Search Results for: "dubai"

Hallowed Be Thy Plane

EXCLUSIVE: Bruce Dickinson gives an interview to Gulf Business and discusses his double-life as a commercial airline pilot.

Emirates Launches Vietnam Route

Dubai-based Emirates Airline has begun a non-stop daily flight service to Ho Chi Minh City.

UAE Confirmed As IRENA HQ

The country has signed a ‘permanent headquarters’ agreement with the renewable energy agency.

DIFC Unit Gets $1.04bn Loan

DIFC Investments has secured a five-year syndicated loan to repay its Sukuk maturing this month.

The Power List GB 2012

Gulf Business presents the world’s most influential Arabs.

Emirates Goes iPad HD Ready

Dubai’s national carrier launches new entertainment software across its Boeing 777 fleet of aircraft.

Nakheel Posts Q1 Profit

The Dubai-based developer’s first-quarter revenue rose 159 per cent to Dhs1.35 billion in the first quarter of the year.

DIFC Unit To Sign $1bn Loan

The loan will be partly guaranteed by the Dubai government, according to sources.

Top 10 IPOs In The GCC

Gulf Business rounds up the top IPOs issued in the region in terms of capital raised, as revealed by Ernst and Young.

Facebook Has 45m MENA Users

The social networking site has opened an office in Dubai to try and boost advertising revenues from the region.

Kuwait’s Global Posts Q1 Loss

Kuwait’s Global Investment House saw its net loss narrow to $39.3 million in the first quarter of 2012.

Emirates May Refinance Bond

The Gulf airline may refinance a $550 million sukuk, though repayment in cash is still an option.

DIFC Deposits Continue To Grow

Warnings for oil consumption and equities markets amidst growth of deposits and loans from DIFC companies.

UAE Plans Multiple Entry Visa Permit

The country plans to introduce multiple entry visas for cruise tourists by September this year.

JAFZA To Repay $2bn Sukuk Early

A majority of JAFZA’s stakeholders have consented to the early redemption of the Sukuk, due in November.

The Secret Of Serviced Offices

Serviced offices are ideal for start-ups, writes Prajit Arora, managing director of Sentinel Business Centres.

MENA Banks Need Capital Boost

A new report states that 20 per cent of MENA banks need capital to meet the Basel III banking requirements.

Nationals Snap Up Qatar Property

Real estate projects in Qatar are not yet seeing an interest from global investors, say industry experts.

Etisalat To Cut Rates By 30%

UAE telecoms operator Etisalat will reduce international call tariffs from the second half of 2012.

The Ascent Of Aluminium

The GCC’s share of global aluminium production could reach ten per cent by 2022, but the sector faces hazards.

Revealed: Fantasy Arab Football Team

Gulf Business takes a look at several Arab-funded football clubs and picks a fantasy team purely of Arabian funding.

DIFCI $1bn Loan Near

DIFC Investments close in on a $1 billion dollar loan to refinance an upcoming sukuk maturing in June.

Abu Dhabi Picks Banks For Merger

Four banks have been chosen as advisors for the proposed merger been Aldar and Sorouh, according to sources.

DIB Releases New Sukuk

A deal for a new Islamic bond from DIB is being arranged by a host of local and global banks.

Drake & Scull Eyes $300m Iraq Deal

The contract will be an oil and gas project to build a pipeline in Basra, said the company’s CEO.

Euro Fears Curb Gulf Rebound

Mounting concerns around a Greek exit from the Euro have dampened Gulf economic sentiment.

Nakheel Plans New Housing Project

Financing has been secured for the new project on Dubai’s Palm Jumeirah, said Nakheel’s chairman.

UAE Faces $30bn Debt Wall In 2012

According to the IMF, UAE’s state-related entities have a “significant” amount of debt maturing in the next few years.

Doha’s New Heart Takes Shape

Peter Shaw-Smith takes a walk through Msheireb Downtown, Qatar’s billion-dollar city centre project.

Greece’s Exit Will ‘Rattle’ GCC

If Greece leaves the Euro next month the impact will be indirect but significant for the Gulf, say experts.