Latest Industries News

Last Updated: Fri, Feb 24 2017 | 7:03 AM |
Saudi energy firm inks deal for Australian solar farm
Energy»

Saudi energy firm inks deal for Australian solar farm

Friday, 24 February 2017 11:03 AM

Fotowatio Renewable Ventures signs agreement with gov't-owned electricity retailer to buy power from solar farm

Oman's Muriya expands beach resort with 84 more rooms
Travel & Hospitality»

Oman's Muriya expands beach resort with 84 more rooms

Friday, 24 February 2017 11:03 AM

Additional rooms have been added to the Fanar Hotel & Residences in the Salalah Beach resort

Dubai consumer complaints rocket by 23% in 2016
Retail»

Dubai consumer complaints rocket by 23% in 2016

Friday, 24 February 2017 11:03 AM

More than 27,000 complaints received as awareness campaigns led to better understanding of consumer rights

Emirates accuses UK's aviation body of acting 'unprofessionally'
Transport»

Emirates accuses UK's aviation body of acting 'unprofessionally'

Friday, 24 February 2017 10:59 AM

Dubai-based airline hits back over claims it breached laws by not paying compensation to passengers who experience a delay

UAE's biggest banks set to see 'solid' profits in 2017, 2018
Banking & Finance»

UAE's biggest banks set to see 'solid' profits in 2017, 2018

Friday, 24 February 2017 2:42 AM

Ratings agency Moody's also says impairment charges likely to rise in 2017, driven by the continued economic slowdown

DXB's $1.2bn Concourse D serves 16.6m passengers in year 1
Transport»

DXB's $1.2bn Concourse D serves 16.6m passengers in year 1

Friday, 24 February 2017 2:42 AM

Final major piece of infrastructure at Dubai International Airport will mark its first anniversary on Friday

Dubai ruler orders 4x4 stunt driver to clean the city's streets
Transport»

Dubai ruler orders 4x4 stunt driver to clean the city's streets

Friday, 24 February 2017 2:41 AM

Driver and passengers punished after performing dangerous stunts on busy road in rainy conditions

UAE hotels see revenue, room rate declines in January
Travel & Hospitality»

UAE hotels see revenue, room rate declines in January

Thursday, 23 February 2017 7:51 PM

Occupancy levels rise marginally, boosted by strong performance in smaller emirates of Fujairah, Ras Al Khaimah and Sharjah

Dubai's du says royalty fee to remain unchanged until 2021
Banking & Finance»

Dubai's du says royalty fee to remain unchanged until 2021

Thursday, 23 February 2017 3:28 PM

Telecoms operator will pay a 15% tax on revenue and 30% tax on profit to the UAE government

Dubai's Expo 2020 launches tender for Emirati food producers
Retail»

Dubai's Expo 2020 launches tender for Emirati food producers

Thursday, 23 February 2017 2:54 PM

Organisers seek producers of authentic Emirati products as part of licensing deals for mega event

Dana Gas sukuk drop as concern rises over looming maturity
Banking & Finance»

Dana Gas sukuk drop as concern rises over looming maturity

Thursday, 23 February 2017 2:30 PM

UAE energy firm had around $300m in cash and bank balance at the end of 2016, less than half the looming sukuk maturity

Dubai's Damac launches new app for investors
Banking & Finance»

Dubai's Damac launches new app for investors

Thursday, 23 February 2017 2:09 PM

Developer says Investor Relations App will enhance its communication with stakeholders on the go

Chemical giant Tronox plans $1.67bn deal for Saudi's Cristal
Industries»

Chemical giant Tronox plans $1.67bn deal for Saudi's Cristal

Thursday, 23 February 2017 2:09 PM

Deal would make Tronox the world's largest producer of titanium dioxide with total capacity of 1.3m tonnes per year

Emirates set to unveil upgrade to A380 Onboard Lounge
Transport»

Emirates set to unveil upgrade to A380 Onboard Lounge

Thursday, 23 February 2017 2:01 PM

Dubai-based airline says new look has been inspired by private yacht cabins, with seating space increased

Egyptian real estate developers suspend Saudi projects
Construction»

Egyptian real estate developers suspend Saudi projects

Thursday, 23 February 2017 2:00 PM

Four companies halt housing deals with Saudi gov't amid political tensions between the two countries


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