“People focus on Aramco as being the key thing,” said Salman Bajwa, chief executive officer of Dubai-based Emirates NBD Asset Management … economic and markets space. The Aramco IPO will be the confirmation that one phase of structural reforms …
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Dubai off-plan property sales hit 9-year high
Dubai property prices are forecast to continue falling this year as the market absorbs additional supply, according to a new report by consultants JLL. JLL’s 2017 Year in Review report said occupancy levels in Dubai would follow a similar trend in 2018 …
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Dubai bank hires woman for top Saudi job amid social change
Emirates NBD Capital, the investment banking unit of Dubai’s biggest lender, joined Citigroup and Samba Financial Group in appointing a woman to lead its operations in Saudi Arabia as the kingdom embarks on unprecedented economic and social changes.
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Jamie Donaldson leads way in Dubai at 10-under 62
DUBAI, United Arab Emirates (AP) — Jamie Donaldson flirted with the European Tour’s first-ever 59 before settling for a 10-under 62 Thursday in the first round of the Dubai Desert Classic. In perfect scoring conditions at the Emirates Golf Club, the 42 …
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Aramco CEO says post-IPO royalty payments will link to oil prices
The Aramco IPO would be one of the biggest events on financial markets … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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UAE, Saudi business confidence dips over VAT launch
Business confidence in the UAE and Saudi Arabia dipped ahead of the launch of VAT due to concerns over increased consumer costs, according to a new survey. The survey of global CFOs and finance professionals conducted by the Association of Chartered …
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Dubai serves largest cup of karak chai in the world
Dubai: What’s better than hot tea and great company? Knowing that you’ve made history. And people who flocked to Global Village on Thursday had just such an experience when 120 chefs got together to brew the largest cup of karak chai in the world …
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Ministry warns of Dh20,000 fine, jail for illegal bird hunting in UAE
Dubai: Hawk-eyed inspectors are looking out for illegal bird hunting in the UAE, after a series of misappropriate hunting techniques were discovered. Hunters in the UAE were recently discovered using an electronic device that mimicked birdcalls, which were …
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Parents forget child at Dubai airport
Dubai: While rare, it’s not unheard of for a parent to leave his/her child at the airport, says an officer. Dubai Police said of the 91.2 million who transited through Dubai International Airports last year, some lost items and others their children …
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Expat gets royal farewell from Abu Dhabi crown prince
ABU DHABI: Kannur native Kunhi Moideen is one among the good number of Malayalis who chose to leave their state and head to UAE in the late 70s. However, on Monday, Moideen was on cloud nine when he was given a farewell by Shaikh Mohammad Bin Zayed Al …
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Sharjah to host Gulf Pottery Forum 2018
Sharjah, Jan. 25 (BNA): Sharjah Institute for Heritage (SIH … and the Gulf communities in general, according to UAE News Agency (WAM). Pottery is an important part of Emirati heritage and remains a noble and withstanding profession, which is celebrated …
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UAE digital revolution picks up speed
“The UAE now outranks the UK in percentage terms for connected … “Our innovations embrace a ‘tech plus touch’ philosophy that leverages digital expertise and technology to offer more sophisticated and personalised services.”
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Dubai Financial Market : UAE bourses to revive on upcoming financial results – Analysts
Dubai – Mubasher: Firms’ annual financial results and subsequent dividend distributions are likely to act as the main market-boosting catalyst to the UAE bourses’ liquidity. The Emirati banks’ financial results, which were announced over the past …
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Dubai cheating case: After Kodiyeri, another LDF MLA feels the ‘son-heat’
Kollam: Close on the heels of the allegations of cheating leveled by a Dubai firm against CPM state secretary Kodiyeri Balakrishnan’s son Binoy Kodiyeri, a similar case of financial fraud has surfaced against Sreejith, son of Chavara MLA Vijayan Pillai …
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Better WiFi coverage coming for flights to Europe, Gulf states
That roster includes WiFi-enabled flights of Emirates, Etihad and Qatar Airways between Australia/NZ and Dubai, Abu Dhabi and Doha, respectively, which frequently cross Indian airspace… … along with flights from Singapore to European destinations such …
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Bradford City set to sign Ryan McGowan from Al-Sharjah
Bradford City have agreed a deal to sign Australian international Ryan McGowan from UAE side Al-Sharjah. The 28-year-old former Hearts … In other transfer news, Bradford boss Stuart McCall told Sky Sports News on Monday that the club are not willing …
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Dubai’s latest engineering feat: a man-made canal and a – gasp – pedestrian friendly neighbourhood
The most impressive thing about the Dubai Canal – a 3.2-kilometre waterway that cuts through the city’s Business Bay district, flowing to the Persian Gulf from downtown Dubai – is that a little more than a year ago, it was basically just sand.
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