City Seasons Group of Hotels unveils newly refurbished rooms in the capital

March 11, 2010

City Seasons Group of Hotels has recently unveiled a total of 120 stylish rooms and 60 luxurious suites in Abu Dhabi as part of the group’s extensive expansion and refurbishment plans.

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Tadawul climbs 0.55%

March 11, 2010

Saudi Arabia’s Tadawul All Share Index (Tasi) rose 0.55% to 6,565, with 71 stocks rising and 41 falling. All sectors ended higher save Insurance, Real Estate Development, and Transport. Alinma Bank, the day’s most active stock by value and by volume, climbed 0.78% to SR12.85, while fellow market leader Kingdom Holding gained 2.06% to SR9.75.

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Outlook for oil and gas sector remains positive for 2010

March 11, 2010

Energy market sentiment remains relatively positive amid rising economic expectations, according to the latest quarterly market outlook from Ernst & Young’s Global Oil & Gas Center.

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UAE Ministry of Economy follows-up cooperation with UK on small and medium enterprises

March 11, 2010

His Excellency Mohammed Ahmed Bin Abdul Aziz Al Shihhi, Director General, UAE Ministry of Economy, has emphasized the importance of adequate follow up through official meetings and business delegations to achieve the objectives of the UAE- UK joint economic committee meeting held in London recently.

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Gulf Technical Construction awarded two contracts worth Dhs484m

March 11, 2010

Gulf Technical Construction Company (GTCC) Dubai, a subsidiary of Drake and Scull Construction (DSC), a newly formed company under Drake and Scull International PJSC (DSI), has been awarded two contracts valued at Dhs484m by Damac Properties in Dubai.

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C3 Card and Delma Exchange sign strategic partnership

March 11, 2010

Delma Exchange clients will enjoy using C3 Card payroll benefits, the first authorised agent to go live with the Ministry of Labour’s Wages Protection System (WPS), for paying their labours salaries, in accordance with the strategic agreement recently signed between the two companies.

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Atlas Media Communications partners with NewspaperDirect for newspaper print-on-demand in the UAE and GCC

March 11, 2010

NewspaperDirect Inc., the world leader in multi-channel newspaper and magazine content distribution and monetization, announced that it has partnered with Atlas Media Communications in Dubai to provide NewspaperDirect’s publishing partners with high-quality newspaper printing and distribution services, with volume flexibility, throughout the United Arab Emirates.

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Etisalat leads the way for a digitally connected future; partners Broadband Global Summit 2010

March 11, 2010

As the Strategic Operator Partner, Etisalat participated in the Broadband Global Summit 2010, one of the region’s most important assemblies on broadband technologies, held 8-10 March 2010 at the One & Only Royal Mirage Hotel.

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Abu Dhabi Airport is ‘Best Improved’ in Middle East – ASQ Award

March 11, 2010

Abu Dhabi International Airport has been ranked top in eight customer service categories in the recent Airports Council International (ACI) ASQ results for the Middle East Region – a key benchmark for customer service in the global airports’ industry.

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Moody’s reviews Qtel’s A1 rating for possible downgrade

March 11, 2010

Moody’s Investors Service today placed the A1 long term ratings for Qatar Telecom Q.S.C.(”Qtel”), the A1 rating for Qtel International Finance Limited and A1-rated bonds issued under Qtel’s GMTN programme under review for possible downgrade. This follows today’s change in outlook to negative from stable of the Ba1 Corporate Family Rating for PT Indosat Tbk [...]

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