Search Results for: "dubai"

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GCC Markets Grow Due To Economic Diversification

The UAE is expected to grow strongly owing to the recovery of sectors like financial services and construction.

Rents Rise 20% In Abu Dhabi As Relocation Takes Effect

Average sales prices have also gone up, but there’s no bubble in sight, says Asteco report.

Abu Dhabi vs. DIFC: Battle Of The Freezones?

Will Abu Dhabi’s new financial zone look to rival its Dubai neighbour? Or will collaboration between the two be a wiser move for the region?

Cityscape Global 2013: What To Expect

This year’s event will cover more than 25,000 sq metres, an increase of 50 per cent on last year and Cityscape’s largest size in four years.

The Changing Landscape of Saudi Arabia’s F&B Industry

International food event to showcase Kingdom’s market potential.

UAE Financial Heads Woo London’s City Bankers

Despite a lack of local knowledge, UAE financial heads are increasingly looking to recruit top tier talent from the UK.

UAE’s Ajman Bank Sacks Chief Executive

Ajman Bank, one of the smaller lenders in UAE, announced it had hired Mohammed Zaqout as chief executive on April 8.

Banking On Gulf Wealth: Private Banking Special Report

The region’s private wealth industry is enjoying accelerated growth, as nationals bring their cash home to roost and domestic riches grow.

A Brand New Claw: Markus Thesslef Interview

Dubai restaurateur Markus Thesslef speaks to Gulf Business about his latest venue, plans for a hotel and the region’s F&B bubble.

Salalah Embarks On Massive Infrastructure Development Drive

The once-sleepy port city has put itself on the map by expanding its infrastructure and cultivating thriving global companies.

Private Banking Special: Arjuna Mahendran, Emirates NBD

Emirates NBD has lowered its bad debts forecasts and paid back Dhs7.8 billion of crisis-era funding to the Ministry of Finance.

Pearls For Profit: The UAE’s Pearling Industry

Dubai goes back to its roots and targets commodities traders with a local pearl auction.

Private Banking Special: Arnaud Leclercq, Lombard Odier

Lombard Odier plans to increase its assets in the Middle East to 20 per cent of its global business by the end of 2017.

UAE Records Highest M&A Deal Value In The Region

Deal value in the third quarter touched $19.1billion, up 99 per cent compared to the same period last year.

Private Banking Special: Pierre Masclet, Credit Agricole Suisse

Having roughly $54 billion assets under management, private banking contributes to around 70 per cent of the total group’s revenues.

ME Funds Bullish On Saudi But Cautious On UAE

Investors have become less bullish on Dubai’s markets as they believe most of the stocks are now fully valued.

UAE Bourse Merger Gathers Steam As Advisers Hired

Talks on a tie-up between the Dubai Financial Market and the Abu Dhabi Securities Exchange have occurred on and off since 2010.

Private Banking Special: Daniel Savary, Julius Baer

Julius Baer’s total client assets amounted to CHF 304 billion ($321 billion) at the end of June 2012, with assets under management accounting CHF 218 billion for ($230 billion).

Rera Warns Real Estate Brokers Against Telemarketing

Real estate brokers found flouting the rule will be fined after Rera received repeated complaints from property owners and developers.

Wyndham To Launch First Hawthorn Suites in Region

Extended stay brand will target executives on long-stay business and Gulf families.

Emirates Expands East And West

Carrier starts the new month in top gear by launching services to Clark in the Philippines, a new route between Milan and New York and its first A380 service to Brisbane

Biz-Group Named Best SME To Work For In UAE

The annual study assessed the level of credibility, respect, fairness, pride and camaraderie within an organisation.

Private Banking Special: Eduardo Leeman, Falcon Private Bank

The Swiss bank has 40 years of wealth management experience and is owned by Abu Dhabi government vehicle Aabar Investments.

Ex-DIFC Exec Fined $7,500 For Falsifying Information

Tareck Fouad Farah was found guilty of issuing a letter containing false information.

Vodafone Consortium To Launch 1,400km Fibre Network In Gulf

Vodafone, Kuwait’s Zain, UAE’s du and Kuwaiti internet service provider Zajil will create the Middle East-Europe Terrestrial System

Damac Launches Paramount Project In Riyadh

Damac Towers by Paramount Hotels & Resorts will offer 215 units of serviced residences, from one to three-bed apartments.

Private Banking Special: Khaled Sifri, Emirates Investment Bank

Founded in 1976, EIB changed its strategy away from pure asset management to a wealth management platform offering private and investment banking services to a broader client base.

Arabtec Hikes Worker Salaries By 20% Following Wage Strike

Arabtec has raised the salaries of 36,000 workers across its projects nationwide.

Emirates Opens VIP Lounge At Bernabéu Stadium

Exclusive lounge enables guests to unwind before, during and after games.

Airbus Exec: Asian, Gulf Banks Fill Void In Plane Finance

Airbus has recently raised its 20-year jet demand forecast, saying the world needed to double its fleet to meet demand.