Archive for June, 2008

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DIFX appoints former NASDAQ man Singer as chief executive

Dubai International Financial Exchange (DIFX) has named former NASDAQ OMX senior vice-president Jeffrey Singer as the new chief executive.

Bush doesn’t expect oil output boost at Saudi meeting

President George W. Bush doesn’t expect word of oil output additions to come out of a conference between producers and consumers that opens in Saudi Arabia this weekend, a spokesman said.

UAE likely to get mobile TV services next year

The UAE Tele-communications Regulatory Authority (TRA) hopes broadcast mobile TV services will be available in the country sometime in 2009.

Jeweller Damas starts $355 million Dubai share sale

Damas International Ltd., the Dubai-based jeweller with stores in 18 countries, on Wednesday started a share sale that aims to raise as much as $355 million for expansion.

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