Dubai News

Hilton Worldwide Appoints New Area President, Operations, Middle East and Africa

Rudi Jagersbacher to Replace the Retiring Jean-Paul Herzog at the Beginning of 2011 MCLEAN, Va. & DUBAI, United Arab Emirates, Thursday, September 2nd 2010 [ME NewsWire]: (BUSINESS WIRE)-- Hilton Worldwide today announced that Rudi Jagersbacher will become Area President, Operations, Middle East and Africa, for the hospitality company, e... http://www.eyeofdubai.com/en/images/

The Kanoo Group hosts Iftar party for its employees and their families

For the eight year in a row, The Kanoo Group, a UAE-based diversified business conglomerate gathered its staff members from all divisions around a sumptuous Iftar celebration at Excelsior Hotel in Dubai on August 30, 2010. The Iftar party for over 200 staff members came as a part of the seasonal and regular activities The Kanoo Group is keen to ... http://www.eyeofdubai.com/en/images/Iftar1.jpg

Xoriant Strengthens Middle East Presence With Infor Channel Partnership

DUBAI, United Arab Emirates & SUNNYVALE, Calif., Tuesday, August 31st 2010 [ME NewsWire]: (BUSINESS WIRE)-- Xoriant Corporation, a United States based Business Consulting and IT services provider, announced today they became an Infor Channel Partner for the Middle East region. The Infor partnership enables Xoriant to provide consulting services... http://www.eyeofdubai.com/en/images/

Modulo Announces Momentum for Its GRC Solutions in Europe and Middle East

Commercial Bank of Dubai Selects Modulo as its Enterprise Governance, Risk and Compliance (GRC) Management Platform MONTCLAIR, N.J., Tuesday, August 31st 2010 [ME NewsWire]: (BUSINESS WIRE)-- Modulo, a leading provider of enterprise governance, risk and compliance (GRC) solutions, today announced new customers, partners and a record firs... http://www.eyeofdubai.com/en/images/

Noor International Holding launches Harissa Elite Residence

Luxurious project located on top of Harissa Mountain in Lebanon to complement growing demand in countrys real estate market Noor International Holding, a leading Lebanese real estate development company, has announced the launch of Harissa Elite Residence, the companys latest real estate development project that seeks to combine state-of-the-art... http://www.eyeofdubai.com/en/images/Image_1[1](5).jpg

Asteco launches Buy Dubai

Interior fit-out company to source 80% of products from local suppliers, supporting UAE businesses and giving customers more control over quality and delivery times Leading property management company Asteco has launched its exclusive furnishing subdivision, Buy Dubai, which is supporting the UAE economy by sourcing 80% of products from local ma... http://www.eyeofdubai.com/en/images/Photo_1_Oceana.jpg

MENA M&A deal values drop 15% in H1 2010 to US$18.5 billion compared to H1 2009

Q2 2010 saw an increase by more than 100% in total disclosed deal value, from US$5.9bn in Q2 2009 to US$12bn in Q2 2010. Number of announced deals in Q2 2010 declined by 30% compared to the same period last year, from 95 deals in Q2 2009 to 67 deals in Q2 2010. The total number of announced deals declined by 12%, from 76 in Q1 2010 to 67 in Q... http://www.eyeofdubai.com/en/images/

SWPF 2010: Dr Hashim A. Yamani to Address the Industry

Jeddah,, Monday, August 30th 2010 [ME NewsWire]: Dr Hashim A. Yamani and Dr Mahmoud Abu-Zeid are confirmed to join the growing list of distinguished experts addressing the industry at the Annual Saudi Water & Power Forum (SWPF) taking place this October in Jeddah. Dr Yamani, the former Minister of Commerce & Industry from 2003-2008, wa... http://www.eyeofdubai.com/en/images/

Best and Brightest Set to Exhibit at Dubai International Jewellery Week 2010

Event is Jewel of the Middle East with 300 Exhibitors From Around the World Tens of thousands of visitors are expected to attend Dubai International Jewellery Week which will stage the finest jewellery showcase yet, with precious gems from around the globe, one-off collectors items and trendsetting designs. Renowned for its exclusive show offer... http://www.eyeofdubai.com/en/images/

S&P Fund Services assigns A rating to three Emirates NBD Multi Asset and MENA Equity Funds

First managed funds with such diverse asset allocation to receive S&P fund rating in GCC S&P commends high quality of investment process and management consistency Emirates NBD, a leading bank in the region, announced today that Standard & Poors Fund Services has assigned an A fund rating to Emirates NBD Asset Managements three global, multi-... http://www.eyeofdubai.com/en/images/Deon_Vernooy,_Head_of_Emirates_NBD_Asset_Management.jpg

