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Gulf Business Industry Awards 2013: CEOs Of The Year

The winning CEOs of the year from media, IT, energy, tourism, retail, education, real estate, aviation and banking.

Spain’s La Liga Opens Dubai Office

The top Spanish league looks to strengthen its ties with the region as it seeks more Middle East sponsors.

Silicon Valley Start Up Uber Eyes Dubai Luxury Market

Uber has said that their services will only complement the local taxis and not compete with them.

Emirates May Sell Bonds Next Year To Help Pay For New Aircraft

Emirates has to raise $22 billion over the next four years to finance its aircraft deliveries

UAE, Saudi Economies To Show Steady Growth In 2014

UAE and Saudi economies are set to grow four per cent and 4.5 per cent in 2014 respectively.

Dubai August Airport Passenger Traffic Up 23.8%

Dubai Airports said the strong growth in August was the fastest in three years

REVEALED: The Gulf Business Industry Awards Winners 2013

The Gulf Business Industry Awards 2013 winners were voted for by a panel of independent, cross-industry judges.

Dubai Gold Trade Hurt By New Indian Import Tariffs

The Indian government has hiked the duty on gold bullion imports three times this year to a record 10 per cent

R Hotels Group Reveals Dhs1.5bn Expansion Plan

R Hotels group owns, manages and operates three hotels under the Ramada brand.

New BlackBerry Z30 Launches In Dubai

The smartphone, priced at Dhs2,499, goes on sale at the Dubai Mall BlackBerry store from September 23.

Former DIFC Banker Fined $20,000 For Fraud

Nikhil Das, a private banker, was found guilty of carrying out fraudulent transactions worth $8.4 million.

UAE’s Abraaj Exits Investment In Filipino Hospital

Abraaj’s exit in Daniel O. Mercado Centre was executed through a buy-back arrangement with the Mercado family.

Dubai Appoints DFM CEO Essa Kazim As New Head Of DIFC

Kazim, whose appointment is effective next Jan. 1, will replace current DIFC governor Abdullah Mohammed Saleh.

Emirates’ New Cargo Terminal On Schedule For Completion

Operations of the new terminal, located in Dubai’s new Al Maktoum International Airport, will begin in April 2014.

Emaar Launches New Palma Villas In Dubai’s Arabian Ranches

The Spanish-styled villas are part of a massive extension plan of Emaar’s Arabian Ranches community.

Countdown Begins For 2013 Gulf Business Awards

The second annual awards, to be held tonight, will recognise business achievement across various sectors in the UAE.

Dubai Oil Services Firm NPS Eyes Up To $700m From Potential Sale

A formal sale process for the business was initiated earlier this year, sources said

Pictures: Warehouse In Flames In Dubai’s Al Quoz 3 Area

The fire in a garment warehouse in Dubai’s Al Quoz 3 area gutted the building.

Massive Fire In Dubai’s Al Quoz 3

Dubai civil defence officials are still investigating the cause.

DMCC Becomes UAE’s Largest Free Zone

DMCC has around 7330 registered companies operating within it.

Dubai’s Bourse Comes Off Three-Week High

Dubai’s index falls one per cent to 2,641 points in early trade.

UAE Approves Dhs1.5bn Contracts For Emirati Housing Project

The project will build and renovate around 10,000 houses for UAE citizens across different emirates.

Dubai’s Ruler Establishes New Rental Dispute Centre

The centre will deal with legal rental disputes for properties located across Dubai.

Review: The Oberoi, Dubai

Dubai has welcomed a flood of international luxury hotel chains in the last decade, but The Oberoi Group is the first high-end Indian hotelier to hit the UAE’s shores.

Dubai’s Bourse Leads Region-Wide Gains After Fed Keeps Stimulus Steady

Dubai’s bourse rose 2.2 per cent to 2,666 points, its highest close since Aug. 26

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.