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Marubeni wins Taweelah B

An international consortium headed by Marubeni of Japan and BTU Power from the US is to develop... Read full article »
United Arab Emirates: Thursday, December 30 - 2004 at 09:16

Militants dead in Riyadh

Saudi police killed seven militants yesterday after several bomb blasts rocked central Riyadh,... Read full article »
Saudi Arabia: Thursday, December 30 - 2004 at 08:52

EIA elects Faisal as chairman

The Emirates Insurance Association has unanimously elected Sheikh Faisal Al Qasimi from Sharjah... Read full article »
United Arab Emirates: Thursday, December 30 - 2004 at 08:33

EFS extends capital base

An extraordinary meeting of Emirates Financial Services, part of the Emirates Bank Group, has... Read full article »
United Arab Emirates: Thursday, December 30 - 2004 at 08:30

BoS enters investment banking

The Bank of Sharjah is to set up an independent investment banking arm, General Manager Varouj... Read full article »
United Arab Emirates: Thursday, December 30 - 2004 at 08:26

GFH exits IFC holding

Bahrain investment bank Gulf Investment House has sold its 80 per cent stake in International... Read full article »
Bahrain: Thursday, December 30 - 2004 at 08:12

Gold suffers trading losses

Gold prices slipped sharply yesterday with an ounce of yellow metal trading around USD435 in New... Read full article »
Thursday, December 30 - 2004 at 08:09

QIC, 40pc cash dividend

Qatar Insurance Company's board of directors has recommended a 40 per cent cash dividend of QR4... Read full article »
Qatar: Wednesday, December 29 - 2004 at 11:12

Dollar hits new low

The US dollar hit a new low of USD1.3644 against the euro yesterday shortly before new data... Read full article »
Wednesday, December 29 - 2004 at 09:21

AUB share issue oversubcribed

Ahli United Bank has closed subscription to its issue of 600m preference shares on scheduled with... Read full article »
Bahrain: Wednesday, December 29 - 2004 at 09:18

DMCC men get promotion

The Dubai Metals and Commodities Centre has announced the promotion of CEO Tawfiq Abdullah to... Read full article »
United Arab Emirates: Wednesday, December 29 - 2004 at 08:38

ADSM record trading day

The Abu Dhabi Securities Market recorded its highest ever trading volume yesterday on... Read full article »
United Arab Emirates: Wednesday, December 29 - 2004 at 08:31

AD sets up power companies

Abu Dhabi has created two new power companies, reported Wam. Al Taweelah United Power will have a... Read full article »
United Arab Emirates: Wednesday, December 29 - 2004 at 08:19

DFM online trading from Q1

The Dubai Financial Market is to introduce online trading for brokers from the first quarter of... Read full article »
United Arab Emirates: Wednesday, December 29 - 2004 at 08:14

Dollar down, gold up again

The US dollar has continued its relentless decline and yesterday passed the USD1.36 to the euro... Read full article »
Tuesday, December 28 - 2004 at 09:17
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