Contact us | +971 4 3635663
Sponsored by   Mudabala
Middle East Business Information
 
Loading Loading ...
Wed, 07 Jan 2009 | 18:15 GMT
 
Top UAE News

  • Nathalie Criniere To Design Louvre Abu Dhabi


    Agence France-Museums, in partnership with Abu Dhabi's Tourism Development & Investment Company announced that the firm of Nathalie Criniere has been selected to create the exhibition design for the Louvre Abu Dhabi, one of the five major institutions being planned for Abu Dhabi's Saadiyat Island Cultural District. Press Release - 07Jan 12:37GMT
  •  

  • VideoDana Gas plans to boost production 76% in 2009


    (Arabic) UAE's Dana Gas plans to increase its production rate by 76% in 2009 and to extract about 300 million standard cubic feet per day from its fields in Kurdistan region of Iraq. Al-Arabiya - 07Jan 11:50GMT
  •  

  • Volumes At Gulftainer Terminals Up Over 15% In '08


    Gulftainer, has announced that volumes at its terminals in the UAE grew by over 15 percent in 2008, compared with 2007 volumes, to reach 2,501,829 teu, reflecting increasing customer confidence in the company in these difficult times. Press Release - 07Jan 10:21GMT
  •  

  • Dubai Leads in Islamic Finance with New Shariah Hedge Fund Index


    The Dubai Multi Commodities Centre Authority (DMCCA) and Shariah Capital, Inc. announced the Dubai Shariah Hedge Fund Index, the first internationally-recognised index comprised exclusively of Shariah compliant hedge funds. Press Release - 07Jan 09:26GMT
  •  

  • Abu Dhabi Polymers Park breaks ground on first industrial plot


    Abu Dhabi Polymers Park announced that construction is underway and on schedule for its first industrial plot in Mussafah ICADIII. Press Release - 07Jan 09:25GMT
  •  

  • Dubai May Tighten Property Market Rules


    Dubai is mulling tightening rules on the property market in the Gulf financial hub after many developers shelved projects because of the global financial crisis. AFP - 07Jan 09:00GMT
  •  

  • AMD Gets US Clearance For Abu Dhabi Joint Venture


    Advanced Micro Devices said it received clearance from US authorities for a joint venture with capital from two Abu Dhabi investment firms to help it compete against sector leader Intel. AFP - 07Jan 07:41GMT
  •  

  • Shuaa Capital de-lists from Kuwait Stock Exchange


    Shuaa Capital confirms that its shares have now been de-listed from the Kuwait Stock Exchange (KSE") with effect from 1 January 2009, pursuant to the decision taken by the company's shareholders in June 2008.? Press Release - 07Jan 07:19GMT
  •  

  • KI Forecasts 100% Increase in GCC Turnover


    One of America's largest office furniture manufacturing companies, Krueger International, (KI) is forecasting a 100 per cent increase in GCC turnover in the 2009 financial year. Khaleej Times - 07Jan 07:00GMT
  •  

  • Israeli terror in Gaza overshadows US-Gulf forum


    Israeli terrorism and the blindly biased US policy in the Middle East overshadowed deliberations at a high-profile forum on US-Gulf relations, which opened here yesterday with a call to intensify global efforts to end the brutal attacks and to establish an immediate cease-fire. Arab News - 07Jan 06:36GMT
  •  
» More Top UAE News
 
 
 
MORE NEWS & ANALYSIS 
» All UAE News | All Analysis 
The Toolbox

Companies     

Shifting Targets

Target Engineering Construction Company shifted its focus from civil contracting by expanding its electromechanical and marine contracting activities to generate 58% of its 2006 revenues. Arabtec later acquired 60% of the company in 2007 to assimilate Target’s Oil and Gas and Power market share.


 
»  Profile | Officers | News

Research     

Arabtec Holding
Abu Dhabi Commercial Bank - 04 Jan 2009

ADCB issues a BUY recommendation on Arabtec with a target price of AED 4.6, representing a 100% upside potential to the current market price of AED 2.3. The company is expected to achieve FY08 net profit AED 988.2 million, compared to AED 528.7 million for FY07. The stock is trading at a PE of 2.7x for FY08E.

