Search Results for: "dubai"

5 minutes with… Carsten Schaeffer, VP Lufthansa EMEA

A quick catch up with the regional boss of the Germany’s national carrier.

Aldar Posts Three-Fold Rise In Q2 Profit

The Abu Dhabi developer reported a net profit of $113.8 million in the second quarter of the year.

Local Equities Pick Up Pace

Amid growing investor concern about the Eurozone, Riad Meliti, CEO, Arqaam Capital, remains firmly bullish.

Property Market Mixed Around The World

In the last of the property series, Meghna Pant, features editor of Gulf Business, examines the real estate performance of the Middle East and global markets.

Air Arabia Q2 Net Profit Up 31%, Shares Rise

The UAE’s largest low-cost airline saw gains from under-served routes last quarter.

New Investment Funds Regulation In The UAE

DIFC may no longer provide a gateway to the UAE financial market.

Exclusive: US Ambassador On Middle East Turmoil

American Ambassador to the UAE Michael Corbin speaks to Ian Fairservice and Alicia Buller about his hopes for Middle East economic stability.

UAE Selects Consultants As World Expo Bid Gathers Pace

Jones Lang LaSalle and Mace will support the development of the proposed site for the 2020 World Expo in Dubai.

Exclusive: KFC Boss On Middle East Expansion

David Novak, the man behind KFC and Pizza Hut, spills the beans on massive growth in the region and across the world.

Global Crisis Rewrites Education Rules

Business education will never be the same again writes Professor Alex Scott, director of teaching and learning, Edinburgh Business School, Dubai Campus

Emirates Says Qantas Deal Likely In Six Months

Emirates’ chairman Sheikh Ahmed bin Saeed al-Maktoum clarified that the deal will not include a revenue-sharing agreement.

Fitness First to create 300-400 new jobs

Health club chain on an aggressive expansion spree across the Middle East with a target of 100 clubs in the next five years.

Nakheel H1 Revenue Up 112% at Dhs3.1bn

The Dubai-based developer posts first half profits of $208.82 million, up 36 per cent from the same period last year.

GCC To Award $65.5bn Construction Deals In 2012

The UAE accounts for the largest share of the region’s construction market, according to new research.

Emaar profit rises 45% to Dhs1.2 bn, led by retail

Property giant Emaar reports 2012 profit rise citing Dubai’s strengthening economy.

Buy Now Before UAE Rents Go Up

Dubai Property oversupply is vanishing fast, says Peter Cooper, editor of

Fadi Arbid, CEO of Amwal AlKhaleej

Five minutes with… Fadi Arbid, CEO of Amwal AlKhaleej

Saudi CEOs Earn Highest Salary

Where is the best place to make your millions in the region? Gulf Business ranks the GCC states in order of highest earning potential.

Azerbaijani Bank Plans Qatar Presence

International Bank of Azerbaijan, the country’s largest lender, hopes to start operating in Qatar in the first quarter of 2013.

Branson Reveals Virgin’s London Tour Guide

The famous entrepreneur discloses his favourite places in the city, just in time for the Olympics.

GCC Not Yet ‘Luxury Tourist Hub’

Luxury retailers in the region need to innovate to attract savvy customers, says a new study by BCG.

Emirates In Alliance Talks With Qantas

Dubai’s flagship carrier is closer to a tie-up with the Australian airline, sending Qantas shares up eight per cent.

DIFC Benefits From “Safe Haven” Status

The Dubai International Financial Centre (DIFC) economy posted a ‘GDP’ of $3.13 billion in 2011, up seven per cent from 2010.

Top UAE Lenders Beat Q2 Estimates

Three of the country’s largest banks have all posted positive results with First Gulf Bank reporting a 14 per cent profit rise.

PineBridge Opens New MENA HQ In Bahrain

The new office of the global asset management company will be headed by ex-Mumtalakat CEO, Talal Al Zain.

Abraaj Names New CEO For Aureos

The private equity firm announced that Tom Speechley, senior partner at Abraaj, will take over as the CEO of UK-based Aureos.

UAE Has No Plans To Issue Bonds

Finance Minister Sheikh Hamdan says the country will fill any gap “from its own resources.”

Top Five Cities In The Middle East

Three UAE cities feature in the list that ranks cities on economic and social factors, labour rights and quality of life.

ENBD Q2 Profit Drops 13%

Dubai-based Emirates NBD made a net profit of Dhs647 million in the second quarter of the year.

Mashreq Posts 12% Rise In Q2 Profit

The Dubai-based bank made a second-quarter net profit of around Dhs320 million, mainly due to a drop in provisions.