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Twitter In GCC, Dubai Earthquake Frenzy

Social media users reported their ‘experiences’ of the earthquake tremors in a flurry of tweets.

Earthquake In Iran Felt Across Dubai, GCC

An earthquake measuring a magnitude of 6.3 struck on Tuesday 60 miles south of the city of Bushehr in Iran.

Sharjah Islamic Bank To Issue $500m Sukuk

Lead arrangers released official price guidance at 3.125 per cent after suggesting the low three per cent area as an indicator.

UAE Soccer Chief Criticises Asian Olympic Body

Yousuf Al Serkal is one of four candidates vying for Asian football’s top job.

Etisalat Says Unblocks Skype Website

The UAE telecoms operator had been blocking Skype, the free internet-to-internet phone calls site, for several years.

Emaar Launches First Project Within Mega-Development Reem

The developer will launch the sale of 188 townhouses in Mira this month.

Emirates Flying Milan-New York From October 1

Italian Civil Aviation Authority has authorised the services, an extension to one of Emirates’ existing triple daily flights, on an extra-bilateral basis.

Ajman Bank’s Acting CEO Resigns

Mohammad Zaqout, previously executive vice president of personal banking at Al Hilal Bank, will be the new chief executive.

Etihad-Aer Lingus Codeshare Gains US Regulatory Approval

Etihad passengers flying on Aer Lingus’ planes to New York and Chicago can now pre-clear US Customs and Border Protection in Dublin

Sir Maurice Flanagan Retires From Emirates

Executive Vice Chairman who has been pivotal in managing Emirates’ growth in the last 28 years stepped down from his position on Sunday

Abu Dhabi’s Kizad Awards Dhs100m Contract to UAE Firm

Khalifa Industrial Zone Abu Dhabi has awarded a deal to construct phase 1 of its pre-built warehousing to UAE’s System Construct.

Etisalat Lines Up $8bn Loan For Vivendi’s Maroc Stake Bid

French media group Vivendi aims to offload its 53 per cent holding in Moroccan firm Maroc.

The GCC’s Health Scare

The regional president of Medtronic, one of the world’s biggest medical companies, explains the Gulf’s health timebomb.

Etihad Airways Q1 Passenger Revenues Up 19%

Passenger revenues at Etihad totalled $900 million in the first quarter of 2013, compared with $758 million a year ago.

Bad Weather In UAE Delays Flights

Heavy rains and thunderstorms have delayed flights operating to and from the country.

Dubai Islamic Bank Repays Dhs3.7bn To UAE Finance Ministry

The bank received the deposit in 2008 to boost its financial strength during the financial crisis.

Is Cyprus Too Small To Matter?

With the Euro bailout of the island country of Cyprus what are the implications for the UAE and Middle East?

Indian PM To Visit UAE In Early August

Manmohan Singh’s visit will be the first by an Indian prime minister in over three decades.

RAKBANK Chief Exec To Retire, Replaced By Lloyds Banker

Ian Larkin of Lloyds will replace Graham Honeybill, who will become a non-executive director.

Abu Dhabi’s Mubadala Signs $2bn Refinancing

The three-year revolving credit facility attracted a total of 19 international lenders and replaces a $2.5 billion loan agreed in 2010.

Exclusive Interview: Colm McLoughlin, Executive Vice Chairman, Dubai Duty Free

With $16 million sales per day, is Dubai Duty Free’s success about being in the right place at the right time or a shrewd business strategy?

UAE Relaxes Travel Restrictions On Canadians

The UAE withdrew its visa waiver for Canadian citizens more than two years ago amid a dispute over landing rights.

“I Eat A Burger Everyday,” Says Max Burger CEO

The Swedish burger chain recently opened its first store outside Scandinavia in Dubai.

Dubai Duty Free Sales Up 12% In Q1

The airport retailer recorded sales of Dhs1.6 billion in the first three months of the year.

Dubai World Central To Open For Passengers In October

Dubai’s second airport will operate five runways and have a capacity of 160 million passengers a year.

National Bank Of Abu Dhabi Names ANZ’s Thursby As CEO

Alex Thursby succeeds Michael Tomalin who after 14 years at the helm will remain in a non-executive director’s role.

Dubai Developer Damac Plans IPO – Sources

The IPO plan is reportedly at an initial stage and it is not clear whether the listing will be in Dubai.

Dubai ‘Central’ To Emirates-Qantas Partnership Success

Emirates President Tim Clark highlighted the importance of Dubai as a trading hub at last night’s gala dinner.

Abu Dhabi’s Western Region In $500bn 2030 Output

A strategic guide for all the development initiatives in the Western Region has been devised under a framework called Al Gharbia 2030.

Etihad Starts Washington DC Flights

The Abu Dhabi carrier will also open a $6.8 million premium lounge this week in Terminal A at Dulles Airport for first and business class passengers