Top UAE News

Panel Planned For Code Of Conduct For Realty Brokers

A brokers' association that will establish a code of conduct for its members is to be set up by Dubai's Real Estate Regulatory Agency (Rera), CEO Marwan bin Ghalita has revealed. Emirates Business 24/7 - 16Oct 06:26GMT
Emaar-IGO makes progress in $500m Eighth Gate project

Emaar-IGO, a venture between Emaar Syria and IGO, is making rapid progress on the $500 million (Dh1.83bn) Eighth Gate, the master-planned community near Damascus. Emirates Business 24/7 - 16Oct 06:35GMT
EBS secures Dh50m contract

Emirates Building Systems (EBS), a regional player in the construction of high-rise steel buildings, has secured a Dh50 million contract for the construction of Kuwait World Trade Center, located in the heart of Kuwait City. Emirates Business 24/7 - 16Oct 06:32GMT
Mivan Depa wins three contracts worth Dh82bn

Depa Limited, the world's largest provider of interior contracting services, announced that its joint venture, Mivan Depa, has recently won three contracts totalling Dh82 million. Emirates Business 24/7 - 16Oct 06:31GMT
Diesel prices to drop by 70 fils per gallon

The price of diesel is to be cut by 70 fils per gallon by Enoc and Eppco on October 20. It will be the ninth reduction since July and will bring the price down to Dh14.55 from the current Dh15.25, said an Enoc spokesman. Emirates Business 24/7 - 16Oct 06:30GMT
Work Unlikely to Start on Metro Blue Line in Near Future

The 'future' of the Blue Line of the Dubai Metro will solely depend on the progress of developments at the Emirates Road, a senior official of the Roads and Transport Authority (RTA) said. Khaleej Times - 16Oct 06:28GMT
Dubai Sports City to house Soccer Tower

Infinity Emirates Investments, Dubai-based real estate developer, will launch a 25-storey Soccer Tower in Dubai Sports City. Emirates Business 24/7 - 16Oct 06:27GMT
Nakheel, Gowealthy unveil Jash Hamad payment plan

Nakheel, the developer of Jash Hamad, and Gowealthy. com, real estate portal, have jointly launched a deferred payment plan for the residential cluster on the trunk of The Palm Jumeirah. Emirates Business 24/7 - 16Oct 06:22GMT
Dubai Internet City identifies IT opportunities for small firms

The region's first-ever white paper study on the IT sector has identified specific market opportunities for small and medium businesses (SMBs). Emirates Business 24/7 - 16Oct 06:21GMT
Credit crisis not to affect Gitex

The global economic crisis will not affect this year's Gitex Technology Week, which is to be held between 19 and 23 of this month at the Dubai International Convention and Exhibition Centre, according to the organisers. Emirates Business 24/7 - 16Oct 06:20GMT

The Toolbox

Research

Islamic Arab Insurance Company
Abu Dhabi Commercial Bank - Oct 2008

ADCB issues a HOLD recommendation on the Islamic Arab Insurance Company with a target price of AED 1.72, representing a 6.8% upside potential to the current market price of AED 1.61. The company is expected to achieve FY08 net profit of AED 52.1 million, compared to AED 154.8 million for FY07. The stock is trading at a PE of 34.5x for FY08E.

» Read Report

» Quote | Profile | News | Financials | Charts

Video

FH Chairman Comments On The Company's Record Q3 Profit

Arabic language (2:39)
Mohammed Al Qubaisi says investment's revenues increase boosted profit of the Co - 15Oct

» Watch Video | More Videos

Radio

Pumping Liquidity In UAE

Abdulkadir Hussain, CEO of Mashreq Capital, talks about the extra AED70 billion to be added to the banking system in the UAE. The amount now allocated is AED120 billion.
Dubai Eye - 15 Oct 2008

» Listen To Interview Audio

» More Radio Podcasts

Companies

The Sky's the Limit

When it entered Turkey, Oger Telecom found one of the most promising sources of wealth a telecom could hope for. With Turk Telecom, the world’s 13th largest fixed-line operator (2005), in its corner, Oger increased its fixed-line and mobile subscribers from 19 million to 28 million in just under three years.