» Read Report
 
» Quote | Profile | News | Financials | Estimates | Charts

Video     

Dana Gas Aims For 76% Production Growth In 2009
 
Arabic language (0:37)
Dana Gas plans to extract about 300 million scf per day from its fields in Kurdistan region of Iraq - 07Jan
 
» Watch Video | More Videos

Radio     

UAE Markets In 2009
 
Deon Vernooy, Head of Asset Management at Emirates Investment Services, looks at the UAE stock market, and talks about his view for 2009.
Dubai Eye - 07 Jan 2009

» Listen To Interview Audio
 
 
 
 
Community Buzz

Stories in UAE

 

Companies in UAE

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Dynasty Al Zarooni Real Estate UAE Agents and Brokers
Nakheel UAE Landlords and Developers
Mubadala Development Company UAE Investment Firms and Funds
Emaar Properties UAE Landlords and Developers
Investment Corporation of Dubai UAE Investment Banking
Abu Dhabi Investment Council UAE Investment Firms and Funds
ALDAR Properties UAE Landlords and Developers
International Petroleum Investment Company UAE Investment Firms and Funds
Noor Islamic Bank UAE Banking
Emirates Airline UAE Transportation Services
 

Posted on 06Jan
Comments

 
Re: job cut
“...The fact that CEOs or most of the senior management would like to use this final phase of this crisis to restructure and implement changes in the organisations rather than real need as such. Hence, they use this situation to ease the restructuring which is a day dream in GCC...”
Gopinath Pathmanathan on Job Losses Become Part of Life
 
 

Projects

Most viewed projects by Community in the last 24 hrs
Project Name Country Sector
Ras Tanura Integrated Refinery and Petrochemicals Complex Saudi Arabia Oil and Gas
Qatalum Aluminum Smelter Qatar Industry
QP - Al Shaheen Refinery Qatar Oil and Gas
KNPC - Al Zour Refinery Kuwait Oil and Gas
Dubai RTA - Dubai Metro - Purple Line UAE Infrastructure
Qatar Foundation - Sidra Hospital Qatar Real Estate
WDEPC - Abu Qir Power Plant Expansion - Civil Works Egypt Power and Water
ADCO - SAS Field Development UAE Oil and Gas
Saadiyat Island Development - Saadiyat Resort and Beach Residences (Phase 1) UAE Real Estate
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP) UAE Oil and Gas
 

Blogs

 
 
 
 
 
Zawya Select
ZawyaSelect
Real Estate
Land Deals
The value of the total land transactions in Dubai jumped 47.5% to Dh70.2Bn last year from Dh47.6Bn in 2007, according to figures from Dubai land department.
 
 
Real Estate
Zabeel's 'Crisis' Plan
High-end developer Zabeel Properties, like other real estate players in the region, has begun to feel the pinch of the credit crunch.
 
 
Transport
Turmoil Hopes
Air Arabia is sitting on $1bn in cash, says its chief, but the company will have to raise finance when its order of 44 new aircraft starts arriving from the middle of 2010.
 
 Contribute to Zawya Select» More Selections
 
Company Ranking
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Capital
($mil)
1 Emirates Telecommunications Corporation UAE 17,196
2 Mashreq UAE 10,522
3 DP World UAE 6,308
4 National Bank of Abu Dhabi UAE 5,597
5 Emirates NBD UAE 4,402
» View Full List
 
Related Information
Companies in UAE
 
EIU Research On UAE Economy & Sectors
Key Developments18Dec08
Business Outlook23Jul08
» View Full Report
 
 
 
 
 
Quote data provided by © TickerChart
Site is optimised for viewing at 1024 x 768 with Internet Explorer v6 and Firefox v1.5 and above.
Copyright © 2009 ABQ Zawya Ltd. All rights reserved. Please read our Membership Agreement