Dubai finance and economy news and features
Latest business and financial stories posted on AMEinfo.com
-
Tadawul climbs 0.55%
Saudi Arabia's Tadawul All Share Index (Tasi) rose 0.55% to 6,565, with 71 stocks rising and 41 falling. All sectors ended higher save Insurance, Real Estate Development, and Transport. Alinma Bank, the day's most active stock by value and by volume, climbed 0.78% to SR12.85, while fellow market leader Kingdom Holding gained 2.06% to SR9.75.
-
Outlook for oil and gas sector remains positive for 2010
Energy market sentiment remains relatively positive amid rising economic expectations, according to the latest quarterly market outlook from Ernst & Young's Global Oil & Gas Center.
-
UAE Ministry of Economy follows-up cooperation with UK on small and medium enterprises
His Excellency Mohammed Ahmed Bin Abdul Aziz Al Shihhi, Director General, UAE Ministry of Economy, has emphasized the importance of adequate follow up through official meetings and business delegations to achieve the objectives of the UAE- UK joint economic committee meeting held in London recently.
-
Gulf Technical Construction awarded two contracts worth Dhs484m
Gulf Technical Construction Company (GTCC) Dubai, a subsidiary of Drake and Scull Construction (DSC), a newly formed company under Drake and Scull International PJSC (DSI), has been awarded two contracts valued at Dhs484m by Damac Properties in Dubai.
-
C3 Card and Delma Exchange sign strategic partnership
Delma Exchange clients will enjoy using C3 Card payroll benefits, the first authorised agent to go live with the Ministry of Labour's Wages Protection System (WPS), for paying their labours salaries, in accordance with the strategic agreement recently signed between the two companies.
-
Atlas Media Communications partners with NewspaperDirect for newspaper print-on-demand in the UAE and GCC
NewspaperDirect Inc., the world leader in multi-channel newspaper and magazine content distribution and monetization, announced that it has partnered with Atlas Media Communications in Dubai to provide NewspaperDirect's publishing partners with high-quality newspaper printing and distribution services, with volume flexibility, throughout the United Arab Emirates.
-
Etisalat leads the way for a digitally connected future; partners Broadband Global Summit 2010
As the Strategic Operator Partner, Etisalat participated in the Broadband Global Summit 2010, one of the region's most important assemblies on broadband technologies, held 8-10 March 2010 at the One & Only Royal Mirage Hotel.
-
Abu Dhabi Airport is 'Best Improved' in Middle East - ASQ Award
Abu Dhabi International Airport has been ranked top in eight customer service categories in the recent Airports Council International (ACI) ASQ results for the Middle East Region - a key benchmark for customer service in the global airports' industry.
-
Moody's reviews Qtel's A1 rating for possible downgrade
Moody's Investors Service today placed the A1 long term ratings for Qatar Telecom Q.S.C.("Qtel"), the A1 rating for Qtel International Finance Limited and A1-rated bonds issued under Qtel's GMTN programme under review for possible downgrade. This follows today's change in outlook to negative from stable of the Ba1 Corporate Family Rating for PT Indosat Tbk ("Indosat"); Qtel owns 65% of Indosat.
-
AutomodEx 2010 opens
AutomodEx 2010 opened doors to auto enthusiasts of all ages earlier today. The event is being held at the Dubai Autodrome from March 9 to 12, 2010. The event aims towards becoming UAE's flagship high performance tuning exhibition, and combines the elements of auto modification and tuning, a car and bike show and a radio controlled race tournament.
-
Bank Audi issues new economic report on Jordanian economy
A new economic report on Jordan was issued this week by Bank Audi s.a.l-Audi Saradar Group. The report, entitled "Fiscal consolidation requirements: The key challenges for the Kingdom's economy", addresses the most important economic developments in 2009 at the macro side and by sector of activity and discusses the outlook for 2010 at large.
-
Gargash Enterprises unveils the all new Mercedes-Benz E-Class Cabriolet at Dubai International Boat Show
The highly appealing and emotionally charged Mercedes-Benz E-Class Cabriolet made a big splash when it was unveiled by Gargash Enterprises at the Dubai International Boat Show.
-
ADX gains 1.16%
The Abu Dhabi Securities Exchange climbed 1.16% to 2,827, with 15 stocks rising and 15 stocks falling. The Real Estate sector led the way, gaining 2.33%, while the Consumer sector fell the most, down 4.12%. Aldar, the day's most active stock by value and by volume, gained 3.92% to Dhs3.96. The National Bank of Ras Al-Khaimah was the day's big gainer, rising 8.53% to Dhs4.20.
-
Tasweeq participates in Texas A&M's career fair
Qatar International Petroleum Marketing Company Ltd. (Tasweeq) is participating in the one-day career fair organised by Texas A&M University, Qatar, with the long-term goal of infusing a young, dynamic experience to the company's workforce.
-
Sea Ports and Italian Region of Campania participate at the Dubai International Boat Show
With an attractive array of new proposals at the Super Yacht Pavilion of the Dubai International Boat Show, Sea Ports - a Special Agency of the Chamber of Commerce of Salerno - and the Region of Campania confirm their companies' leading position in the world yachting industry and seek to deepen their ties with the dynamic GCC market.
