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AME Info, Abu Dhabi, United Arab Emirates, Business Briefs Column.

Apr. 8--DFM DENIES TAKEOVER TALKS: Dubai Financial Market officials have denied reports that the local bourse is in takeover talks with the London Stock Exchange. The UK's Sunday Telegraph carried an article explaining that the LSE faced strong competition from rivals such as Deutsche Borse. DFM officials told Gulf News this is just not true.

DUBAI SETS USD827 MILLION INFRASTRUCTURE: Dubai is set to spend USD817 million over the next three years on infrastructure projects including the widening of the Garhoud Bridge and building a monorail system, said IIR general manag

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  • Saudis threatening to block Dolphin pipeline.
    • Bloomberg Business News reported on July 11 that Saudi Arabia may block the $3.5 billion pipeline backed by Occidental Petroleum Corp., Total SA and a partner that would carry Qatari natural gas to the United Arab Emirates. The undersea pipeline crosses Saudi territory and "cannot be constructed without the agreement ......
  • Saudis threatening to block dolphin pipeline.
    • Bloomberg Business News reported on July 11 that Saudi Arabia may block the $3.5 billion pipeline backed by Occidental Petroleum Corp., Total SA and a partner that would carry Qatari natural gas to the United Arab Emirates. The undersea pipeline crosses Saudi territory and "cannot be constructed without the ......
  • ABU DHABI - Profile - Shaikh Hamdan Bin Zayed.
    • The next most senior member of the Mohammed group, assembled in what one foreign observer calls "military type command-and-control herarchy", comes Hamdan who has been a UAE deputy prime minister since October 2003 and federal minister of state for foreign affairs for years. Shaikh Hamdan is chairman of DEL. It ......
  • UAE countries becoming a destination for automotive manufacturers: the United Arab Emirates (UAE) are known around the world for their rich oil reserves. The Emirates are starting to make a name for...
    • UAE TRADE RELATIONS with Germany have been strengthening. While oil-exporting Middle Eastern countries (most notably Saudi Arabia) have come to appreciate utilizing the 'Made in Germany' label on their hardware products, German car manufacturers have started to realize the potential that the region has to offer in sourcing components, says ......
  • CGS Appoints Grapheast Computers, LLC as Distributor for Gulf Region and the Middle East.
    • Grapheast specializes in products and software for the graphic arts, printing and photo industries and has offices throughout the entire region (Dubai, Abu Dabi, Saudi Arabia, Egypt, Jordan, Lebanon) HAINBURG, Germany -- CGS Publishing Technologies International GmbH announces today that it has appointed Grapheast Computers, LLC, Dubai as the central ......
  • Profits With Principles
    • The Middle East-and particularly the GuIt Cooperation Council (GCC) countries-is awash with liquidity, which is being invested in traditional industries such as oil and gas but also nascent industry sectors such as real estate, construction, tourism, financial services and telecommunications. Alongside the investment renaissance that is occurring in the region ......
  • Natuzzi opens its largest store in Dubai
    • At the Market— Italian upholstery manufacturer Na-tuzzi's newly opened store in Dubai is the company's largest stand-alone store in the world. Co-owned with Middle Eastern retail partner Western Furniture, the approximately 22,000-square-foot store features all three Natuzzi style concepts — casual, urban and vintage. In addition to the seating line, ......
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