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Ericsson wins $85m Smart City deal |
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 Emaar, The Economic City, has awarded a SR320 million ($85 million) contract to Ericsson to implement and operate the smart city infrastructure and the multi-purpose network for Ethraa, The Smart City.
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Dulux to open 50 outlets in UAE |
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 Al Gurg Leigh's Paints, sole manufacturer of ICI Dulux in UAE, is planning to open 50 new Dulux decorator centres across the UAE to cope with the increased demand.
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Kingdom Hotel Investments (KHI) said net profit for the six months ended June 30, 2008 reached $20.6 million.
United Arab Emirates Central Bank governor Sultan Nasser Al-Suweidi said on Thursday that oil prices could fall to a range of $60 to $80 per barrel, from over $119 now.
Dow Europe GmbH has announced a price increase of up to $900 per tonne for its wire and cable products across India, Middle East and Africa.
Kidney patients in Bahrain could get a new lifeline, with moves to allow transplants from non-related, living donors.
Microsoft Corp released on Wednesday a second test version of Internet Explorer 8, delivering a feature-complete upgrade to the Web browser.
Dubai-based Select Group and the UK's property developer Select Property have jointly launched West Avenue on one of the last remaining plots on Dubai Marina.
Restrictions by the US and others may lead sovereign wealth funds to invest closer to home instead of in the West, the head of the central bank for the UAE said.
LuLu Hypermarkets all over the region will start going green from November, it was declared on Wednesday.
Higher revenue from oil helped Kuwait post a 3.8 billion dinars ($14.22 billion) preliminary surplus in the first quarter of its 2008/09 fiscal year, government data showed.
A major open-air entertainment event is set to enthral UAE residents in Dubai and Abu Dhabi this November, a report said.