Monthly Archives: July 2011

2Q11 revenues at AED1.2 bn up 542% YoY Gross Profit registered AED144 mn up 91% YoY Net profit at AED125 mn 125 up 520% YoY 1H11 net...

Bank of Sharjah announced today that it has signed a USD 135 million (AED 500 million equivalent) club term loan facility with four Mandated...

US still risks default and downgrade Euro zone buys time Few drivers of growth surprises- major economies still struggle Equities are likely to see selling pressure A positive-...

Abu Dhabi University (ADU) has recognized the top graduates of 2010 - 2011 for their exceptional academic performance. Fourteen students were honored by His...

Thailand also home to Best City Hotel in Asia, Best Resort in Asia and strongly represented in the World's Top 50 Hotels and Resorts The...

Festival Centre Dubai Festival City has dedicated an area for children and mothers which will comprise 14 new and exciting stores

Mohammad Obaid Al Qattami, Minister of Education and Chairman of the Board of the Federal Authority for Human Resources (FAHR) has issued a circular...

Focus on lifestyle benefits, superior rewards and robust security features New Titanium credit card caters to fast growing emerging affluent segment Emirates NBD, a leading bank...

Revenue for the first six months of 2011 is AED 4.014 billion (US$ 1.093 billion) Second-quarter 2011 net operating profit of AED 422 million (US$...

IDG Connect’s global content survey of 3,217 IT professionals in 114 territories reveals that whilst 72% of respondents find vendor white papers extremely useful,...

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed...

Reinforcing its commitment to providing the best onboard experience to its customers, Emirates (www.emirates.com) has unveiled a new range of products in its...

Average growth rate achieved following successful completion of five years of health insurance business in UAE The National Health Insurance Company- Daman, today announced it...

The Dubai Gold and Commodities Exchange (DGCX) is set to expand its Indian Rupee (INR) product offering with the launch of an INR Options...

Adjusted for inflation, gold would have to settle somewhere near $2,400 an ounce to supplant a record around $850 an ounce reached in January...

41 elite Emirati students were honored Sunday with the 2011 Al Nokhba Scholarship for Advanced Technology at the scholarships induction ceremony held in the...

There was a contract change for crude oil this week as volume on September delivery increased and the price rose for the fourth consecutive...

Recruitment in the UAE has traditionally seen a standstill during the summer months with numerous companies delaying hiring decisions until September. However evidence suggests...