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Dubai targets lifestyle diseases (DUBAI)
Wednesday 17 December 2008
by Dubai
Lifestyle-related conditions such as cardiovascular diseases, cancer and diabetes are being targeted under a new approach to healthcare in Dubai, says a report.
Other priorities are providing facilities and services to accident and trauma victims and to children with genetic disorders and (...) > continue
Government support and demand to help realty growth in UAE (UAE)
Monday 8 December 2008
by Dubai
Strong government support and healthy end-user demand for real estate in the UAE will help maintain a positive long-term growth for the sector, according to a report.
"Real estate sector fundamentals remain strong even discounting near-term weakness," says Abu Dhabi Commercial Bank (ADCB) in a (...) > continue
Four Kuwait banks reviewed for possible rating downgrade (KUWAIT)
Monday 8 December 2008
by Dubai
International ratings agency Moody’s Investors Service has placed on review for possible downgrade the long-term deposit rating and bank financial strength rating (BFSR) of four Kuwaiti banks due to their exposure to property sector.
The banks are National Bank of Kuwait at Aa2/B-, Commercial (...) > continue
Dubai awards Dh4.9bn Concourse 3 contract (DUBAI)
Monday 8 December 2008
by Dubai
The Al Habtoor–Murray & Roberts–Takenaka (HMRT) Joint Venture has been awarded a Dh4.9 billion contract to construct Dubai Airport’s new Concourse 3 for Dubai’s Department of Civil Aviation (DCA).
Concourse 3 will be connected to the two major public levels of Terminal 3 via an automated (...) > continue
Strong economy boosts Qatari population (QATAR)
Sunday 7 December 2008
by Dubai
A massive influx of foreign workers triggered by unprecedented economic performance boosted Qatar’s population by more than half a million in just four years to record one of the world’s highest growth rates.
Official figures showed the population of the world’s third-largest gas producer leaped (...) > continue
Saudi banks start feeling tremors of global meltdown (SAUDI ARABIA (KSA))
Sunday 7 December 2008
by Dubai
Saudi Arabia’s banking sector, one of the largest in the Middle East, has started to feel the pinch of the global financial crisis with a decline in its performance in the third quarter for the first time in 2008.
After surging by 29.1 and 8.3 per cent in the second and first quarters of this (...) > continue
Wealth reserves to shield UAE from global credit crisis (UAE)
Sunday 7 December 2008
by Dubai
The UAE has accumulated huge wealth during the recent record surge in oil prices which would shield it from the ongoing financial crisis.
A report released by Abu Dhabi Commercial Bank said the severity of crisis in UAE is far less than in the West.
It said the UAE will continue to record (...) > continue
Ajman plans Rera-like body (AJMAN)
Sunday 7 December 2008
by Dubai
The Ajman Government will establish a real estate regulatory body, which will be similar to Dubai’s Real Estate Regulatory Authority (Rera), in the first quarter of 2009 to streamline the sector in the emirate, a top government official said.
"The new real estate regulatory body will be similar (...) > continue
Supercontrat pour Airbus aux Emirats Arabes Unis (UAE)
Sunday 7 December 2008
by Dubai
Etihad, compagnie aérienne d’Abou Dhabi (émirats Arabes Unis), a confirmé hier une commande de dix milliards de dollars à Airbus. Une commande majuscule rapportée au chiffre d’affaires annuel de l’avionneur basé à Toulouse : de l’ordre de 36 milliards de dollars.
Ce mégacontrat vient en fait confirmer (...) > continue
Abu Dhabi convoite le contrôle d’Emirates (ABU DHABI)
Saturday 6 December 2008
by Dubai
Abu Dhabi veut bien venir à la rescousse de son voisin Dubaï, mais pas sans conditions.
Alors que la crise de l’immobilier à Dubaï nécessite un afflux d’argent frais, le riche Abu Dhabi, grâce à ses importantes réserves pétrolières, pourrait lui venir en aide. Mais au lieu de lui accorder des fonds, (...) > continue
