VENTURE CAPITAL POST

Hoteliers in UAE are in conflict as to the recommendation to impose a price ceiling on hotel rates.

Qatar and UAE granted emerging market status while Bahrain, Kuwait and Oman retain frontier markets.

Al Nabooda Automobiles had set plans to expand its German car imports operations in Dubai and Sharjah.

Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim.

The Telecommunications Regulatory Authority of UAE would, after a five year wait, put the mobile phone number portability system operational by December.

After its announcement of its closure of banking operations, Barclays Plc had begun freezing its customers accounts.

In a move to revitalize the UAE financial market, the Dubai and Abu Dhabi regulatory authorities are exploring ways to merge their bourses.

The exclusive discussion for Etisalat’s proposal to acquire Vivendi’s stake in Maroc Telecom had been extended up to October 31.

Senaat, because of surging stock values, had engaged the services of banks to run its IPO.

The First Gulf Bank said it is not interested to bid for Barclays business in the UAE.

Emirates NBD agreed to a five year sponsorship deal with Manchester United Football Club.

According to CSCEC CEO Yu Tao, the company's experience in building and maintaining housing projects would be key to address the needs of the GCC countries.

The UAE railway network's first phase has been completed.