UAE Non-Oil Growth Subdued At 3-4%
Non-oil growth in the UAE is likely to continue at a below-trend pace of 3-4 percent for the next couple of years,…
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GCC
Gulf Investors Buoy UAE Real Estate Sector In 2011
The GCC investors have shown increasing interest in the various economic sectors of the UAE, the second biggest…
Bahrain Bourse To Install LED Ticker
Bahrain Bourse (BHB) has announced plans to install an outdoor LED ticker on its building's facade which will…
CBD Launches First Dual-Currency Prepaid Card In GCC
Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has become the first bank to issue the CBD…
GIB Net Profit At $58m In H1
Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of $58.0 million for the six months…
GCC To Invest $100b In Five Years To Combat Water Shortage
GCC governments have earmarked more than $100 billion in their water sectors between 2011 and 2016 to improve…
Gulf Bond Issuance Activity To Remain Fairly Robust
Gulf region’s issuance activity is likely to remain fairly robust in the coming quarters, partly because of…
Dubai On Strong Economic Footing: Merrill Lynch
Dubai’s diversification model has right mix to re-accelerate growth, said Bank of America Merrill Lynch in a report…
Etisalat begins mobile SIM card registration at its Business Centers and Outlets
Etisalathas started SIM card registrations for its customers on 17 July(Tuesday) in line with ‘My Number, My…
Middle East Paper Industry Meets 50% Of Local Demand
The Middle East’s approximately $10 billion paper industry, one of the fastest growing in the world, today meets…