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Drydocks World discusses cooperation with Samos Steamship

Dubai: Drydocks World had extensive discussions with top management personnel of Samos Steamship, a well-established ship managing company based in Greece with a tradition in sea transportation since 1875. A high-level team led by Nicholas G. Inglessis President of Samos Steamship and Tassos Tzamouranis, Managing Director met Khamis Juma Bu Amim,


Al Tayer Motors recognised by Maserati

Dubai: Al Tayer Motors has been awarded by Maserati Middle East & India (MEI) for its outstanding commitment and efforts in promoting the luxury Italian automotive brand in 2011. Speaking about Al Tayer Motors’ achievement, Umberto Cini, Managing Director — General Overseas Markets, Maserati said: “Al Tayer Motors has received this award in rec


Giordano to invest $5 million in 20 new stores in the region by 2013

Dubai Giordano International will open a Dh5 million logistics centre in the Jebel Ali Free Zone (Jafza) in January to service a growing number of stores in the GCC, Middle East and Africa, the company chairman and chief executive, Dr. Peter Lau, told Gulf News.

The apparel retailer is also investing $5 million in opening and maintaining 20 new


Home insurance sales spike after JLT fire

Dubai: The number of people seeking to buy home contents insurance in Dubai has soared by about 2,000 per cent since this week’s fire that ripped through a tower in the Jumeirah Lakes Towers district.

Home insurance has been a hard sell for many providers in the UAE, but this week Axa Insurance Gulf and Royal & Sun Alliance (RSA)


China PICC sets $3.6b Hong Kong IPO terms

Hong Kong: Chinese state-owned insurer PICC Group has wound back expectations for its proposed Hong Kong listing, securing pledges from a group of mostly domestic investors for its up to $3.6 billion (Dh13.2 billion) IPO, the biggest in the city in two years.

The long-awaited offering is now set to be priced on November 30, but the underwriters


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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Near port Saeeed Etisalat Office Deira, Dubai.

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