Search Results for: "dubai"

Saudi Telco Regulator To Re-Tender Piggyback Mobile Licence On Zain Saudi’s Network

Saudi’s Communications and Information Technology Commission named Dubai-based Axiom Telecom as the provisional winner last year.

Nakheel’s Q1 Profit Up 28% To Dhs629m

The Dubai developer said it handed over 400 units during the first quarter of the year.

Emirates To Cut Three Kiev Flights

The reduction follows ongoing political unrest in Ukraine.

UAE Named World’s Largest Foreign Aid Donor In 2013

The UAE’s official development assistance amounted to $5.2 billion in 2013, up 375 per cent from 2012.

UAE Central Bank To Launch Overnight Lending Facility On Apr 15

The Interim Marginal Lending Facility will allow lenders to use certain assets as collateral to swap for one-day loans.

Abu Dhabi Among Global Top 20 Cities For Mall Development

The UAE capital has 778,000 sq m of new retail space in its development pipeline, says CBRE.

Royal China: Business Lunch Review

A relaxing Chinese dining experience amid the hustle and bustle of DIFC.

Cunard’s Queen Elizabeth Cruise Ship To Make Debut Call In UAE

Cruise liner Queen Elizabeth will arrive on April 17 at Zayed Port as part of a 2014 World Cruise programme and will spend a day in Abu Dhabi.

Starwood, MAF Sign Deal To Open Westin, Le Meridien Hotels In Bahrain

Both the hotels are scheduled to open in July 2014.

Whatsapp new privacy features

Middle East Banks “Scared” Of Social Media – Senior Banker

Lenders in the region must create effective social media strategies if they want to thrive in the future, say experts.

Dr Ahmed Samerai Interview: Give A Little

Alicia Buller meets up-and-coming film producer and all-round businessman Dr. Ahmed Samerai.

Aldar Considers Eventual IPO Of Property Management Unit

The Abu Dhabi real estate developer owns a 60 per cent stake in property management firm Khidmah.

Fourth Iranian Held In UAE Over Businessman’s Kidnap

Ali Rehmat Assadi will stand trial in the UAE on charges of abducting Abbas Yazdi, who went missing in June, a source said.

Middle East Air Passenger Traffic Grows 13.4% In February

The region saw the strongest passenger growth worldwide, IATA said.

Nakheel Awards Community Services Contracts Worth Dhs87m

The agreements cover 13 communities including Palm Jumeirah, The Gardens, Discovery Gardens, Al Furjan, and International City.

Different Arab money

Kuwait’s NIG Says Signs MoU To Sell 30% Of Noor For $99m

The deal will bring it a profit of 7.5 million dinars, the firm said in a statement to the Dubai bourse.

Barclays To Sell UAE Retail Ops To Abu Dhabi Islamic Bank For $177m

Abu Dhabi Islamic Bank said it would acquire 110,000 customers through the deal.

Foreigners Target Key UAE, Qatar Stocks Ahead Of MSCI Upgrade In May

MSCI will raise the UAE and Qatar to emerging market from frontier market status at the end of May.

The Hunt For Halal

As nations aspire to become global hubs for the Islamic economy, the Halal industry is not to be ignored

Frustrated Kuwaitis Ask, Why Is Kuwait Falling Behind?

The six parliamentary elections since 2006 and more than ten different governments

The UAE: A Thriving Japanese Car Market

The Japanese automotive industry is one of the most prominent in the world.

UAE’s Retail Sector Set For E-Commerce Explosion- Experts

Tech-savvy consumers will drive the growth of e-commerce in the country’s retail sector.

Emirates Launches App For iPad

The Emirates App will allow passengers to manage their booking, check in online and download their boarding pass.

UAE Resumed Projects Worth $12bn In 2013

Construction projects worth more than $23 billion were awarded in the UAE last year.

Bahrain Eyes New Rules For Islamic Financing Contracts

The move comes as part of a broader push to revamp Bahrain’s efforts in Islamic finance.

Arabtec Appoints New CEO For Egypt Subsidiary

Sami Asad, formerly the CEO of Arabtec’s Construction Group, will now lead the newly created subsidiary, Arabtec Egypt.

Five minutes with… Mazen El Zein, CEO And Founder, Crystal Group

Mazen El Zein, CEO and founder of Crystal Group, shares his insight into the UAE nightlife scene and the company’s planned venue launches this year.

Why Investors Should Consider MENA Equity Markets

Most regional markets performed strongly in 2013 and promise further growth, writes Salah Shamma, co-head, MENA Equity at Franklin Templeton.

UAE’s MAF Reports 11% Growth In Pre-Tax Profits

The company reported that its EBITDA grew 11 per cent to reach Dhs3.3 billion in 2013.

Saudi’s Algosaibi Estimates Assets At A Fraction Of Claims Against It

The company has invited more than 70 financial institutions to a meeting in Dubai to propose “a comprehensive settlement” with creditors.