Last updated: 00:13 (GMT+04) Sunday, May 11, 2008.  

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General

WAM

Khalifa says UAE should be on par with the West

President His Highness Shaikh Khalifa Bin Zayed Al Nahyan yesterday viewed the models of the development project of Sowwah Island in the presence of General Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed forces.

Economy

Abu Dhabi's GDP likely to touch $300b by 2025

Abu Dhabi's gross domestic product (GDP) is projected to triple to $300 billion (Dh1 trillion) by 2025 from an estimated $105 billion this year, according to a report by the Department of Planning and Economy (DPE).

Insurance

Dubai Group launches world's largest reinsurance company

Dubai Group, the diversified financial services company of Dubai Holding, on Saturday announced the launch of ACR ReTakaful Holdings, the world's largest Islamic reinsurance company with a paid-up capital of Dh1 billion.

Investment

EIIC to invest Dh1.8 billion to set up six new cable factories globally

Emirates International Investment Company (EIIC) said on Saturday that it plans to build six high-tech factories in the UAE, Saudi Arabia, Algeria, Romania and Vietnam, worth Dh1.8 billion.

Trade

Pakistan's trade gap widens to $2.29b

Pakistan's trade deficit wid-ened to $2.29 billion in April, compared with $1.1 billion in April last year, Statistic Bureau said on Saturday.

Real Estate Property

TDIC enters Abu Dhabi's residential property sector

Tourism Development and Investment Company (TDIC) has entered Abu Dhabi's residential real estate business with the opening of expressions of interest for the first phase of Saadiyat Beach Residences.

General

Survey rates Dubai programme high

BSI study says excellence scheme helps to improve organisational performance of entities.

comment & analysis

Columns/Business

Causeway to benefit both Qatar and Bahrain

Qatar and Bahrain are racing against time to integrate their economies.

Columns/Business

Winning awards benefits start-ups

Competitions offer new businesses much more than public recognition of their achievements.

 
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LATEST STORIES FROM Business

Business
UAE's IT market grows 10.1% to touch Dh7.4b

AVIATION

China to set up $2.7b plane-making company

COMMENT AND ANALYSIS

Causeway to benefit both Qatar and Bahrain
Winning awards benefits start-ups

COMMODITIES

Record grain crops likely this year
Fake products 'are bane of watch industry globally'
DMCC adopts new model for business park plan
ICE opposes plan to tighten US energy trading regulation

DEVELOPMENT

Bonyan unveils Eye of Ajman mixed-use project

ECONOMY

Abu Dhabi's GDP likely to touch $300b by 2025
Germany says sovereign wealth funds are welcome

GENERAL

Khalifa says UAE should be on par with the West
Survey rates Dubai programme high

INSURANCE

Al Khazna says it has acquired 15% stake in Saudi Sanad
Oman to set up first reinsurance company

INVESTMENT

Al Arabi fund returns 22% after second partial exit

MARKETS

'Big and niche' boutique funds
Sensex will feel heat of oil prices
Markets cannot afford to ignore agriculture
Gulf credit markets consolidate in the wake of recent bull run
Euro declines as economy shows signs of slowdown
Foreigners buy $105m worth of Dubai shares

OIL & GAS

China and Venezuela form venture to feed refinery
Hot money fuel rally in prices of crude futures
Shell pulls out of Iran gas deal under US pressure

REAL ESTATE PROPERTY

TDIC enters Abu Dhabi's residential property sector
DREI eyes tie-up with UK surveyor body
Tamweel to provide 80% finance for Al Tamimi towers

TECHNOLOGY

Satyam reports Dh102.76m revenues from Middle East

TOURISM & TRAVEL

ATM records 15% rise in footfall

TRADE

Pakistan's trade gap widens to $2.29b
WTO farm talks to have a revised negotiating text

MORE STORIES FROM Business

INSURANCE

Dubai Group launches reinsurance arm

Al Khazna Insurance buys 15% of Saudi Arabia's Sanad

INTERNET

Gadgets pose increasing threat to internet's future

INVESTMENT

EIIC to set up six new cable factories

TECHNOLOGY

Samsung to overtake Nokia by 2010

I've got a virus on my mobile phone!

Microsoft and Hyundai partner for in-car technology

Intel's expansion plans will make it 'more acquisitive'

Sony keeps battle simple with Xbox

Google to launch new products for YouTube service

Dubai to be home to smart tech

UAE's IT market grows 10.1% to touch Dh7.4b

Web 2.0 is present tense, not future

Productivity scores points

Leading chipmakers to team up

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