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China’s Sky City Not An Immediate Threat To Burj Khalifa

Sky City, China’s most ambitious development, has faced criticism over its nine-month deadline.

Shale Gas Will Not Affect GCC Oil Demand – Report

The latest developments in fracking technology will not affect GCC oil demand negatively.

Fee Income Helps Dubai’s Mashreq Post 25% Profit Leap

The profit increase came despite a 20.9 per cent jump in impairments.

UAE’s Julphar Posts 5% Rise In H1 Net Profit

The pharmaceutical company said that sales during the first half of the year rose 11 per cent.

UAE Telco Du Posts 46% Rise In Q2 Net Profit

The operator said that data services and postpaid customers are driving revenue growth.

Nakheel Has “Cheapest Service Charges In Dubai”- Chairman

The Dubai developer says it has slashed service charges across many of its properties in Dubai.

UAE Embassy Compound Attacked In Libyan Capital

No injuries have been reported and an investigation is underway.

Work On Nakheel’s World Could Start By 2014 – Chairman

The Dubai developer says it has started receiving fresh interest from investors for the stalled development.

Toyota SUV Sales Record Strong Gulf Growth

Land Cruiser leads the sales in the SUV category while Prado and Rav4 also has recorded considerable growth in H1 2013.

Jet-Etihad Deal Hits Another Roadblock

The Indian capital markets watchdog has expressed reservations that the control of Jet stands the chance of passing into foreign hands post the deal.

First Gulf Bank Reports 15% Rise In Q2 Net Profit

The lender is rapidly diversifying its presence, both domestically and internationally.

Revealed: Top 10 Indians Who Shaped The UAE

Prominent Indians have influenced and enriched the everyday lives of people in the UAE over time.

National Bank Of Abu Dhabi H1 Profit Up 25.6%

The UAE’s largest lender made a net profit of Dhs2.6 billion in the first half of the year, on the back on increased revenues.

UAE’s Mobile Service Revenues Hit Dhs20.4bn In 2012

With one of the highest mobile penetration rates in the world, the UAE recorded strong growth in the telecoms sector last year.

Etisalat In Exclusive Talks With Vivendi For Maroc Tel Stake

The UAE telecoms operator is planning to buy the French firm’s 53 per cent stake in Maroc Telecom for 4.2 billion euros.

Dubai’s Debt Wall Still Looming?

As Dubai inspires growing investor confidence, its debt problems remain a cause for concern.

Dubai Pardons Norwegian Woman Convicted After Reporting Rape

Marte Deborah Dalelv, 24, had been awaiting an appeal hearing of her 16-month sentence.

Abu Dhabi Property Prices Up 5% In Q2 2013

The residential sales market continued to grow due to UAE’s safe haven status while rents stabilised after a growth spurt in Q2 2013.

Dubai’s Emirates NBD Beats Forecasts As Q2 Profits Surge 50%

The lender made a net profit of Dhs972 million in the three months to June 30.

UAE Thwarts Cyber Attacks Targeting Government Sites

The cyber attacks reportedly originated from Egypt.

Dubai’s Aramex Q2 Net Profit Rises 12%

The performance of the logistics firm was boosted by growth in core Gulf and African markets.

Dubai Islamic Bank Reshuffles Management, Appoints New CEO

Adnan Chilwan, who was previously deputy CEO at the bank, replaces Abdullah Al Hamli as the new chief executive.

Nasdaq Dubai Appoints Hamed Ali As CEO

Ali has held the role of acting CEO since August 2012 following the departure of previous CEO Jeff Singer.

Majority Of UAE Residents Claim To Be Stressed But Happy

Increased cost of living and work-related issues are the main reasons causing stress, finds survey.

Dubai Consumer Complaints Rise Sharply In H1 2013

The services sector, along with the electronics sector, accounted for over half the increases in consumer complaints this year.

Dubai Financial Market Q2 Profit Soars On Higher Trading

The firm made a net profit of Dhs69.5 million in the three months to June 30, compared with Dhs10.2 million in the same period of 2012.

Dubai’s Retail Sector Drives Growth During Q1

Industry, finance, transportation, real estate and construction are some of the other key sectors driving economic growth in the emirate.

Abu Dhabi Food Prices Rise 1.9% During Ramadan

Despite government efforts, food prices are rising throughout the Holy month with coffee, tea and cocoa up by 5.4 per cent since Ramadan began.

Sheikh Mansour Sells 6% Stake In Barclays

The Manchester City owner sold all of his stake in the British bank after helping to rescue the lender during the financial crisis.

Dubai Significantly Fuels Your Personal Creativity

Nicolai Tillisch explains how a place like Dubai can make you substantially more creative – and the shortcuts you should avoid.