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  • 15 movies theatres to open in Nakheel Mall

    The giant leading developer, Nakheel, recently signed a contract with one of the biggest cinema operators of the world, Vox Cinemas, to open 15 movie theatres in Nakheel Mall on Palm Jumeirah. ...

    19/11/2014 04:11:35 PM

  • Saudi construction activity plunged harshly

    Saudi Arabia`s construction activity plunged harshly within the first nine months of 2014, having overall building contracts across the kingdom dropping by 37 percent. Almost SAR34.3 bil...

    19/11/2014 02:42:28 PM

  • Viva Kuwait to list its shares six years after IPO

    Kuwait’s second-largest telecommunications operator Viva Kuwait, announced on Tuesday it will list its shares next month, after an unexplained 6-year delay following its initial public ...

    19/11/2014 12:40:25 PM

  • Dubai`s attractiveness is ranked #1 in the world

    According to an Insead Alumni survey, Dubai is ranked #1 in the world in attractiveness, the top city to live and work in with the highest quality of life in terms of private and professional...

    19/11/2014 12:16:57 PM

  • Qatar Airways to receive its first Airbus A350 on time

    The state-owned flag carrier of Qatar, Qatar Airways, will receive next month its first Airbus A350 as affirmed yesterday by the company’s chief executive, Akbar Al Baker. Qa...

    19/11/2014 10:48:39 AM

  • Abu Dhabi new VIP terminal ready to receive passengers

    The newly launched Abu Dhabi International Airport VIP terminal is ready to receive passengers and expects actually more than 30,000 within its first year of operation as believed by chief oper...

    19/11/2014 09:37:21 AM

  • Turkey to launch the first 10-year sukuk

    Turkey has initiated plans to issue a dollar-denominated 10-year benchmark sukuk on Monday, marking the third annual excursion of Turkey into Islamic bond markets. Turkey sta...

    18/11/2014 03:14:41 PM

  • Palestinian marble manufacturers choose not to surrender

    Palestinian stone and marble manufacturers choose not to surrender by expanding their revenue sources amid increasing cost of production and less competitive markets alongside an unstable envi...

    18/11/2014 03:01:56 PM

  • UAE banking sector is seeing healthy loan growth this year

    The United Arab Emirates banking sector saw firm healthy loan growth for the first nine months t his year, although bank lending remain strict and very precautious under specific loan ratios...

    18/11/2014 01:46:42 PM

  • Emirates new job vacancies

    Dubai`s Emirates airline in cooperation with the National Human Resources Development and Employment Authority (Tanmia) has organized an employment event for five open days that aims to fill up...

    18/11/2014 11:26:20 AM

  • Qatar first project in Tajikistan

    Qatari sovereign wealth fund that is specialized in domestic and foreign investment, Qatari Diar Real Estate Investment Company, will develop for the first time a real estate mega project in T...

    18/11/2014 09:27:02 AM

  • Dubai Parks and Resorts give its expertise to Emirates

    Dubai Parks and Resorts signed recently an accord with Emirates Airline to swap over its knowledge and expertise regarding its unique successful marketing skills and expand both local giants. ...

    17/11/2014 03:10:47 PM

  • Kazakhstan`s Air Astana in talks with Emirates

    Kazakhstan`s Air Astana was in talks with Emirates regarding signing a code share agreement; an aviation business arrangement where two or more airlines share the same flight, said Peter Fos...

    17/11/2014 01:38:34 PM

  • Fawaz Alhokair Group to launch an Emaar-like malls IPO, but bigger

    Saudi Arabia retailer Fawaz Alhokair Group announced plans on Monday to raise as much as $2 billion from listing its Arabian Centres malls unit. Chief executive officer of FA...

    17/11/2014 01:08:32 PM

  • Literacy in Saudi Arabia stipulates obligatory education

    More than half a million of Saudis from the age 15 to 34 are uneducated, which is a minor literacy rate but represents a threat to the kingdom as this rate can easily increase annually to st...

    17/11/2014 11:02:31 AM

  • 27 retailers to open in Palm Jumeirah’s Golden Mile

    Around 27 retailers are waiting patiently to open their stores along the Palm Jumeirah’s Golden Mile, the sea side of the man-made island, after a court arrangement finally gave the gr...

    17/11/2014 10:59:24 AM

  • Egypt`s Orascom Telecom net loss narrows in third quarter

    Egypt telecommunications operator Orascom Telecom reported on Sunday a decline in net losses in the third quarter. Net loss came at EGP72.6 million ($10.2 million) in the July...

    17/11/2014 09:15:43 AM

  • Dubai to open 51 new schools by 2020

    Dubai will need to open around 51 new schools by 2020 to cope with the growth of its population, a real estate consultancy said last week. A report released November 11 by Colliers...

    16/11/2014 05:45:08 PM

  • UAE`s Super Priority Visa Service

    The UAE has become is expected to be granted the fast 24-hour Super Priority Visa Service, which helps business leaders, wealthy tourists and investors to travel urgently to the 7-emirate n...

    16/11/2014 01:58:24 PM

  • Dubai`s DSI reports better-than-projected Q3 profit

    Dubai`s Drake & Scull (DSI) reported a 10 percent drop of its net profits for the third quarter but beat the market forecasts with the help of increased revenue in the same period. ...

    16/11/2014 12:15:42 PM

  • Arabtec net profit plunges in third quarter

    Dubai`s leading construction company Arabtec posted 32% drop in third-quarter net profit, trailing analysts` average forecast as overall expenses almost doubled compared to a year earlier. ...

    16/11/2014 07:43:33 AM

  • Emirates NBD`s $1 billion 5-year bond sale finds robust demand

    Emirates NBD was said to have raised $1 billion from a five-year bond sale, sources familiar with the matter said, which marks the third debt sale by the UAE’s second-largest bank in o...

    13/11/2014 03:00:18 PM

  • Dubai`s Dnata airport revenue up by 3%

    Dubai`s Dnata, one of the largest suppliers of combined air services in the world, saw its airport operations revenue in the first half of this year incline only by 3 percent according to Emira...

    13/11/2014 12:06:19 PM

  • Etihad to expand flights to Delhi, Mumbai

    The flag carrier airline of the United Arab Emirates, Etihad Airways, announced publicly that it will expand in Delhi and Mumbai with three additional flights starting from next year. ...

    13/11/2014 11:00:08 AM

  • Emaar Properties denies sponsorship rumors

    One of the top UAE`s real estate development companies, Emaar Properties, denied a potential sponsorship deal with one of the top known European football clubs, Liverpool Football Club. ...

    13/11/2014 10:36:22 AM

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