Nestle Closes to Pfizer’s Deal at $10bln
Nestle is reportedly closing in on a deal to buy Pfizer's infant nutrition business, a win that would give it a…
Dubai Ranks the 2nd Most Attracting City for International Retailers
Dubai Chamber of Commerce and Industry hosted a launch press conference organised by CB Richard Ellis (CBRE)…
Aldar Signs Revolving Credit Facility of Dh4b with NBAD
Aldar Properties, Abu Dhabi's largest property developer by market capitalization, said Tuesday it had signed a Dh4…
Google’s Page Describes Android as “Important but not Critical”
The Android Smartphone operating system is a very important asset for Google, but it is not critical, Google's…
Experts: Investing in Public Infrastructure is Very Vital During Economic Downturn
In light of the Arab Spring and seismic shifts in availability of global finance, Middle East governments are…
UAE Noor Islamic Bank’s AlQemzi Urges Banks To Cooperate
Greater cooperation, rather than competition, between the Middle East's Islamic financial institutions is necessary…
Wheat Reserves Reach 1.103 Mln Tons in Alex Harbor
The wheat reserves reached 1.103.632 million tons in Alexandria harbor. The regulatory authorities took all the…
Toshiba Pays $850m for IBM’s Retail Products Unit
Japanese electronics giant Toshiba said Tuesday it would pay about $850 million for IBM's retail products unit,…
Silicon Oasis’s Net Profit Increases by 134%
Dubai Silicon Oasis (DSO) said it has recorded 134 % jump in net profits reaching Dh131 million in…
Ikea Announces Presenting Furniture with Integrated Electronics
The world's biggest furniture maker, Ikea has announced plans to launch a line of furniture with integrated…