Tanzania Eyes UAE Investors

The African country has invited the UAE to invest in industries relating to oil and gas exploration.

Etihad Welcomes Boeing Dreamliner

Abu Dhabi’s flag carrier has finally laid eyes on the Boeing 787 after ordering 41 of the aircraft for its future.

DGCX Trading Up 259% In May

Trading volumes at the Dubai Gold and Commodities Exchange amounted to $32.67 billion in May this year.

Flydubai Launches New Destinations

The carrier has announced new services into Eastern Europe as its reach across the region expands.

Samsung Eyes Mobile Top Spot

Exclusive: Eros, Samsung’s UAE distributor, says that the brand will soon lead the country’s mobile market.

Mashreq: “Dubai Will Be Back”

Exclusive full interview: Abdul Aziz Al Ghurair reveals why he’s going back to basics.

UAE Health Sector In Top 20

The United Arab Emirates has secured a top 20 world spot for spending per capita in the health sector.

Damas Delists From Nasdaq Dubai

Nasdaq Dubai’s future looks bleak as another stock delists ahead of MSCI’s upgrade announcement.

Gulf States’ SWFs To Fund IHH

Abu Dhabi and Kuwait in talks with Malaysian-based health company as potential investors for listing.

Dubai Stops ‘One Cheque’ Rents

A new survey finds that most landlords in Dubai now allow tenants to pay in two or four cheques.

Islamic Finance Innovation “Slow”

The Islamic finance industry needs to create new and diverse products to grow, says Noor CEO Hussain Al Qemzi.

Etihad Buys Virgin Australia Stake

Abu Dhabi-based Etihad buys a four per cent stake in the Australian airline for an undisclosed price.

Emirates Launches Vietnam Route

Dubai-based Emirates Airline has begun a non-stop daily flight service to Ho Chi Minh City.

UAE Confirmed As IRENA HQ

The country has signed a ‘permanent headquarters’ agreement with the renewable energy agency.

UAE Cuts 2012 GDP Growth Forecast

The UAE’s GDP will grow at around three per cent this year, the country’s economy minister has said.

Euro Effect Hits Dubai Bourse

Dubai’s general index drops two per cent to five-month low amid growing fears of the Eurozone and Iran.

DIFC Unit Gets $1.04bn Loan

DIFC Investments has secured a five-year syndicated loan to repay its Sukuk maturing this month.

Etihad Launches Brazil Flight

The Abu Dhabi-based airline announced that it will operate daily flights to Sao Paulo from June next year.

Abu Dhabi Airport Posts 22% Growth

Over 1.2 million travellers passed through the Abu Dhabi International airport during April 2012.

Emirates Goes iPad HD Ready

Dubai’s national carrier launches new entertainment software across its Boeing 777 fleet of aircraft.

Nakheel Posts Q1 Profit

The Dubai-based developer’s first-quarter revenue rose 159 per cent to Dhs1.35 billion in the first quarter of the year.

DIFC Unit To Sign $1bn Loan

The loan will be partly guaranteed by the Dubai government, according to sources.

Abu Dhabi Bank Opens UK Branch

Abu Dhabi Islamic Bank’s UK branch, located in an upscale development, hopes to target wealthy Gulf clients in Britain.

Top 10 IPOs In The GCC

Gulf Business rounds up the top IPOs issued in the region in terms of capital raised, as revealed by Ernst and Young.

Facebook Has 45m MENA Users

The social networking site has opened an office in Dubai to try and boost advertising revenues from the region.

UAE Issues Midday Work Ban

The ministry of labour has said that outdoor workers will get a two and a half hour midday break from June 15.

Emirates May Refinance Bond

The Gulf airline may refinance a $550 million sukuk, though repayment in cash is still an option.

Dubai’s Economy Grew 3.4% In 2011

Improving tourism and strong trade flows helped the emirate’s GDP reach Dhs306.2 billion last year.

Improved Water Service For UAQ

Committee approves Dhs755 million infrastructure projects in the UAE’s East Coast and UAQ.

ADNOC Acquires EMARAT Stations

Abu Dhabi oil company signs agreement for EMARAT’s fuel stations across five emirates in the UAE.