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Rising provisions continue to eat into bank profits for 2009, with 11 UAE banks that have announced their annual results so far reporting a drop of Dh3.66bn, or more than 21 per cent in net profits for the year compared with 2008. Combined net
Continue reading...Monday, February 15, 2010
Equities trading volumes on Nasdaq Dubai rose by 17% in January 2010 to 200 million, compared to 171 million in January 2009. Deutsche Bank was the most active Member of the exchange by equities volume in January 2010, followed by Citibank and
Continue reading...Monday, February 15, 2010
Abu Dhabi National Energy Company PJSC full-year 2009 net profit fell 89.99 per cent to Dh183 million, due to lower oil prices. Abu Dhabi Securities Exchange listed energy firm Taqa''s revenues rose marginally by 0.8 per cent to Dh16.942 billio
Continue reading...Monday, February 15, 2010
HE Sultan Bin Saeed Al Mansouri, Minister of Economy, said the UAE economy is strong and offers strong investment opportunities across varied sectors including aviation. He also commended the ability of Dubai economy to deal with global challenges.
Continue reading...Monday, February 15, 2010
H.E. Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade, discussed yesterday with visiting Tunisian Minister of Trade And Handicrafts Mohammed Ridha Ben Mosbah ways of enhancing bilateral trade cooperation.
Continue reading...Wednesday, January 20, 2010
H.E. Sheikha Lubna Bint Khalid Al Qasimi, UAE Minister of Foreign Trade (MoFT), will lead a senior trade and investment delegation comprising around 20 federal, local and private representatives during a promotional tour in India which will run from
Continue reading...Monday, January 18, 2010
UAE Foreign Trade Minister Sheikha Lubna Al-Qasimi held 2 separate meetings with Macedonian Minister of Economy Fatmir Besimi and Polish Deputy Minister Economic Affairs Marcin Korolek. The two separate meetings discussed ways to further promot
Continue reading...Wednesday, December 30, 2009
Sheikha Lubna Khalid Sultan al Qasimi is the Minister for Foreign Trade and Turkey's State Minister for Foreign Trade Zafer Caglayan yesterday discussed ways to further promote trade and investment relations between their two countries. The meet
Continue reading...Sunday, November 22, 2009
Strata, the advanced composites aerostucture plant constructed in Al Ain, will start its production and deliver the first composite part in the first half of 2010, a senior Mubadala official told Gulf News. In an interview, Humaid Al Shemmari, A
Continue reading...Sunday, November 22, 2009
H.E. Sheikha Lubna Bint Khalid Al Qasimi, UAE Minister of Foreign Trade (MoFT), discussed nationwide business conditions, trade and investment promotions strategies, and proposals to enhance cooperation between MoFT and the private sector with the ai
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Monday, February 15, 2010
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