United Arab Emirates

United Arab Emirates 5/17/2012

10:40 : Jailed US businessman on hunger strike in Dubai - DUBAI, United Arab Emirates (AP) -- An American businessman jailed for more than four years in Dubai under suspicion of corruption has started a hunger strike to push for a trial and seek greater U.S. ...

Source : usnews-com

United Arab Emirates 5/15/2012

05:26 : HSBC expects 20 percent SME loan growth in UAE - UK lender HSBC Holdings , launched a 1 billion dirhams (169.4 million pounds) small and medium enterprises fund on Tuesday and said it sees loans to the sector in the United Arab Emirates growing by 20 percent this ...

Source : ibtimes-com

United Arab Emirates 5/14/2012

16:43 : The CBSA Investigates the Dumping and Subsidizing of Certain Carbon Steel ... - OTTAWA, ONTARIO--(Marketwire - May 14, 2012) - The Canada Border Services Agency (CBSA) announced today that it is initiating investigations into the alleged injurious dumping of certain carbon steel welded pipe from Chinese Taipei, the ...

Source : marketwire-com

United Arab Emirates 5/10/2012

03:17 : Emirates airline profits hit by higher fuel bill - DUBAI, United Arab Emirates (AP) -- Emirates Group, the parent company of the Middle East's biggest airline, said Thursday its annual profit tumbled 61 percent as soaring fuel costs ate into increased sales....

Source : usnews-com

United Arab Emirates 5/7/2012

06:19 : Qatar Telecom's Tunisian unit gets phone licenses - DUBAI, United Arab Emirates (AP) -- Qatar's largest telecommunications provider said Monday its Tunisiana subsidiary has won licenses to operate fixed-line and 3G mobile services in Tunisia, boosting ...

Source : usnews-com

United Arab Emirates 5/3/2012

16:52 : Empire Industries Announces Award of $3.8 million Attraction Contract ... - WINNIPEG, MANITOBA--(Marketwire - May 3, 2012) - Empire Industries Ltd. (TSX VENTURE:EIL) today announced that its Dynamic Attractions business unit has been awarded a contract to design, engineer and manufacture a media based attraction for a theme ...

Source : marketwire-com

United Arab Emirates 5/2/2012

06:38 : IMF still waiting on Egyptian economic plan - DUBAI, United Arab Emirates (AP) -- A senior International Monetary Fund official said Wednesday the fund remains willing to consider a much-needed $3.2 billion aid package for Egypt but is waiting for ...

Source : usnews-com

United Arab Emirates 5/1/2012

06:34 : Etihad Airways takes stake in Aer Lingus - DUBAI, United Arab Emirates (AP) -- Fast-growing Etihad Airways has taken a nearly 3 percent stake of Aer Lingus as part of a strategy to build closer bonds with the Irish carrier, the Abu Dhabi-based airline said ...

Source : usnews-com

04:51 : Dispute Over Island of Abu Musa Unites Iran - President Mahmoud Ahmadinejad is enjoying a surge of support and nationalism in a feud with the United Arab Emirates over Abu Musa, a four-square-mile spit of sand with about 2,000 inhabitants.

Source : iht-com

United Arab Emirates 4/30/2012

04:32 : Egypt predicts tourist return after 2011 drop - DUBAI, United Arab Emirates (AP) -- Egypt's tourism minister says he expects visitor numbers to bounce back to pre-uprising levels this year after travelers stayed away amid Arab Spring unrest....

Source : usnews-com

United Arab Emirates 4/18/2012

07:29 : HSBC to merge Oman business with local lender OIB - DUBAI, United Arab Emirates (AP) -- HSBC Holdings PLC said Wednesday it will combine its Omani division with local lender Oman International Bank in a deal that will give it control of just ...

Source : usnews-com

United Arab Emirates 4/17/2012

07:00 : Standard Chartered (SCBFF.PK) stands poised to close a $100M private equity - Standard Chartered (SCBFF.PK) stands poised to close a $100M private equity deal in the Gulf Arab region before the end of 2012, according to a senior exec. The British bank seeks attractive opportunities in Saudi Arabia, United ...

Source : seekingalpha-com

United Arab Emirates 4/16/2012

11:46 : Qatar fund snaps up hotels on Italy's Sardinia - DUBAI, United Arab Emirates (AP) -- Qatar signed a deal Monday to buy the operator of four luxury resorts and other properties on the island of Sardinia as the wealthy Gulf emirate looks to bolster ties ...

Source : usnews-com

06:49 : Qatar Airways chief criticizes EU emissions law - ABU DHABI, United Arab Emirates (AP) -- The head of fast-growing Gulf carrier Qatar Airways has criticized a new European policy charging airlines for their carbon pollution as an unfair tax aimed at shoring up ...

