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Abu Dhabi Eyes More Indian Tourists In 2013

The emirate’s tourism authority is holding a five-city road show in India in January.

Dubai’s Ruler Inspects New Emirates’ A380 Terminal

The new facility at Terminal 3 of Dubai’s International Airport is scheduled to receive its first flight in January 2013.

UAE Bad Loan Provisions Drop For First Time Since Crisis

Provisions set aside for specific NPLs fell slightly to Dhs65.3 billion at the end of October from Dhs65.4 billion in September.

Air India Expands GCC Operations In 2012, Looks To Grow

The Indian carrier recently launched the Boeing 787 Dreamliner aircraft between Dubai and New Delhi.

UAE’s United Arab Bank Obtains $125m Club Loan

The loan amount will be used for general corporate purposes.

Dubai-Based QE2 Liner Not To Be Scrapped

Former owner Cunard dismisses reports that the Queen Elizabeth II liner will be scrapped.

Abu Dhabi Airport Sees 10% Rise In Nov Passenger Traffic

Over 13.4 million passengers passed through the capital’s airport in the first 11 months of this year.

Abu Dhabi Lender ADIB Starts Sudan Branch

Abu Dhabi Islamic Bank is the UAE’s first lender to receive a banking license in the African nation.

UAE Top Destination For Euro Expats

Survey shows ‘significant increase’ in investment from Europe.

Last Minute Christmas Gift Deals

Gulf Business brings you five last minute online deals available until Christmas.

Dubai Targets 66m Passengers In 2013

Dubai International Airport is set to surpass its projected passenger traffic target of 56.5 million in 2012.

RAK To Open Two Key Hotels In 2013, Eyes More Tourists

The 632-room resort Rixos Bab Al Bahr will be joined by the 349-room Waldorf Astoria Ras Al Khaimah.

Dubai’s MAF Group Eyes Egypt Supermarkets In $300m Deal

The Majid Al Futtaim group is reportedly in talks to buy the supermarket business of Mansour Group.

Dubai’s du Secures $500m Debt Facility To Fund Business

The telecoms operator signed a $100 million three-year loan facility with Singapore’s DBS Bank last week.

UAE Warns Citizens To Avoid Lebanon Travel

The warning has been issued because of the “difficult and sensitive political circumstances in Lebanon,” says ministry.

How Glambox Cornered The Luxury Testing Market

Shant Oknayan, co-founder of GlamBox, describes the first 12 months for the UAE’s start-up beauty revolution.

How To Be A Master Networker

Adopt these key habits to use networking to help grow your business.

Abu Dhabi Creates Body To Develop Mass Housing

The plan to develop housing programmes could spur restructuring of the emirate’s real estate sector.

Emirates NBD To Buy BNP Paribas Egypt For $500m

The Dubai bank will also make an offer to minority shareholders for the remaining 4.8 per cent.

Emirates-Qantas Deal Approved By Australia Watchdog

The alliance includes switching Qantas’ hub to Dubai from Singapore for European flights.

Private Equity Group In Abu Dhabi Healthcare IPO

The group is looking for new advisers after dropping HSBC and JP Morgan Chase.

Top Performing UAE Companies In Q3 2012

The country’s best performing companies in the quarter by net profit.

Emaar Signs $500m Deal For Turkey Project

Emaar Square will house over 1,000 luxury homes, a 180-bedroom five-star hotel and the largest shopping mall in Turkey.

Dubai Taxis Rank Third Best In The World

TripAdvisor’s annual Cities Survey ranks the emirate’s cabs highly.

Abu Dhabi, France Join For Total’s Gas Network

Caisse des Depots and ADIA come together to bid for TIGF business.

UAE Says Egypt Media Plot Claims ‘Fabricated’

The UAE Foreign Minister has summoned Egypt’s ambassador to discuss the claims.

Al Habtoor Group Postpones $1.6bn IPO

The group’s chairman will “continue to focus on best practice and growing the company in a sustainable way.”

UAE Declares Jan 1 Holiday For Private, Govt Sector

Employees will get one-day off to mark New Year’s and resume work on Jan 2.

Etihad Buys 70% In Air Berlin’s Loyalty Programme

The deal will generate $242.70 million in revenue for the German carrier.

ENBD Frontrunner For BNP Paribas Egypt Arm

Emirates NBD’s offer was highest in a second round of bidding that took place in December.