race to win foreign investment, but this may start to change when new merger and acquisition (M&A) rules take effect in May. With Japan’s population and workforce forecast to fall by about 10 million and …
Lire la suite Dubai : Japan’s new FDI rules to ease foreign takeovers
Customers who have purchased property on mortgage in the UAE feel the industry has grown considerably in the five years since inception but still has a long way to go to meet international standards. Most of the respondents to a survey said a middle-income family cannot afford to buy a home in Dubai on mortgage …
