The Dubai-based international schools giant GEMS Education could be gearing up for an initial public offering valued at as much as $4bn and as early as next year, it has been reported. GEMS Education could launch an IPO as soon as next year, sources have said.
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Dubai’s Emirates tries to tail Abu Dhabi off laptop ban list
ABU DHABI, United Arab Emirates (AP) — At Abu Dhabi International Airport, travelers bound for the United States on Tuesday enjoyed something many others flying out of the Middle East can’t — walking onto an airplane with their laptop. But what has …
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Emirates, Turkish Airlines try to join Etihad off laptop ban
ABU DHABI, United Arab Emirates — At Abu Dhabi International Airport, travellers bound for the United States on Tuesday enjoyed something many others flying out of the Middle East can’t — walking onto an airplane with their laptop. But what has …
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Qatari property investors keen to offload assets in UAE
Investors from Qatar and Kuwait cumulatively accounted for Dh2 billion worth of property transactions in Dubai last year, according to the Dubai Land Department. “The majority of our Qatari clients are in a state of confusion as to what to do. Some have …
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Dubai Investments in talks to acquire Union Properties’ stake in Emicool
DUBAI Dubai Investments DINV.DU said on Tuesday it is in initial talks to buy Union Properties’s UPRO.DU stake in Emirates District Cooling LLC (Emicool), in a move to take full control of the district cooling service provider. Emicool, an equally owned …
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UAE to Launch First-Ever Solar-Powered AC Bed
UAE-based Aries International Interiors said it has developed the first-of-its-kind eco-friendly and cost-effective air-conditioned bed which runs on solar energy. This innovative concept, which has been designed in association with UAE-based Aries …
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Dubai developer taps Dh524m for new mall
Dubai: The developer of Cityland Mall near the Global Village on Shaikh Mohammad Bin Zayed Road has raised Dh524 million from banks to part-finance the Dh1.2 billion development. It can avail of the funds over two years and make the repayments over a seven …
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Dubai’s Emirates working to get out from under U.S. laptop ban
DUBAI, United Arab Emirates — The Middle East’s biggest airline says it is working to implement increased security measures in response to U.S. demands to reverse a ban on laptops and other electronics onboard its U.S.-bound flights. Dubai-based airline …
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Dubai gets Dh5 billion business park
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, unveiled Emirates Towers Business Park, Dubai’s new Dh5 billion business district, on Tuesday. Sheikh Mohammed said this project represents …
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UAE foreign minister: No word on Qatari response to demands
The United Arab Emirates’ top diplomat said on Tuesday that four Arab nations … with a letter for the Qatari ruler, Kuwait’s state news agency reported. It gave no details on the contents of the letter. Qatar’s foreign minister, Sheikh Mohammed bin …
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Bilateral Ties: UAE-US relationship means business
The Trump administration’s apparent disregard for soft power and adversarial approach to free trade may paint an isolationist picture, but his country’s bilateral ties with the UAE have gone from strength to strength. For the past eight years, the UAE …
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Dubai’s Emirates working to get out from under US laptop ban
DUBAI, United Arab Emirates — The Middle East’s biggest airline says it is working to implement increased security measures in response to U.S. demands to reverse a ban on laptops and other electronics onboard its U.S.-bound flights. Dubai-based …
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Robotic police are about to start patrolling in Dubai
With the immense wealth of the region, Dubai has quickly become one of the hottest places for companies to test out their newest, wildest future tech. It wasn’t long ago that Dubai announced its plans to get flying taxis off the ground by the end of July …
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Review: Jet Airways Business Class 737 Dubai To Mumbai
At the forwarded door I was greeted by three very friendly flight attendants, who welcomed me onboard and pointed me towards my seat. Jet Airways’ 737 business class cabin (or at least the version I was on) features 16 business class seats, spread across …
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UAE’s DIFC to set up global knowledge hub as financial data values soar
DUBAI: The Dubai International Financial Centre (DIFC) in the UAE is planning to set up a research and information hub to capitalize on the soaring value of financial data in international investment markets. The DIFC’s aim is to “build a regional …
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Dubai online retailer Souq.com says sale to Amazon completed
Dubai-based Souq.com, the Middle East’s biggest online retailer, says its sale to Amazon has been completed. Souq.com said on Monday that users now could log into their website using their Amazon account. A Souq.com statement said the firms now would work …
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UAE-based company to launch first solar powered AC bed
Dubai: A UAE-based company has developed the world’s first solar powered AC bed, which aims to hit the Middle East and Asian markets by the first week of December. Aries International Maritime Research Institute (AIMRI), in association with Aries …
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