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Bill Clinton: Dubai In “Strong Position” To Win Expo 2020 Bid

The former US President says the emirate’s model of “shared prosperity” is an inspiration for the Middle East.

Mashreq Sues ING Over Losses Tied To ‘Roach Motel’ Debt

The Dubai-based lender is accusing Netherlands-based ING of losing 40 per cent of a $108 million investment.

Abu Dhabi Firm Al Jaber CFO Resigns Amidst Debt Talks – Sources

The conglomerate is currently in the midst of a $4.5 billion debt restructuring.

Etihad’s Jet Stake Deal Delayed Until August

The Abu Dhabi-based carrier is eyeing up a 24 per cent stake in the Indian airline, valued at around $330 million.

Spring GITEX Shopper Offers Glimpse Of Main Event

The shorter GITEX technology event in March indicated 2013 will be dominated by tablet computers, mobiles and accessories.

Damac Announces Launch Of New Project, Lincoln Park, In Dubai

This is the developer’s fourth project launch so far this year.

Gulf Capital Unit Buys Stake In Turkish Diagnostic Firm

Techno Group Investment Holdings bought a 75 per cent stake in Turkish firm Dogu Tip for an undisclosed sum.

Emaar Boss Will Not Take Write-Downs On Amlak Investment

Mohammed Alabbar was speaking at Emaar’s AGM where shareholders approved a 10 per cent cash dividend.

Etihad CEO: “We Cannot Catch Emirates”

James Hogan, CEO of Abu Dhabi-based Etihad Airways says it is not about being the biggest, but about being the smartest.

Do You Have The Best UAE Credit Card Deal?

We compare the interest rates, annual fees and perks offered by financial institutions in the UAE.

UAE Central Bank To Introduce Direct Debit System

The new move, to be introduced in mid-June, will allow customers to make automatic loan payments from their bank accounts.

No Reason To Panic In UAE After Earthquake, Say Officials

The 6.2 earthquake that hit Iran on Tuesday was about 500kms away from Abu Dhabi, with tremors affecting the entire GCC.

Twitter In GCC, Dubai Earthquake Frenzy

Social media users reported their ‘experiences’ of the earthquake tremors in a flurry of tweets.

Earthquake In Iran Felt Across Dubai, GCC

An earthquake measuring a magnitude of 6.3 struck on Tuesday 60 miles south of the city of Bushehr in Iran.

Sharjah Islamic Bank To Issue $500m Sukuk

Lead arrangers released official price guidance at 3.125 per cent after suggesting the low three per cent area as an indicator.

UAE Soccer Chief Criticises Asian Olympic Body

Yousuf Al Serkal is one of four candidates vying for Asian football’s top job.

Etisalat Says Unblocks Skype Website

The UAE telecoms operator had been blocking Skype, the free internet-to-internet phone calls site, for several years.

Emaar Launches First Project Within Mega-Development Reem

The developer will launch the sale of 188 townhouses in Mira this month.

Emirates Flying Milan-New York From October 1

Italian Civil Aviation Authority has authorised the services, an extension to one of Emirates’ existing triple daily flights, on an extra-bilateral basis.

Ajman Bank’s Acting CEO Resigns

Mohammad Zaqout, previously executive vice president of personal banking at Al Hilal Bank, will be the new chief executive.

Etihad-Aer Lingus Codeshare Gains US Regulatory Approval

Etihad passengers flying on Aer Lingus’ planes to New York and Chicago can now pre-clear US Customs and Border Protection in Dublin

Sir Maurice Flanagan Retires From Emirates

Executive Vice Chairman who has been pivotal in managing Emirates’ growth in the last 28 years stepped down from his position on Sunday

Abu Dhabi’s Kizad Awards Dhs100m Contract to UAE Firm

Khalifa Industrial Zone Abu Dhabi has awarded a deal to construct phase 1 of its pre-built warehousing to UAE’s System Construct.

Etisalat Lines Up $8bn Loan For Vivendi’s Maroc Stake Bid

French media group Vivendi aims to offload its 53 per cent holding in Moroccan firm Maroc.

The GCC’s Health Scare

The regional president of Medtronic, one of the world’s biggest medical companies, explains the Gulf’s health timebomb.

Etihad Airways Q1 Passenger Revenues Up 19%

Passenger revenues at Etihad totalled $900 million in the first quarter of 2013, compared with $758 million a year ago.

Bad Weather In UAE Delays Flights

Heavy rains and thunderstorms have delayed flights operating to and from the country.

Dubai Islamic Bank Repays Dhs3.7bn To UAE Finance Ministry

The bank received the deposit in 2008 to boost its financial strength during the financial crisis.

Is Cyprus Too Small To Matter?

With the Euro bailout of the island country of Cyprus what are the implications for the UAE and Middle East?

Indian PM To Visit UAE In Early August

Manmohan Singh’s visit will be the first by an Indian prime minister in over three decades.