Harley-Davidson sets up shop in Lebanon

New opportunities for growing the community of Lebanese bikers Lebanon is to become the major hub for Harley-Davidson in the Levant with the opening of its showroom in Beirut Q4 of this year. Inspired by the passion of 800 bikers across the country, Harley-Davidson Worldwide has chosen the city to cater for the needs of a growing community of en... http://www.eyeofdubai.com/en/images/HarleyBeirutRes.jpg

Smith & Ken''s Real Estate Recovery Scheme a Huge Success

Following the successful launch by Smith and Ken, Dubais leading real estate agency, of their Real Estate Recovery Scheme, CEO Benjamin J Smith has announced that the response has been incredible with over 1,500 enquiries within a week of the launch. Smith stated: Whilst we planned to handle a large number of enquiries, this has pleasantly surp... http://www.eyeofdubai.com/en/images/

Aetna Names Stuart Leatherby Head of Middle East and Africa Business

Dubai, United Arab Emirates, Sunday, August 29th 2010 [ME NewsWire]: Aetna (NYSE: ΑET), a leading global diversified health care benefits company, announced today that it has appointed Stuart Leatherby as managing director, Middle East and Africa, effective 1 September 2010. In this role, Leatherby will manage the companys expatriate busin... http://www.eyeofdubai.com/en/images/

Al-Baddad International Halls Capture the Spirit of Ramadan across UAE

Dubai, United Arab Emirates, Sunday, August 29th 2010 [ME NewsWire]: Al-Baddad International, one of Al-Baddad Global group of companies, has expanded its religious, social and entertainment activities during the holy month of Ramadan by setting up quite a large number of halls and Ramadan tents in luxury hotels and popular locations. V... http://www.eyeofdubai.com/en/images/

Dubai Trade announces its 3rd E-Services Excellence Award for the year 2010

Nominating 6 companies out of 30,000 in logistics & supply chain to win the Award Dubai : Dubai Trade, the innovative online platform of Dubai World and the single-window service provider for traders in Dubai, today announced its E-Services Excellence Award (ESEA 2010) for the third year in a row. Considered the first of its kind in the regio... http://www.eyeofdubai.com/en/images/ESEALogo.gif

MoneyGram International Responds to Disaster in Pakistan

Company donates $3 for each remittance sent to Pakistan from select countries MINNEAPOLIS, Thursday, August 26th 2010 [ME NewsWire]: (BUSINESS WIRE)-- In response to the devastation caused by ongoing flooding in Pakistan, MoneyGram International (NYSE: MGI) announced today it is donating $3 from qualifying remittances to the country for re... http://www.eyeofdubai.com/en/images/

Emirates Steel Signs US$ 1.1 Billion Project Financing Agreement

Emirates Steel, the largest integrated steel producer in the UAE and a strategic steel player in the Middle East steel industry, yesterday signed a US$ 1.1 billion, seven-year project financing agreement with a consortium of seven conventional banks and two Islamic finance institutions. Emirates Steel is a subsidiary of the Abu Dhabi Basic Industri... http://www.eyeofdubai.com/en/images/Emirates_Steel_Plant_Photo.jpg

Etihad Airways Signs Katrina Kaif as Brand Ambassador

Etihad Airways, the national airline of the United Arab Emirates, has announced the signing of internationally acclaimed, multi-award winning actress from India, Katrina Kaif, as the airlines new brand ambassador. Having won numerous national and international awards, Katrina has greatly contributed to the Indian film industry and is one of Indi... http://www.eyeofdubai.com/en/images/Etihad_new_brand_ambassador_lr.jpg

Good News at the Petrol Pumps This Tank is on Hertz

Summer deal from Hertz UAE brings 20% discounts on monthly rentals, free tank of fuel and choice of 1500 new cars After the recent 11 per cent increase in petrol prices in the UAE, there is at least some good news at the pumps for car rental users in the Emirates. Hertz UAE has just launched a new summer deal which, in addition to giving sav... http://www.eyeofdubai.com/en/images/

TNT Express UAE Partners with KidZania as the Official Express Logistics Carrier within the mini city

TNT Express begins operating inside the childrens edutainment centre allowing children to perform a variety of real life distribution duties. TNT Express announced today the opening of its new logistics establishment in the award-winning, childrens edutainment centre, KidZania. Located in The Dubai Mall and described as a dedicated city where ch... http://www.eyeofdubai.com/en/images/TNT2.JPG