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Tag Archive | "december"

UAE-Korea bonds scale to new heights

Tuesday, March 9, 2010

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The UAE awarding last December of a 20.4-billion-US-dollar contract to build four nuclear power plants to a South Korean-led consortium has ushered relations between the UAE and South Korea into a new strategic turn, a senior Abu Dhabi government off

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Dubai Financial Market posts net profit of Dhs346.6m in 2009 …

Tuesday, March 2, 2010

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Dubai Financial Market (PJSC), announced its results for the financial year ending 31st December 2009. The Company recorded a net profit of Dhs346.6m for the year 2009, compared to Dhs605m in...

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Zenvo ST1 in Dubai – GTSPIRIT.COM

Friday, February 26, 2010

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The Zenvo ST1 must be the most exciting car from Denmark in the history of the Northern European country. In December the Danish supercar was present at.

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Strong dividends despite profit dip

Wednesday, February 24, 2010

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UAE firms continue to give generous dividends to shareholders despite a general fall in profits recorded by most for the financial year ending December 31, 2009. The largest payout will be made by etisalat, which has recommended a 60 per cent di

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Dewa allocates Dh6.42b for current and new projects

Sunday, February 14, 2010

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Dubai Electricity and Water Authority (Dewa) has allocated Dh6.42 billion (US$1.7 billion) to complete current projects and start new ones, the utility's chief executive said Saturday. Dewa will spend the funds "as part of its strategy to enhanc

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Air Arabia announces annual net profit of Dh452 million

Sunday, February 14, 2010

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Air Arabia (PJSC), the Middle East and North Africa's first and largest low-cost carrier, announced today its financial results for the 12 months ending December 31, 2009, demonstrating continued profitability and very high levels of efficiency durin

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Abu Dhabi plans tender for US$2bn power plant

Monday, February 8, 2010

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Abu Dhabi plans to invite firms in March to submit proposals to build a 1,600 megawatt power plant worth about US$2 billion (Dh7.34bn), a government official said yesterday, as the emirate looks to meet tripling demand by 2020. Water and electri

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etisalat debuts Collect Call service in the UAE

Monday, February 8, 2010

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etisalat customers and telephone users in the UAE can now enjoy etisalat's newly introduced and innovative 'Collect Call' service, conveniently designed to make it easier for customers to connect with friends and family with calls charged to the call

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Inflation in UAE hits nine-year low

Monday, February 8, 2010

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The UAE inflation hit a nine-year low of 1.5 per cent in 2009, in line with forecasts, as prices returned to a downward path in December due to a fall in the household category, preliminary data showed yesterday. The global financial crisis ended an

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Mansour opens heritage village at The Walk JBR

Friday, February 5, 2010

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H.H. Sheikh Mansour bin Mohammed bin Rashid Al Maktoum opened the activities of the heritage village at The Walk Jumeirah Beach Residence (JBR), developed by Dubai Properties Group, one of the headline sponsors of 15th Dubai Shopping Festival. Du

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