UAE says optimistic about non-OPEC commitment to cut output

DUBAI (Reuters) - The United Arab Emirates' energy minister said on Wednesday that he was optimistic about obtaining commitments from non-OPEC oil producers to cut output at a meeting later this week to cement a global pact to limit supply. "We are ... ( read original story ...)

UAE energy minister: oil investment declined even at $50/barrel

ABU DHABI (Reuters) - The global oil market needs price levels which provide incentives to invest in production, and even at a price of $50 a barrel investment was declining, United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on ... ( read original story ...)

UAE- Millennials get a digital-only bank: CBD Now

(MENAFN - Khaleej Times) CBD Now will offer services that can be performed on a smartphone Commercial Bank of Dubai (CBD) on Saturday announced that it would launch the country's first digital-only bank - CBD Now - to target millennials and digitally ... ( read original story ...)

Dubai plans to open yet another amusement park

DUBAI, United Arab Emirates — A Dubai developer that recently opened the world's largest indoor theme park now plans an even bigger attraction next door. The Ilyas and Mustafa Galadari Group said on Tuesday that its planned IMG Worlds of Legends park ... ( read original story ...)

Hedge fund Marcato takes Buffalo Wild Wings fight to franchisees

BOSTON (Reuters) - Hedge fund manager Mick McGuire on Tuesday took his fight for ... along with the Houston Texans and Tennessee... Dubai's IMG plans another record indoor theme park By Tom Arnold and Hadeel Al Sayegh DUBAI (Reuters) - Dubai's IMG Worlds ... ( read original story ...)

China considers UAE to be more than an end market

As China seeks to create global behemoths and focuses on developing its services sector, its economic and trade relationship with the UAE is also changing – from looking at the Emirates simply as an end market for goods to being a hub for finance and ... ( read original story ...)

First Gulf Bank

First Gulf Bank – As a major leading bank in the UAE, FGB had Shareholder Equity of AED 36.0 Billion as of September 30th, 2016 making it one of the largest equity based banks in the UAE. Established in 1979 and headquartered in Abu Dhabi, the bank ... ( read original story ...)