UniCredit Gaining Investor Support for $9.6 Billion Rights Issue The New York Times | LONDON — Aabar Investments, an investment vehicle for Abu Dhabi’s sovereign wealth fund, said on Tuesday that it would increase its stake in Italian bank UniCredit to 6.5 percent from 5 percent after the Milan-based firm completes a so-called rights offering at the end of the month. The de...
Summit will discuss challenges to shipping Gulf News | Abu Dhabi: With ports and sea freight in the Middle East expanding and regional shipping lines facing unprecedented challenges, leaders in international business and government will meet at the Abu Dhabi National Exhibition Centre (ADNEC) from Apri...
DSF deals to cash in Gulf News | For years, the Dubai Shopping Festival (DSF) has been bringing good cheer to everyone. People from all walks of life have taken home cash rewards, brand-new luxury vehicles, kilos of gold and heavily discounted retail items. | But beyond the mammot...
Ministry acts to check price rises and fake goods Gulf News | Abu Dhabi: The Ministry of Economy has launched a series of measures in coordination with the local departments to ensure quality in the UAE market. | Mohammad Ahmad Bin Abdul Aziz Al Shehi, Director-General of the Ministry of Economy, said the min...
Mega hub of opportunities Khaleej Times ABU DHABI - UAE's investors can build a mega business district in South Korea's capital Seoul, besides buying shares and equities, and bonds. They can also set up joint ventures in technology, Research & Development, manufacturing and financial servi...
Arab stocks rally on annual earnings, receding eurozone crisis m&c | Amman - Most Arab stock markets scored gains this week, buoyed by annual earnings, dividend distributions and efforts under way to come to grips with the eurozone debt crisis, financial analysts said Friday. | The regional rally was led by Egyptian...
Abu Dhabi to host 2012 Global Financial Markets Forum The Times Of India Abu Dhabi will host 2012 Global Financial Markets Forum in February. | Commencing Feb 29, the event will witness a host of high profile speakers addressing the critical market factors in 2012. | "The economic influence of Abu Dhabi and the Gulf Coope...
UAB profit rises to Dh330m as assets soar 40% Gulf News | Dubai: United Arab Bank (UAB) yesterday reported Dh330 million net profits for 2011, up 7.1 per cent over the Dh308 million earned in 2010. | UAB's assets reached Dh10.8 billion, a 40 per cent increase over the Dh7.7 billion achieved the previous y...
Clients cut ad budgets and opt for public relations overdrive Gulf News | Dubai: While local advertising agencies may have to live with reduced client budgets this year, it may not be the case for their public relations (PR) counterparts. So believes Peter Rae, a long-timer in the industry who has just taken over as mana...
Shifting global economy puts UAE in the spotlight Gulf News | During the Insead Leadership Forum on Tuesday, my colleague, Antonio Fatas, Portuguese Council Chaired Professor of European Studies and Professor of Economics at Insead, presented a map of the world with a red dot representing the centre of gravit...
