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Yearly Archives: 2009
DEWA commissions two power transmission stations at Dh 1 bn
Dubai Electricity and Water Authority (DEWA) has commissioned two key transmission stations with a combined capacity of 400 kilovolt at a total cost of...
VectraMind broadens reach for Mobile Solutions
Launches new website to enable easier access for customers
VectraMind Corporation, the most reliable partner in Mobile and Web Solutions in the GCC has expanded...
Emirates NBD to propose capital increase through government tranche
Emirates NBD has announced in a notice to its shareholders regarding its Second Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) which will...
Social Affairs Ministry denies converting Arkan shares to social assistance recipients
The Ministry of Social Affairs denied today it has converted ownership of about 100 million shares of Arkan Building Materials Company to 10,000 recipients...
UAE Central Bank sets up crisis committee with banks
Representatives of the Central Bank of the UAE and major national banks met yesterday to discuss the challenges faced by the UAE banking system...
UAE’s healthcare market is estimated to touch Dhs44bn ($12bn) by 2015
Over the years, the UAE has witnessed significant expansion in healthcare and wellness facilities, which has put emphasis on the appeal for healthy living....
UAE federal Government to move to 3-year budgets
UAE plans a big makeover with regard to its federal budget, like releasing budgets every three years instead of yearly one at present and...
UAE financial markets close for holiday on Sunday
The UAE financial markets will close on Sunday March 8 to mark the anniversary of Prophet Mohammed (PBUH) birthday, a statement issued today by...
3rd Abu Dhabi Economic Forum opens
The Chairman of the Abu Dhabi Department of Planning and Economy (DPE), Nasir Ahmed Al-Suwaidi, Monday inaugurated at the Emirates Palace Hotel the 3rd...
800 postgraduate students enrolled at ADU
The Graduate Studies Program at ADU has witnessed a significant growth in enrollment this Semester. The university has received 450 applications for Spring 09...
Saturday March 7th, holiday for all private sector
Saturday March 7th, 2009 (corresponding to Rabea Al Awwal 10th, 1430 Hijri) will be a holiday for all the private sector in the UAE...
Junior Open Tennis Tournament
Sanofi-aventis and Al Nasr Leisureland launch one month sports campaign for kids to promote fitness
Last chance to register for the ‘Lets Move Together’ Junior...
The big winner at this year’s Academy Awards
"Slumdog Millionaire" was the big winner at this year's Academy Awards ceremony. The rags-to-riches saga of the Mumbai slums picked up a total of...
Finance House subsidiary to launch Fund to finance UAE private sector...
Finance House, through its DIFC-registered subsidiary, FH Capital Ltd, today announced that it intends to launch the FH Special Opportunities Fund (SOF), with a...
Dubai developers can utilise $2.2 bln escrows
Dubai developers have access to up to $2.2 billion from escrow accounts to cover construction commitments, the emirate's property regulator said in a strategy...
Wall Street Exchange participates in National Career Exhibition at Expo...
Wall Street Exchange, the financial services arm of Emirates Post Group, highlighted employment opportunities for Emirati job seekers at the four-day National Career Exhibition...
Schools cannot force the parents to pay any fees in advance
The Licensing department of the Knowledge and Human Development Authority (KHDA) has in the past week received parent complaints about several schools invoicing them...