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    <title>Amlak posts Dhs45m Q3 loss</title>
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    <pubDate>Thu, 03 Dec 2009 09:47:03 +0400</pubDate>
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        Dubai-based mortgage lender Amlak Finance has announced its net loss for Q3 stood at Dhs45m, lower than losses recorded in the first and second quarters of 2009. Total losses for the first nine months of the year amounted to Dhs178m. Amlak attributed the loss to prudent provisioning on mortgage financing portfolio. Operational profit before provisions and impairments stood at Dhs39m for the nine month period and total provisions for the financing business stood at Dhs313m cumulatively as of September 30, 2009.
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    <title>Fitch downgrades Dubai Holding Commercial Operations Group to 'BB'; remains on Watch Negative</title>
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    <pubDate>Thu, 03 Dec 2009 09:44:37 +0400</pubDate>
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        Fitch Ratings has today downgraded Dubai Holding Commercial Operations Group LLC's (DHCOG) Long-term Issuer Default Rating (IDR) and senior unsecured rating to 'BB' from 'BBB-', respectively. Both the IDR and senior unsecured ratings remain on Rating Watch Negative (RWN). The Short-term IDR has been downgraded to 'B' from 'F3' and simultaneously removed from RWN.
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    <title>Nokia launches Jordan mapping service</title>
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        Nokia Middle East has launched a route mapping service in Jordan for both pedestrians and drivers via their mobile phones. It uses the company's Ovi Maps application and also includes world maps. The Jordan map is free and includes road coverage of 28,621km, covering 100 municipalities, including street names and street directions.
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    <title>QNB Al Islami sponsors seminar on Islamic banking</title>
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    <pubDate>Thu, 03 Dec 2009 09:43:59 +0400</pubDate>
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        "Islamic Banking Vs Conventional Banking and the Role of Shariah Auditor" was the topic of presentation given by Mr. Musadag El Melik, General Manager QNB Al Islami, at the IIA seminar held recently at the Millennium Hotel in Doha.
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    <title>Dreamliner test flight expected in December</title>
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    <pubDate>Thu, 03 Dec 2009 09:43:19 +0400</pubDate>
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        Boeing has set December 22 as target date for the maiden flight of its new 787 Dreamliner, as it has successfully completed the wing test that the jet failed last May, the Seattle Times has reported, citing two sources familiar with the test outcome. Last Monday, the jet had its wings filled with jet fuel for initial engine runs and system tests, which will be followed by taxi tests. The plane is then expected to fly by Christmas.
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