Wednesday 30 July 2014
 
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Dubai firm

Dubai firm transfers realty portfolio management

Dubai Investment Group (DIG) has appointed private equity firm Silverpeak Real Estate Partners to manage its US and German real estate portfolio, the acting chief executive of the group said on Friday. DIG is the real estate and asset man

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Drake & Scull Q3 net income jumps 77pc

Drake & Scull International (DSI), a regional market leader in the integrated design, engineering and construction sector, said it has registered a 77 per cent year-on-year net margin growth during the third quarter. The Dubai-based&n

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Dubai firm seals smart phone deal

Dubai-based Flagship Projects has entered into a strategic partnership with Visioglobe, a leading French company that specializes in the visualisation of map data on smart phones. A hi-tech mobile and web applications provider, Flagship sa

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New system offers employee feedback

Dubai-based Insight Discovery has announced the launch of an innovative management tool that allows companies to monitor how engaged their employees are with their business. EmPulse is a tool that offers firms regular feedback from their s

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Air Charter in Afghan mission success

Air Charter International (ACI) a leading aircraft charter and leasing company based in Dubai, said it has successfully completed the shipment of an outsized de-mining machine from Europe to Bagram airbase in Afghanistan. The de-mining mac

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Dubai firm revamps Togo airline board

Dubai-based GSA Global Investments has announced a major revamp of the management of Togo-based cargo airline Africa West after taking over its operations. The Dubai group had recently acquired a 51 per cent controlling interest in th

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More Dubai firms get access to $20bn fund

A support fund set up to help Dubai's state-linked entities at the height of its debt crisis can now extend loans to more firms, if needed, according to a decree from the emirate's ruler on Sunday. The Dubai Financial Support Fund

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Dubai firm wins Virgin America contract

Dubai-based Spatial Composite Solutions said it has been awarded a contract to design, build and install an Airbus A320 cabin service trainer at Virgin America’s headquarters in California. Spatial, a key manufacturer of crew training

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HCL Infosystems buys stake in Dubai firm

India's HCL Infosystems is set to acquire a 20 per cent stake in Dubai-based Techmart Telecom Distribution, distributors for Nokia smartphones in the Middle East and Africa region, as part of its expansion plans. A premi

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Dubai firm inks aerospace interiors deal

Dubai-based Greenline Interiors said it has signed a co-operation agreement with New Zealand’s Aerospace Interiors aimed at building a substantial presence in the international market for luxury aircraft interiors. Under the

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