Archive for ‘April, 2009’

Etisalat ICT forum showcases its end to end Managed Telecom and ICT solutions portfolio advantage

Etisalat ICT forum showcases its end to end Managed Telecom and ICT solutions portfolio advantage

Dubai, April 30,2009: Etisalat today concluded an exclusive event for CIOs and ICT professionals to showcase how ICT (Information & Communication technologies) can deliver the impetus businesses need to create lasting business value and leverage IT as a strategic asset to remain more competitive in a challenging economic environment affected by reduced IT budgets and [...]

H2O New Media wins Dubai Mums Social Community Development

H2O New Media wins Dubai Mums Social Community Development

Dubai, April 30th 2009: H2O New Media the Middle Easts leader in “White Label” (Custom Branded) social media applications has secured the development contract for Db Babies Trading LLC social community www.dubaimumsclub.com. The Dubai Mums Club Social community will provide an online portal for mums to network, chat, converse and collaborate online.  The social community [...]

World’s Top Telecoms Leaders Tell It Like It Is

World’s Top Telecoms Leaders Tell It Like It Is

Dubai – 29 April 2009: At a time when other industries are struggling to stay afloat, the Telecoms sector appears to be getting connected. The most prominent profiles in the business will convene in Abu Dhabi next month to chart the future of the region’s evolving telecoms landscape as part of an exclusive CxO summit [...]

Microsoft Gulf signs strategic partnership with ITE Distribution

Microsoft Gulf signs strategic partnership with ITE Distribution

Dubai, April 28, 2009: Microsoft Gulf today signed ITE Distribution, one of the leading regional IT distribution companies, as an authorized distributor for Microsoft Hardware line-up and Mac Office in the region.
The strategic move comes in line with Microsoft’s commitment towards empowering the channel with leading product PC hardware such as Microsoft gaming devices, keyboards, [...]

UAE Ministry of Foreign Trade proposes strategies to boost growth in Gulf foreign trade

UAE Ministry of Foreign Trade proposes strategies to boost growth in Gulf foreign trade

UAE Ministry of Foreign Trade (MoFT) Director General H.E. Abdullah Bin Ahmed Al Saleh outlined suggestions to maintain foreign trade growth in the Gulf region amidst the global financial crisis during a speech made at the 3rd Investment Horizons International Exhibition & Forum.
Held under the theme “Investment Horizons & the Gulf Common Market within the [...]

ADNEC Wins Key Awards at Middle East “Event Oscars”

ADNEC Wins Key Awards at Middle East “Event Oscars”

Abu Dhabi National Exhibitions Company (ADNEC) has won three awards at the prestigious Middle East Event Awards, held last night (Monday 27th April) in Dubai, which is considered by many to be the “Oscars of the Middle East events industry.” ADNEC was also presented with a special award for ADNEC Group CEO Simon Horgan, who [...]

AED 3 billion capital increase approved at Dubai Islamic Bank Extraordinary General Meeting

AED 3 billion capital increase approved at Dubai Islamic Bank Extraordinary General Meeting

Dubai, April 27, 2009: Following the conclusion of its Extraordinary General Meeting (EGM), which was held today, Dubai Islamic Bank (DIB) announced that the assembly has approved the increase of the bank’s capital by AED 3 billion over a five-year period. The assembly has delegated the Board of Directors to implement this resolution.
The conversion of [...]

Emirates NBD Exclusive Warehouse Sale Event

Emirates NBD Exclusive Warehouse Sale Event

United Arab Emirates, Dubai. 29th April 2009: Emirates NBD, the largest banking group in the region in terms of assets, has once again given its debit and credit cardholders the exclusive chance to get their hands on some incredible bargains at the Mega Sale event, scheduled to be held starting today the 29th of April – [...]

Financing in focus at major hotel investment conference; Royal Bank of Scotland and Europe Arab Bank speak out

Financing in focus at major hotel investment conference; Royal Bank of Scotland and Europe Arab Bank speak out

Dubai, April 2009: Financing trends and structures in hotel projects and developments in the Middle East are just two of the core subjects under the spotlight, according to conference organiser, Jonathan Worsley.
Banking experts representing banks from the region, and international markets, are set to address issues such as what is a lending ’sweet spot’ and [...]

Colliers International Q1 2009 House Price Index for Dubai falls 41%

Colliers International Q1 2009 House Price Index for Dubai falls 41%

28th  April  2009, Dubai: Colliers International, the global real estate consultancy, today released the Dubai House Price Index for Q1 2009, which indicates a decline in the overall index of 41% for the first three months of 2009.  The index, compiled using mortgage transaction data from financial institutions accounting for 60% of the mortgage market [...]