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Sorouh 2Q11 Results Snapshot

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 signs club term loan facility

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

Short Term Solutions – Long Term Problems

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-...

ADU Scholars recognized for exceptional academic performance

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

“Best City in the World” by Travellers

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 opens 8 Children Stores

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

Ramadan Working Hours

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

Emirates NBD, MasterCard to launch Titanium Credit Card

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...

Emaar Properties records first-half 2011 net operating profit

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$...