A recovery in the equity markets may augur well for the investment banking industry in the GCC, says a leading investment banker in the region, but believes that may not happen anytime soon. "Unless there is a major recovery in equity asset pricing in the coming months, which appears more
Dubai is glowing in the glittering spirit of the country’s 37th National Day as the Roads and Transport Authority (RTA) has decorated all the major roads, bridges and tunnels with special lights. Abdullah Al Madani, CEO of RTA Corporate Support Services Sector, said: "In celebration of this
Dubai Municipality officials have warned foreign companies keen to export sweets, confectioneries, chocolates, biscuits and other food products to the UAE to comply with local regulations that ban many food ingredients and additives. A senior official from Dubai Municipality told Emirates
In a country with a population of more than 1.14 billion and a land area of 3.3 million square kilometres (about 39 times larger than the UAE), the internet may seem to be the fastest way to get India’s citizens connected. This is particularly significant in critical moments such as the series of
Abu Dhabi government has finalised some 80 per cent of the restructuring of its departments and executive administration. The restructuring project is expected to be completed over a short period. Director of Performance Monitoring and Evaluation Department, General Secretariat of the Executive
The UAE’s annual celebration of National Day takes place on Tuesday, marking the 37th anniversary of the historic formation of the country. These 37 years have witnessed unprecedented growth and development. And the future is positive. Emirates Business considers what the next 37 years hold
Officials say the death toll in the terrorist attacks on Mumbai has risen to 195 as more bodies have been discovered after commandos ended the siege on a luxury hotel. Shantaram Jadhav, an official at Mumbai’s disaster control office, says 195 people have been killed and 295 wounded. Jadhav
Indian commandos killed the last Islamist gunmen holed up at Mumbai’s Taj Mahal hotel on Saturday, ending a three-day battle at landmarks across India’s financial capital that killed at least 155 people. "Taj is under our control," Mumbai police chief Hasan Gafoor told Reuters,
Parliament’s approval of a security pact with the US has propelled Prime Minister Nouri al-Maliki into a position of strength unsurpassed among Iraqi political leaders since the fall of Saddam Hussein. Furious deal-making preceded the vote on Thursday, compelling al-Maliki to make a wide range
Opposition parties said on Friday they may seek to topple Prime Minister Stephen Harper’s government and form a ruling coalition, charging that the Conservatives have not done enough to rescue Canada from the global economic crisis. Harper blasted the opposition in a televised address. “They