Home next GCC next UAE

UAE

REVEALED: 10 Best Places To Work In The UAE

Logistics firm DHL tops the list in 2014, followed by Microsoft, as ranked by Great Place to Work Institute UAE.

EU Approves Amendment To Exempt UAE Citizens From Schengen Visa

UAE officials say procedures for exemption are almost complete.

Dubai Ruler Cleared By Report Into Horse Racing Doping Scandal

A report by Lord Stevens, the former Metropolitan Police chief commissioner, cleared Sheikh Mohammed of any wrongdoing.

UAE’s ENEC Gets Additional Approval For Nuclear Plants

The approval will help ensure that the units remain on schedule for commercial operations in 2019 and 2020 respectively.

ADNOC Slashes LPG Cylinder Prices In Northern Emirates

ADNOC has reduced the gas prices for the second time in two months.

Abu Dhabi’s Aldar To Refinance $2.2bn Debt This Year

The Abu Dhabi property firm is open to bank loans as well as bonds, according to the firm’s CFO.

RAK Properties Announces Dhs151m Profit In 2013

RAK Properties has said that the company is expecting a stronger performance in 2014.

Dubai’s DAE Leasing Firm Orders 20 Aircraft For Nearly $1bn

The order by DAE for 20 ATR 72-600s and options for 20 additional ones will see delivery between 2015 and 2018.

Abu Dhabi Developer Aldar Q4 Profit Rises 79%

Profit rose on the back of gains from the acquisition of Sorouh and handover of residential units.

Abu Dhabi-Owned Manchester City To Break Even This Season – CEO

The club’s CEO Ferran Soriano also confirmed that they did not breach Financial Fair Play rules in the last two campaigns.

Mubadala Says Assessing Options For $1.25bn Bond Maturity

The maturity is part of a $1.75 billion, two-tranche bond which the fund sold in 2009.

Richard Branson’s Advice To Governments: “Throw Staff Parties”

The Virgin Group founder was speaking at the Government Summit in Dubai.

REVEALED: The UAE’s Most Powerful Arabs

The two most powerful Arabs in the UAE both work across diversified sectors.

UAE Launches $1m Competition To Invent Unmanned Drones

The winner of the international competition will be announced in May 2014.

Dubai’s Damac Says Work On Trump Golf Course Proceeding “On Track”

The course is being designed by international golf course architect Gil Hanse.

Dubai’s Emirates To Ground Planes During Runway Work In May

The airline will ground 19 or 20 planes, Emirates’ president Tim Clark said.

Dubai’s Crown Prince Sheikh Hamdan Launches New 2021 Initiative

Under the new initiative, the government will “compete with the private sector” in terms of the caliber of service it provides.

Dubai Appoints Consultant For Expo 2020 Transport Requirements

The emirate has also hired a consultant for crowd management, confirms RTA chairman.

Abu Dhabi’s IPIC To Triple Emirati Workforce

IPIC will recruit UAE nationals for roles across a number of its projects.

Dubai House Prices To Reach Pre-Crisis Levels Next Year

The fast growth has raised concern about the potential of a property market bubble.

JP Morgan Cuts Banking Ties With Emirates NBD

The bank has severed relationships in its cash management business in the Middle East.

UAE Signs Agreement To Develop Intellectual Property Safeguards

The UAE has signed an agreement with the Korean Intellectual Property Office to ramp up its intellectual property protection mechanisms.

UAE-Led Group Expects To Sign $2bn India Power Deal

TAQA plans to take a majority stake in the plants while India’s IDFC Alternatives and PSP Investments will hold minority stakes.

UAE To Use Drones For Government Services

Fingerprint and eye-recognition security systems would be used to protect the drones and their cargo.

US Developer Reef Worlds Plans Underwater Project In Dubai

The new project, called Lost Cities, is expected to be unveiled in early March.

One-Third Of UAE Users Experience Mobile Device Theft – Survey

The majority of phone users in the UAE store important personal and official data on their mobile devices, according to a new survey.

Dubai’s Official Property Site To Auction Units Worth Dhs190m

The third auction from eMart will feature five high-end commercial and residential properties.

Dubai’s DFSA Obtains Court Orders Against Deutsche Bank

The bank was found in material non-compliance with requirements to produce information to the financial regulator.

Dubai’s Arabtec Holding To Set Up Five New Subsidiaries

Two of the units will focus on infrastructure projects, one on water and energy projects and one on the Egyptian market.

Dubai’s RTA Reveals 2014 Budget Of Dhs7bn, Plans 50 New Projects

Around 36 per cent of funds in the budget will be allocated to the traffic and roads agency while 33 per will go to rail agency, according to the RTA.