Marka may attract interest after announcing it had agreed to acquire sporting goods retail chain Retailcorp from a subsidiary of Dubai World in a deal valued above Dh 220 million.
Dubai’s non-oil foreign trade witnessed steady growth during the first nine months of 2014 with nearly Dh1 trillion mark and set to cross last year’s trade value by the end of 2014, according to the data released by Dubai Customs on Saturday.
December 25, 2014
When it comes Dubai’s property market, euphoria may not necessarily be a good thing.
December 24, 2014
For the first time, a study of Internet users in Qatar has explored the usage of emerging social media channels, alongside more established networks.
Lebanon's Labor Lull: Lebanese youth feel pinch of unemployment crisis, not helped by Syria refugee influx or Gulf blocks
According to a recent report by the International Labor Organization, “World of Work Report 2014: Developing with Jobs,” there is a global job crisis, and the crisis is especially acute among the youth.
Does this spell the end for the tax haven dream? Crisis looms for the GCC as the rich Gulf could be in financial jeopardy
Gulf countries are bracing for tough times as vital oil revenues fall and after they missed a golden opportunity to diversify their economies in a decade of unprecedented windfalls, analysts say.
Is the Syrian crisis boosting Jordan's agricultural exports? Kingdom sees more than Dead Sea product exposure with 2014's increased fruit, veg, sheep trade abroad
The country’s fruit and vegetable exports during this year increased by 7 per cent, while its sheep exports increased by 15 per cent compared to last year.
December 23, 2014
Is it a bird, is it a plane? It's Etihad's first superjumbo jet! Airway's Airbus A380 takes off next week
The maiden flight of Etihad Airways' long-awaited Airbus A380 superjumbo will take place next week, the Abu Dhabi carrier said Thursday, also announcing its first Boeing 787 Dreamliner route.
Alex Bank promised to exempt white taxi owners from repaying interest rates that were supposed to be paid for three installments that go back to 2011
Saudi Arabian Airlines (Saudia) received another Boeing 777-300ER, a state-of-the-art aircraft with advanced facilities, on Monday.
UAE’s Foreign Exchange and Remittance Group (FERG) has turned up the heat on money laundering and frauds at its recent anti money laundering (AML) and combating terrorist financing (CTF) conference in Dubai.
The Dubai index extended gains for a third session on Monday as investors raised bullish bets triggered by recovering crude oil. The Abu Dhabi index, however, ended lower.
December 22, 2014
Where did all the good Egyptians go? 2014 sees off over half a million workers, leaving to work abroad
Approximately 592,000 workers signed contracts to work abroad between January and November 2014, with over 400,000 of those signed between March and November, the Ministry of Manpower and Immigration revealed Sunday.
Saudi minister dismisses conspiracy theories on oil price, but the world's still speculating.
December 21, 2014
The plunge in oil prices may take more of the froth off Dubai's booming real estate market, but broad-based demand for property is likely to prevent any crash, said a report.