Company News - Page 13
UNB Group's consolidated profit for H1 of 2008 up by 41% to reach Dhs764.6m
- The UNB Group's profit for the current period was Dhs764.6m against Dhs542.4m during first half of 2007. Union National Bank's consolidated net profit attributable to equity shareholders reached Dhs759.7m for the first half of 2008 as compared to Dhs538.1m for the corresponding period of 2007, an increase of 41.2%.
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- United Arab Emirates: Tuesday, July 22 - 2008 at 15:37 |
KIPCO announces $350m club deal
- KIPCO - the Kuwait Projects Company - has announced the completion of a $350m three year 'club deal' loan facility with a panel of major international banks consisting of BNP Paribas, Citi, Credit Suisse, HSBC, JP Morgan, Morgan Stanley and RZB.
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- Kuwait: Tuesday, July 22 - 2008 at 15:36 |
Etisalat assigned 'A+/A-1' ratings; outlook stable
- Standard & Poor's Ratings Services said today it assigned its 'A+' long-term and 'A-1' short-term foreign and local currency corporate credit ratings to Emirates Telecommunications Corp. (Etisalat), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates (UAE).
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- United Arab Emirates: Tuesday, July 22 - 2008 at 15:26
ZSML secures new projects worth Dhs250m
- Dubai-based construction company ZSML is celebrating the completion of its first year of business by signing two key contracts worth Dhs250m - Seven Tides' Ibn Battuta Gate Spa and the Nakheel's Deira Palm, Sales Centre.
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- United Arab Emirates: Tuesday, July 22 - 2008 at 15:24
Cement Gypsum Products Co announces financial gains in second quarter of 2008
- Cement Gypsum Products Co. (SAOG) has posted a major financial turn-around in the second quarter of this year after having successfully captured some major contracts in the Sultanate of Oman and UAE.
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- Oman: Tuesday, July 22 - 2008 at 15:21
Al Rostamani Trading Company launches Suzuki SX4 Sedan 2009
- After the high demand on the Suzuki SX4 Hatchback, Al Rostamani Trading Company, the sole authorized distributor for Suzuki vehicles, is introducing the all new Suzuki SX4 Sedan to the UAE market and will be available by the first week of August, 2008.
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- United Arab Emirates: Tuesday, July 22 - 2008 at 15:15 |
LG Electronics and Honeywell announce strategic partnership in building solution system
- LG Electronics (LGE), a leader and technology innovator in consumer electronics, today announced a strategic business partnership with Honeywell, a manufacturer in automation and control solution. This agreement covers intelligent building systems, in which Honeywell possesses world's leading technology.
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- Jordan: Tuesday, July 22 - 2008 at 15:11 |
Roberto Cavalli to open the first Cavalli Club in Dubai
- Roberto Cavalli is proud to announce the opening of the world's first Cavalli Club in Dubai.
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- United Arab Emirates: Tuesday, July 22 - 2008 at 15:04 |
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