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Al Ghurair Calls For Sanctions To Back UAE’s New Mortgage Law

Banks who violate the new rule should be fined and suspended, says Abdulaziz al-Ghurair, head of the UAE Banks Federation

UK PM Cameron Meets Dubai Ruler, Backs 2020 Bid

As part of an official UAE visit, David Cameron also visited Dubai World Central, the venue of the Dubai Airshow.

Dubai Airshow: Etihad In Talks To Buy 75 Airbus Jets

The roughly $16 billion order, is expected to include around 50 of the European planemaker’s long-haul A350.

DP World Tour Championship: Stenson Aims To Hold Off Poulter

Henrik Stenson fired a five-under 67 in the third round of the $8-million championship on Saturday to retain a one-shot lead

UAE’s First Gulf Bank To Expand Into New Foreign Markets

The lender expects to obtain banking licences in China and South Korea and is also considering expanding into Indonesia and London.

Dubai Companies Need To Be Realistic – Yogesh Mehta

The Indian businessman spoke candidly on how the regional unrest has affected the billion dollar Petrochem business.

DP World Tour Championship: McIlroy Struggles After Sizzling Start

The defending Dubai champion is seeking his first 2013 win.

HSBC Launches Dhs1bn International SME Fund

HSBC’s fund will be open to firms having an annual turnover of 30 billion dirhams or more.

Will Emirates Emerge As The Biggest Buyer At The Dubai Airshow?

The carrier is expected to place a commitment for up to 150 Boeing 777X aircraft during the Airshow.

Virgin Australia Seeks $325m In Rights Issue

Etihad Airways, one of Virgin Australia’s shareholders, is committed to the offer and will raise its exposure via the capital raising.

DP World Tour Championship: Dubai’s $8m Prize

Rory McIlroy won last year’s Dubai event and believes he can mount a decent defence.

UAE Urges Iran To Tackle Regional Issues

The UAE and Iran both lay claim to the islands of Abu Musa and Greater and Lesser Tunb at the mouth of the Strait of Hormuz.

$100bn Boeing Order To Dominate Dubai Airshow

Emirates is expected to place an order for as many as 150 of the new 777X passenger jets.

Why Are Online Post Graduate Courses Gaining Popularity In The UAE?

‘Ambitious’ senior level executives are fuelling the growth of online courses, writes Dr Alan Southern, director of e-learning at the University of Liverpool.

Arabtec Reveals 189% Q3 Net Profit Rise

The Dubai-based construction firm revealed a net profit rise of 137 per cent for its first nine months of the year.

UK Grants Visa Waiver To Emiratis

The UK is the first European country to grant a visa waiver to Emiratis.

ME Business Jet Market “More Developed Than China Or Russia”

Airbus hopes the display of the Emirates Executive ACJ319 at next week’s show will lead to more sales.

Emirates Adding Second Daily A380 To Munich

Munich authorities will have weighed up the increased traffic benefits against the impact it will likely have on Lufthansa’s Dubai-Munich loads.

First Look: Mövenpick Hotel Jumeirah Lakes Towers

Swiss chain’s sixth Dubai hotel may be small but overseas-and-residential focus means potential is high.

ADCB To Price $500m Floating Rate Note

The transaction will price at 130 basis points over the three-month London interbank offered rate.

Etihad Wins India Competition Watchdog Nod For Jet Air Stake

The Abu Dhabi carrier already has the Indian cabinet’s approval.

Emiratis Find Private Sector More Attractive

An Aon Hewitt study finds that Emiratis in the private sector report higher levels of satisfaction than their public sector counterparts.

IMF Warns Dubai Of Property Market Exuberance

House prices in the emirate have jumped over 20 per cent in the last year, prompting the IMF to warn in July of the risk of another bubble forming.

Dubai To Launch Islamic Corporate Governance Centre Next Year

The standards will not be compulsory for firms but the centre will issue sharia-compliance certificates to companies and banks meeting them.

Emirates’ Half-Year Results – Why Is Profit Flat?

The carrier’s marginal growth was caused in part by a cracked wings issue suffered by the A380, says aviation analyst Saj Ahmad.

Dubai’s GEMS Sets Initial Price On Hybrid Sukuk

GEMS has hired Morgan Stanley Inc, Credit Suisse and Abu Dhabi Islamic Bank to arrange the sale.

Emirates Airline Reports 2% Net Profit Rise

The Emirates Group announced figures of Dhs2.2 billion net profit for the first six months of its fiscal year.

UAE Markets Vulnerable After Dive By Dubai

Abu Dhabi’s stocks dropped by 0.9 per cent on Monday but Dubai fell 2.8 per cent.

Renault Middle East Reports 34% Sales Rise

The French manufacturer saw a 38 per cent sales rise in Abu Dhabi and a 33 per cent increase in Dubai.

EmiratesLNG To Build Fujairah Import Terminal

The terminal will be able to supply the UAE with around 1.2 billion cubic feet (bcf) per day of gas.