Latest UAE News
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Dubai Expo 2020 Master Plan Revealed
Dubai FDI renews partnership with The Business Year to bring spotlight on the new face of Dubai Dubai FDI, the foreign investment office in the Department of Economic Development (DED) in ...
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Dubai lender ENBDs Tier 1 bond due Wednesday sets guidance
DUBAI | Wed May 22, 2013 5:01am EDT DUBAI May 22 (Reuters) - Emirates NBD, Dubai's largest lender, plans to price its first core capital-boosting bond on Wednesday, arranging banks said, amid strong demand for the imminent deal. Price guidance for the perpetual bond, meaning it has no fixed maturity date but cannot be redeemed before six years at least, was set at 6 percent on ...
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The collaboration of Shamma Hamdan and Jay Sean in Dubai
Over the last month, MBC4's Coke Studio has pushed artists out of their comfort zones by pairing them with a performer from a different genre. The aim of the partnership is to create an original fusion piece blending both their respective styles. Like a musical trapeze act, the final performance is watched by awe-inspired and nervous audiences hoping the two artists complement rather than ...
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OMRAN drives new tourism projects in Oman
Video: Tourism projects across Oman, from the Northern enclave of Musandam to Salalah in the south and high up in the mountains of Jabal Akhdar are being constructed by OMRAN. At Meed's Arabian World Construction Summit Phil Blizzard spoke to Ammar Kharusi, Contruction Manager, OMRAN about the scale and variety of their projects, and the importance good community ...
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Egyptian Tourist Authority takes part in Arabian Travel Market 2013
During a press conference held on the sidelines of the Arabian Travel Market (ATM), HE Hisham Zaazou, Minister of Tourism of Egypt, announced a range of incentives and offers that will be provided by the Egyptian tourism sector to Arab families during the upcoming summer season, the holy month of Ramadan and Eid ...
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HP expands printing solutions for business customers in the Middle East
•The HP LaserJet Pro MFP M521 offers print, scan, copy and fax capabilities to help customers maximise their print investment by getting more functionality from one device. •A new enterprise class device in the HP LaserJet Enterprise M725 that offers secure, large-volume printing and imaging capabilities at a low price. •HP Scanjet Pro 3000 s2 Sheet-feed Scanner designed for SMBs ...
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Dubais DMF to kick off with Twitter Executive
Brilliant minds in the global digital media arena to gather to share knowledge and expertise at the second annual Digital Media Forum 2013 (DMF) - the region's first conference of its kind, in a city identified as a prospect digital hub for the ...
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Spotlight on the regional interior design talents at Index 2013 and The Office Exhibition
'In_Motion' by Guialmi, a company with over 40 years of experience in the development of office furniture solutions, was selected by the jury for this award. "At Guialmi we are very pleased of having been selected for this award that recognizes our work. Even If we have been..." ...
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Competition Commission looking into Jet-Etihad deal | Quote
NEW DELHI: Fair trade regulator Competition Commission is examining the over Rs 2,000-crore deal between leading carrier Jet Airways and Abu Dhabi-based Etihad Airways. The Competition Commission of India (CCI) has received an application seeking approval for the proposed Jet-Etihad transaction. "We are looking into the deal," a senior CCI official said. Forging a strategic alliance, ...
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Abu Dhabi lender ADCB to price subordinated bond Wednesday
DUBAI | Wed May 22, 2013 3:48am EDT DUBAI May 22 (Reuters) - Abu Dhabi Commercial Bank plans to raise at least $500 million from a benchmark-sized subordinated bond as early as Wednesday, the arranging bank for the deal said. Early price talk for the 10-year deal, which is not redeemable for five years (non-call 5), was released at 230 basis points over five-year midswaps, Standard ...
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Medicine prices in GCC to be standardised
The Gulf Committee of the GCC health ministers council has agreed to standardise medicine prices starting this July, Amin Al Amiri, the assistant undersecretary for Medical Practice and Licensing at the Ministry of Health, said. The decision was made during the committee's ninth meeting, held in Dubai, and will affect local, regional and global manufacturing companies. It will take into ...
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Between the shopping malls is there space in Dubai for dissent
A tour bus passes near the Burj Khalifa, the tallest tower in the world, in Dubai, May 9. The United Arab Emirates projects an easy-going image of luxury housing built on palm-shaped islands, airports with Fifth Avenue glitz, an artificial ski resort in the desert. Is there space in Dubai for ...
