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UAE’s Aldar swings to profit on govt land sales

UAE’s Aldar swings to profit on govt land sales

Aldar Properties, bailed out twice by Abu Dhabi with rescue packages totalling over $10 billion, swung back into profit in 2011 on the back of land sales to the government and increased residential sales.

February 14, 2012 2:41
 

Bahrain paid estimated $40M hosting fee for cancelled race

Bahrain has paid the hosting fee for this year's Formula One grand prix even though the race was cancelled, commercial supremo Bernie Ecclestone was quoted as saying on Monday.

September 20, 2011 2:54
 
Bahrain wins back F1, protests simmer

Bahrain wins back F1, protests simmer

Racing body has reinstated Grand Prix; Daily clashes as police put down small Shi'ite protests

June 4, 2011 3:48
 

Falcon Private Bank sponsors F1 team Scuderia Toro Rosso

The cars of Scuderia Toro Rosso will be adorned with Falcon Private Bank's logo, after the bank has signed a sponsorship agreement with the F1 team.

May 21, 2011 2:42
 
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