Search Results for: "dubai"

Emirates Took A Risk Ordering A380s – Tim Clark

The Dubai carrier currently has 97 of Airbus’ superjumbos on its order book.

5 Corporate ‘Must-Do’s’ When Embarking On A Change Journey

Select the right team and provide training, writes management expert Debbie Nicol.

Jumeirah To Sign Saudi Hotel Deal In 2014

Discussions are ongoing in the Kingdom, says Jumeirah’s president and group CEO, Gerald Lawless.

The Management Headache Of 2014: People Retention

Nicolai Tillisch predicts that people retention will be a major problem in the region in 2014 and elaborates on a simple and effective solution.

Emirates President Tim Clark Knighted In UK Honours List

Clark was recognised for his “services to British prosperity and to the aviation industry”.

MEA M&A Deal Values Up 26.9% In 2013

The 2013 deal value saw the highest rise in the last six years with all the quarters posting values above $12 billion, the report found.

UAE Bourse Regulator To Crack Down On Unlicensed Lending

Firms must abide by the new regulations or face fines of Dhs100,000.

Nakheel Plans $1.1bn Of Early Debt Repayments In 2014

Nakheel was taken over by the government as part of a $16 billion rescue plan completed in 2011.

The Battle For Business Class

In a bid to boost their business passenger base, carriers are investing heavily in luxury amenities, while others have even mulled dropping first class all together.

GCC 2013 Roundup: Travel And Hospitality

Dubai’s supremacy in the regional aviation sector is beyond question, writes Dominic Ellis, editor of Business Traveller Middle East.

GCC Roundup 2013: Transport

The region’s rail projects are key indicators of economic diversification, writes Jonathan Robinson managing director, head of project finance MENA at HSBC.

Bahrain Hikes Salaries For Government Workers

The benefits are estimated to cost the government BD6 million annually.

UAE Slashes Prices of 205 Drugs

The Ministry of Health has reduced the prices of 14 drugs used for the treatment of diabetes in a move to make medicines affordable.

Nakheel To Award Contract For Jumeirah Islands In Jan 2014

Construction of the project is expected to be completed within two years after awarding the contract.

Damac Offers Property Buyers Free Lamborghini Aventador This DSF

The Dubai-based developer has promised customers free luxury cars as part of its Dubai Shopping Festival promotion.

GCC 2013 Round Up: Retail

GCC’s retail industry has been growing steadily throughout 2013, writes Martin Fabel, partner at A.T. Kearney Middle East.

2013 Roundup: Defining Quotes On The Middle East

A look back at some of the high-profile quotes that defined the GCC and the wider region in 2013.

Middle East Funds Most Bullish About Egypt Equities – Survey

The Reuters survey found that 47 per cent of managers were likely to put more money into Egyptian equities, up from 33 per cent in November.

Shuaa Capital CEO Macdonald To Leave Company

The company has not yet named a replacement for the CEO, but has announced other management changes.

Nakheel To Award Contract For The Pointe At Palm In Q1 2014

Dubai developer is currently evaluating construction bids for the retail and entertainment complex.

2013: A Year Of Mixed Fortunes

Which companies had a year to remember and which had one they would rather forget?

Reel Cinemas Receives 9m Visitors In 4 Years

The megaplex at The Dubai Mall marked 25 per cent growth in audience turnout this year compared to 2012.

Burj Khalifa Apartment Prices Soar 25% In 2013

Apartment prices at Burj Khalifa currently stand at Dhs3, 750 per square feet – a 50 per cent increase from February 2009.

UAE’s First Fully Built Satellite, Khalifa Sat, To Enter Orbit In 2017

Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum launched the project.

How Did Saudi Real Estate Perform in 2013?

Massive government spending is driving Saudi Arabian real estate growth, says Dr. Tobias Plate, senior partner at Roland Berger Strategy Consultants Middle East.

Al Habtoor Group Announces Major Board Reshuffle

The group has said that its hotels division board has been carefully planned with a mix of expertise to cope with growing business demands.

Emirates To Operate A380 On London Gatwick Route

The new service will be launched on March 30, 2014 and is expected to increase capacity by 36 per cent.

Exclusive Interview: Damac’s Boss On Rebuilding The Company

Ziad El Chaar, MD of Dubai-based property developer Damac, explains how the company has built itself back up in 2013, following structural damage in the real estate crash.

Encouraging Entrepreneurship

Start-ups are significant contributors to GDP and the job market but more need to be done to support them.

Gulf Stocks Bullish In 2014 But Economic Risks To Rise

Gulf markets are still around 15 to 50 per cent below the peaks reached before the financial crisis in 2008.