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HuaweiDUBAI — Taking advantage of the depressed UAE property markets at this time of recession might prove to be a good idea, as it will be compounded by lower global interest rates, to counter the crisis, say industry experts.
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DUBAI — The United Arab Emirates’ steel trade has suffered an estimated loss of up to Dh3 billion as prices went on a tailspin from Dh6,000 to Dh1,800 per tonne over the past few weeks, market sources said.
DUBAI — Bigger participation of French companies at the INDEX 2008 as compared to last year shows that the UAE-France bilateral trade relations will strengthen further.
ABU DHABI — Dubai is facing severe shortage for office spaces as completion delays particularly in Business Bay, which was scheduled to deliver 1.9 million square metres of office space by the fourth quarter of 2010, versus an actual completion estimate of 435,000 square metres over the same period.
DUBAI — Airline share prices worldwide are getting a beating as the global economic downturn is taking a turn for the worse, said the International Air Transport Association (IATA).
DUBAI — TPS Arabia, a subsidiary of Miami based, TPS International has capitalised the authentic personal branding market in the UAE, despite the global financial crunch.
NEW YORK - Starbucks Corp said on Thursday it would take new steps to save on costs and keep its fundamental strategy unchanged despite a U.S. recession, sending the coffee shop operator’s shares up 8 percent.
DUBAI — Nakheel Properties is not in discussions over the sale of company and has no immediate plans to cut more jobs, the chief executive told Reuters on Wednesday.
DUBAI — Dubai house prices will start to fall in the fourth quarter, ending a housing boom that pushed prices up by 43 per cent in the first three months of the year, Colliers International said.
DUBAI — The constitutional amendments approved by the Federal Supreme Council will help enhance transparency and accountability, according to business leaders.