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Kuwait Sheikh Sues UBS For $21.4m In Dubai Court

Sheikh Meshal Jarah al-Sabah says the bank recruited him to scupper Vivendi’s bid to acquire Zain’s operations in Africa.

Dubai Airports CEO Paul Griffiths

Exclusive Interview: Paul Griffiths, CEO, Dubai Airports

Paul Griffiths explains why Dubai International will soon be the world’s largest airport and why high oil prices are not a bad thing.

The Lowdown: Dubai’s Biggest Mega Projects

Gulf Business brings you the mammoth developments that are set to change Dubai’s landscape.

UAE Start-Ups Have ‘Strong Fundamentals For Success’

Although there are only a limited number of start-ups in the country, the ones that exist are rapidly gaining momentum, says expert.

Abu Dhabi’s Merged Property Firms To Begin Trading On June 30

Aldar Properties and Sorouh Real Estate will trade as a merged entity with a capital of Dhs7.86 billion.

Gulftainer Acquires 51% Stake In Gulf Stevedoring

The acquisition allowed Gulftainer to assume full management of three Saudi terminals, located in Jeddah and Jubail.

Al Nasr Sign Holman From Premier League’s Aston Villa

The Australian midfielder is believed to have agreed terms with the UAE club and will undergo a medical.

First Gulf Bank Buys Dubai Credit Card Firm For $164m

The Abu Dhabi-based lender has acquired Dubai First from the debt laden Dubai Group.

Iran Seizes Two UAE Fishing Boats In Gulf

Twelve UAE nationals were arrested after the boats allegedly crossed into Iran’s territorial waters.

Local, Global Trends Boost Gulf Banks As Foreign Rivals Retrench

Gulf economies have ridden out the global financial crisis of the past five years more smoothly than many economists expected.

UAE To Try 30 Emiratis, Egyptians For Illegal Brotherhood Cell

Ties between Egypt and the UAE have been strained since the revolution that toppled veteran Egyptian ruler Hosni Mubarak.

UAE Regulator – Bourse Merger Would Have “Many Advantages”

The UAE has revived a proposal to merge its two main bourses in a state-backed deal that could boost trading.

Flydubai To Launch Business Class In October

Premium cabin will serve passengers seeking more on-board frills and entertainment

New BlackBerry Q5 To Make Global Debut In UAE

The new BlackBerry smartphone, priced Dhs1,499 will be unveiled in the UAE on June 20.

DP World Extends Maturity On $1bn Loan For Additional Year

The loan maturity has been extended to the second quarter of 2018 from the second quarter of 2017.

Special Report: Emirates Airlines Flying High

Emirates Airlines is on an unstoppable flight path, connecting Dubai to the world and generating mega-profits in the process.

Dubai Aims To Become Global Fashion Hub By 2020

The emirate, which recently announced a new design district, has now signed an agreement to create ‘Dubai Fashion 2020.’

BAE Hopeful For UAE Eurofighter Decision This Year

Dassault’s Rafale jets and the BAE Systems-backed Eurofighter have been locked in competition for the deal to replace at least 60 of the UAE’s Mirage fleet.

Pictures: Fire In Dubai Media City Building

Shatha Tower has evacuated its premises after a fire started in the basement of the building.

Loss-Making Abu Dhabi Tourism Company Sells Saadiyat Project

A joint venture between Mubadala and US-based Prudential Financial bought the residential project for an undisclosed sum.

UAE Revives Plans To Merge Stock Exchanges

The entire valuation and the structuring of the deal has already been completed, say sources.

Emirates’ A380s “Make A Lot Of Money” – Airbus CEO

Fabrice Brégier told reporters he was “very pleased” with the company’s relationship with Middle East airlines.

Etihad In ‘Advanced’ Equity Talks With JatAirways

Etihad has wasted no time in taking its commercial relationship to the next level, after starting daily flights between Abu Dhabi and Belgrade on Saturday

Abu Dhabi’s Masdar Launches Wind Farm In Seychelles

The 6MW Port Victoria Wind Farm is expected to power 2,100 homes in the island country.

Abu Dhabi’s Aldar Awards $1.1bn Contract To Arabtec

Construction of the Kazakhstan project is expected to be completed by 2017.

Abu Dhabi’s Waha Capital Buys 97% Stake In UAE Healthcare Firm

privately owned Anglo Arabian Healthcare for an undisclosed amount.

Revealed: Top 10 Gyms In Dubai

The top gyms in Dubai, how much they charge and what they offer.

Dubai-Based Businessmen Named In HM Queen’s Birthday Honours List

Mark Beer becomes an OBE and Joseph Tabet an MBE, in recognition of their work to promote UAE-UK ties

Etihad Starts Belgrade Services

The route is operated as a codeshare with Serbian national carrier, JatAirways.

Max Burger In Dubai: Taking A Big Bite

Richard Bergfors, CEO of the Swedish chain Max Burger, which recently launched in Dubai, tells Aarti Nagraj why he is confident of success.