Dubai markets rebound from depths of downturn

Local market fell at double the rate of others in GCC since March 2009, but it's rising again as investors come back

Arab states urged to open up bourses

Beirut: Arab governments should open up their stock markets and let them become public companies to give them greater flexibility to attract foreign investment, the chief executive of Jordan's bourse said.

Korea is ready to build industrial base to serve Abu Dhabi 2030 : Korean minister

Roots of cooperation between Abu Dhabi and Korea Jung-gwan, have gone deep into the ground

India Among Dubai's most Important Export Markets

DUBAI: India and Pakistan in South Asia remain Dubai's most important export markets , says a Department for Economic Development (DED) survey.

Sharjah launches new services on internet

Sharjah : The Sharjah Econ-omic Development Department (SEDD) launched new e-Services on its revamped website ( that aim to facilitate communication with investors and enable them to access the department's services with ease.

Dubai manufacturing, services companies looking to increase business through Export Assistance Program

UAE. Local SMEs from the manufacturing and services sectors are strengthening their export activities by availing the Export Assistance Program (EAP), a financial assistance service

Kuwait reserves grow by 12b barrels

Kuwait City : Kuwait has added at least 12 billion barrels of crude oil to its reserves, which are estimated at over 100 billion barrels, following a comprehensive study, a newspaper reported yesterday.

Dubai aims for new export drive

Dubai has launched a scheme to supply grants for companies to establish new export markets as the emirate looks to further boost trade after the global financial crisis.

India's L&T to set up ME headquarters at Dubai Outsourcing Zone

Dubai: Larsen & Toubro, an India-based global conglomerate that helped build Abu Dhabi airport, has chosen to locate the new headquarters of its IT subsidiary, L&T Infotech Middle East, in Dubai.

Etisalat plans higher speeds for new mobiles

Dubai: In line with its promise to showcase futuristic solutions at Gitex, etisalat yesterday announced plans to upgrade its national high-speed HSPA+ technology in collaboration with Huawei and Qualcomm, to deliver data super downlink speeds of up to 42.2 Mbps, during the last quarter of 2010.