Experts warn that lenders have to quickly move beyond conventional channels to survive in today’s digital age.
Jim Moaddab, COO at F&B specialist Caramel Group gives his insight into the company’s expansion plans and the UAE restaurant market.
The project will also include serviced apartment buildings, nine hotels and a marina.
Local restaurant chief warns the Emirates’ F&B market is being spread too thinly.
The deal, expected to be in place by the end of 2014, will intensify competition between the two telcos in the UAE.
Only 20 per cent of the funds surveyed expect to increase their allocations to UAE equities in the next three months.
Hasan Ismaik, who took charge early last year, previous held an 8.03 per cent stake in Arabtec.
The Dubai carrier will also deploy larger Boeing 777 aircraft to Delhi and Hyderabad
The three-year contract has the potential to supply up to around two billion cubic meters over its term.
The Dubai-based contractor will provide MEP services for the Plaza View project, a mixed-use development.
The 372-room hotel is part of the developer’s 28,000 square metre expansion of the Ibn Battuta mall complex.
Internet penetration will increase to 51 per cent from 32 per cent in 2012.
The project is intended to increase the quantity of water flow and ensure continuity of supply for current and future projects in Dubai.
UAE contractors United Engineering Construction and Actco General Contracting Company win contract to build the new complex, located in Palm Jumeirah.
Etisalat and rival du have been unable to reach an agreement over network-sharing in the UAE despite beginning talks in 2009.
If previous ‘one offs’ are an indicator, it may not be long before Austrian travellers fly on the airline’s A380s regularly.
The US carrier will be dropping Doha from its triangular Washington-Doha-Dubai service from August 30.
Bangalore is also emerging as a property investment hotspot for Indian residents in the UAE, finds new survey.
Gulf Contracting Company, in a joint venture with ALEC Qatar, won the contract for the mega project.
Regional telecom operators are grappling with new business models and growing competition. Enterprise provider SAP says it can help.
As global foreign direct investments grow, the UAE is hoping to grab a significant portion.
The emirate saw a 4.5 per cent rise in prices during the first quarter of 2014.
The restructuring will allow the real estate developer to reduce its short-term loans by 39 per cent.
Losses were cut by retiring aircraft, closing eight routes, reducing staff expenses and renegotiating over 2,000 contracts with suppliers, it said.
The carrier placed a surprise order for 50 more of the jumbo jets during the Dubai air show in November.
The lender received approval from the UAE central bank 10 days ago, confirms CEO.
The firm saw a rise in fees from its asset management, investment banking and brokerage businesses.
You can tell the model to find directions, set an alarm or open YouTube
For the third time in a row, Prince Alwaleed tops Gulf Business’ list of the region’s most influential people.
It will be ICBC’s fourth branch in the Gulf Arab region after Doha, Abu Dhabi and Dubai.