Home next GCC next UAE

UAE

Alitalia In Talks With Etihad For Possible Investment

The struggling Italian carrier is studying other options as well, said its CEO.

Apple’s iPhone 5 Is UAE’s Most Popular Smartphone – TRA

iPhone 5 had a marketshare of 2.8 per cent in the third quarter, slightly higher than Samsung’s Galaxy S3.

BAE Systems Falls After UAE Halts Eurofighter Talks

The company had been in discussions with the UAE about a deal possibly worth around $9.82 billion.

Broadening Dubai Derivatives

As the UAE market outlook improves, DGCX is looking to expand its offerings.

How Does Air Traffic Control Work At Dubai International Airport?

Ever wondered how your aeroplane is guided out of the airport? Or how aircrafts don’t bump into each other in the sky? Here’s a step-by- step guide.

Dubai Ranks 23 Among World’s Most Expensive Office Markets

Dubai’s office rental market growth is driven by the emirate’s favourable economic and investor-friendly conditions.

Commercial Bank Of Dubai Obtains $450m Loan

Proceeds from the three-year loan will be used for general business purposes.

Etihad Signs Codeshare With Aegean Airlines

Agreement provides Greeks with greater global connectivity and Etihad with improved access to Greece and mainland Europe

Dubai’s Abraaj Plans Further Turkey Deal Next Year

Abraaj bought 80 per cent of dairy producer Yorsan Gida Mamulleri AS for an undisclosed price this month.

Dubai’s Empower Said To Appoint Banks For $600m Financing

Empower is planning a takeover of rival utility Palm District Cooling, say sources.

UAE Plans To Hike Emiratisation In The Media Sector

Currently emiratisation in the UAE’s media industry stands at just a little over 25 per cent.

Flora Hospitality Unveils Dhs750m Dubai Expansion

Non-alcoholic chain embarks on new growth curve following Expo win

Top 10 Google Search Terms In The UAE

Ramadan 2013, Gangnam Style and smartphones’ search queries top Google 2013 trending list for the UAE.

Emaar’s Board Approves Phased Conversion of Bonds to Shares

The conversion of all the bonds is estimated to lead to the creation of around 420 million shares.

Dubai Ruler Establishes Centre To Boost Islamic Economy

The centre will work towards promoting Dubai as a centre of Islamic finance.

Expo 2020 Allegations By Gulf News “Baseless”, Says Pakistan

The newspaper defends its decision to publish the editorial, which accuses Pakistan of betraying the UAE by not supporting Dubai during the Expo 2020 vote.

Dubai Reveals Roll-Out Plan For Mandatory Health Insurance

Larger companies will need to implement the law by October 2014, says Dubai Health Authority.

Do Women Choose ‘Pink’ Gadgets?

Women value functionality over design or colours when purchasing tech products.

Dubai Government To Hike Staff Pay By Up To 100%

Selected employees will receive salary hikes of between 30 to 100 per cent, the government has said.

Dubai’s Retail Market Not Saturated – MAF CEO

The retailer plans to invest over $1 billion annually over the next five years on expanding its business.

Dubai Sells Stake In Landmark Miami Hotel To Turnberry

Dubai World had paid $375 million in 2008 for its 50 per cent stake in Fontainebleau Miami Beach.

Dubai’s Arabtec Denies Drake & Scull Merger Speculation

Shares in Drake & Scull, which are up 93 per cent year-to-date, have been buoyed by the merger speculation.

TAQA Receives UK Approval For North Sea Development

The Morrone field is expected to initially produce over 3,000 barrels of oil equivalent per day.

UAE’s Low-Income Earners Found To Save More

The survey found that low-income earners saved two per cent more than the UAE’s general population.

Emaar Shares Fall 3.3%, Most In A Month

Dubai’s benchmark index declined 1.6 per cent, paring the surge for the year to 93 per cent.

Waldorf Astoria Dubai Palm Jumeirah Targets December 24 Soft Opening

Hilton’s top-end brand will reach out to tourists and corporates

UAE Ranked World’s 11th Biggest Clothing Importer

UAE’s strong growth in its retail sector is expected to boost the country’s apparel industry.

UAE’s Bank of Sharjah Sees 25-30% Profit Growth In 2013, 2014

The bank benefited this year from lower bad loan provisioning and the writing back of existing impairments.

Villa Resort Opens On Sir Bani Yas Island

Couples can now get even closer to the wildlife and island’s distinctive environment.

UAE Nationals Exempt From EU-Schengen Visa

The decision has been passed by the EU Council of ministers, but requires final approval from the European Parliament.