Over 900 arms producers to attend IDEX in February
Abu Dhabi, Aug 11, 2008 (WAM) - Abu Dhabi has started the countdown for what could be the biggest defence show to be held in the Middle East when more than 900 global arms producers showcase their
Kuwait Finance and Investment Company debuts on Dubai Financial Market
Dubai, Aug 4, 2008 (WAM) - Dubai Financial Market (DFM) yesterday announced the listing of Kuwait Finance and Investment Company (KFIC), incorporated in Kuwait.
Emirates airline considers more services to US cities
Dubai, Aug 4, 2008 (WAM)- Emirates airline, the UAE's national carrier, said yesterday it will operate the world's largest passenger aircraft three times a week on its New York-Dubai route (EK202/E
Dubai Capital Group buys 5.24pc stake in CIB
Cairo - Aug 3, 2008 (WAM) - Commercial International Bank (CIB) said on Sunday Dubai Capital Group had bought a 5.24 per cent stake in the bank, the Gulf emirate's second major investment in a yea
Air Arabia net profit soars to Dh160 million in first half of 2008, up 39
Abu Dhabi, Aug 4, 2008 (WAM) - Air Arabia announced yesterday its financial results for the period ending June 30, 2008, demonstrating continued superior performance and ongoing organic growth.
ADNEC and Starwood Hotels join hands to launch the first Element hotel in ME
Abu Dhabi, Aug 4, 2008 (WAM) - Starwood Hotels and Resorts Worldwide, and Abu Dhabi National Exhibitions Company (ADNEC), have jointly announced the launch of new Element hotel in Abu Dhabi - the f
Mubadala and MAF Group in joint venture deal
Abu Dhabi, Aug 4, 2008 (WAM) - Mubadala Development Company and Majid Al Futtaim Group have signed a joint venture agreement to develop mixed-use project in Abu Dhabi.
Taqa to borrow US$4.5bn to finance expansion
Abu Dhabi, August 3, 2008 (WAM) - The Abu Dhabi National Energy Company (Taqa) said yesterday it would borrow US$4.5 billion (Dh16.5 billion) to fund an aggressive investment drive that could lift
UAE's demand for power needs over US$10b: BMI
Abu Dhabi, Aug 4, 2008 (WAM) - The UAE needs to spend more than US$10
Demand for fuel in UAE increased 4.6% in 2007
Abu Dhabi, Aug 4, 2008 (WAM) - UAE fuel demand grew by around 4.6 per cent to more than 223,000 barrels per day in 2007 and industry sources expect it to swell by over five per cent this year.
