Western Union being probed for terrorist financing in Pakistan
Posted by: Mojee
Dubai :: United Arab Emirates | updated 2013-05-02 06:53:57 -0700 | business-news
UAE 3rd may 2013. Federal Investigation Agency is now probing multinational Western Union’s alleged involvement in money laundering and terrorist financing in Pakistan as the agency wrote to all concerned departments to submit and observe the business and transaction records...
Western Union admits of deduction from foreign remittances.
Posted by: Mojee
Dubai :: United Arab Emirates | updated 2013-04-28 05:36:19 -0700 | business-news
Arab world :- April 28, 2013. Multinational foreign exchange company Western Union admits that the company deducted USD 1.6 million from foreign remittances of Zarco, another foreign exchange company and former agent of Western Union here in Pakistan. According to...
Major Saudi firms in Forbes Top 500 list
Source: Arab News
Abu Dhabi :: United Arab Emirates | updated 2013-05-16 17:04:29 -0700 | business-news
26 am With the support of Sheikh Nahyan Mabarak Al Nahyan, the UAE's minister for culture, youth and community development, Forbes Middle East hosted a prestigious event at Ritz Carlton, Abu Dhabi on Tuesday, in recognition of The Top 500...
Gold retailers buy bullion at any cost
Source: Zawya Regional
Dubai :: United Arab Emirates | updated 2013-04-30 01:27:25 -0700 | business-news
Gold prices may have had a partial recovery over the last week, but the premium jewellery retailers need to shell out to ensure they have enough bullion stock to get by has nearly doubled. As against the $5 an ounce...
John Coors plans to raise capital for private equity deals in Africa
Source: Denver Post
Dubai :: United Arab Emirates | updated 2013-05-06 23:22:56 -0700 | business-news
Font Resize Bloomberg News John Coors, the great-grandson of the founder of Coors Brewing Co., plans to raise $300 million from wealthy families in the U.S. and Africa for a private equity fund to invest in Africa. The One Thousand...
DED fined 60 virtual offices in Dubai in 2012
Source: Zawya Regional
Dubai :: United Arab Emirates | updated 2013-05-11 22:11:51 -0700 | business-news
Virtual office practices are illegal and the Department of Economic Development in Dubai fined 60 offices last year and warned business communities to seek this option in order to run any business activities in the emirate, Mohammad Shael Al Sa'adi,...
Developer DAMAC to build Trump-branded golf course in Du...
Source: Qatar English Daily
Dubai :: United Arab Emirates | updated 2013-05-05 09:34:56 -0700 | business-news
Sources told Reuters in April that the developer had submitted requests to leading international banks for a possible listing of its shares. (Reuters)
Is Dubai Police pulling a 007 with an Aston Martin One-77 in its superfleet?
Source: Zawya Regional
Dubai :: United Arab Emirates | updated 2013-04-30 21:23:45 -0700 | business-news
Images surfaced online indicate the exclusive Q series (only seven in the world) will be added to the patrolling fleet; the car comes at a whopping estimated price of Dh11m In popular culture, the Aston Martin is a name synonymous...
Dubai got what 'New York did in 150 years'
Source: Zawya Regional
Dubai :: United Arab Emirates | updated 2013-04-28 02:01:44 -0700 | business-news
US report says women are more respected in Dubai than in the West Dubai achieved in 10 years what New York did in 150 years while the emirate has become a safer place than London and other key western capitals,...
After Samsung Galaxy S4, HTC One "sold out" in Dubai
Source: Zawya Regional
Dubai :: United Arab Emirates | updated 2013-04-30 08:08:18 -0700 | business-news
Reuters/Pichi Chuang Both the popular Android-based smartphones that were released in the UAE market just three days ago have already run out of stock. Retailers also told Emirates 24|7 yesterday that the enquiries for HTC One are better than that...
Sreesanth trusted friends implicitly, says mother
Source: The Hindu
Dubai :: United Arab Emirates | updated 2013-05-16 23:58:15 -0700 | business-news
Sreesanth's mother believes that he was done in by a very close friend. We are all shocked, we can't believe it, said Savithri Devi after the Indian fast bowler's arrest in the IPL spot-fixing scandal on Thursday. Sree was never...
Madinah needs 500 hotels in five years
Source: Zawya Regional
Dubai :: United Arab Emirates | updated 2013-05-13 22:34:01 -0700 | business-news
Authorities in Madinah are faced with the pressing issue of constructing 500 hotels within the span of five years to avoid a hospitality crisis. Around 33,000 visitors come to Madinah everyday, which amounts to almost 1 million tourists per month...Al-Ansari...
Huge queues at medical center in Dubai frustrate residents
Source: Zawya Regional
Dubai :: United Arab Emirates | updated 2013-05-12 22:43:47 -0700 | business-news
Frustrated residents say they are being forced to queue for hours at Duabi's Al Muhaisnah's Medical Fitness Centre. The huge queues of about 200 people, which at times spill outside the main building, are a result of overcrowding during peak...
Emaar targets British home buyers; on roadshow to London
Source: Zawya Regional
Dubai :: United Arab Emirates | updated 2013-05-07 21:56:38 -0700 | business-news
Those buying will have to pay a non-refundable cheque payment of Dh28,556 as down payment Emaar Properties , Dubai's largest developer, is going to London, this time enticing UK nationals and residents only to invest in the emirate's recovering property...
Qatar Air says to get 787 grounding compensation
Source: Turks and Caicos Free Press
Dubai :: United Arab Emirates | updated 2013-05-01 17:50:51 -0700 | business-news
The Boeing logo is seen at their headquarters in Chicago, April 24, 2013. Qatar Airways said it would receive compensation from Boeing for the grounding of its 787 Dreamliners, as it returned the aircraft to service for the first time...
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