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Survey identifies 6000 danger spots on Abu Dhabi roads
ABU DHABI // Almost a third of the capital’s internal roads were found to be dangerous in a recent survey of high-risk traffic areas. Majed Al Kathiri, head of traffic services section and road safety at Abu Dhabi Municipality, said a survey of high-risk areas and corridors in Abu Dhabi identified more than 6,000 issues. ';We need ...
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Earthquake training for GCC rescue teams
The UAE search and rescue unit has carried out a joint drill with teams from the GCC to ensure it is fully prepared in the event of an earthquake. The drill was carried out at the UAE team's camp in Al Shlila, Abu Dhabi, and included teams from Saudi Arabia, Qatar, Kuwait and Bahrain. It focused on measuring the team's response capabilities in cases of natural disasters and buildings ...
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Suspected back-seat thief arrested in Sharjah
A man has been arrested in connection with a series of thefts from SUVs in Sharjah. Col Abdul Razak Assad, the acting director of Sharjah CID, said the Iraqi man is accused of stealing the rear seats from 4x4 vehicles. He was arrested in industrial area five after being followed by police. "He tried to resist arrest and flee the scene but police managed to control him and arrest ...
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Symantec Internet Security Threat Report reveals increase in cyberespionage
Symantec Corp.'s (Nasdaq: SYMC) Internet Security Threat Report, Volume 18 (ISTR) revealed a 42% surge during 2012 in targeted attacks compared to the prior ...
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Arabtec projects unaffected by strike
Dubai-based Arabtec has said the delivery of projects was unaffected by what it called a partial labour stoppage, adding it was working with authorities in the UAE to resolve the issue, Reuters has reported. "Arabtec reiterates that project delivery timelines have and will not be affected," the company said in a bourse filing yesterday. "Arabtec has been working closely with the ...
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Abu Dhabis Man City seals MLS team franchise
The New York Yankees and Abu Dhabi-owned Manchester City have formed a Major League Soccer (MLS) team to play in New York City from 2015, aiming to win over America's largest sports market to the global ...
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UAE to protest Philippines embassy action
Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan yesterday fielded a question by a Federal National Council (FNC) member about violation of international laws and norms by some embassies in the UAE by holding direct meetings with private sector organisations and obliging them to obey their instructions and ...
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And the winner of Dancing With the Stars Kellie Pickler and Derek Hough
Kellie Pickler came into the final "Dancing With the Stars" episode in second place but finished in first. The 26-year-old country singer won the show's mirrorball trophy Tuesday. Pickler and her professional partner, Derek Hough, earned two sets of perfect scores Monday night and another on Tuesday. Judges' scores combined with viewer votes determine the winner. ...
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Outlook promising unemployment and diversifying economies still an issue in Dubai - IMF
Resolute policy action will be necessary this year The International Monetary Fund (IMF) is not concerned about Dubai's ability to repay its estimated $48 billion of debt obligations, according to the director of its Middle East and Central Asia department.Masood Ahmed was speaking to reporters in the emirate on Tuesday as part of the IMF's regional economic outlook update for the ...
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Will Emirates love for environment drive in hybrid cars
Manufacturers are waiting for interest in hybrids to grow Hybrid cars are reaching the Gulf in limited numbers. But those who want to do their bit for the environment, or make a statement, will have to dig deep into their resources -- the niche here is dominated by prestige, performance marques such as Porsche, Lexus, BMW and McLaren Automotive.And for now, these companies are not particularly ...
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UAE slams Philippine move to contact firms directly
The UAE foreign minister has accused the Philippine Embassy of violating international conventions for directly contacting companies that supply Filipino labour to the country.In response to a question from Federal National Council member Hamad Al Rahoomi, at the ...
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Great Family Summer Getaways with Emirates Holidays
With summer just around the corner - now is the time to plan your next family getaway. Emirates Holidays has announced several holiday offers - from immersing yourself in the amazing world of Harry Potter, to soaking in the rich history and culture of Vietnam, or enjoying magical moments at a Disney park, to having the adventure of a lifetime on a South African safari - these holidays will bring ...
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Top Stories on Dubai Chronicle on May 22nd
Dubai was urged to regulate the speed with which its real estate market grows by IMF’s senior official Masood Ahmed. The director of IMF’s Middle East department warned that if the emirate does not take measures today, this may again result in a "boom-bust cycle." ...
Abu Dhabi Featured
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Abu Dhabi's changing role in UAE
The international financial crisis has caused much misery and despair world-wide, but in every recession there are opportunities, and because of Dubai, Abu Dhabi may have been presented with one.
When people around the world think of the United Arab Emirates, its capital, Abu Dhabi, is not the first emirate that comes to mind. Rather, Dubai is the most famous of the seven entities that united in the 1970’s. Read more
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