Search Results for: "dubai"

Special Report: GCC Luxury Watch Market

Strong growth projections, new models and boutique openings signal a rosy 2013 for luxury watches.

Are You Paid According To Your Skin Colour?

Asians can expect to earn 26 per cent less than Westerners according to the Gulf Business Salary Survey.

UAE’s First Online Shopping Mall Goes Live

Retail plays an important role in the UAE’s economic growth, accounting for 12 per cent of Dubai’s GDP over the last ten years.

WEF Energy Report Leaves Out OPEC Members

The top 50 list of countries adjusting to future energy sources does not include any OPEC states.

McDonald’s Arabia: “No Horsemeat In Our Products”

Products are tested externally and internally to ensure that “quality is maintained” says regional head.

Emirates’ Perth Flights Go Triple Daily

Latest capacity increase means the airline’s services have grown more than five-fold since it first flew to Perth in 2002

GCC’s Appeal Sees Rise In M&A Deals

Regional M&A activity spiked in 2012 as global investors looked outside the West.

Bahrain’s Gulf Air Cuts 15% Staff In Restructuring

The struggling carrier said further adjustments would be made across all levels of its organisation.

Al Habtoor And Accor Mull Partnership

Al Habtoor has talks with global operator about potential projects at home and abroad

Zain To Offload Stake In Iraqi Unit Through IPO

The company expects to finalise details of the initial public offering by the end of June.

Gulf Investors To Bid $2.3bn For Arsenal FC

Qatar and UAE-backed investors are expected to make what will be the largest ever bid for a football club.

Arabtec’s New CEO Says Aabar Not Seeking Stake Increase

Abu Dhabi investment fund Aabar has a 22 per cent stake in the Dubai-based contractor.

Special Country Report: Oman

As its oil reserves dwindle, is Oman’s focus on diversification and privatisation enough to keep the economy ticking?

Crowded Skies Hindering GCC Airports Growth

As airlines and airports in the GCC expand, air traffic management is becoming a serious concern, say experts.

Qatar Finds Vast Building Plans Need More Than Money

Two years after Qatar won the right to host the World Cup, little work on many of the big projects has actually started.

Is The GCC’s Advertising Industry Comparable To Global Standards?

Peter Bidenko, regional executive creative director, Leo Burnett UAE, Kuwait and Lower Gulf and Ali Ali, independent director, lead the debate.

Emaar Reports Strong Investor Interest For New Property

Dubai-based developer says its website received traffic from 75 countries for online registration for The Address Residence Sky View.

MAF Investing Dhs140m In City Centre Residence

Salman Haider, executive managing director of hotels at MAF, said work will start at the beginning of 2014.

UAE Central Bank Head – “Domestic Bond Market Essential”

Sultan Al Suwaidi said that a well developed local debt market would buffer the country from the next global economic crisis.

Arabtec Tumbles After Massive Capital Raising Plans

The contractor also replaced its chief executive as part of a shakeup driven by investment fund Aabar, its largest shareholder.

Abercrombie & Fitch To Launch In Middle East With MAF

American fashion house will open a Hollister store in Mall of the Emirates in Q3 of this year.

Marriott To Open 49 New MENA Hotels By 2017

The hotel group is officially launching the world’s tallest hotel, the JW Marriott Marquis Dubai, tonight.

Gold Continues To Shine Bright

Even as overall investor sentiment rises in the Gulf, gold has lost none of its shine.

“Being Global Doesn’t Matter” – Frost & Sullivan

The GIL 2013 event in Dubai highlighted the importance of visionary innovation and megatrends in business.

Chinese Bank ICBC ME Posts 69% Rise In 2012 Profit

Industrial and Commercial Bank of China’s Middle East unit posted a pre-tax profit of $54 million in 2012.

GCC Food Consumption To Hit $106bn By 2018

Food is the largest segment of consumer expenditure in the region and stood at $83 billion year-end 2012, says new report.

Pictures: $75M Swiss Penthouse Targeted At Gulf Buyers

In return for their multimillion franc investment, owners will receive “full on effortless living”

Exclusive: Aujan To Expand Into Asia, Africa

The Saudi-based juice manufacturer, which signed a $1 billion deal with Coca-Cola in 2011, plans to launch Rani and Barbican brands in international markets.

Arqaam Hires Ex-Credit Suisse Banker To Head Equity Sales

Wafik Nsouli will take charge as executive director and head of institutional equity sales

UAE’s Tabreed To Issue Bonds To Mubadala As Dividend

The Dubai-listed company has proposed to pay a cash dividend of 5 fils per share to its shareholders.