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Dubai’s Ruler Approves 2014 Budget

Government spending next year is estimated to rise by 11 per cent year-on-year, with salaries and wages accounting for 37 per cent of the total.

Halal Products Not Only For Muslims – Expert

Saleh Lootah argued for a single global Halal standard at the Global Islamic Economy Summit.

Rising Tsunami Of Demand For Islamic Finance – Expert

Leaders from the Islamic finance world converged in Dubai for the Global Islamic Economy Summit.

Dubai Retailer MAF Says Egypt Supermarket Deal Talk Fails

MAF was in advanced negotiations to buy Mansour Group’s Metro chain and discount grocery store.

UAE National Day Holidays December 1-2 For Public Sector

Public institutions will have off the Sunday and Monday of next week.

Expo 2020: How Does The Bidding Process Work?

How does a nation and a city put itself forward to be in with a chance of hosting a world expo?

UAE Welcomes Iran’s Nuclear Deal

As per the deal signed on Sunday, Iran will curb its nuclear programme in exchange for initial sanctions relief

72% Of Local Students Plan To Work In The UAE

Half of all transnational expatriates said they want to stay and work in the UAE.

UAE Pay-TV Network OSN Secures Five-Year $200m Facility

The proceeds of the facility will be used to further grow and strengthen its core business, said OSN.

UAE Minister Of Economy: No Risk Of Dubai Expo Bubble

Speaking exclusively to Gulf Business, Sultan Al Mansoori has said winning the World Expo bid will not cause another bubble.

Abraaj Group’s Senior Partner Stefanel Leaves Firm

Matteo Stefanel was head of special situations group, managed accounts and real estate at Dubai-based Abraaj.

Etisalat Stalls $800m Pakistan Payment Over Property Dispute

An Etisalat consortium bought a 26 per cent stake in PTCL for $2.6 billion in 2005.

OSN Valued At $4.3bn Ahead Of Planned IPO

Private equity firms in the region are considering IPOs in overseas markets such as London as a potential exit route.

A Look At The Last Five World Expos

Should Dubai win the Expo 2020, what can it learn from previous world fairs?

Abu Dhabi Scraps 5% Rent Rise Cap

Prime residential rents for new leases in Abu Dhabi were flat in the second quarter of this year after growing eight per cent in Q1.

Glitzy Dubai Eyes Profit In Setting Islamic Standards

Dubai aims to operate a globally accepted halal certification process that would be easier and cheaper.

A New Type Of Industrial Revolution

Abu Dhabi is leveraging its aerospace sector to diversify the economy, says Badr S Al Olama, the CEO od Strata.

Dubai Residents Priced Out As Living Costs Rise

Dubai expats’ housing allowance levels lag when compared to the sharp rise in rents and inflation.

UAE Has World’s Most Attractive Tax Framework

The UAE and other GCC countries continue to have low taxation polices which has helped boost trade in turn.

Dubai Lynx 2014 Jury Presidents Revealed

The announcement included a new award for students and unveiled the theme for next year’s festival.

Pension Not A Priority For UAE Expats

Most expatriates would prefer to invest a sudden windfall in property, finds survey.

Dubai Schools, Airshow Closed As Weather Worsens

The UAE is predicted to see thunderstorms and strong winds on Thursday.

Dubai Airshow: Mubadala Aerospace Eyes US Deals

The firm won industrial orders worth over $5 billion at the air show to sell parts and materials to Boeing and Airbus.

Mubadala Secures Dhs43bn At Dubai Airshow

Mubadala announced it will begin servicing Rolls-Royce’s Trent XWB engines, including maintenance, repair and overhaul.

NBAD Appoint StanChart Banker To Head SF Business

Aleem Khan previously ran the structured trade finance business for StanChart MENA and Americas.

Boeing Set To Win Orders Duel At Dubai Airshow

Airbus was always playing catch up after the dramatic first day which saw four Gulf carriers place major Boeing orders

Dubai Expo 2020 Win May Create Economic Bubble – Survey

A majority of investment professionals in the UAE believe that a successful bid may lead to an economic bubble, finds CFA Society survey.

Nakheel Launches 500 Plots In Dubai-Based Al Furjan Project

The plots are priced between Dhs1.1 million to Dhs3.3 million, the developer announced.

Abu Dhabi’s Aldar To Start Sukuk Roadshow On Nov.21

The developer will hold investor meetings in the UAE, Singapore, London, Hong Kong and Switzerland.

Dubai’s Property Market Not “Overheating” – Cluttons

New government regulations in the emirate are starting to take effect, says new report.