Leading world insurer AIG close to bankruptcy
New York, Sept 16 (PTI) In the continuing meltdown in the
U.S. financial market, World's largest insurer, American
International Group (A.I.G.) was Tuesday downgraded by credit
IndusInd plans to float USD 1 bn India-specific fund
Dubai, Sep 16 (PTI) Hindujas-promoted IndusInd Bank has
said it is looking to float a one billion dollar fund (about
Rs 4,500 crore) for investments in India.
Samsung SDI develops sports car battery
SEOUL, Sept.
S. Korea orders Lehman Brothers to halt operations
(ATTN: ADDS more details on pension fund investment, private sector fallout from
para 24)
Etihad enters codeshare agreement with Malaysia Airlines
Etihad Airways is to extend further its expanding global network by providing its customers with greater access to destinations in Asia, following the signing of a new codeshare agreement with Mala
Firms in realty sector record 1,200% growth rate
UAE's real estate market have witnessed remarkable growth over the past few years with many companies in the sector averaging a growth rate of approximately 1,200 to 1,500 per cent in the period 20
Gulf sovereign investors in ‘wait-and-see’ mode
Top Gulf Arab sovereign investors have been sidelined by volatility in US financial markets with one key fund, Abu Dhabi’s Mubadala, saying on Monday it would not bail out any troubled banks accord
UAE Central bank confirms outflow of 90pc of foreign, speculative money
The Board of Directors of Central Bank discussed on Sunday the current position of liquidity at banks, and in the country in general, and confirmed that almost 90pc of foreign, speculative hot mone
UAE Minister of Foreign Trade holds economic talks with European officials
Minister of Foreign Trade H.E.
Yemen-UAE trade projected to reach 446b YR
A Yemeni government report has predicted a surge in the country's two-way trade with the UAE in 2008 from its current volume of 422 billion Yemeni Riyal to 446 billion.
