Regional telecom operators are grappling with new business models and growing competition. Enterprise provider SAP says it can help.
As global foreign direct investments grow, the UAE is hoping to grab a significant portion.
The emirate saw a 4.5 per cent rise in prices during the first quarter of 2014.
The restructuring will allow the real estate developer to reduce its short-term loans by 39 per cent.
Losses were cut by retiring aircraft, closing eight routes, reducing staff expenses and renegotiating over 2,000 contracts with suppliers, it said.
The carrier placed a surprise order for 50 more of the jumbo jets during the Dubai air show in November.
The lender received approval from the UAE central bank 10 days ago, confirms CEO.
The firm saw a rise in fees from its asset management, investment banking and brokerage businesses.
You can tell the model to find directions, set an alarm or open YouTube
For the third time in a row, Prince Alwaleed tops Gulf Business’ list of the region’s most influential people.
It will be ICBC’s fourth branch in the Gulf Arab region after Doha, Abu Dhabi and Dubai.
The region’s most authoritative business list is here… Prince Alwaleed Bin Talal Alsaud, founder and…
Total value of building construction expected to reach $128.5 billion, with the medical sector getting the biggest market share.
The move is part of mall operator Majid Al Futtaim’s $29.3 million redevelopment plan for Oman.
KIPCO, OSN’s parent company, had indicated that an IPO was expected to happen this year.
The poor performance of the routes was due to lack of demand as well as increased competition from other carriers.
The Dubai and Abu Dhabi benchmarks are up 54 and 17 per cent respectively this year.
Nationalisation goals should be explained in companies’ expat hiring processes, says HR expert.
Australia and the GCC share remarkably high growth rates, writes Peter Cooper.
The UAE’s market regulator, the Securities and Commodities Authority, has been liberalising securities rules since 2012.
For some stocks, such as DP World, NBAD and Ooredoo, the expected inflows will be more than 10 times bigger than the average daily trading volume, predict experts.
As smartphone penetration levels rise and wearables enter the mainstream, a hyper-connected world is closer than we think.
Natixis currently has around 40 staff in Dubai, as well as a small representative office in Egypt.
The use of information technology within the construction industry is changing rapidly, says Cope.
The over one kilometre tall Kingdom Tower will replace Dubai’s Burj Khalifa, 828 metres tall, as the highest in the world.
70,000 workers moved between employers in the UAE last year, according to the Ministry of Labour.
The UAE and other Gulf states promised more than $12 billion in loans and donations to support the Egyptian economy after Mursi’s removal.
The three-year sponsorship deal will allow Arabtec to have access to specific rights of the use of Manchester City brand.
QNB, Industries Qatar and NBAD will be the three largest additions to the MSCI Emerging Markets Index.
Perception is reality and successful businesses appreciate its importance, writes management expert Debbie Nicol.