Source : usnews-com

United Arab Emirates 4/9/2012

10:32 : US Navy deploys 2nd aircraft carrier to Gulf - (04-09) 07:51 PDT DUBAI, United Arab Emirates (AP) -- The U.S. Navy said Monday it has deployed a second aircraft carrier to the Persian Gulf region amid rising tensions with Iran over its disputed nuclear ...

Source : sfgate-com

United Arab Emirates 3/31/2012

10:20 : U.A.E. Closes Down U.S.-Financed Democracy Group - On the eve of a meeting with Secretary of State Hillary Rodham Clinton, the United Arab Emirates announced that it had shut down an organization that promotes democracy, officials said.

Source : iht-com

United Arab Emirates 3/29/2012

10:45 : HSBC buys key Lloyds banking units in UAE - DUBAI (Reuters) - HSBC , Europe's largest bank, is buying the onshore retail, corporate and commercial banking business of Lloyds Banking Group in the United Arab Emirates, to strengthen ...

Source : reuters-com

09:14 : HSBC Buys Several Lloyds Banking Assets In UAE - HSBC Holdings PLC (HBC) said Thursday that it had agreed to buy Lloyds Banking Group PLC's (LYG) retail and commercial businesses in the United Arab Emirates, as Europe's largest bank looks to reinforce ...

Source : foxbusiness-com

08:21 : HSBC confirms will buy Lloyds' UAE retail bank arms - HSBC , Europe's biggest bank, said it would buy the onshore United Arab Emirates retail and commercial banking business of rival Lloyds , helping HSBC further strengthen its presence in the ...

Source : ibtimes-com

05:39 : Real Madrid-themed UAE hotel seeks investors - RAS AL-KHAIMAH, United Arab Emirates (AP) -- The chairman of a proposed island theme resort hotel using the brand of the Real Madrid football team says the development is still working to line up investors for the project in ...

Source : usnews-com

01:02 : Dubai port firm DP World profit rises 18 percent - DUBAI, United Arab Emirates (AP) -- Dubai-based port operator DP World says its profit rose 18 percent last year as cargo volumes increased through its network of terminals....

Source : usnews-com

United Arab Emirates 3/26/2012

08:34 : Abu Dhabi fund buys 5.6 percent of Brazil's EBX - DUBAI, United Arab Emirates (AP) -- The Abu Dhabi state investment firm Mubadala Development Company is pumping $2 billion into Brazilian conglomerate EBX Group as it looks to tap into the fast-growing South American ...

Source : usnews-com

United Arab Emirates 3/25/2012

10:52 : Kuwait names new central bank governor - DUBAI, United Arab Emirates (AP) -- Kuwait is promoting the central bank's deputy governor to the institution's top spot following the resignation of its long-serving leader last month....

Source : usnews-com

United Arab Emirates 3/19/2012

06:22 : Arcapita files for bankruptcy protection in US - DUBAI, United Arab Emirates (AP) -- Bahraini investment firm Arcapita Bank says it has filed for bankruptcy protection in the United States in an effort to reorganize the company....

Source : usnews-com

United Arab Emirates 3/15/2012

06:00 : Hochtief Gets Orders Worth Over EUR1.1 Billion in US, Australia, UAE - German construction company Hochtief (HOT.XE) Thursday said its units have received orders worth over a total of EUR1.1 billion in the U.S., Australia and the United Arab Emirates.

Source : foxbusiness-com

United Arab Emirates 3/12/2012

13:25 : Software maker SAP plans big Middle East push - DUBAI, United Arab Emirates (AP) -- Business software maker SAP AG laid out plans Monday to spend an additional $450 million across the Middle East and North Africa over four years, hoping to tap into growth in ...

Source : usnews-com

06:18 : Dubai owner mulls sale of New York's Essex House - DUBAI, United Arab Emirates (AP) -- The Dubai owner of Jumeirah Essex House, the art deco hotel perched prominently on the edge of New York's Central Park, said Monday it is putting the property up for ...

Source : usnews-com

United Arab Emirates 3/11/2012

13:53 : Oversupply suspends new hotel licences in Abu Dhabi - ABU Dhabi will not issue new hotel licenses in the capital of the United Arab Emirates until further notice due to oversupply, a local newspaper reported yesterday, citing a tourism official. However, none of the already...

Source : shanghaidaily-com

United Arab Emirates 3/8/2012

08:51 : UAE health care firm plans London stock listing - DUBAI, United Arab Emirates (AP) -- NMC Health PLC, a health care company in the United Arab Emirates, laid out plans Thursday to list its shares in London rather than at home as it seeks ...

Source : usnews-com

United Arab Emirates 3/5/2012

14:15 : South Korea Paying $20B for Persian Gulf Oil Fields - South Korea, which has been under U.S. pressure to diversify away from Iranian crude oil, won the right to explore for oil in three undeveloped fields off the United Arab Emirates coast.

Source : ibtimes-com