Search Results for: "dubai"

Five Minutes With… Steve Rotter, VP Digital Marketing, Brightcove

Video content is playing an increasingly important role in online advertising, marketing and brand awareness, says Steve Rotter, VP Digital Marketing, Brightcove.

Qatar Bank Masraf Gives JV Sale Details After Bourse Suspension

Masraf said the sale price would be QAR1.53 billion ($420.3 million), which would generate a gain of QAR466 million for the bank spread over three years.

Emirates Signs $13bn Service Contract With GE

The order is for engines that will power the 150 777X jets that Emirates is buying from Boeing.

Abraaj Investment Management Makes Bid Approach To Egypt’s Bisco Misr

The affiliate of Abraaj Capital is seeking to buy at least a 51 per cent stake in the Egyptian snack maker.

Gulf Capital Invests $30m In GCC School Operator EKI

The investment is expected to help Evolvence Knowledge Investments Limited (EKI) to expand its offerings in the region.

Exclusive Interview: Frits Van Paasschen, Starwood CEO

Starwood’s global president and CEO plots the next phase of the hotel chain’s ambitious Middle Eastern expansion.

How To Defend Your Portfolio

Will hedge funds, gold, land, art, and cash be your best friends when the next big financial crisis hits, asks Peter Cooper, editor of ArabianMoney.net.

Middle East Tech Start-Ups Lure Large VC Funds

The Middle East is catching the eye of venture capitalist (VC) firms eager to cash in on the growing number of tech start-ups in the region.

UAE Bourses Merger Shelved As Terms Not Agreed -Sources

The sources said it was unclear whether the merger plans were permanently on hold or whether they would be revived later.

UAE Opens New Consulate In Toronto

The move is expected to boost trade and business ties between the UAE and Canada.

Emirates Takes Delivery Of 50th A380

Dubai carrier chalks up double-decker milestone with Kuwait and Mumbai next to join the A380 network

Qatar Cuts Stake In London Stock Exchange By A Third

Qatar sold the shares at 1,915 pence each as part of its portfolio management, a source said.

Tabreed Consortium Acquires $286m Cooling Services Contract

The 30-year contract involves buying the existing district cooling provider to Al Maryah Island in Abu Dhabi.

Nakheel’s First Half Net Profit Up 54% To Dhs1.85bn

Strong revenue from property development along with improving performance in Nakheel’s retail, leasing and leisure businesses contributed to these results, the company said.

Emirates Firms Up Boeing 777X Order

Deal first announced as a commitment at the 2013 Dubai Airshow has now been finalised

Djibouti In Legal Dispute With DP World Over Port Concession

DP World owns one-third of Djibouti’s Doraleh Container Terminal.

Damac Offers Buyers Luxury BMW Cars As Part Of Ramadan Promotion

The offer is open to investors in Damac projects in the Burj Area, Dubai Marina, Jumeirah Village and AKOYA by DAMAC.

UAE Citizens To Travel Visa-Free To Kazakhstan From July 15

Kazakhstan is introducing a 15-day visa-free regime for citizens from 10 countries.

Emirates To Drop Kiev Flights

Dubai carrier decides to call time on Ukraine service which launched in January

Five minutes with… Juan Manuel, Marketing Head, Andalucía Tourist Board

Andalucía is looking to attract Arab tourists to its shores, says Juan Manuel Ortiz Pascual.

Sharjah Plans Debut Sukuk -Bankers

The sovereign is rumoured to have appointed banks to manage the transaction and could launch the deal as early as September, the bankers said.

Al Jaber Signs MoU With Etihad Rail

As per the deal, by 2019, Al Jaber will be able to utilise rail transport for its logistics operations.

DMCC Sees 30% Growth in Member Companies In First Half Of 2014

The free zone registered 1,027 companies in the first six months of 2014.

UAE Regulator Says To Tighten Stock Market Supervision After Arabtec

The SCA said it would also set up a technical committee with the central bank and the exchanges to prevent any manipulation of stock prices.

Drake & Scull’s German Unit Secures Dhs103m Contract In India

Drake & Scull subsidiary Passavant Energy & Environment will construct and operate two wastewater treatment plants in the North Indian state of Punjab.

Saudi’s Emaar EC Says Port Unit Agrees Capital Hike To Fund Expansion

The port, which began operating on Jan. 6, currently has an annual capacity of 1.3 million twenty-foot equivalent units.

Stock News: Property, Banks Lift UAE Markets

Dubai’s main index climbed 2.4 per cent as shares in Arabtec jumped 5.4 per cent in early trade.

Nakheel Awards Dhs44m Contract For Al Furjan Community Centre

Construction is scheduled to begin in Q4 2014, and the centre is slated to open in March 2016.

Airbus Lags Boeing In Order Race Despite Busy June

The European planemaker posted 515 orders between January and June, or 290 when adjusted for cancellations.

Islamic Banks Rebrand In An Attempt To Go Mainstream

Aiming for growth in new territories and demographic groups, Islamic banks look to drop the “Islamic” from their moniker.