Oil prices rise as Iran backs output cap; UAE expects positive impact

Oil prices rise as Iran backs output cap; UAE expects positive impact

Several major oil producers have agreed to freeze output at January levels

India’s Axis Bank to boost remittance offering in UAE

India’s Axis Bank to boost remittance offering in UAE

Lender sets up dedicated hub for remittance partners

Developer Damac acquires Dhs 1.26bn of land near Dubai Canal

Developer Damac acquires Dhs 1.26bn of land near Dubai Canal

The plots are located close to the upcoming Dubai Canal

Construction begins on Bahrain airport expansion

Construction begins on Bahrain airport expansion

Project is part-funded by the UAE

Iran supports oil production 'ceiling'

Iran supports oil production ‘ceiling’

Country did not say whether it would freeze production

OPEC+ cuts that steadied market now bring risk of $100 crude

Iran’s OPEC envoy says ‘illogical’ to freeze oil output

Major oil producers Saudi and Russia calling for joint production cap

Oil output freeze by Saudi, Russia to have 'miniscule' impact on oversupply

Oil output freeze by Saudi, Russia to have ‘miniscule’ impact on oversupply

The move had no impact on UAE markets

Dubai’s DIFC welcomes 309 new firms in 2015, confident about 2016

Dubai’s DIFC welcomes 309 new firms in 2015, confident about 2016

The financial centre’s workforce is now close to 20,000

Abu Dhabi Financial Group ups GFH stake

Abu Dhabi Financial Group ups GFH stake

Investment firm previously 7.4% of GFH

Abu Dhabi growth “under pressure” as low oil prices hit spending – Moody's

Abu Dhabi growth “under pressure” as low oil prices hit spending – Moody’s

Declining spend on infrastructure likely to hit non-oil growth

Iran meeting to decide fate of oil deal

Iran meeting to decide fate of oil deal

Tehran is deemed unlikely to agree to a production freeze

First smartphone-based MBA launched for students in Dubai

London School of Marketing course will be available all over the world

Exchange houses hold talks with UAE Central Bank over new rules

Exchange houses hold talks with UAE Central Bank over new rules

New guidelines came into effect on January 1

Exclusive: Dubai airport's Concourse D opening date revealed

Exclusive: Dubai airport’s Concourse D opening date revealed

The facility underwent a public trial earlier this month

GCC healthcare market to be worth $70bn by 2020

GCC healthcare market to be worth $70bn by 2020

UAE expected to account for 26% of spending

Saudi, Russia, Qatar and Venezuela agree to freeze oil output at Jan levels

Saudi, Russia, Qatar and Venezuela agree to freeze oil output at Jan levels

Saudi oil minister says freeze is “adequate” for the market

UAE’s ENEC confirms unit one of nuclear plant over 84% complete

UAE’s ENEC confirms unit one of nuclear plant over 84% complete

Unit one is scheduled to begin operations in 2017

Oil up on Saudi, Russia meeting

Oil up on Saudi, Russia meeting

Oil ministers from both countries will meet in Doha today

UAE’s Fortes to open new school in Jumeirah Village Triangle this year

UAE’s Fortes to open new school in Jumeirah Village Triangle this year

Sunmarke School to offer smart technology and human values programme

Iran denies oil discount rumours

Iran denies oil discount rumours

Reports suggested the country was widening its oil discount for March

Sultan Al Jaber appointed ADNOC director general

Sultan Al Jaber appointed ADNOC director general

He replaces Abdullah Nasser Al Suwaidi

Emirates NBD approves 40% dividend

Emirates NBD approves 40% dividend

Bank’s chairman said its balance sheet remained strong

Nakheel confirms $170m investment in RIU hotel at Deira Islands

Nakheel confirms $170m investment in RIU hotel at Deira Islands

The 750-room ‘all inclusive’ resort is slated to open in 2019

Reviewed: Giardino restaurant

Giardino offers a tantalising brunch option for foodies in Dubai

Middle East e-commerce site Wadi.com raises $67m funding

Middle East e-commerce site Wadi.com raises $67m funding

The platform has operations in the United Arab Emirates and Saudi Arabia

Dubai World Central sees 45.2% drop in passenger traffic in 2015

Dubai World Central sees 45.2% drop in passenger traffic in 2015

Passenger numbers in 2014 were high because of DXB runway refurbishment

uae flag, UAE appoints Abu Dhabi Crown Prince’s son as chairman of State Security

UAE appoints Abu Dhabi Crown Prince’s son as chairman of State Security

Sheikh Khalid bin Mohamed bin Zayed will hold a ministerial rank

Dubai property market will see upturn in 2017- KPMG

Dubai property market will see upturn in 2017- KPMG

2016 will remain “challenging year” says report

Revealed: Most popular and most affordable areas to rent studios in Dubai

Revealed: Most popular and most affordable areas to rent studios in Dubai

The areas that command the least residential rental rates in Dubai, as compiled by propertyfinder.ae.

Poll: 66% of UAE residents say better banking standards needed

Only 34 per cent will recommend their bank to friends