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Ras Al Khaimah Exploring Ceramics Sale

Ras Al Khaimah Ceramics has a market capitalisation of $781 million.

REVEALED: Top 10 Salaries In The UAE

The 2014 Gulf Business Salary Survey reveals the best-paid jobs in the UAE.

UAE’s Mubadala To Focus More On U.S., European Markets: COO

Mubadala shifted some of its focus to emerging markets after the global financial crisis hit the United States and Europe.

UAE Etisalat Hopes To Complete Buy Of Vivendi’s Maroc Tel Stake By End Of May

Etisalat agreed to buy Paris-listed Vivendi’s 53 per cent holding in Maroc Telecom for 3.9 billion euros last November.

UAE’s Etisalat Q4 Profit Rises 70%

Etisalat made a net profit of Dhs1.45 billion ($394.77 million) in the three months to December 31.

UAE Firms Should Give “Realistic Pay Rises” During Boom Time

Unrealistic pay rises during boom time might prove counterproductive to a company’s growth, expert says.

Dubai Developer Damac Says Profit Tripled In 2013

The developer said it booked sales worth $2.5 billion in 2013 compared with $661 million in the prior year.

Dubai’s Hotels See 10.6% Rise In Guest Arrivals In 2013

Over 11 million guests stayed in the emirate’s hotels and hotel apartments last year with occupancy rates reaching 80 per cent.

Dubai Telco Du Gets $1.17bn In Refinancing, Fresh Loans

The deals include a $720 million package and agreements with Standard Chartered Bank and DBS Singapore.

Le Royal Méridien Abu Dhabi To Unveil New Lobby

Hub designed to promote guest interaction, showcase arts and offer day-and-night F&B

DMC, DIC Land Prices Rose Around 30% In 2013 – TECOM CEO

Land prices in areas such as Studio City rose 15 to 20 per cent.

UAE’s Aramex Wants Gulf Customs Rules Amended To Aid E-Commerce

The current regulations only allow small shipments, such as parcels sent by online retailers, to be cleared by customs.

Dubai’s Al-Futtaim Wins Control Of Kenyan Motor Firm CMC

The 91 per cent acceptance means Al-Futtaim will hold 533 million shares in CMC, which distributes Ford, Suzuki and Volkswagen vehicles among other brands in the region.

UAE’s Al Noor Hospitals Targets Home Growth In 2014, As 2013 Profit Edges Up

Revenue for the group, which operates three hospitals and 12 clinics in the UAE, rose 12.5 per cent year-on-year to $365 million in 2013.

Majid Al Futtaim Launches First Community Mall In Dubai

The mall will be built in phases with the first phase measuring almost 300,000 square feet.

Etihad Reports $62m Profit In 2013

The airline benefited from a 30 per cent increase in partnership revenues, to $820 million, as its equity alliance stable rose to seven airlines.

Etihad CEO Gives 50-50 Chance For Alitalia Deal

Talks between the airlines intensified last month and sources close to the matter said Etihad might be interested in buying a stake of up to 40 per cent in the Italian carrier.

Etihad CEO Says At Final Phase Of Due Diligence On Alitalia

Etihad would have to be convinced that Alitalia could be moved to profitability, the Abu Dhabi airline’s CEO James Hogan told reporters.

Flydubai Profit Soars By 47%

The low-cost airline announced full-year 2013 net profit of Dhs222.8 million.

SAP MENA Expands Mobility Unit, Signs Deals With STC, Etisalat

The enterprise solutions provider signed deals with STC and Etisalat at the Mobile World Congress.

Air Arabia Prepares For RAK Take-Off

Low-cost carrier about to step into the aviation breach following RAK Airways’ closure

Abu Dhabi Hotel Guests Up 36% In January

Guests numbers at Abu Dhabi hotels reached 276, 970 during January with hotels earning Dhs522 million in revenues.

Etihad Airways Starts Double-Daily New York Flights

The Gulf carrier will initially operate the extra flights on two three-class Boeing 777-300ERs, leased from partner Jet Airways, and from May 1, Jet Airways will take over the service

Nakheel To Auction More Plots In Jumeirah Park On Strong Demand

The developer said that it will auction off residential plots ranging from 7,750 to 8,700 square feet on March 4.

UAE-Led Group To Buy Two India Power Plants In A Deal Worth $1.6bn

Abu Dhabi’s TAQA will control the operations and management of both plants under the deal.

Dubai Developer Deyaar Plans To Expand Into Hospitality Sector

The developer said it has allotted up to one million square feet for hotel and serviced apartment projects in the city.

Federer Subdues Berdych To Win Sixth Dubai Title

Roger Federer beat Tomas Berdych 3-6 6-4 6-3 in the Dubai Championships final.

Qatar Airways Starts Sharjah and Dubai World Central Flights

The Doha carrier now connects four UAE gateways to its global network

Dubai Says Has Learned Lessons From Crisis

Dubai’s Department of Finance said that it has realised the importance of budget discipline and the need to regulate its property market.

Dubai’s Economic Zones World Launches Two Halal Zones

The Halal zones will be situated in Jebel Ali Free Zone Authority (Jafza) and Technopark.