Oil prices favourable: OPEC

SINGAPORE - OPEC members are happy with crude oil prices and top exporter Saudi Arabia said on Monday any additional demand for crude would be met.

Mashreq posts Dh647m Q3 profit; more growth seen

DUBAI — Mashreq, one of the UAE’s leading financial institutions, on Sunday declared a net profit of Dh647.4 million for the first nine months of the year and said it sees growth in the coming period.

Emirates SkyCargo Strengthens Trade Links Between UAE and Brazil

DUBAI, UAE - 31 October 2010 - Emirates SkyCargo, the freight division of Emirates, the Dubai-based international airline, has launched a new service to meet the demands of the bustling UAE-Brazil trade route.

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 (www.sedd.ae) 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.