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Dubai Business News
 ArabianBusiness.com | Fitch upbeat on Dubai Holding unit after $500m payment ArabianBusiness.com DHCOG, which owns the Jumeirah hotel chain and other investments, including a division that runs many of Dubai's free-trade zone business parks, announced on Wednesday the full repayment of the bond which was due on February 1. Rating agencies raise Dubai Holding ratings Dubai ruler's firm that runs Jumeirah hotel chain vows to repay $500 million ... Dubai Ruler's Firm Vows to Repay $500M in Debt |
 gulfnews.com | UAE job market expands in 2011 as economy grows gulfnews.com The report revealed that companies including multinationals and leading local companies have expressed confidence that 2012 will see accelerated business activity and with this greater hiring in the UAE and the wider region. The he report shows 93 per ... UAE economy set to grow 4% UAE job prospects 2012 |
 AME Info | Exchange houses in Dubai registers surge in business this year's Dubai ... AME Info Exchange houses in Dubai have registered a surge in business in the wake of a huge influx of tourists from the GCC region and from around the world for this year's Dubai Shopping Festival. Tourists have been flocking to exchange dealers to take ... DSF 2012: What's in store for this weekend |
 Telegraph.co.uk | UAE can export oil if Iran closes Hormuz gulfnews.com A strategic pipeline for UAE's oil exports to bypass the Strait of Hormuz could face more delay due to differences with the Chinese construction company, industry sources said. The pipeline will have a capacity of around 1.5 million barrels per day ... U.A.E. Can Export Oil If Iran Closes Strait, Official Says Ordinary Iranians bear the brunt of international sanctions Danger zone then and now: Strait of Hormuz |
 gulfnews.com | Inheritance laws in UAE remain unclear gulfnews.com "Offshore companies — or potentially a corporate trustee — can, therefore, be used to own shares of a Jebel Ali offshore company owning the property, thus taking it outside the scope of the UAE inheritance legislation." As it is, few homeowners and ... |
 The National | Dubai to Pay Debts in 2012 Without Abu Dhabi Aid, National Says Bloomberg Dubai will meet its schedule of repaying $14 billion in debt this year “without a doubt,†The National reported, citing the chief executive of state-owned holding company Investment Corp. of Dubai. A deal with creditors for Dubai World unit Drydocks ... Dubai 'will hit targets' over debt repayments |
 Telegraph.co.uk | Dubai port operator DP World sells stake in UK's Tilbury terminal for $75.5 ... Washington Post DUBAI, United Arab Emirates — Dubai port operator DP World says it has sold its 34 percent stake in Britain's Tilbury Container Services for $75.5 million. The world's third-largest seaport company said Thursday that it sold the stake to a subsidiary ... DP World sells stake in UK container service firm DP World's focus shifts in UK with $75m sale of stake Forth Ports Takes Control of London Tilbury Terminal |
Further laws needed to attract investment gulfnews.com While there is some indication that the cases commenced before Nakheel became a government-owned company, new claims may have to be brought before the Dubai courts. Further confusion is lent to this by the recent enactment of a law in Dubai to broaden ... How effective is the decision by the Dubai International Financial Centre to ... |
 Zawya | ADCB returns to profit after sale of stake gulfnews.com By Babu Das Augustine, Deputy Business Editor Dubai: Abu Dhabi Commercial Bank (ADCB) made a powerful comeback yesterday as it reported strong profit growth and substantial reduction in loan and investment impairments. The bank reported Dh3 billion net ... Abu Dhabi Commercial Bank readies for a payout ADCB Rallies After 2011 Profit Beats Estimates: Abu Dhabi Mover Abu Dhabi Commercial Bank reports full year 2011 record net profit of AED 3045m |
 Invest In India | Indian tycoons put Dubai in Billionaires list Invest In India Superrich business tycoons from India has strengthen Dubai's position as the city with the most billionaires in the Middle East, according to a latest index that ranks Mumbai fifth largest hub of billionaires. The emirate is now home to the highest ... |
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