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Eid Holidays Announced For UAE’s Government Sector

Government offices will be shut from Wednesday, August 7.

Indians Invest Dhs8bn In Dubai’s Property Market In H1 2013

Foreign investments in Dubai’s real estate market increased 73 per cent from H1 2012 to reach Dhs32 billion.

Dubai Issues Decree To Repay Investors In Cancelled Property Projects

The emirate is setting up a special legal committee to settle disputes related to projects officially cancelled by RERA.

Jet Rotana To Operate Thrice Weekly Flights from Abu Dhabi To Dubai

Tickets for a roundtrip between the emirates are priced at Dhs150.

UAE Online Job Postings Fall 31% Annually – Monster

Healthcare job opportunities in the UAE were up by eight per cent from last year but chemicals industry jobs plunged 14 per cent.

Jet Wins Key Approval For Etihad Deal, With Conditions

India’s foreign investment regulator gave conditional approval to the $379 million deal.

Emaar Reports Flat Net Profit For First Half Of 2013

The Dubai developer made a net profit of Dhs1.23 billion, up marginally from Dhs1.22 billion in H1 2012.

Dubai June Airport Passenger Traffic Up 17.5%

Passenger traffic was aided by Emirates airline’s tie-up with Australia’s Qantas.

Dunia Finance Posts 91% Profit Increase For H1 2013

Dunia posts Dhs55.6 million profits; Dhs166.4 million revenues

Formula One Teams Schedule 2014 Tests In Middle East

Dubai, Abu Dhabi and Bahrain are under consideration to hold the tests.

Sharjah Rents Soar By 16%, As Dubai Residents Migrate

Apartments in areas like Al Nahda and Al Majaz recorded a rental hike, while villa price hikes varied depending on location.

The UAE’s Foreign Direct Investment Windfall

The UAE is banking on its geographic location and high growth potential to attract increasing foreign direct investment from across the world.

LG Launches Flagship Optimus G Pro In UAE

The Optimus G Pro, priced at Dhs1,999, comes with a 5.5-inch Full HD display and a 13MP rear camera.

Etihad And Serbia’s JAT To Sign Partnership Deal On August 1

The two airlines agreed to share route-booking codes in April but stopped short of an equity tie-up.

Dubai’s Unshakeable Confidence

The emirate’s will to succeed will always cancel out the naysayers, writes leadership expert Tommy Weir.

Interview: Mpetjane Kgaogelo Lekgoro, South African Ambassador To The UAE

Exclusive: Lekgoro tells Gulf Business about growing trade and business ties between South Africa and the UAE.

China’s Sky City Not An Immediate Threat To Burj Khalifa

Sky City, China’s most ambitious development, has faced criticism over its nine-month deadline.

Shale Gas Will Not Affect GCC Oil Demand – Report

The latest developments in fracking technology will not affect GCC oil demand negatively.

Fee Income Helps Dubai’s Mashreq Post 25% Profit Leap

The profit increase came despite a 20.9 per cent jump in impairments.

UAE’s Julphar Posts 5% Rise In H1 Net Profit

The pharmaceutical company said that sales during the first half of the year rose 11 per cent.

UAE Telco Du Posts 46% Rise In Q2 Net Profit

The operator said that data services and postpaid customers are driving revenue growth.

Nakheel Has “Cheapest Service Charges In Dubai”- Chairman

The Dubai developer says it has slashed service charges across many of its properties in Dubai.

UAE Embassy Compound Attacked In Libyan Capital

No injuries have been reported and an investigation is underway.

Work On Nakheel’s World Could Start By 2014 – Chairman

The Dubai developer says it has started receiving fresh interest from investors for the stalled development.

Toyota SUV Sales Record Strong Gulf Growth

Land Cruiser leads the sales in the SUV category while Prado and Rav4 also has recorded considerable growth in H1 2013.

Jet-Etihad Deal Hits Another Roadblock

The Indian capital markets watchdog has expressed reservations that the control of Jet stands the chance of passing into foreign hands post the deal.

First Gulf Bank Reports 15% Rise In Q2 Net Profit

The lender is rapidly diversifying its presence, both domestically and internationally.

Revealed: Top 10 Indians Who Shaped The UAE

Prominent Indians have influenced and enriched the everyday lives of people in the UAE over time.

National Bank Of Abu Dhabi H1 Profit Up 25.6%

The UAE’s largest lender made a net profit of Dhs2.6 billion in the first half of the year, on the back on increased revenues.

UAE’s Mobile Service Revenues Hit Dhs20.4bn In 2012

With one of the highest mobile penetration rates in the world, the UAE recorded strong growth in the telecoms sector last year.