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  • Dubai airport`s first Ebola passenger

    A passenger on a plane that arrived at Dubai airport from Liberia was tested negative for the Ebola deadly virus and left the country after it was ensured that he was free from the disease. ...

    22/10/2014 04:52:20 PM

  • Jazeera Airways posts best quarter in the company`s history

    Kuwait`s low cost airline of choice in the Middle East, Jazeera Airways Group, posted today the company`s best quarter in history Jazeera Airways reported a record net profit of KD8.1 mi...

    22/10/2014 04:28:46 PM

  • Apple sells its first iTunes Gift cards in the UAE

    The world`s top high-tech company, Apple, has officially started selling its iTunes Gift cards in the UAE to continue on leading the technology market across the world and in the Gulf region. ...

    22/10/2014 04:02:15 PM

  • Dar Al Arkan targets a 10% growth next year

    Saudi Arabia`s largest listed developer, Dar Al Arkan, plans to spend over SAR1 billion ($267 million) on projects in 2015 and targets a 10 percent growth next year. Dar Al Arkan does no...

    22/10/2014 03:14:23 PM

  • Egypt plans new cash benefits for next year

    Egypt continues on surviving at a slow gradual pace since the political turmoil and plans to introduce new cash benefits for next year as part of government efforts to minimize the impact of su...

    22/10/2014 03:00:34 PM

  • UAE`s Aldar to launch new housing projects in next 3-4 months

    More real estate projects continue on being developed in the UAE at a fast rate this year with recently Aldar, Abu Dhabi`s largest property company and majority-owned by the emirate`s governmen...

    22/10/2014 02:17:43 PM

  • UAE rank as one of the top expat destination drops sharply

    As a result of the enduring rising costs of living in Dubai and Abu Dhabi, the UAE rank as one of the top expat destination dropped sharply according to HSBC’s annual Expat Explorer 2014 ...

    22/10/2014 01:56:23 PM

  • Gulf Air to resume Hyderabad flights

    The national carrier of Bahrain, Gulf Air, announced today that it will resume in December flights to Hyderabad, the fourth most populous city in India. As part of cost-cutting strategy,...

    22/10/2014 01:11:15 PM

  • Dubai real estate to offer more transparency

    The Real Estate Regulatory Agency (RERA), announced the launch of the first Service Charge and Maintenance Index for properties to offer more transparency to costs related to real estate in the...

    22/10/2014 12:58:36 PM

  • Dubai real estate sees downward trend for a third quarter

    Dubai`s real estate sector witnesses a downward trend for a third consecutive quarter this year with a stabilization or actually lower rental rates and prices. Apartment and villa rental...

    22/10/2014 12:46:07 PM

  • Abraaj Group to buy a majority stake in Kudu

    Abraaj Group, private equity firm, is looking forward to finalize its deal to buy a majority stake in Kudu, a leading Saudi fast-food chain, to continue on operating in the growth markets of As...

    22/10/2014 12:31:09 PM

  • ADCB Q3 profit inline with analysts forecasts

    Abu Dhabi Commercial Bank (ADCB) came inline with analyst`s forecasts as it reported today a 16.4 percent increase in third-quarter net profit supported by a significant cutback in impairment a...

    22/10/2014 10:58:50 AM

  • Saudi Arabia Airlines plans to raise around 10 bn riyals

    Saudi Arabia Airlines plans to raise around 10 billion riyals to finance aircraft orders and operating costs through the listing of its ground-handling, cargo and maintenance units. The ...

    22/10/2014 10:01:39 AM

  • Royal Air Maroc projected airline alliance

    Morocco’s national carrier, Royal Air Maroc, may join an airline alliance by next year to enhance its corporate offering, expand its flights and access to Asia and other regions. T...

    22/10/2014 09:46:20 AM

  • Emirates NBD net profit doubles in the third quarter

    Dubai’s largest bank, Emirates NBD, said on Wednesday third quarter net profit doubled, and beat estimates by a wide margin on a decline in provisioning. Emirates NBD p...

    22/10/2014 08:18:14 AM

  • McDonald`s profit down by 30%

    The huge and leading fast-food corporation, McDonald`s Corp, reported a worse-than-expected 30% drop in its third-quarter earnings on a global scale and described its challenges as more formida...

    21/10/2014 05:59:46 PM

  • Abu-Dhabi expands local film production

    Along with more Dubai and Abu Dhabi news and sports channels launched in the Arab world, Abu Dhabi is expanding in film production with its leading production arm, Image Nation, working on a lo...

    21/10/2014 04:28:20 PM

  • Dubai`s inflation jumped to its highest level since May 2009

    According to consumer price data released by Dubai Statistics Centre, Dubai`s inflation rate jumped to its highest level since May 2009 in September amid higher housing and utility costs. ...

    21/10/2014 04:05:58 PM

  • Gang caught after robbing 5 million dirhams from ATM machines

    The eastern European gang that robbed millions of dirhams from customers in a sophisticated ATM scam was arrested by the police this week. The gang`s victim was some travelers fr...

    21/10/2014 01:41:44 PM

  • Premier Inn plans to double Gulf hotel rooms

    The British budget hotel and UK`s largest hotel brand, Premier Inn, has announced plans to almost double its hotel rooms in less than three years, citing accelerating growth in the Middle Eas...

    21/10/2014 01:13:31 PM

  • Emirates airline growth to slow down until 2020

    United Arab Emirates airline (Emirates) will see its growth slowing until the end of the decade amid airport capacity restrictions, which will have Dubai government invest billions of dolla...

    21/10/2014 12:43:09 PM

  • Samsung depends on its latest Note for survival

    South Korean tech giant Samsung is depending massively on its latest Note 4 launched in the U.S. market last week as it recently witnessed a fast decline in profit from its global smartphones...

    21/10/2014 12:07:17 PM

  • IBM agrees to pay Globalfoundries $1.5 billion

    After several months of talks the International Business Machines, IBM, agreed to pay $1.5 billion to take an unprofitable chip-manufacturing unit from Globalfoundries Inc. The $1.5 bill...

    20/10/2014 03:33:19 PM

  • Qatar to buy stake in Hong Kong retailer for $616 million

    Qatar Investment Authority (QIA) is seeking to expand its global portfolio, where it agreed to pay $616 million for about one fifth of the Hong Kong retailer Lifestyle International Holdings...

    20/10/2014 01:14:24 PM

  • Saudi Arabia to host its first Global Business Entrepreneurship Forum

    On the third of November, Saudi Arabia will host the third of November its first Global Business Entrepreneurship Forum (GEF) with the presence of an elite group of international and Gulf spea...

    20/10/2014 12:42:10 PM

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