UAE
June 12, 2013
Top chef turned TV celebrity Osama El Sayed shares an emotional farewell with viewers on his popular cooking show.
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
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?
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.
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
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.
A former woman executive with Nakheel allegedly fled to her home country after embezzling more than Dh1.3 million worth of tenancy contract cheques, a court heard.
The UAE and Qatar will see a gradual surge in foreign investment inflows of up to $3 billion if they get elevated to the emerging market status tomorrow, investment managers said.
The regulation allows a shareholder who does not want to or cannot subscribe for the share increase to sell his rights for financial benefit.
The Dubai and Abu Dhabi benchmarks fell yesterday, led by real estate stocks, that had some of the biggest gains this year ahead of index compiler MSCI Inc.’s decision on its review of UAE’s and Qatar’s possible upgrade to emerging market from its current frontier status.
June 9, 2013
Fans might have thought Justin Bieber's trip to Dubai was exotic, but now the region's favorite Canadian pop star has booked two tickets to outer space 'cause nobody can top that!
What began as a mildly worded petition calling for moderate political reform in March 2011 has manifested into a situation that has cultivated an ever growing political opposition.
Dubai Global furniture solutions leader Intermetal, a Group Harwal Company, has invested Dh75 million to establish a new factory in Dubai.
The Abu Dhabi Department of Economic Development (ADDED) said yesterday economic conditions in the emirate improved considerably in the first quarter this year led by an outstanding performance of local banks and the stock market that was further boosted by high global oil prices and inflow of tourists into the emirate.
Word on Twitter is that folks were rolling in Dubai after the British comedian performed two sell-out gigs at Dubai World Trade Centre.