China firms to build Abu Dhabi pipelineTwo units of China National Petroleum Corp have won a contract to build a crude oil pipeline in the UAE. China Petroleum Pipeline Bureau and China Petroleum Engineering & Construction Corp will build the 300 km Abu Dhabi pipeline, CNPC More… |
NBD wins top awardNational Bank of Dubai (NBD) has been awarded the Asian Banker Award for Best Retail Bank in the UAE for 2007. The award recognises NBD as an outstanding player in the retail financial services industry. Suvo Sarkar, group head-r More… |
China shares tumble 8.3pc as panic spreadsChina stocks tumbled 8.3 percent on Monday in their second biggest drop this decade, bringing to $340 billion the market value lost since the government hiked a share trading tax last week to cool a feverish bull run. In an apparent attemp More… |