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The UAE’s Retail Battle

Abu Dhabi is significantly ramping up its retail offering and may even steal market share away from Dubai.

BlackBerry “Still A Leading Smartphone Player In UAE”

BlackBerry is committed to investing in the UAE, writes Nick Horton, managing director for Middle East and North Africa, BlackBerry.

WEF Study Ranks UAE 24th For Human Capital

The UAE’s ranking was boosted by high scores in the education pillar and its ability to retain talent.

80% Of UAE SMEs Planning On Hiring

SMEs in the construction, IT and project management sectors are in the biggest need of new hires.

S.Korea Signs $5.4bn Currency Swap Deal With UAE

The arrangement lets either country swap 5.8 trillion Korean won for 20 billion dirham, or vice versa.

Dubai Property Projects Need Strong Funding

Expert says buyers should have a long-term perspective in mind when purchasing property, which would make the market more sustainable.

OPEC Crude Output At Right Level – UAE

OPEC’s September output was the lowest since October 2011, when the group pumped 29.81 million bpd.

India To Become MENA’s Top Trading Destination By 2030

India will account for 14 per cent and 18.5 per cent of exports from the UAE and Saudi Arabia respectively by 2030.

Alitalia Sets Out €500m Budget Lifeline

Etihad codeshare partner Alitalia is set to receive €300 million from shareholders and €200 million from bank credits

UAE Announces Bid to Host 2019 World Energy Congress

The event, which takes place once in three years, attracts over 5,000 industry leaders.

Different Arab money

Malaysia, UAE Tie Up To Boost Economic Ties, Islamic Finance

The two financial hubs held a combined $181 billion in sharia-compliant banking assets as of 2011

India Sells Wheat To UAE, First Private Deal Since Late August

The UAE has purchased 30,000 tonnes of milling wheat from India.

UAE Economy Back On Track

It’s been a landmark year for the UAE as the economy rebounds, but debt worries and nationalisation concerns still loom.

Tough Lessons: How Not To Manage Social Media

Recent incidents have proven that companies damage their reputations if they stumble on social media platforms.

Call To Naturalise Expats Stirs Anxiety Among UAE Locals

Prominent UAE commentator Sultan Sooud al-Qassemi suggested in an op-ed that citizenship could be opened to long-time foreign residents.

Dubai Properties Group Launches 450 New Villas In Mudon Community

DPG announced the new villas following the sell-out of all the initial units in its Dubailand-based residential project.

Gulf Cash Is Fuelling New Dubai Property Boom

About $40 billion worth of property projects were announced in the first half of 2013, and a further $11 billion in the two weeks before Cityscape.

Etihad Raises Virgin Australia Stake to 19.9%

The Abu Dhabi-based airline now holds more than 515 million shares in its equity partner airline

Dubai’s Hotels See Occupancy Rates Rise To 79%

Dubai’s hospitality sector has been recording a strong growth rate.

Dubai’s Property Market Is Back… But Is The Greed Too?

With a deluge of new projects, it remains to be seen if the government’s measures will make Dubai’s property market sustainable.

Dubai Properties Group Plans New Beachfront Hotel In JBR

The developer also plans to construct an amphitheatre on The Walk alongside the hotel.

Will Dubai’s Property Prices Continue To Rise?

Some experts predict a further hike in sales prices, though other insiders say that rates have stabilised.

Citi, Qatar Bank Hold Up Al Jaber’s $4.5bn Debt Talks

Abu Dhabi conglomerate Al Jaber Group set up a five-bank creditor committee in 2011 to negotiate a $4.5 billion restructuring

Abu Dhabi’s Aldar Seeks $1.5bn Finance Before Bond Maturity

The proposed financing comes ahead of a $1.25 billion bond maturity in May 2014

Etihad To Buy Five B777-200LRs From Air India

Abu Dhabi carrier makes unusual move in order to meet Los Angeles launch next summer

Etihad Signs Air Baltic Codeshare And Doubles Jakarta Flights

Etihad expanding east and north as Jakarta flights set to double at the end of October and Latvian trade links to be bolstered by airBaltic’s new flights from December

Damac MD Confident In Dubai Property Market

Luxury property developer dismisses fears of another market crash.

Dubai Developer Sobha To Hire 2,000 As Mega Project Takes Shape

Sobha, in a joint venture with Dubai’s Meydan, is currently developing the Dhs25 billion Mohammed Bin Rashid City – District One project.

Dubai Lists First New Stock In Four Years, But No Trading

Bank of London and The Middle East, Britain’s largest stand-alone Islamic bank, was listed on Nasdaq Dubai

Abu Dhabi’s NBAD Plans Asia Push For Debt Markets Business

The bank arranged 20 debt issuances worth around $16.3 billion in 2012