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Top UAE News

  • Emaar Properties reports 2011 net operating profit of AED2.058bn


    Emaar Properties PJSC, the global property developer of integrated lifestyle communities, announced today a net operating profit of AED 2.058 billion (US$ 560 million) for the 12 months ended December 31, 2011. Press Release - 14Feb 11:21GMT
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  • NBAD upgrades premium banking service


    The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has upgraded its premium banking service, NBAD Elite. Press Release - 14Feb 13:15GMT
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  • Al Reyadah awarded AC management contract for luxury villas of B2B Hotels and Properties


    Al Reyadah, a UAE based contracting company that serves clients in the Gulf region, has been awarded the maintenance contract for 19 luxury villas owned by B2B Hotels & Properties LLC, a joint venture between TDIC and Al Fahim Group. Press Release - 14Feb 13:13GMT
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  • Masdar Institute appoints renowned expert in desalination to establish Centre of Excellence for Water


    Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, today announced the appointment of Dr. Nidal Hilal, an expert in desalination and membrane technologies, as the Professor in Nano-membranology and Water Technologies at the Water and Environmental Engineering program. WAM (Emirates News Agency) - 14Feb 13:04GMT
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  • S&P reports assess economic and credit impact of rising tensions in the Gulf


    Rising tension between Iran and the West is increasing political and economic risks for sovereign and corporate issuers in the Middle East and focusing attention on the key role of the Strait of Hormuz in trade for the Gulf, says Standard & Poor's Ratings Services in a series of three new reports. Press Release - 14Feb 11:22GMT
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  • DEWA launches AED265m main Substation project at Al Lusaily


    Dubai Electricity and Water Authority (DEWA) continues its development projects to raise and upgrade power capacity of its infrastructure; to keep pace with the growth of demand for its services and meet its aspirations to optimize these services to achieve efficiency and reliability. Press Release - 14Feb 11:20GMT
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  • Municipality of Abu Dhabi City renames 'Bain Al Jisrain' to 'Al Maqtaa'


    The Municipality of Abu Dhabi City announced a change in the name of "Bain Al Jisrain" area, to 'Al Maqtaa' in a step aimed to showcase the historical importance of the area in a way befitting its geographical location and historical evolution. WAM (Emirates News Agency) - 14Feb 11:20GMT
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  • Trust Securities DMCC expands agricultural trading division


    Trust Securities has announced that it has expanded its agricultural trading division to meet the growing demand of agricultural commodity consumption and re-exports out of the United Arab Emirates. Press Release - 14Feb 10:43GMT
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  • Emirates introduces Airbus A340-500 on Accra-Dubai route


    Emirates, underlined its commitment to Ghana this month by introducing the Airbus A340-500 on to the Accra-Dubai route, starting from 1 February 2012. WAM (Emirates News Agency) - 14Feb 10:27GMT
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  • 5th Bayt.com Virtual Job Fair proves a success with UAE employers and jobseekers


    Bayt.com, the Middle East's number on job site, has once again held a successful virtual job fair (VJF) for the UAE, with 17,000 registered jobseekers from 102 different countries taking part in the online event. It took place between Feb 5 - 9, 2012 and about 200 vacancies were open for application. Press Release - 14Feb 10:27GMT
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Dubai Eye - 14 Feb 2012
Omar Christidis, Organizer of Arabnet, talks about the prospect for Techy start ups getting said capital at the tech show 'Arabnet' from 27-31 March.
 

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Kuwaiti Bond Market - Development Bottlenecks
Capital Standards

The report “Kuwaiti Bond Market: Development Bottlenecks” issued by Capital Standards briefly enumerates the reasons for the anemic state of the bond market in Kuwait.



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While Dubai's economic environment is improving rapidly, the real estate sector is likely to go through more pain and fall by a further 15-20% before bottoming out, says Rasmala.
 
 
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The focus of Dubai's health care sector is set to undergo a major shift, with greater emphasis to be placed on prevention rather than treatment, a policy that aims both to better meet the changing needs of the community and also rein in an expanding health budget.
 
 
 
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Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Emirates Telecommunications Corporation UAE 19,888
2 DP World UAE 9,047
3 National Bank of Abu Dhabi UAE 8,517
4 First Gulf Bank UAE 7,248
5 Emaar Properties UAE 4,875
» View Full List
 
 
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