13.05.2013
Air Arabia the first and largest low-cost carrier in the Middle East and North Africa region stated that its financial results for the first quarter of the year beat estimates, compensating the company’s recent outstanding performance. Air Arabia reported a net profit of 59 million Dirhams compared to 49 million Dirhams in the same period last year. In addition, Arabia posted a turnover of 722 million Dirhams compared to ... More
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Markets, Regional (Loans) - May 9 2013 07:23 AM
According to Reed Travel Exhibitions, travel and tourism, which contributes around $76.6 billion to the Middle Eastern gross domestic product is expected to rise by 4.2 percent in 2013. The company’s sources stated that the regional tourism ... More
Markets, Regional (Loans) - May 1 2013 23:10 PM
Chairman of Emaar Properties said that the Dubai-based company will continue to launch new projects and properties in a regular basis, probably each week. He added that he’s not worried about another bubble in the emirate's real estate market ... More
Markets, Regional (Loans) - May 1 2013 06:42 AM
The U.S. administration reiterated its military commitment to its Gulf Arab allies amid the political tensions in the region. These tensions have been aggravated by the Syrian civil war ... More
Markets, Regional (Loans) - Feb 20 2013 00:35 AM
According to military officials, the United Arab Emirates Armed Forces awarded 19 defense contracts of 4.9 billion Dirhams to local and international companies on the third day of the ... More
Markets, Regional (Loans) - Feb 18 2013 00:46 AM
According to the General Directorate of Residency and Foreigners Affairs in the United Arab Emirates, health insurance has become a mandatory element for visitors to access the country. This rule ... More
Markets, Regional (Loans) - Feb 17 2013 05:46 AM
The Gulf Council Countries will be allocation around $36 billion in order to develop their port infrastructure as the volume of non-oil trading keeps on increasing. Saudi Arabia has allocated ... More
Markets, Regional (Loans) - Feb 6 2013 00:42 AM
Dubai’s economical conditions seem to be stabilizing as growth correlates with investors’ confidence, increasing in many core sectors such as trade, tourism, manufacturing and real estate. According to the ... More
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