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UAE’s Retail Sector Set For E-Commerce Explosion- Experts

Tech-savvy consumers will drive the growth of e-commerce in the country’s retail sector.

Emirates Launches App For iPad

The Emirates App will allow passengers to manage their booking, check in online and download their boarding pass.

New Dubai Sukuk Standards Seek To Clarify Liability, Rights

The Dubai Financial Market’s new rules are part of broader efforts to develop Islamic business in the emirate.

Dubai Buys Stake In Luxury Hotel Manager Kerzner

Dubai’s ICD has agreed to buy about 46 per cent of Kerzner International, sources say.

Abu Dhabi Rent Growth Slows In Q1 2014

Abu Dhabi’s prime properties recorded modest rental growth while rates in most lower end areas remained unchanged.

Dubai World Hires Blackstone To Look At Debt Options

The conglomerate ran into trouble after Dubai’s 2009 property market crash and had to restructure $25 billion of debt.

HTC One M8 To Hit Dubai Shelves On April 4, Special Gold Edition Planned

HTC’s latest smartphone is priced at Dhs2,750 in the UAE.

Dubai To Challenge London With Islamic Financing Platform

The NASDAQ Dubai bourse now hopes to grab some of that business with its own murabaha trading system.

UAE Resumed Projects Worth $12bn In 2013

Construction projects worth more than $23 billion were awarded in the UAE last year.

Cebu Flights Will Divert To Sharjah During Dubai Airport Runway Closure

The low-cost airline said all flights to and from Dubai between May 1- July 20 will operate out of Sharjah.

Dubai’s DAMAC Launches Sukuk At Tight End Of Guidance

The size of the issue was expanded to $650 million from the originally planned $500 million.

Arabtec Appoints New CEO For Egypt Subsidiary

Sami Asad, formerly the CEO of Arabtec’s Construction Group, will now lead the newly created subsidiary, Arabtec Egypt.

UAE Motorists Warned About Poor Weather Conditions

The UAE’s National Centre for Meteorology and Seismology has issued warnings about the possibility of sandstorms and landslides.

UAE Exchange Remittances Up 6% In 2013

UAE Exchange estimates that robust economic growth in the UAE will lead to a hike in remittances from the region in 2014.

UAE Warns Nationals Against Travel To Thailand

The Southeast Asian country has been facing political turmoil since November.

Dubai’s DAMAC Tightens Guidance On Sukuk Issue

The sukuk is expected to launch and price on Wednesday.

UAE’s RAK Ceramics To Raise Capacity In India, Bangladesh

The company is boosting annual production in India to almost 800,000 pieces of sanitary ware from 300,000 to meet rising demand.

UAE’s MAF Reports 11% Growth In Pre-Tax Profits

The company reported that its EBITDA grew 11 per cent to reach Dhs3.3 billion in 2013.

Toyota Recalls 790 Faulty Vehicles In The UAE

The company has recalled 372 Avalon vehicles, 2003 to 2004 models and 418 Land Cruiser 70 Pick Up, 2012-2014 models.

National Bank of Fujairah May Tap Capital Markets In Medium Term – CEO

The Abu Dhabi-listed bank received investment grade ratings from Moody’s and Standard & Poor’s.

Abu Dhabi Faces Up To Airport Capacity Challenges

Fast-growing airport must keep up with Etihad’s growth ahead of Midfield Terminal Building’s launch

Dubai’s Damac Sets Price Thoughts For USD Sukuk

The proceeds will be used for Damac’s general corporate purposes.

Dubai Nightlife Bubble Forming: Crystal Chief

Regional club owner expresses concern about the number of new night leisure venues opening in the emirate.

Abu Dhabi’s Yas Marina F1 Circuit Boosts Capacity As Demand Rises

Organisers have announced the sale of tickets for the Abu Dhabi Grand Prix, to be held in November 2014.

GCC’s Sugar Stocks Appeal To Investors

The tenth anniversary of the Kingsman Dubai sugar conference was held as the fourth consecutive year of global sugar stocks increase.

Online Car Dealer Carmudi To List Space Shuttles, Targets UAE

The company says it expects to be “flooded with requests for test drives” from interested consumers in the UAE.

Dubai World Sees More Early Debt Payments

Dubai World would be able to meet a $4.4 billion loan maturity in May 2015 and to make some other repayments early, a senior official said.

Abu Dhabi Circuit Chief Defends F1 Double Points Change

The International Automobile Federation (FIA) made the points change in a bid to keep the championship alive as long as possible.

Dubai Hotel Occupancies Hit 87.6% In February

HotStats MENA report highlights good month for UAE hotels and Jeddah whereas across the region the trading picture is mixed

Abu Dhabi’s Hilal Bank Considers Capital Hike To Fuel Growth -CEO

The Islamic lender plans to expand its retail and wholesale banking business locally and internationally over the next five years.