Markus Giebel - Deyaar's Business Strategy for 2009

Deyaar unveils 2009 business strategy
AME Info - United Arab Emirates
Further demonstrating its commitment to evolving market needs and the regional real estate sector, Deyaar Development PJSC, one of the region's fastest growing real estate companies, unveiled today its business strategy for 2009, including key enhancements of its customer service offering. ...

Abu Dhabi Government Injects $4.36 Billion into Five Banks

Abu Dhabi govt injects $4.36 bln into banks
Reuters - USA
ABU DHABI/DUBAI, Feb 4 (Reuters) - The government of Gulf oil exporter Abu Dhabi said on Wednesday it would inject 16 billion dirhams ($4.36 billion) into five of its banks through capital notes to bolster confidence as loan defaults mount. ...

Five Contractors to Start Piling Work on 10 Dubai Projects

Almasah Appoints Five Contractors to Begin Work on 10 projects this Year
Babnet - Sousse, Tunisia
Dubai, UAE, 4 February 2009- Almasah International Real Estate, a Dubai based real estate company, has announced the appointment of five separate foundation contracting companies to commence foundation and piling work on 10 of its projects. ...

Langan International Opens Offices in Dubai and Abu Dhabi

Langan International establishes offices in Dubai, Abu Dhabi
Business Intelligence Middle East (press release) - United Arab Emirates
UAE. Langan Engineering & Environmental Services, a premier land development engineering and environmental consulting firm, has announced that Langan International, its wholly owned subsidiary, opened two new offices in the United Arab Emirates, in Abu Dhabi and Dubai. ...

Increased Bahraini Investments into Dubai Real Estate

Bahrainis pump $167m into Dubai property
Trade Arabia - Manama, Bahrain
Bahraini investments into the Dubai real estate sector have topped Dh615 million ($167.4 million) in 2008, says a recent study by REIDIN.com.

This underlines the pull of the emirate among Bahrain-based investors and the strong capacity of this affluent group to undertake sizeable ventures in the property development front. ...

Spice Group Acquires Cellucom

Spice Group firm acquires Dubai-based Cellucom
NDTV.com - New Delhi, India
Spice Group company HotSpot Retails today acquired 100 per cent stake in Dubai-based mobile and IT products retailer Cellucom.
However, as a part of the merger deal, Hotspot and Cellucom would form a new entity in which the latter would have 26 per cent stake. The new entity with an employee strength of 2,500 would be led by Sanjeev Mahajan as CEO. ...

NetSol Technologies Inc. Won New Contract

NetSol Technologies Wins SAP Services Contract From a Leading US-Based Energy Utility Company
CNNMoney.com - USA
NetSol Technologies, Inc. a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today announced that NetSol has been contracted to provide expanded SAP integration and support services for a large West Coast U.S. public energy utilities concern. ...