Home GCC UAE

UAE

Dubai’s New Airport Seen Open To Passengers End-2013

The Al Maktoum International airport was originally due to open for passenger traffic in March last year.

Arab SMEs Must ‘Export Their Champions’

Experts at the Global Entrepreneurship Summit say MENA businesses must look beyond their borders.

3rd Global Entrepreneurship Summit Opens In Dubai

Members of the Dubai royal family and a message from Barack Obama open the two-day event.

UAE’s Etisalat Plans Midnight Launch Of iPhone 5

The UAE telecoms operator will officially launch Apple’s much-anticipated smartphone at 12 am on December 13.

UAE’s NBAD Plans Acquisitions In Expansion Abroad

National Bank of Abu Dhabi aims to be in 41 countries by 2021, compared with 14 right now, said a senior manager.

UAE’s Dana Gas Sets Out Restructured Sukuk Terms

The gas producer defaulted on its $920 million sukuk that matured on October 31.

Etihad Set To Buy 48% Stake In India’s Kingfisher Air

The deal is worth an estimated $550.3 million, according to Indian press reports.

Revealed: The Best Tailors In The UAE

Where to go for the best bespoke suits and shirts in the emirate.

Abu Dhabi’s Falcon Bank Eyes More Buys After Clariden Deal

Falcon Private Bank plans to acquire wealth management boutiques that manage between $500 million and $4 billion in assets.

UAE Sets Royalty Rates For Telecom Operators

While Etisalat has to pay a royalty of 15 per cent on its revenues, du will initially need to pay a revenue royalty of five per cent.

Cybercrime In UAE To Rise In 2013

Experts say companies and individuals in the country will face targeted cyber attacks next year.

Emirates’ London Heathrow Flights All A380

Combined with daily Manchester A380 services, the world’s largest A380 carrier will be sending 360 flights to and from the UK each month

GCC To Host First World Luxury Expo

Steinway Piano Gallery will be displaying a crystallised 1/6 scale model grand piano worth AED12 million for the first time

Emirates Invests AED73 Million In Premium Shuttles

The move reflects the increasing number of flights Emirates has on remote stands that are not connected to terminal airbridges – as well as the large number of premium passengers on board its widebody aircraft.

Accor Refocuses Al Barsha Strategy

Accor’s renewed focus in this fiercely competitive district follows yesterday’s announcement that its upscale Pullman brand will be reflagged Sheraton Mall of the Emirates early next year

UAE Approves New SME Law

The UAE cabinet has endorsed a new law that aims to support small and medium enterprises in the country.

Dubai Hills Is First Project In Dubai’s MBR City

Emaar and Dubai Holding unveil the first development in the ‘city within the city’.

David Beckham In Possible Middle East Move

The ex-Manchester United player has attracted the interest of Qatar and UAE-based teams.

Dubai Property Rents Up 17% In 2012

This year witnessed a turnaround for the emirate’s struggling real estate sector.

Russia’s Largest Bank Signs Deal With Invest AD

The agreement between the Abu Dhabi financial services firm and Sberbank is expected to facilitate more investment in both the regions.

Moody’s Downgrades Three Dubai Banks

The international agency has cut ratings for three lenders in the emirate, and put a fourth on review.

Dassault To Grow Middle East Fleet By 10%

Its best-selling Falcon 7X features a 5,950nm range which can serve most city pairs demanded by business aviation travellers

Ocean View Hotel Opening December 22

Located along The Walk, the 341-room property will contain five restaurants and bars

Dubai’s DAE Cancels Order For 5 Boeing 747-8 Freighters

Dubai Aerospace Enterprise had earlier ordered 10 747-8 planes and also has orders for seven 777 freighters.

Dubai Hotels See 87.1% Occupancy In October

Hotels in neighbouring Abu Dhabi posted a decline in occupancy and profit rates, says new survey.

Dubai World Central Events To Take Flight

MEBA conference will shine the spotlight on new airport – ahead of business aviation operations starting mid-2013

Emirates Flight Training Academy Targets 2014 Launch

Dedicated facility at Dubai World Central Airport will help meet demand surge for professional pilots

flydubai Shows Hollywood HD Movies

The low-cost carrier is the launch customer for the ‘Fiber-To-The-Screen’ system by Lumexis, enabling HD movies to be shown simultaneously in every seat back.

Air Arabia Launches Services to Iraq’s Basra

The low-cost carrier will fly three times a week between Sharjah and Basra.

Dubai Taxis To Apply Salik Charges

People using taxis in Dubai will have to start paying the Dhs4 toll from January.