We have delivered on our business plan commitments for 2018 and remain focused on volume growth initiatives with accelerated UAE and international expansion plans. We are well on our way to make Adnoc …
( read original story …)
Entrepreneurs must keep tweaking their business models
Financing, one of the most important elements for a successful business, is due to change course in the months to come. Non-bank or alternative lending options in the UAE should see an exponential …
( read original story …)
Abu Dhabi Islamic Bank Weighs Merger
Abu Dhabi Islamic Bank PJSC is weighing strategic options for its business, including a potential merger, according to people with knowledge of the matter. The United Arab Emirates’ second-biggest Isl…
( read original story …)
Dubai’s Emaar sees 2018 net profit rise 30% to nearly $2bn
Revenue in 2018 was AED25.694 billion, a growth of 37 percent over 2017, the Dubai-based developer said in a statement. During the fourth quarter, Emaar’s revenue was AED8.304 billion, up 53 percent w…
( read original story …)
Dubai’s Al Nasr gets new look stadium after revamp project
state news agency WAM. Al Bishr said: “The stadium development project was carried out in line with the objectives of our wise government, which aims at enhancing the distinctive position of Dubai in …
( read original story …)
UAE Insurance Authority pushes ahead with stringent life insurance regulations
The government body issued a third draft of the decision taken by IA’s board of directors on its website detailing its proposed overhaul of the life insurance and family takaful business in the UAE. “ …
( read original story …)
Latest gold, forex rates in UAE
Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling …
( read original story …)
Is this UAE’s first eco-conscious bespoke luxury menswear brand?
That’s the gaping fashion hole that Matthew and his business partner James Siggers decided to plug by starting up Benjamin Siggers in late 2017, headquartered out of Dubai. They met each other …
( read original story …)
Dubai International airport unveils new brand as it seeks to become a culture hub
Dubai Airports has unveiled its new brand for Dubai International Airport (DXB) as it aims to position the world’s busiest international airport as a hub for culture, hospitality, and …
( read original story …)
Abu Dhabi’s Etihad Airways restructures Airbus, Boeing jet orders
ABU DHABI, Feb 14 (Reuters) – Etihad Airways said on Thursday it has agreed with Airbus and Boeing to restructure a “large portion” of its orders, in what appeared to be a major cut in long-haul jet o…
( read original story …)
Sharjah officially inaugurates IWAS World Games 2019
Sharjah: More than 500 athletes from 50 countries have gathered in Sharjah for the International Wheelchair and Amputee Sports (IWAS) World Games, which was officially inaugurated on Tuesday. Shaikh A…
( read original story …)
Golf: European Tour aims to lure big names with game’s top prize at Dubai finale
(Reuters) – Golf’s biggest prize will be awarded at the European Tour’s season finale in Dubai as part of changes to the final three Rolex Series events announced on Wednesday. The winner of …
( read original story …)
Ex-soldier held in Dubai over drugs claims
A British war veteran and father-of-two has been held in a Dubai jail for four months over drugs claims. Andy Neal, 44, was “accosted” by police in his apartment complex car park, campaign group Detai…
( read original story …)
DXB brand launched to make Dubai Int’l the world’s best
Dubai Airports on Wednesday announced plans to elevate the airport customer experience as it unveiled a new brand for Dubai International Airport (DXB). It said the DXB brand launch signifies Dubai Ai…
( read original story …)
British firms top foreign influx into Dubai
The number of branches of foreign companies operating in Dubai has increased to 1,985 while the number of branches of GCC companies is 833, according to the Department of Economic Development (DED). T…
( read original story …)
Army hero in Dubai prison despite prosecutors admitting he’s innocent
‘We are providing assistance to a British man after his arrest in Dubai and are in touch with his family and the UAE authorities.’ Got a story for Metro.co.uk? If you have a story for our news …
( read original story …)
Dubai Airbnb market worth over $101m
Revenues for properties listed on Airbnb in Dubai increased by 69 per cent in 2018, compared to the previous year, reaching $101 million in the emirate, a new report by Chestertons Mena has found. As …
( read original story …)