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Emivest rebrands SSAC, eyes aviation sector |
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 Emirates Investment and Development Company (Emivest), the majority shareholder of Sino Swearingen Aircraft Corp (SSAC), has rebranded the US-based firm to Emivest Aerospace Corporation signalling its latest foray into aircraft manufacturing sector.
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Dubai Duty Free sales grow 27pc |
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 Dubai Duty Free sales went up 27 per cent to Dh2.8 billion ($780 million), in the first nine months of 2008 against the same period a year ago, a report said.
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Nikken Sekkei, a leading global architectural practice, has been appointed by Dubai-based Meraas Development to help design its new Jumeirah Gardens project in Dubai.
Etihad Airways said its passenger traffic for the first nine months of the year has risen 35 per cent over the same period last year.
The Gulf region is likely to see more power shortages and blackouts as regional utilities struggle to deal with fast-rising power demand, Moody's Investor Service said.
The Dubai Bone & Joint centre said it is creating awareness about musculoskeletal ailments with an innovative campaign.
Dornbracht, a leading manufacturer of fittings and accessories for bathrooms and kitchens, has introduced an all-new Tara line.
Kingston Technology Company said it is experiencing unprecedented growth for its memory solutions in the Middle East and African markets.
The real estate markets of the Middle East will outperform all other regions, said a study conducted by Jones Lang LaSalle (JLL), leading real estate advisory firm, in association with Cityscape Dubai.
Kuwaiti banks are not affected by the global credit crisis, the country's central bank governor said in remarks published on Tuesday.
Bahrain's Premier has urged calm in the face of a GCC and global credit crunch. He called for a unified stance to protect economies.