» Profile | Officers | News

Community Buzz

Stories in UAE

Most read stories by Community in the last 24 hrs

1	Liquidity squeeze causing panic and confusion in property market
2	World's first fully rotating building begins in Dubai
3	UAE Banks Face Dh500 Billion Fund Shortage
4	Gulf Countries Unveil Measures To Back Banks
5	Cityscape Deals Fail To Match Investor Interest
6	Dubai Property Mkt To Slow But Avoid Collapse
7	Top 10 GCC projects in bidding valued at $64bn
8	Financial Crisis Could Affect Gulf Investments In US
9	Abraaj Capital To Buy Stake In Pakistan's KESC
10	Vmware shines with Virtualization Innovations at GITEX 2008

Companies in UAE

Most viewed companies by Community in the last 24 hrs

Company Name	Country	Industry
Abu Dhabi Investment Council	UAE	Investment Firms and Funds
Nakheel	UAE	Landlords and Developers
Al Hilal Bank	UAE	Banking
Dubai Chamber of Commerce and Industry	UAE	Associations
Emaar Properties	UAE	Landlords and Developers
Emirates International Investment Company	UAE	Investment Firms and Funds
Deyaar Development Company	UAE	Landlords and Developers
TECOM Investments	UAE	Landlords and Developers
Abu Dhabi Investment Company	UAE	Investment Firms and Funds
Mubadala Development Company	UAE	Investment Firms and Funds

Projects

Most viewed projects by Community in the last 24 hrs

Project Name	Country	Sector
Dubai RTA - Dubai Metro - Purple Line	UAE	Infrastructure
Qatar Foundation - Sidra Hospital	Qatar	Real Estate
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP)	UAE	Oil and Gas
Nakheel - Dubai Waterfront	UAE	Real Estate
KNPC - Al Zour Refinery	Kuwait	Oil and Gas
Nakheel - Dubai Waterfront - Veneto	UAE	Real Estate
Emirates Aluminium (EMAL) - Smelter Complex	UAE	Industry
ADCO - SAS Field Development	UAE	Oil and Gas
Khalifa Port and Industrial Zone (KPIZ)	UAE	Infrastructure
Takreer - Ruwais Refinery Expansion	UAE	Oil and Gas

Blogs

Â I went to the dentist a few days ago for the first time in several years.Â Part of the reason I put off going for so long was that I didnâ€™t really want to hear the bad news.Â I thought, if Iâ€™m not experiencing any tooth ache, there canâ€™t be anything wrong. It turned out I had 10 cavities that need filling and a possible root canal. Although to look...

This Arab Life

blog by Alexandra Tohme | 15Oct08

Most read blogs by Community in the last 24 hrs

1	A SWOT Analysis On Real Estate
2	Do GCC Countries Finance US Current Account Deficit?
3	The Myth of Islamic Finance
4	Lessons Learned from the Current Crisis
5	A rich man learns Dubai is not the place to commit a crime

Media
Spend, Spend, Spend
Joseph Ghossoub, President and CEO of The Holding Group says UAE's advertising spend had grown 25%in the first three quarters to outpace the regional average growth of 19%.

Prosperity Index
The UAE has been rated the best country in the Arab World in promoting prosperity and general satisfaction with life in a global survey of 104 states.

Economy & Politics
Renew Confidence
The Gulf countries are well positioned to navigate the storm and secure a soft landing, says Henry T. Azzam, CEO, Middle East and North Africa, Deutsche Bank.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Emirates Telecommunications Corporation	UAE	26,158
2	Emaar Properties	UAE	11,252
3	Emirates NBD	UAE	10,920
4	Mashreq	UAE	10,759
5	DP World	UAE	9,960
» View Full List

Related Information

EIU Forecast For UAE

Loading ...