Vodafone Egypt nears market leader by subscribers The Times Of India CAIRO: The Egyptian unit of Vodafone may have overtaken Mobinil last quarter as the country's largest provider of mobile phone subscriptions, data shows. | Egypt's three mobile operators, the third is a subsidiary of Abu Dhabi-based Etisalat -- are locked in a pricing spiral as they seek to grab mar...
Dubai World presents restructuring plan to banks Khaleej Times Dubai World seeking to renegotiate the terms on $23.5 billion of debt, began presenting its restructuring plan to about 70 banks today. | Dubai World is making presentations at the Atlantis hotel in Dubai after a group of its seven biggest lenders said on May 20 that they agreed to its broad terms. ...
NBAD half-year profit up on higher interest income Gulf News | Abu Dhabi: National Bank of Abu Dhabi has reported net profits of Dh2.03 billion for the first half of 2010 — up 21.1 per cent on the Dh1.67 billion in the same period last year. | The bank, the UAE's largest bank by market capitalisation, po...
Sorouh says profit plunges to Dh20m Gulf News | Dubai: Sorouh Real Estate announced an 86.8 per cent drop in net profit for the second quarter of this year to Dh20 million compared to Dh151 million in the second quarter of 2009. | The profit was mainly attributed to rental income from its invest...
Social sessions good for business Gulf News | Dubai: Rather than staying on the ball at all times, small business owners would do well to take some time out to socialise. Such networking sessions with their peers or even with those outside their social circles could have a favourable impact on...
India, UAE discuss bilateral trade Deccan Chronicle India, UAE discuss bilateral trade | Share ARTICLEURL | Abu Dhabi, July 27: India's Ambassador to the United Arab Emirates (UAE) M.K. Lokesh and the director general of UAE's ministry of foreign trade, Abdullah Ahmed Al Saleh, met here to discuss iss...
Abu Dhabi Ports awards Dh1b contract for Khalifa Port Gulf News | Abu Dhabi: The Abu Dhabi Ports Company (ADPC) has announced the award of a Dh1.028 billion contract to a joint venture between ED Zublin and Al Jaber Transport and General Contracting for its flagship Khalifa Port and Industrial Zone (KPIZ) project...
Abu Dhabi hotels see 16% more guests in first half of 2010 Gulf News | Abu Dhabi: The capital city's hotels recorded a 16 per cent increase in guests in the first half of this year compared to the same period in 2009. | Figures released by the Abu Dhabi Tourism Authority (ADTA) show some 936,579 guests stayed in the e...
European Community / Denis Barthel
Abu Dhabi rents drop due to growing supply Gulf News | Dubai: Rents in Abu Dhabi continue heading south by 7 per cent on average and up to 15 per cent on lower quality property, according to Asteco. | "There is still some influx...
How long will gold's run last? Gulf News | With gold prices tumbling more than three per cent on Thursday to end the day below $1,200, is "the ultimate asset bubble," a phrase coined by George Soros, on the path...
Pressure on Iran increases as oil firms shy away Daily Star Lebanon | France’s Total and Spain’s Repsol move to comply with UN sanctions | Tuesday, June 29, 2010 | - Powered by | Stanley Carvalho | Reuters | ABU DHABI : Iran faced growing econo...
Fall in investment earnings slashes Waha profit 90% Gulf News | Dubai: Abu Dhabi-listed Waha Capital, whose shares had surged ahead of a $1.5-billion (Dh5.5-billion) bond issue, reported a 90-per-cent decline in second-quarter profit Sunday as earnings in invested firms slumped. | Waha, which is involved in rea...
UAE's non-oil trade surges to Dh59.6b Gulf News | Abu Dhabi: The primary statistical data of the Federal Customs Authority confirmed the growth of the UAE's non-oil trade volume by a rate of 14 per cent by the end of May 2010 compared with the same period in 2009, as the total trade rose from Dh52...
Small and medium businesses flourish in RAK Free Trade Zone Gulf News | Ras Al Khamiah: Since it started in 2000, the Ras Al Khaimah Free Trade Zone (RAKFTZ) has banked on small and medium enterprises (SME) and it continues to grow between 10 and 15 per cent year on year. | "There has been a lot of interest f...
UAE plans to export camel milk to Europe Khaleej Times Dubai - The UAE is planning to export camel milk after the European Commission (EU) has given its green light to its plan on safety and quality | of camel milk and billed it as ''good'' and falls in line with health and food standards applied in the European Union, a senior UAE official has disclosed. | ''The UAE is intending to export camel milk t...
