Search Results for: "dubai"

Du Looks To Buoyant UAE Economy For Future Growth

The telecom operator currently claims 46.4 per cent of mobile subscribers in the UAE.

New Abu Dhabi Finance Centre Appoints DFSA COO As Advisor

Jan Bladen has been appointed executive adviser and programme lead at Abu Dhabi Global Market.

Morgan Stanley Appoints New MENA Investment Banking Head

Patrick Delivanis replaces Klaus Froehlich, who is relocating to Frankfurt for a senior investment banking role.

Saudi’s Tallest Tower To Consume 80,000 Tonnes Of Steel

Saudi Arabia’s Kingdom Tower, which is 173 metres taller than Dubai’s Burj Khalifa, is slated for completion in 2018.

UAE’s Gulf Marine Services Plans London IPO

GMS plans to sell new shares worth $100 million, as well as an undisclosed number of shares currently held by private equity backers.

Mall of The Emirates Unveils Fashion District, Eyes New Hotel

The Dubai-based mall is undergoing a massive Dhs1 billion redevelopment programme.

UAE Telco Du Agrees Terms On $720m Loan Financing

Du’s new loan will replace two existing debt facilities.

Nakheel Receives Six Construction Bids For New Mall On Palm Jumeirah

A construction contract for Nakheel Mall is expected to be awarded within three months.

UAE Has Highest Ratio Of International, Local Students Among Arab States

The UAE has around 34,122 inbound students against 7,719 outbound students, according to UNESCO Institute of Statistics.

UAE Stock Markets Should Unify Back Offices – Abu Dhabi Bourse CEO

Rashed al-Baloushi, CEO of the Abu Dhabi Securities Exchange, did not specify a timeframe for the proposal.

Emirates’ Long Haul Business Model Pushes Down Costs – CAPA

The Dubai-based airline sees lower unit costs compared to European carriers because of its business model, says a report from Centre for Aviation.

Cisco Boss: How Firms Are Braving The New Tech Frontier

Emerging tech trends set to redefine business and everyday life in the Middle East in 2014, says Tarek Ghoul.

William ‘Bill’ Duff, Sheikh Rashid’s Financial Advisor, Dies

The British expatriate aged 92 died of natural causes in Dubai.

Bahrain: Banking On Consolidation

The global financial crisis and political instability dented Bahrain’s banking sector but will a recent wave of M&A activity burn around its fortunes?

Sports Law Practice To ‘Thrive’ In The Gulf

With a rising Middle Eastern investor interest in sports ventures, sports law practice will thrive in the Gulf, says an expert.

REVEALED: 10 Best Places To Work In The UAE

Logistics firm DHL tops the list in 2014, followed by Microsoft, as ranked by Great Place to Work Institute UAE.

REVEALED: World’s Most Powerful Arabs In Real Estate

The head of Dubai-based Emaar, the developer behind the world’s tallest building, tops the list.

Different Arab money

Assets Under Management In MEA To Hit $1.5 Trillion By 2020 – PwC

The amount represents a compound annual growth rate (CAGR) of nearly 12 per cent.

RAK Properties Announces Dhs151m Profit In 2013

RAK Properties has said that the company is expecting a stronger performance in 2014.

Abu Dhabi-Owned Manchester City To Break Even This Season – CEO

The club’s CEO Ferran Soriano also confirmed that they did not breach Financial Fair Play rules in the last two campaigns.

GCC States Remain Split Over EU-Styled Union

Four of the six Gulf states are believed to back a closer economic, monetary and political union, writes political analyst Johann Weick.

Richard Branson’s Advice To Governments: “Throw Staff Parties”

The Virgin Group founder was speaking at the Government Summit in Dubai.

UAE Launches $1m Competition To Invent Unmanned Drones

The winner of the international competition will be announced in May 2014.

JP Morgan Cuts Banking Ties With Emirates NBD

The bank has severed relationships in its cash management business in the Middle East.

UAE Signs Agreement To Develop Intellectual Property Safeguards

The UAE has signed an agreement with the Korean Intellectual Property Office to ramp up its intellectual property protection mechanisms.

UAE To Use Drones For Government Services

Fingerprint and eye-recognition security systems would be used to protect the drones and their cargo.

White-Collar Temps To Drive Expo 2020 Job Market – Experts

ManpowerGroup is gearing up for a massive surge in temps in the UAE.

REVEALED: World’s Most Powerful Arab Women

Reem Al Hashimy, the face of Dubai’s Expo 2020 bid, tops the Gulf Business list of the world’s most powerful Arab women.

Nakheel Awards Contracts Worth $11m For Al Furjan, Warsan Projects

The contracts cover infrastructure design and supervision work in the two communities.

Why UAE And India Should Fast Track Economic Relations

UAE-India is a critical node in the overall GCC-India economic partnership, writes economics researcher Samir Pradhan.