1 105 articles posted
'Margin call' incurs losses of Dhs17.2bn on UAE shares
- UAE lenders were caught by surprise today after they received SMSs on their mobile phones from banks asking them for immediate sales of shares after Emaar dropped to new record lows at Dhs8.95. This is below its nominal value which varies between Dhs9 and Dhs10. Brokerage firms later received extensive selling orders on Emaar and other leading shares pushing the markets to close down by 2.4%, while ADX also saw a sharp decline of 2.1%.
- Middle East: Tuesday, August 26 - 2008 at 20:23
Establishment of Dhs4bn Nobles Investments announced
- Nobles Investments, a newly established Dhs4bn real estate development company has been announced in Dubai, UAE.
- United Arab Emirates: Tuesday, August 26 - 2008 at 17:13
Deutsche Bank concludes landmark trade on Saudi stock exchange
- Deutsche Bank announced today that it has concluded its first swap agreement on the Saudi stock market (Tadawul), a milestone in the bank's operations in the Kingdom of Saudi Arabia.
- Saudi Arabia: Tuesday, August 26 - 2008 at 17:10
Microsoft, Intel and DTK Computer launch 'Netbook' in Middle East
- Microsoft Gulf, Intel and DTK Computer today announced the launch of a new ultra-portable, low-cost 'Netbook' in the Middle East in an aim to bridge the digital divide and increase computer penetration in the region.
- United Arab Emirates: Tuesday, August 26 - 2008 at 17:01
Noted spine surgeon Dr Henry Graf to visit Muscat Private Hospital soon
- A veteran in spine surgery with more than five decades of experience, Dr Henry Graf, visiting doctor at Muscat Private Hospital, brings with him not only expertise but in-depth knowledge as well.
- Oman: Tuesday, August 26 - 2008 at 16:45
Wataniya goes nuts for Al Rifai
- Wataniya Restaurants, Qatar's largest food franchise and the name on everyone's lips, is now the exclusive distributor and retailer in Qatar for the Middle East's number 1 brand of specialty nuts, Al Rifai.
- Qatar: Tuesday, August 26 - 2008 at 16:42
Entrepreneur Business Village expects to unleash latent business talents
- Aiming at young entrepreneurs and promoting the growth of new business, Mohammed Bin Rashid Establishment for Young Business Leaders (MBRE) has commenced a landmark project called Entrepreneur Business Village (EBV).
- United Arab Emirates: Tuesday, August 26 - 2008 at 16:37
Mind's Pleasure concludes its summer journey
- Mind's pleasure seminars were concluded last Saturday with a turnout of more than 3000 participants.
- United Arab Emirates: Tuesday, August 26 - 2008 at 16:26
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The above is an easy overview of all news content posted on AME Info the past seven days - listed by date in cronologial order.
If you wish to include press releases from your company, please visit http://www.ameinfo.com/submitpr/ for information on how to submit your information.
The service is provided free of charge however AME Info reserves the right not to publish stories regardless of relevance, should we find them unfit for the general AME Info audience.
© 1996-2008 AME Info FZ LLC / Emap Limited. All rights reserved. Replication or redistribution of AME Info content is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
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