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Technology Can Boost Financial Inclusion In The UAE

Providing financial services to those who can’t afford them is essential in the region, say experts.

UAE Firms Not Proactive About Cyber Threats

Experts said that having a reactive approach to cyber threats will prove expensive in the long run.

Emirates Starting Boston Flights Next March

Emirates keen to target New England trade and transfer traffic opportunities

Flydubai Launches New Daily Kiev Flights

Low-cost airline now flies to both Kiev airports and will start business class flights from the end of October

Mashreq Shares Surge On Rise In Foreign Ownership Limit

The lender announced on Wednesday that it was boosting the limit on foreign ownership to 20 per cent.

Etihad Airways Plans Major India Expansion

The Abu Dhabi-based airline plans to introduce more flights, more seats and new routes to India.

Dubai Islamic Bank Repays Dhs4bn Tamweel Liabilities

The lender is currently in the process of delisting Tamweel from the Dubai Financial Market.

Conrad Perks For Office Tenants

On-site tenants will be offered basic memberships and premium tiers for a monthly or yearly fee

Dubai’s Mashreq To Allow Foreigners To Own Up To 20% Of Shares

Foreign investors currently own only 1.9 per cent of the bank’s shares, as per DFM data.

UAE Developers To Build $4.5bn Residential Project In Baghdad

The project will be built in phases and can house up to 150,000 people.

Conrad Dubai Officially Opens

The 555-room hotel, located opposite The Dubai Convention & Exhibition Centre, will primarily target business guests

National Bank of Fujairah Launches Subsidiary In Hong Kong

NBF’s new entity will help facilitate expanding cross border flows between the UAE and China.

Emirates NBD Signs 5-Year Partnership With Manchester United

The Dubai-based bank is launching co-branded credit, debit and prepaid cards targeting the football club’s fans in the UAE.

80% Of UAE Investors Lack ‘Strong Investment Knowledge’

Most UAE investors do not seek professional financial advice, finds new study.

Dubai’s Damac Picks Banks For London IPO – Sources

Deutsche Bank and Citigroup Inc will advise on the planned flotation, two banking sources said.

UAE’s Just Falafel To Launch IPO On Nasdaq Dubai By October

The fast food chain is reportedly looking to offload around 25 per cent of its shares.

Dubai World Central Gets Regulator Approval For Passenger Take Off

UAE aviation regulator GCAA gives the green light for passenger flights from late October

UAE To Announce Bank Exposure Rules In 1-2 Months – Al Ghurair

Limits on banks’ lending for residential mortgages are expected to be announced by the end of this year.

Emirates Starting Daily Kabul Flights

Airline identifies demand for premium services between Dubai and Kabul

New Dubai Property Attracts Dhs100m Investment

Investors bought over half of the 140 apartments in the Burj Pacific development during a two-day sales showcase.

Dubai School Operator GEMS Plans To Raise $500m From Stake Sale

The education firm has admitted it is seeking to sell a 20 per cent stake to investors.

UAE Insurance Sector Set To Grow 10% This Year

Total premiums underwritten in 2012 were Dhs26.8 billion, up 9.5 per cent over the previous year.

First Gulf Bank May Bid For Barclays’ UAE Retail Arm – CEO

British lender Barclays decided to sell its retail banking business following a strategic review of UAE operations.

Almost 50% Of UAE Residents See Drop In Savings Over Last Six Months

Many residents also expect their personal finances to reduce or remain unchanged in the next six months, finds survey.

Abu Dhabi Airport Partners With Al Ain Football Club

Under the agreement, the Abu Dhabi Airports logo will feature on Al Ain FC club kits.

Emaar Launches Sale Of The Address Residence In Dubai

The new property includes fully furnished serviced residences in Downtown Dubai.

Emal’s Phase II To Create 1,000 Jobs

Emal will ramp up aluminium production upon completion of its phase II expansion.

UAE Banks’ Exposure To Government Highest Since 1970s

The UAE’s banking sector has extended $42 billion in credit to the government and GREs since the 2008 crisis, says BofA.

Update: Shares In Dubai’s Union Properties Surge After Trade Resumes

Trading was briefly halted after the developer failed to disclose the results of a board meeting.

Sheikh Mohammed’s New Book Highlights Leadership Strategies

Sheikh Mohammed’s latest book, Flashes of Thought, talks about time management, positive thinking and creativity.