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Stock News: UAE, Qatar Rise On Positive Backdrop, MSCI Adjustments

Qatar’s index rose 0.3 per cent while Abu Dhabi’s benchmark edged up 0.1 per cent.

Motor Racing-Hamilton Savours His Greatest Day

Hamilton went into Sunday’s race 17 points clear of team mate Nico Rosberg but with the German on pole position and an unprecedented double points on offer.

Abu Dhabi’s Etihad Airways Says Some Flights Delayed Due To Fog

The fog delayed the departure from Abu Dhabi of 44 early morning flights by up to four hours, while several others were cancelled, the airline said.

UAE’s Abraaj Says Raises Offer Price For Egypt’s Bisco Misr

Abraaj is now offering 79.10 pounds ($11.06) a share for a total purchase price of 909.65 million pounds, it said in Sunday’s statement.

Golf-Stenson Overcomes Nerves To Retain Dubai Title

Henrik Stenson’s win also put him second on Europe’s money list and he will earn a further $800,000 from a $5 million bonus pool shared among the European Tour’s top 15 players.

Dubai Asks Artists To Choose Display Locations For Open Air Gallery Plan

The new initiative is part of a programme that aims to transform the emirate into an open air gallery, with various art exhibits across different points of the city.

Emaar To Approve $2.45bn Special Cash Dividend For Shareholders

The company said it would pay the special cash dividend following the recent IPO of Emaar Malls Group.

Dubai-Based App Travall To Launch Video Reviews Of Hotels, F&B Outlets

The smart app aims to create a comprehensive Dubai video guide for travellers, relocating executives and residents.

Abu Dhabi Signs Dhs110m Loan Agreement With Madagascar

Abu Dhabi Fund for Development (ADFD) has agreed to provide loans to finance the development of a two-lane road and seven bridges in Madagascar.

KBW Investments, Owned By Prince Alwaleed’s Son, Buys 50% Of Arcadia

Engineering firm Arcadia will now seek to expand into Saudi Arabia, Qatar and the UAE.

Dubai Parks And Resorts Says Institutional Tranche Of $689m IPO Covered

It aims to sell 2.53 billion shares, or 40 per cent of its outstanding shares, between Nov. 17 and Nov. 30.

UAE Official Says Groups May Appeal Against Inclusion On Terror List

The list includes the Council on American-Islamic Relations (CAIR), the Muslim American Society and the Cordoba Foundation.

The Property Correction In Dubai Is Coming

The mounting oversupply of property means a price correction could be coming, writes Peter Cooper, editor of Arabianmoney.net.

Why Affordable Smartphones Are Crowding The UAE Market

The UAE’s smartphone market, which has traditionally been about the best and the most expensive, has welcomed three new affordable brands in September. Is there enough space for all of them?

UAE Focus: Taking The Smart Route

The UAE has lofty ambitions to soon transform itself into a smart and mobile government. Are things proceeding on track?

Saudi Arabia Leans On Gulf States To Close Ranks As Region Boils

Regional concerns such as Iran’s impending nuclear deal and growing security threats from the region have helped mitigate the widening rift between GCC members, analysts say.

Golf-Sublime McIlroy In Tie For Dubai Lead

McIlroy was playing for the first time since early October after taking a break to fight a still unresolved legal case with his former agents.

Abu Dhabi GP Agrees Multi-Year Contract Extension

Abu Dhabi Motorsports Management did not say how long the deal was for but the previous one was not due to expire until 2016.

gender gap 2022

UAE Mulls More Reforms To Increase Female Members On Boards

The country’s minister of economy said that the UAE is looking at regulations that will help increase the presence of women on boards of public share holding firms.

Preview: F1 Abu Dhabi Grand Prix Weekend

All 60,000 tickets have been sold across the three days of entertainment.

Dubai Festival City Said To Seek $1.1bn From Loan

The company owned by Dubai’s Al-Futtaim Group plans to raise a 10-year, amortising facility.

UAE Targets Islamist Accounts In Money-Laundering Clampdown

The government said it was stepping up efforts to cut off financing to groups it classifies as terrorist.

Soccer: Ex-Juventus Star Vucinic Proving A Goal Machine In Abu Dhabi

Vucinic has made 13 goals in eight league games to lift Al Jazira to second in the table.

Restaurant Review: Cipriani Yas Island

The historic Cipriani has its roots in Venice where an army of white-jacketed waiters served celebs such as Ernest Hemingway and the British royal family.

Restaurant Review: Cipriani Yas Island

The historic Cipriani has its roots in Venice where an army of white-jacketed waiters served celebs such as Ernest Hemingway and the British royal family.

UAE Dismisses Amnesty Report On Human Rights As “Inaccurate”

Officials said that the report, which accused the UAE of human rights violations, repeats “familiar politically-motivated allegations.”

Egypt Says It Resolves Land Dispute With Dubai’s Al-Futtaim

A government source had previously said the negotiators were considering a payment of around 235 million Egyptian pounds ($33 million).

Emirates Targets 8-10% Profit Growth On New Aircraft, Routes

Emirates’ bottom line was hit by runway upgrades in the first six months of the 2014, resulting in modest growth of eight per cent.

Gulf Airlines Close Financing Deals For 16 Boeing, Airbus Aircraft

Emirates and Qatar Airways have signed financing facilities with banks to purchase new planes.

Abu Dhabi’s Yas Mall Opens Its Doors To Public

The 2.5 million sq ft mall, developed by Aldar Properties, includes more than 370 stores with nearly 10,000 covered parking spaces.