AME Info Latest News Web Feed
AME Info Latest News 
Wed Dec 17 16:22:17 EST 2008
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Large GCC investments flow into the UAE markets, Saudi investments tops at 44.1% - Saudi economic activities in the UAE markets have topped other GCC economic activities during the past decade, and have doubled in one year to a staggering 8895 investors (44.1%) across the numerous investment and development sectors in the UAE.
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MEED's newest event focused on the ramifications of the current global financial crisis will discuss a forecast for 2009 - MEED Events, part of Emap Ltd., has launched its 'Beyond the Credit Crunch; Business Strategies for Success 2009' forum as a response to the economic turbulence caused by the current global financial crisis.
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Sharjah hosts Acres Middle East 2008 - Al Hanoo Holding kicked of its participation in this year's Sharjah International Investment and Real Estate Exhibition, Acres Middle East, with a spectacular display of Al Nujoom Islands, the largest waterfront project in Sharjah, and the region.
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Process manufacturing industry uses Aspentech software to combat global warming - Aspen Technology, Inc., a leading provider of software and services to the process industries, today outlined how engineers and researchers across industry, academia and government are using its aspenONE CO2 capture simulation software to fight global warming.
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Stakeholders from 22 countries convene at SunGard Higher Education User Group Conference - Leaders from over 40 universities and colleges, government education ministries, SunGard Higher Education executives and IT professionals from 22 countries have convened at the Atlantis Hotel in Dubai for the 2008 annual SunGard Higher Education Middle East User Group Conference (SMEUG).
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'Think Space' boosts business brains - Crowne Plaza Hotels & Resorts has today announced the next contributor to its Crowne Plaza Think Tank campaign - interior designer, Gilian Schrofer.
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Western Auto offers world class King Long buses - Western Auto, UAE's leading total transportations solutions provider belonging to the Western Group - part of ETA Star conglomerate, is the exclusive distributor of the state-of-the-art buses from King Long - one of the largest manufacturers of buses and coaches in the world.
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DIFF prizes awarded 6 promising projects - The Dubai International Film Festival (DIFF) has announced the six award winners from its 3-day Dubai Film Connection, a project market designed as a platform for international and Arab film professionals to network and collaborate.
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Abu Dhabi Municipality signs MoU with Emaar Misr to develop Sheikh Khalifa Bin Zayed City in Cairo - Abu Dhabi Municipality signed a Memorandum of Understanding (MoU) with Emaar Misr for Development S.A.E, the wholly owned subsidiary of Emaar Properties PJSC.
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Agility DGS wins army deal worth up to $932m - Agility Defense & Government Services (DGS) announced that it has won a contract to supply and deliver repair parts for communications and electronics equipment at the Tobyhanna Army Depot in Pennsylvania.
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Emirates Holidays unveils packages to Nice - Emirates Holidays has announced a range of special packages to Nice, coinciding with Emirates Airline's recent increase of services to five times a week between Dubai and this gateway to the French Riviera.
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Mohammed bin Rashid Al Maktoum Foundation kicks off second phase of regional roadshow in Dubai - The Mohammed bin Rashid Al Maktoum Foundation yesterday kicked off the second phase of the regional roadshow in Dubai, highlighting two of its flagship programmes to a large number of Arab youth seeking to pursue their postgraduate studies at top-tier Arab and international partner universities.
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Sahara receives award for sponsoring 20th International Conference on Microelectronics (ICM) - Sahara Group received an honorary award for sponsoring the 20th International Conference on Microelectronics (ICM), being held at the University of Sharjah's College of Engineering from 15 to 17 December 2008.
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Hyundai announces Genesis Coupe to arrive next year - Hyundai, represented by Juma Al Majid Est. in the UAE, has announced new exciting vehicle concepts set to enter the Middle East market early next year, at the Abu Dhabi Motor Show today.
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Engel & Voelkers Dubai Amlak Office hosts the Open House Event to provides one-stop solution to property buyers - Engel & Voelkers Dubai Amlak Office becomes the first real estate brokerage corporation reacting to the changing Dubai market with a constructive sales and marketing campaign.
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PB names new director of building and infrastructure, Middle East - Engineering and project management consultancy Parsons Brinckerhoff (PB) has named Peter Smith its new director of buildings and infrastructure for its Middle East operations.
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DIFC economic note recommends pegging GCC common currency to a basket of currencies - The Dubai International Financial Centre (DIFC) today published an Economic Note, which called for the GCC Common Currency that will be created by the GCC Monetary Union to be pegged to a basket of global currencies comprising of the US dollar, the Euro, the Japanese yen and the British pound.
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Al Ezz Steel Rebars reports consolidated third quarter 2008 results - Al Ezz Steel Rebars S.A.E., the largest producer of steel in the MENA region and market leader in Egypt, announced its consolidated third quarter results for the period ending 30 September 2008.
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Free trade agreement with Singapore to act as business springboard for Bahrain - The CEO of the Bahrain Economic Development Board says the nation is looking forward to a new era of economic co-operation with Singapore following the signing of a free trade agreement with all the GCC States in the capital Manama this week.
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DM employees attend ARIS training course in Germany - A Dubai Municipality delegation comprising employees of the Corporate Excellence Department and Information Technology Department attended a training course in ARIS (Assessment, Review and Instruction System) programme in Germany during 2-6 November.
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Real estate consultants notice favorable change in Dubai real estate and property market - If there is one thing that Dubai is wary of then it is negative trends- be it in finance or in the indigenous culture.
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Office Cosmetics to set up shop in Oman - With the rapid growth of country's lifestyle sector, Office Cosmetics, a US brand, plans to foray into the Omani market, taking the ATF as a launch pad for its products.
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Kia announces 2009 line-up and Abu Dhabi expansion plans - Kia, represented in the UAE by Al Majid Motors Co., announced a 60% sales increase on 2008 at the displaying of its long awaited Kia Soul, urban crossover passenger car at the Abu Dhabi Motor Show today.
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BenQ rolls out Joybook Lite U101, the dream netbook perfect for net generation - BenQ today announced launch of its first netbook, Joybook Lite U101.
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Construction firm to cut up to 1,000 jobs - Al Shafar General Contracting plans to trim up to 1,000 jobs following project delays and suspensions, Arabian Business has reported. CEO Bishoy Azmy said the company was forced to cut staff as clients struggled to make payments and monthly income dried up. Several projects under negotiation had been suspended as developers review their ongoing and future assignments amid the economic crisis. Staff on probation will be among the first to leave, along with underperforming employees, Azmy noted.
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