Latest Industries News

Last Updated: Tue, Jul 22 2014 | 10:43 AM |
UAE's largest lender posts 17.5% rise in Q2 net profit
Banking & Finance»

UAE's largest lender posts 17.5% rise in Q2 net profit

Tuesday, 22 July 2014 2:43 PM

National Bank of Abu Dhabi says it made profit of $386m in three months to June 30

Qatar's largest Islamic bank posts 12% rise in Q2 net profit
Banking & Finance»

Qatar's largest Islamic bank posts 12% rise in Q2 net profit

Tuesday, 22 July 2014 1:50 PM

Masraf Al Rayan beats analysts' expectations by reporting profit of $129.5m in three months to June 30

Chocolate replica of Sheikh Zayed Grand Mosque revealed
Travel & Hospitality»

Chocolate replica of Sheikh Zayed Grand Mosque revealed

Tuesday, 22 July 2014 1:27 PM

Pastry team at Hilton Abu Dhabi crafts masterpiece to mark Eid celebrations

Auris plots five new Dubai hotels and Africa debut
Travel & Hospitality»

Auris plots five new Dubai hotels and Africa debut

Tuesday, 22 July 2014 1:26 PM

Dubai-based hotel group also says it is planning rebranding process to 'reinforce' market awareness

Al Mazaya Holding reveals 631% increase in profits
Property»

Al Mazaya Holding reveals 631% increase in profits

Tuesday, 22 July 2014 1:26 PM

Developer cites increased occupancy rates and strong rental yields for improved performance

UAE's Waha Capital Q2 net profit jumps on AerCap deal
Banking & Finance»

UAE's Waha Capital Q2 net profit jumps on AerCap deal

Tuesday, 22 July 2014 1:26 PM

Abu Dhabi firm says it made $310m profit in quarter, boosted by one-off gain from AerCap investment

UAE's Just Falafel inks deal for Oman expansion
Retail»

UAE's Just Falafel inks deal for Oman expansion

Tuesday, 22 July 2014 1:26 PM

Food operator says it will open 10 new outlets in sultanate; first two will launch in Muscat later this year

Damac says latest Dubai project sells out in one evening
Property»

Damac says latest Dubai project sells out in one evening

Tuesday, 22 July 2014 1:26 PM

Investors snap up nearly 300 luxury apartments in its Downtown Akoya project as property market continues to boom

UAE’s Red Crescent pledges $40m for reconstruction of Gaza homes
Culture & Society»

UAE’s Red Crescent pledges $40m for reconstruction of Gaza homes

Tuesday, 22 July 2014 12:41 PM

Royal cargo plane with 114 metric tons of humanitarian aid lands in Amman

Microsoft’s UAE devices arm stays silent on job cuts
Technology»

Microsoft’s UAE devices arm stays silent on job cuts

Tuesday, 22 July 2014 12:35 PM

Gulf employees’ futures left in doubt as Dubai-based unit keeps plans under wraps

CSCEC wins two Dubai Palm Jumeirah hotel projects
Construction»

CSCEC wins two Dubai Palm Jumeirah hotel projects

Tuesday, 22 July 2014 12:30 PM

China State Construction Engineering Co to build two, five-star resort hotels for Arenco Real Estate

Poste Italiane puts conditions on Alitalia-Etihad deal - sources
Transport»

Poste Italiane puts conditions on Alitalia-Etihad deal - sources

Tuesday, 22 July 2014 11:33 AM

State-owned Italian postal services company is carrier's second-biggest shareholder with nearly 20%

Dubai's Atlantis denies online fire rumours
Travel & Hospitality»

Dubai's Atlantis denies online fire rumours

Tuesday, 22 July 2014 10:15 AM

Palm Jumeirah hotel says pictures are from incident before 2008 opening

Gulf banks in new lending bonanza as foreign banks falter
Banking & Finance»

Gulf banks in new lending bonanza as foreign banks falter

Tuesday, 22 July 2014 9:55 AM

"Local banks are more eager to lend today than at any time in the last five years"

Saudi's Mobily posts 18.6% slump in Q2 net profit
Technology»

Saudi's Mobily posts 18.6% slump in Q2 net profit

Monday, 21 July 2014 6:14 PM

Gulf kingdom's No 2 telecom operator records profit drop after scrapping network sharing deal with Atheeb Telecom


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