Al Nasr Contracting Company Awarded AED 582 Million Infrastructure Project

Tiger Woods Dubai, Al Nasr in AED582M Deal
Zawya
Dubai-UAE: 3 December, 2008 - The Tiger Woods Dubai, an exclusive 55 million sq. ft. golf community development and a member of Tatweer Dubai, today announced it has awarded a contract worth AED582 million to the UAE-based Al Nasr Contracting Company for infrastructure works at the project. ...

UK INVESTMENT Bankers Started to Help Bailout Gulf State's Banking Sector

Business: London Bankers Fly In To Help Dubai Rescue Operation
Zawya - United Arab Emirates
INVESTMENT bankers from London were flying into once-booming Dubai last night (Monday) as the bailout of the Gulf state's banking sector began.

Goldman Sachs, UBS, Morgan Stanley and Credit Suisse have been among the banks speaking to the governments of Dubai and Abu Dhabi, the richest state in the United Arab Emirates, about the restructuring of Dubai's financial services sector. ...

Black Sea Port of Poti Sold to UAE's RAK Investment Authority

Georgia sells rest of Black Sea port to UAE's RAK
Reuters - USA
TBILISI, Dec 3 (Reuters) - Georgia has sold the remaining 49 percent of its Black Sea port of Poti to RAK Investment Authority of the United Arab Emirates for $65 million, its deputy minister Vakhtang Lezhava told Reuters on Wednesday.

"Now RAK Investment owns all the shares in the port," he said.. ...