Home UAE Dubai

Dubai

UAE Hotels Record Strong Growth In August

Dubai’s overall average occupancy increased by approximately 7.8 per cent in August compared to the same period last year.

Dubai International Passenger Traffic Up 13.1% In September

Traffic for the first nine months of the year stands at 49.4 million, up from 42.6 million for the first three quarters in 2012.

United Ups Digital As Gulf Competition Rises

US carrier to focus more on attracting international business and improving digital connectivity.

Al Ain Football Club Signs Nike Partnership Deal

The American sports wear giant will become the official kit supplier to the UAE side.

Dubai’s Emirates NBD Eyes Turkey Buy Amid Foreign Expansion

The lender aims for 20 per cent of its revenues to come from overseas markets in five years

Dubai Holding Arm Plans To Sell Stake In Rivoli Group

Dubai International Capital is in negotiations to sell its 18 per cent stake in Rivoli Group to Saudi-based Al Rajhi Capital, say sources

Qatar Airways To Begin Flights To DWC, Sharjah

Starting from 1 March 2014, the carrier will fly twice daily flights into both destinations.

UAE Banks Federation Announces Inaugural Conference

The Middle East Banking Forum will be held on 26 November, and attract top tier representatives from regional and international lenders.

Emaar Launches $3bn Project In Iraqi Kurdistan

The “Erbil Downtown” project is due to be completed in three stages over a period of around five years

Dubai Hotels Surge Ahead As Doha Hotels Slow Down

As Dubai hotels continue to cash in on strong demand, room rates in Doha are falling due to stiff price competition.

Dubai World Central Faces Emirates Hub ‘Conundrum’

Dubai Airports’ strategic focus now shifts to second phase operations now the new airport is open to passengers

British Prime Minister Voices His Support For Dubai Expo 2020

David Cameron, Prime Minister of the UK, gives his reasons for why the emirate should host the expo.

Pictures: Dubai’s New Al Maktoum International Airport

Al Maktoum International Airport at Dubai World Central begins passenger services on October 27.

LIVE: Launch Of Passenger Flights At Dubai’s New Airport

Al Maktoum Airport at Dubai World Central welcomes inaugural passenger flight today.

Dubai’s Ruler Approves New Jumeirah Corniche Project

The project will include the development of the emirate’s longest corniche, stretching across 14 kilometres.

US Judge Narrows Masreq Claims Versus ING Over Investment Losses

Dubai-based Mashreq alleged ING Groep NV lost over $40 million of its money by investing it in “toxic” securities.

Dubai World Central Starts Passenger Flights

European low-cost carrier starts four new services this week, projecting Dubai into the realm of two-airport cities

Emaar Posts 50% Q3 Profit Jump

Emaar made Dhs581 million in the quarter ending September 30 compared with Dhs387 million in the corresponding period in 2012.

Dubai Taxi Corporation Launches Windows 8 Mobile App

The new app is designed to help users who suffer from hearing disabilities.

Dubai Business Confidence Soars On Expo Hopes

Dubai’s business confidence is at a record high as the announcement of the Expo 2020 host city nears.

Emirates Receives 10th Boeing 777 Freighter

The Skycargo division will move its operations to Dubai World Central’s Al Maktoum International Airport in May

Dubai’s Emirates NBD Q3 Net Profit Trimmed By Provisions Spike

The lender made a net profit of Dhs775 million in the three months to September, up 21 per cent from Q3 2012.

Dubai’s Arabtec Wins $53m Deal To Complete Palm Island Hotel

Arabtec will build two mixed-use towers for the 332-room Tiara Hotel on Palm Jumeirah

Emirates Aims To Fly 70 Million Passengers In 2020

The airline will be the largest carrier on the planet by international passenger traffic, says president, Tim Clark.

Gulf Air To Fly To Dubai World Central From December

Gulf Air hopes its new daily evening service will appeal to ‘new Dubai’ residents

Dubai Ruler Promotes Essa Kazim To Dubai Financial Market Chairman

Kazim, currently CEO of DFM, replaces veteran banker Abduljalil Yousuf Darwish

Exclusive Interview: Reem Al Hashimy, MD Of Dubai’s Expo 2020 Bid

HE Reem Al Hashimy, UAE Minister of State and managing director of the Dubai World Expo 2020 Bid Committee, reveals her hopes and fears in the bid for the largest trade show on earth.

Dubai’s 13MW Solar Power Plant Goes Live

The plant, which will generate around 24 million kilowatt hours (kWh) of electricity per year, is the region’s largest photovoltaic facility.

Dubai Holding Unit Sees Telecom Stake Sales In “Few Months”

Emirates International Telecommunications is seeking to sell its 35 per cent stake in Tunisie Telecom and 26 per cent stake in Axiom Telecom.

Dubai Ranks Number One For Lifestyle – Knight Frank

The emirate achieved the highest ranking for its education services and its core climate.