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Gulf region’s largest bank by assets, is not looking to issue any bonds this year but would consider the option in the first quarter of 2010, its chief executive said yesterday. The bank “is not planning anything this year... we...

Emaar Properties expects “technical talks” for its planned merger with state owned developers to be concluded within a month, its chairman said in remarks aired yesterday. The new firm will announce new projects after the merger, Mohamed Alabbar told Al...

Economic Zones World (EZW), the global developer and operator of economic zones, technology, logistics and industrial parks has been awarded CIO Top 20 title for 2009 for its commitment to deploy new technologies to serve its customers better. The award...

A former United Arab Emirates minster, Khalifa Bakhit al-Falasi, was cleared on Sunday of corruption charges on appeal for a second time, his lawyer said. Dubai's "Court of Appeals acquitted my client Khalifa Bakhit al-Falasi" along with two co-defendants, an...

Contrary to popular opinion, customer service in UAE banks is improving, according to the latest study from Ethos Consultancy...However, she added that she didn’t think the global recession was the only reason customer service in the UAE had improved. “I...

Dubai-based private equity firm Abraaj Capital said yesterday that 2010 would be a significant investing year for private equity and that it was looking at opportunities in Middle East commercial properties to take advan-tage of cheap prices. Chief executive Arif...

The UAE�s foreign trade shows no �worrying signs� and will achieve better growth rates this year despite the global financial crisis, according to Shaikha Lubna Al Qasimi, UAE Minister of Foreign Trade. Shaikha Lubna emphasised that the government was keen...

Tayer, said the move was part of efforts to ‘improve performance in Dubai government and semi-governmental departments’.

He wears a dish-dash, speaks Arabic — a language he can’t read or write — and has many interesting stories to tell about this place and its people. Given his chequered background sometimes he also wonders who he is. Mohan,...

Chamber so as to   promote private sector’s contributions in building the emirate’s economy on a solid foundation. The strategy has identified seven priorities, 14 goals and 42   initiatives to be launched over the next five years, the statement...