Saturday 27 December 2014
 
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UAE, Hong Kong in deal to avoid double taxation on income

The UAE signed a deal for the avoidance of double taxation on income with Hong Kong, during a meeting between businessmen and commercial banks from both parties in Dubai, UAE. The agreement was signed by Obaid Humaid Al Tayer, Min

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Godrej Lockss plans Bahrain sales boost

Godrej Locking Solutions and Systems (Godrej Lockss), an Indian locking and security solutions firm, plans to double its current market share in Bahrain in the next three years. Currently, Godrej Lockss enjoys 2.9 per cent share o

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Deyaar profit doubles on new project launch

Dubai-based property developer Deyaar said on Wednesday its second-quarter net profit more than doubled, buoyed by the launch of its hotel apartment project.   Deyaar made a

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Mobily doubles data volume for new subscribers

Saudi Arabia-based telecom operator Mobily has doubled the volume of data to become 20GB for the new subscribers in Connect 4G 10GB package, on the occasion of the holy month of Ramadan.    Mobily is offerin

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Bahrain doubles flu vaccine orders on new fear

Fears over the spread of deadly viruses in the Middle East have spurred Bahrain's Health Ministry to up its annual order of flu vaccine to 50,000 doses.   Recent outbreaks of H1N1 swine flu and Middle East Re

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Muscat City Centre doubles dining area

Muscat City Centre, a leading shopping destination, said it has renovated and expanded its food court area to accommodate double the number of diners. The new dining area features a modern ambience with six new international dinin

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Dubai Investments Q3 profit nearly doubles

Conglomerate Dubai Investments saw third-quarter profits nearly double on the back of higher rental income and an improvement in the fair value of its investments. The company, in which sovereign fund Investment Corp of Dubai owns

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Dubai Investments Q2 net profit more than doubles

Conglomerate Dubai Investments , which is planning to issue a $300 million sukuk this year, said on Thursday that its second-quarter net profit more than doubled, as it booked gains in the value of its investments. The company, in

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Iraq plans to double power supply by 2013

Iraq plans to double its electricity supply to 12,330 megawatts (MW) by 2013 as it brings new sources of power online, the electricity ministry said on Saturday, but is still seen falling short of demand. Iraq needs investment in most of i

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US 'on track to doubling exports'

US President Barack Obama said his administration was headed towards fulfilling its commitment of doubling US exports over five years and promised to reward businesses that created jobs at home with tax breaks. "Two years ago, I set a goal

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