Du looks to mobile data
Data's growing contribution to mobile revenue is part of du's push to focus more on increasing earnings per-customer rather than on expanding mobile market share.
October 22, 2012 5:46-
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Emirates NBD still in talks on loan curbs
The Dubai based bank is still talking with the Central Bank to get a satisfactory situation with new lending limits.
October 22, 2012 3:36 -
Citigroup has great potential says AlWaleed
Pandit had done "a pretty good job" at Citigroup over the past several years...
October 22, 2012 3:30
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OPEC rivalries bring difficult struggle
"It is not going to be easy," said an OPEC source, referring to whether the panel will be able to recommend a candidate. "For a secretary general to be appointed, all 12 have to agree."
October 22, 2012 3:26 -
DP World sales stake in Russian firm
The transaction is expected to close later this week, DP World said in a statement to Nasdaq Dubai.
October 22, 2012 10:40 -
Nakheel climbs its way back up with double profit
Nakheel, whose developments at the height of Dubai's property boom contributed to the emirate's debt woes, has been slowly recovering from the crippling real estate collapse.
October 22, 2012 8:47
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HSBC pulls back from Islamic banking
Through its HSBC Amanah arm, headquartered in the UAE, HSBC was a pioneer in the industry and it operated the largest Islamic business of any Western bank.
October 18, 2012 4:07 -
Dubai fueled by cheap Iranian oil – US pressure
U.S. officials are encouraging Dubai to find another source of supply. ENOC was asked to stop importing but it is still going on...
October 18, 2012 3:57 -
Bahrain charges four men with defaming king on Twitter
The four men in their 20s were arrested on Wednesday morning after security forces confiscated their computers and other electronic equipment.
October 18, 2012 3:53
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ADNOC to offer cleaner Diesel for 2013
While ADNOC is only able to meet the summer specifications of diesel in Europe now, it aims to meet winter specifications by the middle of next year, a source close to the matter said.
October 17, 2012 3:03 -
Etihad plans Garuda partnership
Etihad this year sealed a codeshare deal with Air France-KLM , under which the airlines will share flights.
October 17, 2012 3:00 -
Kaspersky plans software to secure nuclear plants
Some 30,000 computers at state oil producer Saudi Aramco were infected in August, although there is no evidence that the virus got into its industrial control systems.
October 17, 2012 9:48
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We have no intention of joining Skyteam – Etihad
Etihad has been on an aggressive expansion drive and has taken minority stakes in Aer Lingus, Air Berlin and Virgin Australia.
October 16, 2012 1:56 -
Qatar PM positive about Xstrata deal
Sheikh Hamad did not comment specifically on whether Qatar was satisfied with all aspects of the revised offer, not least the management change
October 16, 2012 9:30 -
Kuwait sees stable oil prices over 5 years
Asia is the Gulf state's biggest oil customer, receiving 65 percent of its exports...
October 16, 2012 9:23
