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ADNOC To Offer Cleaner Diesel Fuel For 2013 Term Contract

The move would make ADNOC the first Middle Eastern producer to export ultra-low sulphur diesel outside the region.

Eid Al Adha Holidays Announced In UAE

Private sector employees will be given three days, while the public sector will remain closed for four days.

LIVE at Gitex 2012

Gulf Business reports live from MENA’s biggest ICT event.

Abu Dhabi Islamic Bank Posts 3% Rise In Q3 Profit

The lender made a profit of Dhs328.5 million during the third quarter of the year.

The Rapid Rise Of Budget Tablets

Bargain-bucket tablets are quickly outselling laptops in the UAE, say retailers.

Dubai Bourse Targets Oil Buyers, Region’s Banks

The Dubai Mercantile Exchange plans to shift its focus away from national oil companies, said its new CEO.

Abu Dhabi 2011 Economic Growth Fastest In Seven Years

The emirate’s economy grew 6.8 per cent last year, according to government data.

UAE Telco Etisalat Will Not Exit Foreign Markets- CEO

The telecommunications firm operates in 17 countries in Africa, Asia and the Middle East.

Dubai’s Limitless To Repay Lenders By 2016

The property firm reached a restructuring agreement with creditors on a $1.2 billion loan last week.

UAE Consumers Fail To Save

Overspending and a lack of financial planning spell an insecure future for UAE residents.

Gitex: Ford Showcases Seat To Read Heart Beat

The biometric seat being developed by the car maker will be able to monitor driver wellness and stress levels.

Gitex: STC Announces New Partnerships

The Saudi telecom giant has made several announcements on the opening day of technology week, including deals with Ericsson, Huawei and Wikipedia.

Dubai’s Limitless Restructures $1.2bn Loan

The property firm will now be owned by the Dubai government.

How To Get A Job In Dubai

A step-by-step guide to finding employment in the UAE hub from the CMO of the region’s leading online recruiter, Bayt.com.

Gitex 2012: Tomorrow’s World

The region’s largest ICT event takes place this month from 14-18 October at Dubai’s World Trade Centre.

Nakheel appoints Manchanda as CEO

Manchanda had been acting CEO of the Dubai-based developer since June 2011.

Abu Dhabi’s NBAD Places $32m Renminbi Bond

BNP Paribas arranged the deal, which will settle on October 16.

Gitex: 1,000 New Launches Expected This Year

Dubai’s biggest annual technology event hopes to welcome over 130,000 visitors.

Emal Picks Banks For Up To $1bn Bond Issue- Sources

Emirates Aluminium reportedly picked Goldman Sachs, Citigroup and Abu Dhabi Commercial Bank for the potential bond.

UAE Federal Budget Gap Rises To $762m In H1

The UAE’s federal budget deficit reportedly rose to Dhs2.8 billion in January-June, above the government’s original forecast.

UAE Central Bank Extends Lending Cap By Six Months – NBAD

The central bank introduced caps for loans made to local governments and their entities in April this year.

Qantas CEO: No Alternative To Emirates Deal

Dubai and Australia’s flagship airlines are waiting on the results of a competition watchdog’s ruling ahead of their planned alliance.

Gulf States Must Tackle Muslim Brotherhood Threat

UAE’s foreign minister has said the Brotherhood does not believe in the nation state or the sovereignty of the state.

National Bank Of Abu Dhabi To Expand Islamic Banking

NBAD is looking to reap 10 per cent of its operating income from Islamic banking by 2020, up from three per cent currently.

Etihad Eyes Asia And India Partnerships

Abu Dhabi’s flagship airline is looking at more minority stakes to further expand its global reach, says CEO.

Dubai Duty Free Eyes $1.6bn Sales By Year-End

The airport retailer saw sales increase 10 per cent year-on-year during the first nine months of 2012.

Etihad Airways Q3 Revenues Up 19%

Passenger revenues were boosted by code sharing and partnerships.

Dubai’s Ruler Approves Canal Expansion

His Highness Sheikh Mohammed bin Rashid Al Maktoum has given the green light on the $411 million Business Bay project.

Barclays Replaced By National Bank of Fujairah On UAE Rate Panel

UK-based Barclays quit the panel in July.

Violators Should Be Punished – Dubai Properties Group CEO

Property developers not complying with the laws and rules set by Dubai’s RERA should face strict penalty, says Khalid Al Malik, DPG’s group CEO.