Search Results for: "dubai"

Starwood, MAF Sign Deal To Open Westin, Le Meridien Hotels In Bahrain

Both the hotels are scheduled to open in July 2014.

Whatsapp new privacy features

Middle East Banks “Scared” Of Social Media – Senior Banker

Lenders in the region must create effective social media strategies if they want to thrive in the future, say experts.

Dr Ahmed Samerai Interview: Give A Little

Alicia Buller meets up-and-coming film producer and all-round businessman Dr. Ahmed Samerai.

Aldar Considers Eventual IPO Of Property Management Unit

The Abu Dhabi real estate developer owns a 60 per cent stake in property management firm Khidmah.

Fourth Iranian Held In UAE Over Businessman’s Kidnap

Ali Rehmat Assadi will stand trial in the UAE on charges of abducting Abbas Yazdi, who went missing in June, a source said.

Middle East Air Passenger Traffic Grows 13.4% In February

The region saw the strongest passenger growth worldwide, IATA said.

Nakheel Awards Community Services Contracts Worth Dhs87m

The agreements cover 13 communities including Palm Jumeirah, The Gardens, Discovery Gardens, Al Furjan, and International City.

Different Arab money

Kuwait’s NIG Says Signs MoU To Sell 30% Of Noor For $99m

The deal will bring it a profit of 7.5 million dinars, the firm said in a statement to the Dubai bourse.

Barclays To Sell UAE Retail Ops To Abu Dhabi Islamic Bank For $177m

Abu Dhabi Islamic Bank said it would acquire 110,000 customers through the deal.

Foreigners Target Key UAE, Qatar Stocks Ahead Of MSCI Upgrade In May

MSCI will raise the UAE and Qatar to emerging market from frontier market status at the end of May.

The Hunt For Halal

As nations aspire to become global hubs for the Islamic economy, the Halal industry is not to be ignored

Frustrated Kuwaitis Ask, Why Is Kuwait Falling Behind?

The six parliamentary elections since 2006 and more than ten different governments

The UAE: A Thriving Japanese Car Market

The Japanese automotive industry is one of the most prominent in the world.

UAE’s Retail Sector Set For E-Commerce Explosion- Experts

Tech-savvy consumers will drive the growth of e-commerce in the country’s retail sector.

Emirates Launches App For iPad

The Emirates App will allow passengers to manage their booking, check in online and download their boarding pass.

UAE Resumed Projects Worth $12bn In 2013

Construction projects worth more than $23 billion were awarded in the UAE last year.

Bahrain Eyes New Rules For Islamic Financing Contracts

The move comes as part of a broader push to revamp Bahrain’s efforts in Islamic finance.

Arabtec Appoints New CEO For Egypt Subsidiary

Sami Asad, formerly the CEO of Arabtec’s Construction Group, will now lead the newly created subsidiary, Arabtec Egypt.

Five minutes with… Mazen El Zein, CEO And Founder, Crystal Group

Mazen El Zein, CEO and founder of Crystal Group, shares his insight into the UAE nightlife scene and the company’s planned venue launches this year.

Why Investors Should Consider MENA Equity Markets

Most regional markets performed strongly in 2013 and promise further growth, writes Salah Shamma, co-head, MENA Equity at Franklin Templeton.

UAE’s MAF Reports 11% Growth In Pre-Tax Profits

The company reported that its EBITDA grew 11 per cent to reach Dhs3.3 billion in 2013.

Saudi’s Algosaibi Estimates Assets At A Fraction Of Claims Against It

The company has invited more than 70 financial institutions to a meeting in Dubai to propose “a comprehensive settlement” with creditors.

Abu Dhabi Faces Up To Airport Capacity Challenges

Fast-growing airport must keep up with Etihad’s growth ahead of Midfield Terminal Building’s launch

GCC’s Sugar Stocks Appeal To Investors

The tenth anniversary of the Kingsman Dubai sugar conference was held as the fourth consecutive year of global sugar stocks increase.

Saudi Arabia’s Algosaibi Calls May Creditor Meeting -Bankers

The 2009 collapse of Algosaibi’s Bahrain unit, The International Banking Corp, and Awal Bank, owned by Saad Group, left an estimated $22 billion bank debt.

BT Accelerates Middle East Jobs Push

The telco is continuing to expand its workforce across the Middle East and Asia.

UAE’s Al Etihad Credit Bureau Says It’s Operationally Ready

The federal credit bureau will help financial institutions in the UAE check the creditworthiness of consumers.

Fuelling Start-Ups In The Middle East

Local initiative Turn8 is fuelling Dubai’s entrepreneurial scene with investor-demo days.

Emirates Receives 46th And 47th A380s, Launches A380 To Gatwick

Dubai carrier’s double-decker fleet now the size of some international airlines

UAE’s IT Spending To Top $4.6bn In 2014

The public sector will account for a major chunk of business IT spending in the UAE, a new report says.