The outlook for economic growth in the UAE next year is positive, said Obaid Humaid Al Tayer, Minister of State for Financial Affairs.
"Our economy is strong and our laws are sufficient to deal with the international financial crisis," he told the Federal National Council.
"We are ready to (...) >continue
Emaar Properties is looking at investing in the Philippines mining sector using controlling stakes in joint venture companies, a newspaper reported yesterday.
"There is a resurgence of development in the region, as China, India and even Japan require continued supply of minerals," the (...) >continue
Nasser Al Shaikh, Director-General of Dubai Department of Finance, has stressed infrastructure projects in Dubai, including Roads and Transport Authority plans and the new airport in Jebel Ali, would continue as scheduled in Dubai Strategic Plan for 2015.
He said due to the global financial (...) >continue
Energy projects in Gulf oil producers have become the latest victim of the festering global financial crisis as it is depriving them from funding and discouraging full capacity expansions, according to officials and experts.
Besides worsening fund shortages, the crisis has already sharply (...) >continue
The Sharjah Government has structured a new property freehold law that is awaiting approval by the emirate’s ruler, informed sources said.
"The freehold law has been worked out and is awaiting the Ruler’s approval," a person close to the process told Emirates Business. The person declined to say (...) >continue