Dubai: The Department of Oil Affairs in the government of Dubai announced today that it had notified its customers of the official price of Dubai crude oil, which will be delivered next October, at US$0.20 …"Dubai crude oil price for October 2012 delivery is less $ 0.20"
Sharjah: Sharjah Islamic Bank announced its 1st Half 2012 results yesterday with net profit of AED 149.2 million, compared to 123.3 million of the same period last year, showing a 21% increase.
The balance sheet …"SIB announces net profit of AED 149.2 million for H1, 2012"
Dubai: The UAE ranks as the third-most competitive economy in the region after Qatar and Saudi Arabia, the latest study by Dubai Chamber of Commerce and Industry finds.
According to the World Economic Forum’s Global …"Dubai Chamber study shows growth in UAE business competitiveness"
Dubai: The Dubai International Financial Centre (DIFC), today issued its fifth annual Economic Activity Survey Report for 2011 putting the total value added (GDP equivalent) of the Centre’s sub-economy at USD 3.13 billion, up 7% …"DIFC accounts for 1.4 percent of UAE’s GDP in 2011"