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UAE Submits Official Bid To Host World Expo 2020

Dubai is competing against four other cities to host the major world event.

TAQA, GIB To Price Bonds In Late-Year Gulf Flurry

Abu Dhabi National Energy Co (TAQA) has $1.75 billion in bond maturities next year.

UAE Authorities To Help Clear Emiratis Debts

New scheme means loan repayments by citizens will not exceed 50 per cent of their monthly salaries.

Top 10 Expensive Homes In The UAE

The most highly priced properties for sale on UAE’s market.

Samoa Win The Emirates Airline Dubai Rugby Sevens

The Pacific Islanders win their first stage event on the World Series.

Pictures: UAE National Day Celebrations In Dubai

A gallery showcasing the celebrations of the 41st UAE National Day in Dubai on December 2, 2012.

Merck Serono To Produce Medicines In UAE

The German pharmaceutical firm will produce two products in Abu Dhabi.

Abu Dhabi’s TAQA Buys Iraqi Kurdish Oil Block

TAQA has purchased 53.2 per cent from General Exploration Partners.

Revealed: Top 10 UAE Bank Profits In Q3 2012

Gulf Business brings you the top 10 banks in the UAE with the heftiest third quarter profits this year.

Dubai October Passenger Traffic Jumps 14.3%

The airport, one of the world’s busiest, handled 4.92 million passengers in October.

Dubai Says Funds Available For Mega Projects

A senior Dubai government official says the UAE has adequate funds to build its multi-billion dollar projects.

Dubai Goes Back To The Future

Mega hotels, theme parks and grandiose announcements – does this remind you of anything?

EXCLUSIVE: Noor CEO: UAE Rule On Lending “Challenging”

Hussain Al Qemzi says that it’s not easy to adhere to the central bank’s regulations on lending to GREs.

TAQA Buys BP’s UK Assets Worth $1.3bn

The deal comes weeks after British Prime Minister David Cameron’s visit to the UAE.

Abu Dhabi’s IPIC To Raise $2.9bn In Bond

International Petroleum Investment Company (IPIC) plans to issue a dual-curency bond spread across two tranches.

‘UAE Economy Strong’ – Central Bank Governor

Sultan bin Nasser Al Suwaidi says that the banking sector in the country has stabilised and lenders have a solid capital base.

Revealed: Top 10 Companies In The UAE

The biggest businesses in the United Arab Emirates.

UAE Best Arab Country To Be Born In, Sheikh Mohammed Tweets

The Gulf country came 18th in the Economist Intelligence Unit’s global list of the best countries to be born in.

UAE’s Etisalat Backs Saudi Unit After SIM Ban

Etisalat’s Saudi unit, Mobily, has been banned from selling pre-paid SIM cards by the Kingdom’s regulator.

Dubai’s Economy Grows 4.1% In First Half Of 2012

Booming tourism made up for the slow down in growth in foreign trade.

25% Of New UAE Hotel Projects On Hold

While 21 per cent of UAE hotel projects in the pipeline have been postponed, 54 per cent are confirmed, finds new study.

Dubai Group Cuts Half Of Staff In Cost-Cutting Move

Most of the job-cuts are in back office roles such as IT, according to sources.

Dubai Plans $2.7bn Theme Park Complex

The project, to be developed by Meraas, will also include a Bollywood-themed section.

Etihad Airways To Buy Stakes In Indian Airlines

Abu Dhabi’s flagship carrier is eyeing up minority stakes in Jet Airways and SpiceJet.

Dubai’s Ruler Orders Expansion of World’s Tallest Hotel

Sheikh Mohammed instructs work to begin on the second phase of the Dhs2.5 billion JW Marriott Marquis.

Abraaj Capital Unit Buys Indian Remittance Firm

Card payment processor Network International has acquired a stake in TimesofMoney for an undisclosed sum.

Dana Gas Offers Bondholders Sweetened Debt Deal

The Sharjah-based natural gas producer failed to repay its creditors on the maturity of its $920 million Islamic bond last month.

NBAD Issues 500m Malaysian Ringgit Sukuk

The 15-year Sukuk is National Bank of Abu Dhabi’s third issuance in the South East Asian currency.

Emirates, Arsenal Sign $240m Partnership

The deal grants the Dubai-based airline a five-year extension to its shirt partnership with the football club.

Dubai Plans Mega City; World’s Largest Mall

The mall will be part of a new retail and tourism complex that also includes a park bigger than London’s Hyde park.