Home next GCC next UAE

UAE

Abu Dhabi Approves 13 Development Projects In Q1 2014

Residential space accounted for 70 per cent of the total area of approved projects.

LuLu International Invests Dhs55m To Launch Galito’s Restaurant Chain in UAE

The franchise agreement includes plans to setup 15 restaurants in the UAE over the next four years.

Dubai Index In Biggest Gain In 8 Months, Property Leads Rebound

The measure is now up 43.9 per cent this year and has tripled since the start of 2013.

Abu Dhabi Confirmed As First Location for Star Wars: Episode VII

The seventh installment of the popular movie series is due to premiere in December 2015.

Etihad Opens Sydney Premium Lounge

UAE carrier’s two-level facility offers free wifi and is the airline’s first lounge in Australia

UAE’s Etisalat Bids For Maroc Telecom Minority Shareholdings

Etisalat bought Paris-listed Vivendi’s stake in Maroc Telecom last week for $5.7 billion.

UAE Receives First Nuclear Energy Reactor Vessel

The country’s first nuclear energy reactor is on track to begin operations in 2017, say officials.

Nokia XL On Sale In The UAE, Priced Dhs589

The smartphone is the premium offering within the affordable Nokia-X range.

Etihad Regional Adds Five European Destinations

European expansion will feed traffic onto Etihad’s daily Zurich-Abu Dhabi flights which start June 1

Emirates Could Buy More A380s If Airbus Revamps Jet – Executive

The carrier placed a surprise order for 50 more of the jumbo jets during the Dubai air show in November.

Abu Dhabi Islamic Bank Gets Regulator Nod for Barclays UAE Buy

The lender received approval from the UAE central bank 10 days ago, confirms CEO.

Bollywood Film Bang Bang Completes Abu Dhabi Shoot

The Indian movie, starring Hrithik Roshan and Katrina Kaif, is scheduled for release on October 2.

Emaar, Vogue Plan Second Dubai Fashion Event In October

The three-day Vogue Fashion Dubai Experience, to be held in Dubai Mall, will include a talent hunt for 20 emerging designers.

First Look: Motorola Moto X

You can tell the model to find directions, set an alarm or open YouTube

Stock News: Dubai Extends Drop In Volatile Trade

Dubai’s index fell 5.5 per cent on Monday, its biggest drop in eight months.

World Free Zones Organisation Launches In Dubai

The global NGO, headquartered in Dubai, aims to boost international awareness of free zones.

UAE To Try Nine People For Recruiting Militants To Fight In Syria

Official news agency WAM said members of the cell had “collected funds and channelled them to a terrorist organisation, the al-Nusra Front”.

UAE’s Lulu To Invest $200m On Halal-Only Hypermarkets In Malaysia

The supermarket chain plans to open five outlets across Malaysia in the next two years.

Sony Xperia Z2 Launches In UAE, Saudi

The waterproof smartphone is priced at Dhs2,699 in the UAE.

Aldar Properties Latest Project Sold Out In A Few Hours

The new development at Al Raha Beach sold all 223 off-plan town houses and apartments.

Dubai Stock Market Posts Biggest Drop In 8 Months

The decline trims its 2014 gains to 44.1 per cent as 18 stocks fell by more than five per cent.

Hollywood Movie Fast & Furious 7 Completes Filming In Abu Dhabi

The action thriller was shot at several locations in Abu Dhabi, including Emirates Palace, Al Ain city and Jumeirah Etihad Towers.

Etihad Airways To Establish Flight Training College In The UAE

Etihad Airways will acquire the fixed wing training division from Horizon International Flight Academy

Value Of GCC Construction Projects To Jump 92% In 2014 – Study

Total value of building construction expected to reach $128.5 billion, with the medical sector getting the biggest market share.

UAE Markets Steady As Investors Wait On MSCI

The Dubai and Abu Dhabi benchmarks are up 54 and 17 per cent respectively this year.

UAE Seen Allowing Full Short Selling Of Stocks As Money Flows In

The UAE’s market regulator, the Securities and Commodities Authority, has been liberalising securities rules since 2012.

UAE, Qatar Prepare For Passive Fund Inflows

For some stocks, such as DP World, NBAD and Ooredoo, the expected inflows will be more than 10 times bigger than the average daily trading volume, predict experts.

Why Is Bank Lending To GCC SMEs Low?

Poor financial reporting and an absence of credit bureaus are hindering SME lending.

UAE Sees 20% Rise In Job Changers

70,000 workers moved between employers in the UAE last year, according to the Ministry of Labour.

UAE Says No Plans For More Financial Aid To Egypt For Now

The UAE and other Gulf states promised more than $12 billion in loans and donations to support the Egyptian economy after Mursi’s removal.