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Sun Jan 24 11:26:28 EST 2010
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Dubailand delivers key leisure, entertainment and real estate developments during 2009 - Dubailand, the region's premier tourism, leisure and entertainment destination and a member of Dubai Properties Group, marked the progress of a significant number of projects in 2009 and is poised to achieve new milestones for the coming year.


Weak consumer demand a concern ahead of Dubai Shopping Festival, shows Datamonitor - Soft consumer demand will be front of retailer's minds ahead of Dubai's upcoming Shopping Festival. The latest figures from Datamonitor's monthly Recovery from Recession consumer survey show that UAE consumers are still doing it tough.

Mature debt markets can bring stable access to capital for Mena governments and corporates, says DIFC Economic Note - The development of debt markets can enhance the ability of governments and corporates in the Middle East and North Africa (Mena) region to raise funds efficiently and cost-effectively for infrastructure and development needs, according to the latest Economic Note issued by the Dubai International Financial Centre's (DIFC) Economics Unit.

Jazeera Airways completes $105m ECA financing with Natixis for three Airbus A320 aircraft - Kuwait based regional carrier Jazeera Airways today announced that it has taken delivery of its 11th aircraft and completed total ECA financing for $105m with Natixis for three Airbus A320 aircraft.

Medsol expands operations to Saudi Arabia - Medsol has opened its first facility in Saudi Arabia following a year of aggressive regional expansion. A part of Gulf Healthcare International, (which is owned by the private equity funds managed by global private equity group Global Capital Management), Medsol witnessed a revenue growth of 9.8% during 2009.

Bahrain Airport Company signs project management services contract with Hill International - Bahrain Airport Company announced today the signing of a project management consultancy agreement with the global leader in managing construction risk, Hill International. The signing took place at Bahrain Airport Company's showing at the Bahrain International Airshow.


Grow Qatar appoints new Director of International Business Development - As part of Grow Qatar's continued expansion, the agency has appointed Barry Flaherty as the new Director of International Business Development.

BUiD appoints academic lawyer for region's first masters in Construction Law and Dispute Resolution - The British University in Dubai (BUiD), the Middle East's leading research-based postgraduate university, today appointed Professor Haitham Haloush as Senior Lecturer of the newly-launched Masters (MSc) programme in Construction Law and Dispute Resolution (CLDR), to commence in February 2010.

Panasonic introduces new 64 GB and 48 GB SDXC Memory Cards, available globally in February 2010 - Panasonic announced the availability of the company's first 64 GB and 48 GB SDXC Memory Cards. The new SDXC Memory Cards, the RP-SDW64GG1K (64 GB) and RP-SDW48GG1K (48 GB) are Panasonic's largest-sized Gold cards with Class 10 speed specification.

Kaspersky Lab issues 2010 cyberthreat forecast - Kaspersky Lab, a leading developer of secure content management solutions, outlines the threats we can expect to see in 2010 as a result of cybercriminal activity.

SuperSonic Imagine's new-generation ultrasound device 'Aixplorer' to be presented at Arab Health - SuperSonic Imagine, a young, innovative French company positioned in the medical imaging market, has just launched an ultrasound system called Aixplorer. It is the only system to use MultiWave technology, based on the interaction between compression waves and shear waves in tissue. By supplying quantitative data about tissue toughness or elasticity, Aixplorer helps clinicians to considerably fine-tune their diagnosis. It will be on display at Arab Health's next edition, to be held from next January 25th to 28th.


Emaar slide brings DFM down close to 5% - The Dubai Financial Market (DFM) fell 4.97% to 1,570.09, with only two stocks rising, and 26 falling. Bellwether Emaar was the most active stock by value and by volume, but was also the day's biggest loser, falling 9.73% to Dhs2.97.

Royal Caribbean sails into Dubai and comission for agents - The deployment in Dubai of the Royal Caribbean cruise liner 'Brilliance of the Seas' means an influx of passengers and a boost to the tourism industry. Phil Blizzard talks to Helen Beck, Regional Sales Director, MENA, Royal Caribbean on board the cruise liner.

ADX slides on first day of trading - The Abu Dhabi Securities Exchange fell 1.39% to 2,600.09, with only five stocks rising, compared to 24 falling and one holding steady. Gulf Pharmaceuticals Co (Julphar) was the day's biggest gainer, moving up 4.68% to Dhs1.85. Arkan had the biggest slide, falling 9.40% to Dhs2.11.

VR2M to take part at Arab Health 2010 - VR2M, who manufactures spare parts for fluidic systems (needles, connectors, hoses, etc.), will be an exhibitor at Arab Health from next January 25th to 28th. The French company is also a subcontractor for foreign manufacturers of automated systems and carries out surface treatment for stainless steels.