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Dubai’s DP World Q1 Consolidated Container Volume Up 9.1%

The company handled 6.76 million twenty-foot equivalent units in the quarter, compared with 6.19 million TEU in the corresponding period of 2013.

UAE Cooling Firm Tabreed’s Q1 Net Profit Rises 22%

The Dubai-listed firm made a first-quarter net profit of Dhs58.24 million ($15.86 million) compared with Dhs47.84 million a year earlier.

UAE’s Etisalat Signs 3.15bn Euro Loan For Maroc Telecom Buy

This loan is split between a 2.1 billion euro one-year bridge loan and a 1.05 billion three-year portion, Etisalat said.

UAE Regulator Cuts Minimum Sukuk Size, Eases Securities Borrowing

The changes are part of plans to introduce at least two new rules covering the stock exchanges every year, a top official said.

UAE College Students Contributed $66m To US Economy In 2013

The number of UAE students studying in the US rose to 2,256 in 2012/2013, official figures show.

UAE Etisalat Profit Rises As Revenue And Subscribers Grow

The telco made a net profit of Dhs2 billion ($544.5 million) in the three months to March 31, according to a company statement.

High Costs Holding Back UAE E-Commerce Purchases

Around 31 per cent of the UAE’s online shoppers said that they had stopped online purchases due to extra costs.

Two More Dubai Hotels For Viceroy

Brace of city hotels to complement upcoming Palm Jumeirah resort

Fog Disrupts 14 Abu Dhabi Flights

This morning sees the second round of diversions in as many months

Tommy Weir: Playing With Economic Bubbles

Bubbles are a natural part of Dubai’s growth cycle, writes the author of ’10 Tips For Leadership In The Middle East’.

First Dubai IPO In Five Years Sees Surge Of Interest As Economy Booms

Investors subscribed Dhs10 billion ($2.7 billion) to the fixed offer of 275 million shares in Marka , which were priced at Dhs1 each.

ENBD Needs To See More Dubai World Progress To Reclassify Exposure

Emirates NBD is Dubai World’s biggest creditor with an exposure of more than Dhs9 billion($2.5 billion), against which it has set aside provisions of five per cent

Five Minutes With…Benoy Kurien, GM, Al Hamra Real Estate Development

The property development industry is all about providing value to homeowners and investors, says Benoy Kurien, general manager of Al Hamra Real Estate Development.

Dubai’s Emirates NBD Q1 Net Profit Jumps 25%

The lender made a net profit of Dhs1.04 billion ($283.7 million) in the three months to March 31, a statement from the bank said.

Aldar’s Growth Will Be ‘Market-Focused’- Senior Official

The state-owned developer is focusing on developing mid-tier real estate projects in Abu Dhabi.

Union Willing To Enter Negotiations To Aid Etihad-Alitalia Talks

Etihad has so far refused to negotiate with Italy’s unions, which have sunk negotiations between Alitalia and other bidders in the past.

Dubai’s Emaar Properties Says Profits To Quadruple By 2018

Much of Emaar’s growth is expected to come from projects worth billions of dollars within Dubai.

National Bank Of Fujairah’s Q1 Net Profit Up 27%

The bank’s operating profit reached Dhs151.1 million, up 18.8 per cent year-on-year.

Dubai Holding’s DHCOG Will Repay $319.3m Debt 19 Months Early

The company will use available funds to repay the amount, which is the remainder due on a $555 million facility maturing in December 2015.

UAE Lender FGB Q1 Net Profit Rises 27%, Beats Estimates

The lender made a net profit of Dhs1.33 billion ($362.1 million) in the three months ending March 31.

Dubai Financial Market Q1 Net Profit Jumps Significantly

The exchange made Dhs215.1 million ($58.6 million) in the opening three months of 2014, compared to Dhs27 million in the same period last year.

Abu Dhabi’s Fairmont Hotel Project Secures Dhs950m Loan

The 10-year loan is the first such facility agreed between ADCB and NIC.

Dubai’s Drake And Scull Wins $40m Algeria Contract

The firm will undertake the civil construction portion of the mixed use development in Algiers, it said in a statement.

Dubai Investments Expects Q1 Net Profit To Rise 26%

The company said its profit for the three months to March 31 would likely be Dhs265 million ($72.2 million).

Dubai To Sell 15-Yr Benchmark Sukuk

Initial price thoughts on the Islamic bond have been set between 5 and 5.125 per cent.

Abu Dhabi Airport Passenger Traffic Up 15% In Q1 2014

The airport welcomed around 4.5 million passengers during the first three months this year.

Abu Dhabi Islamic Bank Q1 Net Profit Up 20.4%

The lender made a net profit of Dhs409.5 million ($111.5 million) in the three months to March 31.

JW Marriott Marquis Hotel Dubai Looks Beyond ‘Finite’ GCC

Newly installed general manager wants a broader range of guests and seeks to capitalise on Emirates’ global network

Bloom Begins Abu Dhabi Marina Construction

The waterfront development includes 225 residential apartments and a 200 room five star hotel.

Aldar Launches New Abu Dhabi Developments Worth $1.4bn

The developer has launched three new projects in Abu Dhabi worth $1.4 billion, it said in a bourse statement.