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  • 6,000 workers on site at the Grand Mosque in Saudi Arabia

    Under the lead of the Saudi Binladin Group around 6,000 workers on site at the Grand Mosque Expansion Project in Saudi Arabia to allow the religious tourism to extend and receive more pilgrims ...

    18/12/2014 11:08:11 AM

  • Adnoc to take over 25 Sharjah-based fuel pumps from Enoc

    Emirates National Oil Company (Enoc) announced an agreement to transfer 25 non-operational services stations to the Abu Dhabi National Oil Company (Adnoc) network in Sharjah. Adnoc...

    18/12/2014 10:35:16 AM

  • Etisalat launches YotaPhone 2 in the UAE

    Etisalat launches the world’s only dual-screen smartphone, YotaPhone 2 to its customers across the UAE free of charge on an 18-month contract plan for Dh250 with 1GB data to continue on l...

    17/12/2014 04:00:05 PM

  • Oman Air to expand with new aircraft deal

    Oman Air received so far two aircrafts in November and December of this year with a third delivery planned for February 2015 all part of a signed deal of sale and operating leaseback transacti...

    17/12/2014 01:39:40 PM

  • Ezdan Holding raises non-Qatari ownership threshold to 49%

    Ezdan Holding announced on Tuesday that shareholders agreed to increase the threshold of foreign ownership in the company from 25% to 49%. The Qatari developer’s board took t...

    16/12/2014 02:08:36 PM

  • New tourist guide program in Ajman

    A newtourist guide program started in Ajman as revealed this past Sunday by the Ajman Tourism Development Department to enhance the emirate`s touristic services and resources. The progra...

    16/12/2014 01:48:15 PM

  • Etisalat launches customized services to SMEs

    Etisalat lauched this past Saturday customized services to small and medium enterprises (SMEs) across the UAE consisting of a specialized call center featuring suitable and inclusive ICT servic...

    16/12/2014 01:14:17 PM

  • Cheaper airline tickets on oil prices drop

    Airline tickets prices are highly projected to drop starting from next year as a result of the current ongoing plunge of oil prices as stated by the Director General of the General Civil Aviati...

    16/12/2014 10:07:59 AM

  • Aramex expands its footprint in South Africa with PostNet acquisition

    Aramex has substantially firmed its footprint in Africa with the acquisition of PostNet, which is South Africa’s largest privately-owned printing and shipping services. In a ...

    15/12/2014 06:04:20 PM

  • Dubai-based developer to build Africa`s tallest skyscraper, `Al-Noor Tower`

    Middle East Development LLC, a Dubai-based company, is set to build Africa’s tallest skyscraper in Morocco. The 114-story building will be built in Casablanca, is estimated t...

    15/12/2014 02:41:25 PM

  • Kuwait may cut budget spending for next fiscal year

    Kuwait could cut its government spending next fiscal year as its finances are becoming pressured by lower oil prices, the parliamentary committee for budgets said on Sunday. Head o...

    15/12/2014 10:08:09 AM

  • Viva Kuwait slumps 7.1% on first day of trading

    Shares of Kuwaiti telecom operator Viva fell more than 7% on Sunday, which was the debut of the company after more than six years of its initial public offering. Viva was the first...

    14/12/2014 04:05:38 PM

  • Saudi Arabia banks to reduce loan impairment charges in 2015, Fitch says

    Business growth for banks operating in Saudi Arabia will continue to prosper amid the kingdom’s strong macroeconomic outlook in 2015, according to a report by Fitch Ratings. ...

    14/12/2014 12:53:25 PM

  • Emaar Properties to distribute $2.45 billion special cash dividend on December 23

    Emaar Properties announced on Sunday that the AED9 billion ($2.45 billion) special cash dividend will be distributed on December 23 to shareholders. The dividend distribution comes...

    14/12/2014 11:06:33 AM

  • Optimism spotted in the GCC construction sector

    An annual Gulf Cooperation Council (GCC) Construction Survey showed that optimism remains spread throughout the construction sector in the Gulf region with projects worth over AED100 million ($...

    14/12/2014 09:55:12 AM

  • Flydubai to launch new routes

    The leading low-cost airline, flydubai, announced today that it will launch three new routes to its ongoing growing network with flights to Nejran, Hargeisa and Chennai stating from next year f...

    10/12/2014 03:29:45 PM

  • Nakheel started leasing Circle Mall shops

    One of the leading real estate developers in UAE, Nakheel, started to lease 400,000 square feet of shops at The Circle Mall at its Jumeirah Village Circle (JVC) community in Dubai. The C...

    10/12/2014 02:53:02 PM

  • Etihad Airways ceases fuel hedging as oil prices continue to slide

    Etihad Airways said it will be ending a hedging program with its lenders to avoid the risk on jet fuel on the back of oil’s fastest decline in two years. The use of fuel hedg...

    10/12/2014 02:21:59 PM

  • Abu Dhabi real estate attainments to expand in New Scotland

    Abu Dhabi real estate attainments expanded in New Scotland after that it was announced yesterday that Abu Dhabi Financial Group purchased the luxurious New Scotland Yard for $579.1 million. ...

    10/12/2014 01:27:54 PM

  • Dubai World Central signs a $40m aircraft painting deal

    Dubai World Central (DWC), the official name of a major international airport in Jebel Ali, announced yesterday that it signed a $40m aircraft painting deal with STTS; the European leader in ai...

    10/12/2014 12:41:41 PM

  • New real estate project at Dubai Maritime City

    A new real estate project is to be led by Omniyat Group and ANWA at Dubai Maritime City to expand the successful and profitable maritime area of the city where an ongoing increase in business a...

    10/12/2014 10:25:31 AM

  • Hotel guests up by 25% in Abu Dhabi since January

    According to the Tourism and Culture Authority (TCA), since January 2014 till October 2014 Abu Dhabi saw 2.8 million tourists check in their 156 hotels, which represents a 25% increase compared...

    09/12/2014 03:24:04 PM

  • UAE Central Bank considers new rules for bank loans against shares

    The central bank of the United Arab Emirates is considering for new rules that will regarding banks’ credit against shares, according to a senior central bank official. Said ...

    09/12/2014 02:23:15 PM

  • UAE initiates banks Mobile Wallet project

    The United Arab Emirates Banks Federation (UBF) affirmed yesterday publicly that the UAE banks successfully completed the pre-implementation phase of the Mobile Wallet project to expand the us...

    09/12/2014 10:18:13 AM

  • Emirates to expand its jet division

    Dubai`s Emirates airline, which is currently world’s largest airline by international passenger numbers, considers to expand as soon as next year its private jet division to accelerate fu...

    09/12/2014 09:33:48 AM

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