Former CEO of Dubai's Arabtec trims stake -bourse data
Dubai construction company Arabtec's former boss has sold about USD 4 million worth of shares in the group this week, cutting his stake slightly, stock exchange data showed.
Du has no plans to expand beyond UAE
Emirates Integrated Telecommunications Company (du) plans to focus on fixed-line business and acceleration of fourth generation mobile technology (4G LTE) in the UAE for now, Osman Sultan, du’s Chief Executive Officer, told Gulf News.
IMF says Israel-Gaza conflict already having economic costs
Israel and Gaza are already facing economic costs from the fighting between them that has raged for the past two weeks, a spokesman from the International Monetary Fund said.