Emaar completes foundation of new tallest tower in Dubai

Dubai developer Emaar has laid the foundation for the construction of what is slated to become the world’s new tallest building – The Tower at Dubai Creek Harbour, it announced on Monday. Launched in April last year, the $1bn mixed-use building will ... ( read original story ...)

Dubai Chamber event discusses bankruptcy law

At the event, Hamad Bu Amim, president and chief executive officer of the Dubai Chamber, said the law will also improve ease of doing business in the UAE, and is likely to boost business confidence. The UAE’s government late last year issued the ... ( read original story ...)

Dubai Chamber briefing sheds light on UAE bankruptcy law

As part of its continued efforts to boost mutual communication between the government and the private sector, the briefing was attended by HE Younis Haji Al Khouri, Undersecretary of the UAE Ministry of Finance, who met with members of the local business ... ( read original story ...)

UAE pledges €50 million to Interpol foundation

Abu Dhabi: The UAE has pledged a contribution of €50 million (approximately Dh199 million) to the Interpol Foundation for a Safer World to support seven Interpol projects designed to combat terrorism and global crime, officials said on Monday. ( read original story ...)

Trading begins in ENBD Reit shares following $105 million IPO

Hamed Ali, Chief Executive of Nasdaq Dubai, said the Reit's successful listing demonstrates ... UAE Limited were joint global coordinators and joint bookrunners for the IPO. Associate Business Editor of Khaleej Times, is a well-connected Indian journalist ... ( read original story ...)

Apple opens job vacancies for UAE posts

Dubai: US technology giant Apple is looking to recruit new employees for its operations in the UAE, the company’s latest job listings show. As of this month, the tech giant has posted 18 positions on the careers page of its official website, with roles ... ( read original story ...)

Emaar Malls' $800 million bid for Souq.com to challenge Amazon

DUBAI Dubai's Emaar Malls, operator of glitzy Middle East shopping centers, has made an $800 million offer for regional online retailer Souq.com [IPO-SOUQ.DU], setting up a potential bidding war with Amazon.com. Emaar Malls’ bid has so far not been ... ( read original story ...)

Emirates Global Aluminium mandates US banks for IPO: sources

EGA was created in 2013 when state-owned companies Dubai Aluminium (Dubal) and Abu Dhabi's Emirates Aluminium (Emal) merged. Its enterprise value was put at $15 billion at the time of the merger. It is owned by Abu Dhabi state fund Mubadala Investment Co ... ( read original story ...)