Search Results for: "dubai"

DIFC Looks To Asia For Growth

The financial centre welcomed 56 new companies in 2011 and is eyeing companies from emerging markets.

CME, Oman Fund Raise DME Stake

The cash injection into the Dubai Mercantile Exchange (DME) has diluted the stake of Dubai Holding.

HLG Wins $515mn Habtoor Contract

The Habtoor Leighton Group (HLG), part of Australian firm Leighton, will work on the $1.3 bn Habtoor Palace project.

Review: Rolls-Royce Ghost EWB

Nick Cooper could get used to ownership of Rolls-Royce’s Ghost EWB.

Australia Launches Mega GCC Drive

Victoria’s $16.5 billion tourism industry has benefitted from Emirates’ marketing efforts, which include the Melbourne Cup

DIFCI Hires Advisors For $1.25bn Bond

The DIFCI bond is in the spotlight as investors weigh Dubai’s refinancing risks in 2012.

Iran Could Survive Sanctions

Tightening sanctions against Iran look set to shrink its economy but it won’t be a knock-out blow.

Saudi Arabia’s Lost Cities

The New Economic Cities announced six years ago are yet to begin contributing to Saudi’s economy.

Emaar 2011 Profit Falls 27%

The company’s net profit in Q4 2011 increased by 161 per cent year-on-year.

MENA Gains Momentum

The region’s finances are back on track said the London Business School in Dubai.

ENBD Q4 2011 Profit Fall

The bank reported that net profit for the full year increased by six per cent from 2010.

Microsoft Will Not Take Over Nokia

The Finnish telco partnered with Microsoft in a bid to claw back market share last year

DGCX Volumes Rising

Dubai Gold and Commodities Exchange saw volumes increasing 95 per cent year-on -year in January.

A Royally Relaxing Time

Enjoy five-star treatment at Abu Dhabi’s Anantara’s Desert Island Resort & Spa wildlife sanctuary.

Emirates Eyes $517mn Loan

The airline is planning an Islamic loan facility to fund two of its planes, according to reports.

UNB’s Q4 Net Profit Drops

The Abu Dhabi lender’s profits fell 19.2 per cent to Dhs135 million during the fourth quarter of 2011.

UAE, Qatar Stop Trade Finance To Iran

The move follows the stringent financial and trading sanctions imposed by the US and EU on Iran.

UAE To Cap Credit Card Interest Rate

The UAE’s central bank is reportedly planning to limit credit card interest rate at 18 per cent annually.

MAF Launches $400mn Sukuk

The mall operator is undertaking several new projects across the Middle East this year.

Bahrain’s Gulf Air To Downsize

The airline’s CEO said that it was unlikely that the struggling carrier would be dissolved or sold.

Bagging The World

Sibylle Schoen, CEO of luxury brand Aigner, tells Aarti Nagraj the story behind her success.

UAE To See 4% Growth in 2012

According to the country’s Economy Minister, the Arab Spring has spurred growth in the UAE.

Kuwait To Privatise Stock Exchange

The move will make the bourse the second publicly traded stock exchange in the region.

Tim Hortons Hot For The UAE

Alicia Buller catches up with Paul House, executive chairman of iconic Canadian cafe, Tim Hortons

Bearish 2011 For UAE Stock Markets

The value of shares traded reached its lowest level since 2004.

The Art Of Occupation

The Art Palestine exhibition fuses artistic inspiration with wider motivations, writes Jonathan Sheikh Miller.

Google Growing In MENA

Gulf Business attends Google’s groupie day in Dubai and chats with managing director, Ari Kesisoglu.

GCC Railways On Track?

Billion-dollar railway projects are finally gaining momentum in Saudi Arabia, Qatar and the UAE.

Review: Jaguar XJL Supersport

It boasts all the luxury and ride refinement that you expect from a Jaguar, but the XJL also delivers serious performance and handling.

Review: Nissan Patrol

The Y62 Patrol offers more luxury while maintaining its solid off-road credentials.