Thursday, 11 March 2010
18.00 ° - Abu Dhabi
Thursday, 11 March 2010
18.00 ° - Abu Dhabi
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Information memorandum have been issued for the sale of Istithmar's port and shipping agent Inchcape Shipping Services (ISS) as the auction gets underway, bankers close to the deal said on Wednesday. ... -
The extension of Oman's main airport in Muscat will be delayed by two years and may cost the state up to an extra $500m after runway excavations hit seawater, a government official said on Wednesday. ... -
The UAE’s Emirates Airline has refuted claims that its expansion in the Canadian market would jeopadise the country’s main national carrier, Air Canada. The rebuttal comes in the wake of assertion... -
Dubai-owned utility Dewa's $1.5bn bond issue in early April will carry no government guarantee, which is likely to limit investor interest while Dubai state enterprises are struggling with a debt cris... -
Dubai's Union Properties has received "negotiable" offers for its Ritz Carlton hotel in Dubai, which the debt-laden firm is hoping to sell for about Dh1.5bn ($408.4m), its chairman said on Wednesday. ...
News in-brief
Banks in the United Arab Emirates may require more government…
Oil major Royal Dutch Shell has stopped gasoline sales…
The United Arab Emiratees still has Dh20bn left out…
Dubai's state-owned utility Dewa said on Wednesday a…
The biomass produced by the palm shredder turns desert sand into fertile soil…
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Dubai's benchmark lower for the first session in five as some investors opted to book gains from the recent stock surge. The index climbed 4.9 per cent in three days amid r...
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