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Wednesday, February 10 - 2010

United Arab Emirates

The latest business news, company announcements and analyses from the UAE. Keep abreast of the most up-to-date developments in Dubai's real estate and hospitality sectors, Abu Dhabi's infrastructure investment and cultural projects, including Sadiyaat island's key tourism developments, and key initiatives in the northern emirates. Also including in-depth analyses of the country's capital markets; the Dubai Financial Market, Abu Dhabi Securities Exchange and Nasdaq Dubai, and see how these affect you and your business.

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United Arab Emirates news

ADX sees slight rise

United Arab Emirates: 11 hours, 40 minutes ago
The Abu Dhabi Securities Index gained 0.56% today to close on 2,719. All sectors ended higher, led by health care, which rose 3.91%. Overall, 22 stocks finished higher, led by Abu Dhabi Ship Building, which climbed 9.83% to Dhs3.80. Six stock ended lower, with Gulf Cement leading the way with a drop of 3.64% to Dhs1.57.

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Analysis

Lord Mayor of City of London,  Nick Anstee

Lord Mayor of City of London talks at DIFC

United Arab Emirates: 15 hours, 15 minutes ago
The Lord Mayor of the City of London is the global ambassador for the whole UK based financial services industry and the made Dubai International Financial Centre (DIFC) has first stop on his world tour. Phil Blizzard spoke to Alderman Nick Anstee on the 'mood' of the UK's financial centre, "rebuilding trust", the City's relationship with Dubai and in particualar resolving the issue of financing Dubai World from a UK perspective.

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