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UAE Cabinet approves law on SMEs

Dubai: Women will be represented in the boards of all government bodies and corporations, according to a resolution issued by the Cabinet on Sunday.

Women’s representation in government company boards has been made mandatory during the Cabinet meeting chaired by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and P


Morgan Stanley Middle East M&A head departs - sources

Dubai: Morgan Stanley Inc’s head of mergers and acquisitions for the Middle East and North Africa (Mena) is leaving the bank, three sources said, the latest in a string of high-level banking departures from the Gulf Arab region.

Peter Fort, who has been responsible for overseeing the US bank’s M&A and restructuring business in the region since


Dell to target Middle East SMEs

Dubai: Dell Inc., the US-based PC manufacturer, aims to grow its enterprise division in the Middle East to account for 40 per cent of regional revenues within a couple of years as it implements a global strategy to diversify away from selling purely computers and laptops, a senior executive said.

Currently, Dell makes one-third of


Dubai’s Emaar launches first MBR City residential project

Dubai’s Emaar launches first MBR City residential project

Dubai’s Emaar Properties and Dubai Holding have unveiled the first project as part of their joint venture launched last month, the Mohammed Bin Rashid City (MBR City), it was announced on Sunday.

Dubai ruler Sheikh Mohammad Bin Rashid Al Maktoum announced plans to build a new multi-billion dollar city project, which will include the world's biggest


UAE urges EU to remove trade barriers

Abu Dhabi: The volume of trade exchange between the UAE and the European Union (EU) is expected to be stable and at its 2011 levels due to economic recession prevailing in the EU nations, said economists.

Dr. Numan Ashour, a chief economist and analyst at the CNBC Arabia, told Gulf News that the volume of trade between the UAE and the


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