Highlights
A collection of news and information related to Abu Dhabi (United Arab Emirates) published by this site and its partners.
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Dubai rallies to 4-year high
Khaleej TimesDubai's benchmark stock index rose to its highest close since October 2009, propelled by property and banking sectors to underscore the resounding resurgence in investor optimism. The DFM General Index advanced 2.5 per cent to 2,352.21 points on...Tags: Doha (Qatar), Energy Saving, Environmental Issues, Financing and Stock Offerings, Marketing
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AME Info, Abu Dhabi, United Arab Emirates, banking briefs
AME InfoNBK'S EGYPTIAN SUBSIDIARY POSTS 15.3 percent RISE IN PROFITS: National Bank of Kuwait Group (NBK) has said its Al Watany Bank of Egypt (AWB) subsidiary has posted a 15.3 percent rise in first-quarter net profits to EGP86.6m, compared with EGP75.1m a...Tags: Bonds, Lebanon, Google Inc., Morgan Stanley Dean Witter & Company, Oman
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AME Info, Abu Dhabi, United Arab Emirates, media and advertising briefs
AME InfoGOOGLE TRANSLATE PROVIDES 1BN TRANSLATIONS DAILY: Google has said its online translation service provides one billion translations a day for 200 million users, Cnet has reported. Speaking at the Google I/O show for developers, Josh Estelle, leader for...Tags: Google Inc., ONTV Incorporated, Science and Technology, Television Networks, Milan (Italy)
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AME Info, Abu Dhabi, United Arab Emirates, finance and economy briefs
AME InfoQATAR ELECTRICITY AND WATER RISES, LAUNCHES POWER INVESTMENT FIRM: The Doha-based Qatar Exchange 20 Index rose 0.61 percent to close at 9,064.31 points on Monday. Qatar Electricity and Water Company (QEWC) added 0.70 percent, finishing at QR144.50....Tags: Quarterly or Semiannual Financial Statements, Oman, Water Supply, Dubai (United Arab Emirates), International Monetary Fund
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AME Info, Abu Dhabi, United Arab Emirates, energy, oil and gas briefs
AME InfoSEMBCORP OPENS $1BN SALALAH IWPP: Sembcorp Industries (Sembcorp) has announced the official opening of its $1bn Salalah Independent Water and Power Plant (Salalah IWPP) in Oman. The facility comprises a gas-fired power plant with a total gross capacity of...Tags: Initial Public Offerings, Energy Resources, Companies and Corporations, Oman, Financing and Stock Offerings
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AME Info, Abu Dhabi, United Arab Emirates, tourism and hospitality briefs
AME InfoKERZNER TO DEVELOP KSA'S FIRST ONE&ONLY RESORT: Saudi developer and owner of luxury hotels Al Khozama Management Co, in partnership with Saudi Oger, has signed an agreement with Kerzner International Holdings to develop and operate the first One&Only...Tags: United Nations, Amusement and Theme Parks, Travel, Dubai (United Arab Emirates), United Arab Emirates
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AME Info, Abu Dhabi, United Arab Emirates, retail briefs
AME InfoTESCO'S F&F TO WORK WITH AL FUTTAIM, AL HOKAIR ON MIDEAST EXPANSION: The clothing brand sold by Britain's biggest retailer Tesco has said it would extend its existing agreement with franchise operator Al Hokair, and would also work with new partner Dubai-...Tags: Consumer Confidence, Arts and Culture, Dubai (United Arab Emirates), Marketing, United Arab Emirates
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AME Info, Abu Dhabi, United Arab Emirates, executive motoring briefs
AME InfoNISSAN MIDEAST TO RECALL NISSAN, INFINITY VEHICLES IN UAE: The UAE economy ministry has said several 2013 models of Nissan's Pathfinder and Infinity's JX are to be recalled due to a faulty brake torque member, Emirates 24-7 has reported. The decision...Tags: Google Inc., Sergio Marchionne, Oman, Medical Procedures and Tests, Forrester Research Incorporated
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Gulf wealth funds raising private equity investments: study
ReutersDUBAI (Reuters) - Sovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco says in a new study. "Contrary to popular...Tags: Economy, Business and Finance, Finance, Kuwait, Citigroup Incorporated, Private Equity
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Dubai Launches Cinematic Innovation Summit
VarietyThe Dubai Intl. Film Festival is launching a Cinematic Innovation Summit in tandem with its 10th edition, with Pixar co-founder Alvy Ray Smith, Lava Bear Films topper David Linde and Avatar thesp Stephen Lang among those expected to attend. The event,...Tags: Festive Events, Arts and Culture, Pixar Animation, Saudi Arabia, Dubai (United Arab Emirates)
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Etihad acquires 3 airport firms
Khaleej TimesEtihad Airways has acquired three airport services companies to accelerate and consolidate the development of in-flight catering services, ground handling and cargo operations at Abu Dhabi International Airport. The acquisition will provide...Tags: Economy, Business and Finance, Transportation, Air Transportation Industry, Air Transportation, Corporate Officers
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Dubai laborers stage rare strike for more pay
ReutersDUBAI (Reuters) - Thousands of workers employed by Dubai's largest construction firm, Arabtec, stayed away from work on Sunday to back wage demands, a rare labor protest in the Gulf emirate, where trade unions are banned, staff said. Most blue collar...Tags: Pakistan, Labor Legislation, France, Strikes, Collective Contract
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May 19, 2013
|Story| Reuters
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