ABU DHABI — Oryx Holdings, a Qatari based diversified group and Six Flags, Inc., one of the largest, most widely recognised theme park operators in the world, will create a Six Flags branded theme park within the Qatar Entertainment City (QEC), a mixed use development in Lusail to be opened by mid-2012.
TOKYO — The United Arab Emirates will hold talks with the Japanese government and reactor makers such as Hitachi Inc. and Toshiba Corp. this month as it seeks Japan’s help to develop nuclear power plants.
DUBAI — Brother Group, a global leader in the development and manufacturing of printing, communication and digital imaging products for homes, small office/home offices and enterprises, announced that it has posted Dh5.162 billion in global revenues for the second quarter of FY 2009.
DUBAI — Gulf oil exporting countries are well-placed to weather a downturn in the global economy despite a nearly $100 a barrel drop in oil prices from record highs this summer, says a research report of the Institute of International Finance (IIF).
DUBAI — Bahrain-based Investcorp became the first bank in the kingdom to announce staff cuts in the wake of the global downturn.
DUBAI — Emirates Bank, one of the largest banking group in the UAE Banking Sector, is offering its credit cardholders a Double Rewards promotion and also to double their meMILES, Dnata or NBD cashbacks during the festive season.