Home GCC UAE

UAE

Dubai’s Victory Heights Project Completed

Victory Heights handed over 75 per cent of its phase one villas in 2010 as Dubai recovered from a property crash.

First Look: Dubai Marriott Hotel Al Jaddaf

Marriott’s latest Dubai property has short-stay executives and long-stay contract workers firmly in its sights

Just Falafel Plans 160 New Restaurants In US, Canada

The UAE restaurant chain has signed five area franchise agreements with different partners across North America.

UAE Takes Charge Of ADCO Oilfields

A current deal with ExxonMobil, Royal Dutch Shell, Total and BP expires on January 11.

Emirate Of Sharjah Raises Profile With Sovereign Credit Rating

Moody’s assigned an A3 government bond rating to the Sharjah government on Wednesday, while Standard & Poor’s rated it A.

Alitalia’s Chairman Likely To Stay On For Talks With Etihad

Roberto Colaninno said in October he would step down after a 300-million-euro capital increase, completed at the end of December.

Hiring For Expo 2020 To Begin By 2016

Construction, banking, travel and hospitality are sectors that will witness a rise in hiring activity.

Could Learning Arabic Boost Your UAE Job Prospects?

Knowledge of Arabic can provide job seekers with flexibility in the UAE’s competitive market but it will not trump skill and experience, experts say.

Emirates Launches Daily A380 Service To Switzerland

Zurich is the Dubai carrier’s 25th A380 destination.

Dubai Chamber To Open New Office In Iraqi Kurdistan In 2014

Iraq holds significant potential for Dubai businesses, says Hamad Buamim, president and CEO of Dubai Chamber of Commerce and Industry.

S&P Assigns Sharjah Sovereign Credit Rating Of ‘A’

The rating is supported by the government’s limited fiscal risks and low government debt.

REVEALED: The Best Restaurants In Abu Dhabi

Abu Dhabi’s best restaurants as ranked by the What’s On Black Hat Guide 2013.

Investors Switch To Kuwait, Oman As UAE Weakens

The Dubai index is developing a negative 14-week momentum divergence.

Emiratis Can Earn More In Private Sector – Al Mulla

Private sector can provide Emiratis more exposure and experience in their careers, says a top government official.

Noor Islamic Bank Rebrands, Removes Islamic From Name

The bank will continue to offer shari’a compliant products, but hopes to widen its appeal to customers.

UAE Public Holiday Dates For 2014

Workers in the emirates can expect a minimum of 10 days off this year.

UAE’s Credit Bureau To Start Operating In Q1 – CEO

The bureau hopes to complete agreements with banks to provide credit information and create an electronic database by the end of January.

Flydubai Firms Up Boeing Airshow Order

The confirmed $8.8 billion order, placed at the Dubai Airshow, provides the foundations for the low-cost carrier’s next growth phase.

Dubai’s Gulf Navigation Wins Approval For Turnaround Measures

Shareholders agreed to a motion at a board meeting on January 5 that the business would not be dissolved.

Emaar To Redeem $237m Convertible Bond On Feb 6

Shares of Emaar climbed 103.7 per cent last year, helped by returning confidence in Dubai’s real estate sector.

Saudi Arabia Ranks High On Healthcare IT Spending

Healthcare is the second fastest growing sector after government in terms of IT spending.

Emaar Launches Lila Villas In Arabian Ranches

The Spanish-themed villas will form part of the Arabian Ranches extension plan.

56% UAE Employees Are Unhappy With Their Salaries

Almost 56 per cent of those polled said that the best salary package in the UAE was offered in the oil and gas industry.

Emirates Took A Risk Ordering A380s – Tim Clark

The Dubai carrier currently has 97 of Airbus’ superjumbos on its order book.

EFG International To Buy Falcon’s Hong Kong Activities

Falcon said it was leaving Hong Kong in favour of concentrating on the Middle East, Africa and Eastern Europe.

Jumeirah To Sign Saudi Hotel Deal In 2014

Discussions are ongoing in the Kingdom, says Jumeirah’s president and group CEO, Gerald Lawless.

Emirates President Tim Clark Knighted In UK Honours List

Clark was recognised for his “services to British prosperity and to the aviation industry”.

UAE Bourse Regulator To Crack Down On Unlicensed Lending

Firms must abide by the new regulations or face fines of Dhs100,000.

Dubai Duty Free Sales Touch Dhs6.65bn In 2013

Perfumes, liquor and gold were the best selling products in 2013.

Dubai’s Ruler Ranks 7 Among World Leaders Using Twitter

Sheikh Mohammed Bin Rashid Al Maktoum has over 2.4 million followers on Twitter.