UAE

June 14, 2013

Ahlam goes from judge to guest star this week (Photo from Arab Idol Facebook page)
11:59 GMT

The Emirati singer says that her guest performance on the talent show will be enormous

June 13, 2013

Sorouh and Aldar weigh $15 billion merger plan
10:39 GMT

Abu Dhabi property firms Aldar Properties PJSC and Sorouh Real Estate said the two companies expect to close their state-backed merger by June 30, pending a ministerial resolution approving the deal.

Dubai Expo 2020
10:31 GMT

The UAE on Wednesday announced a $150 million (Dh733.9 million) aid package to support developing countries’ participation at the Expo 2020, in addition to the $100 million Partnership Fund to support innovative ideas for creating opportunities, mobility and sustainability as part of Dubai’s Expo 2020 bid.

Portable PCs are projected to fall by 16 per cent for the year
05:00 GMT

Cannibalisation of tablet computers is again going to make a big dent in computer (portable and desktop) sales in the UAE in the second quarter.

June 12, 2013

Emirates NBD
12:16 GMT

Emirates NBD, Dubai's largest lender, has completed the acquisition of BNP Paribas' Egyptian assets after receiving regulatory approval in the North African country, the bank said in a statement on Tuesday.

The ongoing economic boom in the region has resulted in exceptional business opportunities
11:49 GMT

Swissquote Bank MEA LTD./SQM/ a Dubai-based bank and subsidiary of Swissquote Bank SA./SQB/, announced that it has been granted a category 4 license from the Dubai Financial Services Authority /DFSA/, and Swissquote Bank SA Central Bank Representative Office License.

The MoU was signed for the Ministry of Finance by Obeid Humaid Al Tayer, State Minister for Financial Affairs, and for the Central Bank by Sultan Bin Nasser Al Suwaidi, Governor of the Central Bank of the UAE
11:38 GMT

The Ministry of Finance and the Central Bank of the UAE have announced today the signing of a Memorandum of Understanding (MoU) in implementation of a Council of Ministers resolution.

Emirates Islamic Bank
08:00 GMT

After recording a strong growth in first quarter net profit and net income, Emirates Islamic Bank is gearing up towards an aggressive push in the competitive retail

The UAE and Saudi Arabia are the largest auto component markets in the GCC
06:00 GMT

The recovery of the Dubai property market has led to a boost in the consumption of auto parts, according to exhibitors at Automechanika at the Dubai International Convention and Exhibition Centre. The event opened on Tuesday.

Osama El Sayed says farewell to his popular Dubai TV cooking show, Ma’a Osama Atyab
05:00 GMT

Top chef turned TV celebrity Osama El Sayed shares an emotional farewell with viewers on his popular cooking show.

The additional staff will be assigned to new and existing outlets in the Gulf, Levant, Far East, Asia
05:00 GMT

Sharaf Retail is on an expansion mode and is set to hire 1,500 additional employees over the next 18 months, the company announced on Tuesday.

June 11, 2013

Ahlam has a stage presence already. Why not become a preacher?
08:09 GMT

Tweets between controversial Saudi cleric Mohammad Al Arifi and super celebrity Ahlam ignite intense debate across Gulf countries. Is Ahlam about to have a major career change?

He said he could save a handsome amount by holding the remittance for more than two weeks.
06:13 GMT

Indian expatriates who were sending money back home had smiling faces yesterday as the struggling Indian rupee hit a record low against the US dollar.

The DFM General Index dropped 2.30 per cent to 2,344.76 amid declining turnover
06:00 GMT

Dubai: The Dubai stock benchmark tumbled to its biggest one-day drop since March 2012 as investors continued to shun risk ahead of the MSCI decision on Wednesday to upgrading the UAE into emerging market category.

June 10, 2013

Al Noor is the second UAE healthcare company to launch an IPO and list on the LSE
12:22 GMT

Abu Dhabi healthcare firm Al Noor Hospitals plans to raise between $320 million and $390 million by offloading up to 34 percent of the company's stock through a flotation in London, it said on Monday.