Recent Posts

Dubai stocks advance most in Mideast as ECB spurs ‘appetite’

Bloomberg Dubai stocks advanced the most among Middle Eastern equities as the European Central Bank’s monetary stimulus boosted demand for emerging-market assets, adding fuel to bullish sentiment in the emirate. The DFM General Index climbed 1.4 percent to 3,401.03, extending four weeks of gains, the longest streak since April. Emirates NBD PJSC, the emirate’s biggest lender, added 4.6 percent to ...

Read More »

Etihad Cargo rakes in US$1bn revenues annually

ABU DHABI / WAM Etihad Airways’ President and Chief Executive Officer, James Hogan, rendered the opening address to more than 1,200 delegates attending the World Cargo Alliance, WCA, Conference taking place at the Abu Dhabi National Exhibition Centre from March 10-13. Mr Hogan spoke about changes in the global cargo industry and how the Etihad Airways Partner alliance increases the ...

Read More »

RTA awards AED611mn ‘road project’ contract

DUBAI / WAM The Road and Transport Authority (RTA) has awarded a contract for constructing Sheikh Rashid Rd – Sheikh Khalifa bin Zayed Rd Interchange Project costing AED611 million which is set for completion during the last quarter of 2017. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the RTA, said, “The Sheikh Rashid Rd. ...

Read More »
Send this to a friend