Bank “delivered strong results in a challenging operating environment in 2016”
Author Archives: Staff Writer
Ireland plans to double exports to GCC
“Countries here need long-term supply security and that’s a space we need to look at,” says official
Time for Dubai to set the stage for women
Performer wants to shine a spotlight on female musicians, but there is a lack of opportunities
UK’s May visits Saudi Arabia to promote trade and security
Visit is the prime minister’s first overseas trip since giving official notification the UK will leave the EU
Film on extremism wins at Saudi festival
Fourth edition of the event featured 58 homegrown movies, including 12 directed by women
Gates agrees to contribute to Muslim development projects
The Bill & Melinda Gates Foundation ties up with GCC funds to finance health, agriculture, rural infrastructure
Aviation
Emirates, Etihad confirm “explosive detection screening” on flights
To be conducted for randomly selected passengers and their baggage travelling to Australia
Abu Dhabi Crown Prince visits victims of knife attack
Mother was killed and two children were injured last week
Egyptian court says maritime pact with Saudi is valid
Lawyers had challenged whether Cairo had the right to cede territory to KSA
Ticking along nicely: Omega President and CEO, Raynald Aeschlimann
Raynald Aeschlimann, President and CEO of Omega, on heritage, embracing Instagram and the contentious ‘Swiss Made’ label on watches
Middle East online platform for freelancers launches
Site is for small and medium enterprises looking to work alongside professionals on a per project basis
Dubai’s Sheikh Mohammed meets with Abu Dhabi Crown Prince
Discussed the culture of giving, tolerance and the means of spreading happiness among UAE citizens
Kuwait’s Kamco buys Amazon’s UK warehouse
Facility employs 2,100 staff, and handles 38 percent of packages that e-retailer handles each year
Dubai residential rents drop this year, says report
Dip driven by an increase in available housing options amid more constrained demand
Britain apologises after egg thrown at Saudi general
Video on Twitter shows anti-war activist trying to official under citizen’s arrest
Free Wi-Fi on 700 more Dubai taxis
Second phase means 26 percent of cab company’s total fleet offer the service
Dubai landlords ‘more flexible on renewals’
Residential real estate market has yet to bottom out, says CBRE
Middle East data hacks on the rise, research shows
Healthcare is key target, accounting for a third of global breaches, says Gemalto
Three friends jump off 414-metre Dubai building
Video shows the men taking the plunge from the top of the Princess tower on Friday
Directors unveil new name for FGB/NBAD merger
Combined entity marks its first day of trading on Abu Dhabi Securities Exchange
UK-UAE treaty means UK pension free of income tax
Denton warns people of the long-term implications of stripping down their pension
Amazon in dispute with union over Muslim prayer areas
Calls for greater access to dedicated prayer rooms at Seattle headquarters
Dubai’s Burj Khalifa unit prices drop 25%
Aversion to luxury homes comes from global economic uncertainty, says Cluttons
Indians in the UAE: 11 things you should never do
The Consulate General issues new advisory to its citizens
Online retailers are not the only winners in the e-commerce boom
Customers are demanding convenience and speed, enticing logistics firms into the virtual world
Employees demand training opportunities, or they will leave their jobs
The clear and present need in this region is better access to learning tools and platforms at an affordable price
Qatari insurer to double London presence
Decision comes as companies consider moving employees out of the the city following vote to leave EU
What does the Amazon-souq.com deal mean for traditional retail?
Comment: The deal has fired an e-commerce boom in the GCC, but it is not the only problem facing malls
PepsiCo is testing new recipes
Indra Nooyi, one of the most powerful CEOs in the world, has plans that involve millions more Arab consumers
Aviation
The cost of the US laptop ban
Aviation analysts and airline bosses are warning of significant impacts
UAE banking merger could be just the start
First Gulf Bank and National Bank of Abu Dhabi has created the largest financial institution in the country
Sotheby’s is establishing long overdue roots in Dubai
The region is an increasingly important player in the art world, says CEO
Rain or shine, Dubai motorists drive the same: poorly
Comment: Almost 1,500 accidents in 60 hours tells you all you need to know about the driving habits of people in the UAE
Abu Dhabi’s biggest projects are almost finished
With a combined value of $37 billion, they’re expected to be completed by 2020
Smoke from fire near Dubai Mall billows over city
Civil defence services rescued four people who were trapped
Dubai attracts nearly $10bn in foreign investment
Crown Prince Sheikh Hamdan says city maintained its position among top 10 global cities in attracting foreign investment
Abu Dhabi beauty salons face action for hygiene breaches
Inspection campaign leads to 78 packets of cosmetics and herbal mixtures being seized for posing danger to users
Damac says mortgage unit seals $163m of deals
Dubai developer announces that in-house home financing team has facilitated agreements for hundreds of homes
UAE’s Strata plans second factory to double capacity
Advanced composite aerostructures manufacturing firm unveils plan for new facilities in Al Ain
Saudi Arabia’s GDP growth quickens in Q4
Official data reveals that GDP grows by 1.2%, driven by 4% expansion of the country’s oil sector
Abu Dhabi seeks closer cultural ties with world’s largest festival site
Abu Dhabi Music & Arts Foundation inks joint collaboration deal with London’s Southbank Centre
Bahrain’s Sheikh Salman hails World Cup allocation increase
Asian football chief applauds move to double Asia’s allocation from four spots to eight from 2026
E-commerce platform launches in Gulf, eyes rapid expansion
MallfortheWorld app now available to consumers in the UAE, Saudi Arabia and Qatar to buy top US brands
UAE personal loans rise to $95.2b in February
Central bank figures show value of personal loans increased by 3% compared to previous month
More MidEast CEOs ‘very confident’ about future prospects
PwC survey reveals that 38% of company bosses in region are upbeat about year ahead
Al Habtoor says has ‘trust’ in UAE over major investments
Top Dubai businessman hails role of gov’t as his company presses on with multi-billion dirham projects
Dubai to launch star rating system for shops, restaurants
About 38,000 outlets to be included in first phase of Global Star Rating System for Services
BMC: How to run and reinvent your business
From mainframe to mobile to multi-cloud and beyond, BMC’s solutions empower enterprises of every size and industry to run and reinvent their businesses with efficiency, security
Kuwaiti woman held for filming maid’s suicide attempt
Kuwaiti police have detained woman for filming her Ethiopian maid falling from the seventh floor in an apparent suicide attempt
Saudi domestic tourism set for major surge by 2020
Experts predict 40% growth in the number of internal trips made between 2015 and 2020
UAE healthcare market to be worth $28bn by 2021
Sector to grow by 60 percent in next five years, research claims
Pacquiao back in talks after collapse of UAE fight plan
Boxing legend Manny eyes clash with Australian after $38m fight with Amir Khan in UAE fell through
UAE eyes new law to lure more foreign investors in industry
More incentives to be offered in foreign investment law as Emiratis dominate investment in UAE industrial sector
Emirates says to launch A380 flights to French Riviera
Dubai-based airline announces plan to start superjumbo flights to Nice from July 1