UAE

August 10, 2014

Meanwhile, an aviation analyst termed the Etihad’s deal with Alitalia risky and said Abu Dhabi-based airline will have to go all-out to make this deal work to achieve desire results by 2017.
04:55 GMT

Etihad Airways on Friday signed a €1.76 billion deal to acquire 49 per cent stake in loss-making Alitalia.

August 7, 2014

The 2016 Olympic Games will be held in Rio de Janeiro, Brazil, while Tokyo, Japan won the rights to host the 2020 games.
14:47 GMT

Dubai is planning to submit a bid to host the Olympic Games within the next few years, a senior official has said.

August 4, 2014

Etisalat’s enhanced roaming network includes all GCC countries, allowing customers to enjoy data usage anywhere in the region as well as in 36 new destinations.
19:57 GMT

Etisalat makes traveling this summer easier with the expansion of its preferred partner network for data roaming.

Lady Gaga posing for Harper Bazaar USA. (Image: Instagram)
10:03 GMT

Lady Gaga is finally coming to the Middle East, and she's planning a "show of a lifetime" for all her Dubai fans!

The conglomerate, in which sovereign fund Investment Corp of Dubai owns an 11.5 per cent stake, posted a net profit of Dhs805 million ($219.2 million).
04:55 GMT

Dubai Investments said on Sunday that its net profit for the first six months of the year more than doubled, on the back of gains from the divestment of one of its assets.

August 3, 2014

“Inclusion of more better and firmer laws to secure money will further boost investor confidence in the market,”
19:33 GMT

The property market in Dubai is stable and moving towards becoming a more matured market due to “significant steps” adopted by the real estate regulator and the Central Bank of the UAE.

Ghaith Al Ghaith, CEO at flydubai, said: “We have been building on the momentum of last year and we’ve announced 13 new routes since the start of 2014.The carrier took delivery of three new Boeing 737-800s in July, and now has a fleet of 39 aircraft with more than 100 new Boeing aircraft on order.
18:05 GMT

"Iran is a poorly served nation and any in-roads by the likes of flydubai will almost certainly spur regional rivals."

Over 729 people have been killed by the deadly Ebola virus across four countries (File/AFP)
11:09 GMT

The Dubai-based airline, Emirates, suspended all flights to Guinea in West Africa over concerns of the deadly Ebola virus, which killed 729 people.

July 31, 2014

Exchange houses recorded a significant increase in remittances from the UAE during Ramadan as expatriates sent additional money to their home countries for Eid spending.
04:55 GMT

“There was an increasing trend of expatriates starting to save and send back more money from June onwards, to set the festive mood and bring smiles to their families and friends back home.”

July 30, 2014

A Dh5,000 fine will be imposed on those who misuse the residency system or submit bogus reports to the residency departments across the country.
13:25 GMT

The new measures will include the issuing of a new array of entry permits and visas, such as multiple entry permits for visit or work; the activation of study visas, and entry permits for medical care and attending conferences.

July 27, 2014

Hussain tried to hold in his tears while visiting the children affected by war in Gaza. (Image: Facebook)
10:34 GMT

UAE singer Hussain al Jasmi flew into Gaza this week to support its children of war with the Red Crescent.

July 24, 2014

Dubai International saw a rise in passenger traffic despite a runaway refurbishment programme earlier this year (File/AFP)
14:27 GMT

Good news in time for Eid! Dubai International's passenger traffic has already topped expectations and is up by 6.2 percent in the first half of 2014.

Emirates NBD profits were helped by revenue growth in Retail Banking & Wealth Management, along with the Islamic banking subsidiary, Emirates Islamic (File/AFP)
13:55 GMT

The UAE's largest bank, Emirates NBD, reported a net profit growth of 30 percent for the first half of the year.

Majid Al Futtaim is one of the leading shopping mall, retail and leisure pioneers in the Middle East (File/AFP)
12:39 GMT

Major retailer Majid Al Futtaim reported a 14 percent increase in revenue for the first half of the year, compared to 2013.

The low-cost airline will launch direct flights to Mumbai starting October 28 (Image: flydubai)
12:07 GMT

Low-cost airline flydubai announced a direct route to India's Mumbai, starting in late October. The carrier will also increase its flights to Delhi to five weekly.