Search Results for: "dubai"

Expert Slams Crowdfunding As A ‘Fad’

Will crowdfunding work or is it just a fad that will wither away in time?

Surging Gulf Arab Car Sales Underline Consumer Boom

Dubai’s foreign trade in motor vehicles jumped 18 per cent to Dhs32 billion in the first half of 2013.

Cobone Rebrands Its Travel Arm As Triperna

Cobone is looking to tap into the Gulf’s booming online travel industry by offering greater features.

Accor Opens Fifth Novotel In UAE

The 466-room property will target ‘new Dubai’ businesses as well as value-seeking business travelers.

Egypt Impacts Marriott MEA RevPAR

Global operator wrestles with “difficult market” but remains committed to MEA expansion.

Drake & Scull’s Q3 Profit Misses Forecasts

The Dubai company reported a net profit of Dhs23.8 million for Q3, compared with a profit of Dhs3.9 million in the corresponding quarter in 2012.

New Qatar Spending Rules To Avoid State Debt Overload

Qatar’s planned spending over the next decade could destabilise the economy by inflating real estate prices and saddling companies with excessive debt.

Jaguar Land Rover: Gearing Up For 2014

Jaguar Land Rover’s sales director for MENA, Justin Weaving, spoke to Gulf Business in the lead up to this week’s Dubai Motor Show, from November 5 to 9 at Dubai World Trade Centre.

Emirates Starts Sialkot Services

Dubai carrier is eyeing a wide range of export opportunities.

Mövenpick Hotel Jumeirah Lakes Towers Opens

Swiss operator’s sixth Dubai property is an “unpretentious” addition to the New Dubai scene.

Abu Dhabi Property Prices Rise 5% In Q3

Abu Dhabi’s property prices have risen throughout the year as rents have stabilised due to continued demand.

Fairmont The Palm Opens Art Suite

Rotated on a quarterly basis, the suite will be home to works selected by Showcase Gallery.

Revealed: Top 5 Companies In The UAE 2013

The biggest businesses in the United Arab Emirates, valued by market capital.

UAE Ranks 8th In The World For Buying Global Property

A new report shows investors from the Emirates favour London, Paris and Geneva for overseas property.

UAE Banks To Get 5 Years To Obey Exposure Rules

The UAE central bank plans to restrict the amount of exposure banks can have to the debt of government-related entities.

Damac Announces $500m London Share Listing

Citigroup and Deutsche Bank are joint bookrunners for the offering.

Rolls-Royce ME To Unveil World Exclusive ‘Chicane’ Edition

The luxury car maker will unveil the one-of-a-kind Phantom Coupe at the Dubai Motor Show this week.

Etisalat Launches iPhone 5S In UAE November 3

Etisalat is running a trade-in option, allowing its customers to exchange their old iPhone 5 or 4S devices for discounted rates on the new range.

Expo 2020 – What Is It And Does It Affect Me?

The knock on effect of a successful bid is a predicted 277,000 jobs for the region, says John Bailey, financial planner at Acuma Independent Financial Advice.

Morgan Stanley Sees Worst Over For Middle East Banking

The American bank is targeting clients looking for advice on complex transactions that require global expertise

Tale Of The Tumbling Rupee

A rise in capital outflow and a rise in Indian import taxes will bite the UAE.

Emirates, Qantas – Friends For Life?

Over six months have passed since Dubai’s Emirates signed a codeshare agreement with struggling Australian carrier Qantas. Gulf Business explores the impact of the deal.

St. Lucia: The Land Of Sea, Jungle And Surprise

The intoxicating island offers the perfect mix of adventure and relaxation, writes Sara Hamdan.

Mashreq Predicts Smart Banking Retail Boom

UAE bank predicts a boom in the retail sector next year through smart banking initiatives.

Gulf’s Tech Market “White Open Field” – Dell President

Marius Haas, president of Enterprise Solutions at Dell, spoke exclusively to Gulf Business at Gitex Technology Week 2013.

Du CEO: Telecom Network Sharing Deal At Impasse

Osman Sultan voiced frustration at the impasse more than four years after talks between the companies began.

Jumeirah Opening St. Petersburg Hotel In 2016

Luxury operator will seek to capitalise on the brand’s popularity among Dubai-bound Russian travelers.

Mashreq Posts 34% Profit Rise

The lender reported profit of Dhs1.3 billion for the first three quarters compared to Dhs970 million in the same period last year.

Property Mortgage Caps Encourage ‘Responsible Lending’

The government’s latest regulation highlights the importance of responsible financing and purges the overactive mortgage providers.

UNB’s Q3 Net Profit Falls 15%, Misses Forecasts

Net profit for the first nine months of this year fell to Dhs1.44 billion from Dhs1.47 billion in the prior-year period.