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.
( read original story …)
Pakistan fails to secure USD 3.2 billion UAE oil facility: Report
Cash-strapped Pakistan has failed to secure a USD 3.2 billion oil on deferred payments facility from the UAE, a media report Thursday quoted Finance Minister Asad Umar as saying. The oil facility was …
( read original story …)
UAE’s e-commerce sales set to rise
Dubai: The UAE e-commerce sector is poised to grow to $17.8 billion, or 45.6 per cent of the total value of the Middle East market by 2020, according to UK-based consultancy firm Business Monitor Inte…
( read original story …)
Dubai Developer Weighs Sale of Largest Indoor Theme Park
(Bloomberg) — The owner of the world’s largest indoor theme park in Dubai is exploring options for the business, including a possible sale, according to people familiar with the matter. Ilyas & Musta…
( read original story …)
Novo Cinemas Unveils Stunning Flagship Venue at IMG Worlds of Adventure Theme Park in Dubai
has opened its state-of-the-art flagship location at IMG Worlds of Adventure in Dubai. To view the Multimedia News Release, please click: https://www.multivu.com/players/uk/8512051-novo-cinemas-unveil…
( read original story …)
Abu Dhabi Airports celebrates International Women’s Day
In celebration of International Women’s Day, Abu Dhabi Airports has reaffirmed its commitment to accelerating the advancement of women in the workplace and recognized their significant contribution to …
( read original story …)
Dubai-based port firm DP World reports $1.29B profit in 2018
DUBAI, United Arab Emirates — Global port operator DP World said Thursday its profit rose 10 per cent to $1.29 billion last year despite worldwide trade tensions, buoying a firm that may try again to …
( read original story …)
Pakistan fails to secure $3.2 billion UAE oil facility: Report
ISLAMABAD: Cash-strapped Pakistan has failed to secure $3.2 billion oil on deferred payments facility from the UAE, a media report on Thursday quoted finance minister Asad Umar as saying.
( read original story …)
UAE- TASC establishes itself as an industry pioneer in business excellence with Mohammed Bin Rashid Business Award
(MENAFN – Dubai PR Network) Dubai, UAE, March 13, 2019: TASC Outsourcing, region’s leading staffing and talent management company, has been recognized by the prestigious Mohammed Bin Rashid Al …
( read original story …)
UAE-based Network International plans London IPO
UAE-based payments solutions provider Network International has announced that it will publish a registration document and is considering proceeding with an initial public offering in London. In a sta…
( read original story …)
UAE expects a swift deal with EU on tax blacklist
The EU will be approached and (the issue will be) discussed; I’m sure there will be a way out,” said Abdul Aziz Al Ghurair, chairman of the UAE Banking Federation and CEO of Mashreq Group. “Because we …
( read original story …)
Eagle Hills Sharjah launches sales of new Maryam Island project
Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, has announced the sales launch of Indigo Beach Residence on the main boulevard of M…
( read original story …)
Abu Dhabi’s Etihad Airways posts $1.28 billion loss in 2018
ABU DHABI (Reuters) – Abu Dhabi’s Etihad Airways reported on Thursday its third consecutive annual loss in 2018, blaming challenging market conditions and the effects of an increase in fuel prices. Et…
( read original story …)
UAE- South Energy signs agreement for its first solar project
2MWp photovoltaic system set to provide green energy for five of Dubai South facilities Solar plant to generate more than 3,000,000kWh of clean & renewable energy annually Initiative set reduce …
( read original story …)
Dubai’s South Energy signs first solar project agreement
South Energy, the energy solution arm of Dubai South, has signed an agreement with HCT Technical Services LLC (HCT), a DEWA-approved solar contractor for the Engineering, Procurement and Construction …
( read original story …)
The UAE has become the #1 destination for FDI in AI
Dubai ranked first globally in attracting foreign direct investments … According to the press release, the Emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology t…
( read original story …)
UAE regrets EU’s decision to include it on tax related list
The European Union’s decision to include the United Arab Emirates on its blacklist of tax havens was due to “lack of communication” between the EU and the UAE government, the head of the UAE …
( read original story …)