Union Properties 2011 net loss widens; shares slump
Full-year net loss 1.57 bln dirhams vs 1.53 bln dirhams; Q4 net loss 68 million dirhams - Reuters calculation; Shares drop 8 pct after results
February 2, 2012 12:55
Union Properties in debt deal with Emirates NBD
Developer to repay 1.1 bln dirhams using asset transfer; Extends remaining 2.7 bln dirhams debt to 2017
January 18, 2012 2:02Union sells Ritz-Carlton at discount
Contract to be signed in the next ten days.
August 28, 2010 1:39Dubai property company woes continue
Deyaar sees third consecutive loss, of 243 million dirhams; Union Properties swings to loss in second-quarter; Drake & Scull net profit nearly halves.
August 14, 2010 2:41
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24