Latest UAE News
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Before the WWEs visit to Abu Dhabi in October R-Truth wrestles with big questions
World Wrestling Entertainment (WWE) Raw is returning to Abu Dhabi later this year, bringing with it its roster of bulky blokes engaging in some highly theatrical ...
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Etisalat secures USD1.2bn loan to fund network expansion
USD1 .2 billion loan with a consortium of 13 Nigerian banks to refinance existing debt and expand its wireless network. In a statement to the Abu Dhabi Securities Exchange, Etisalat said its Nigerian business will use the medium term syndicated loan, which has both naira and US dollar tranches, to refinance its commercial medium term debt ...
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Recovering Dubai faces billions of maturing debt
A night view of the Gate building is seen at the Dubai International Financial Center, DIFC, in Dubai, United Arab Emirates, Sunday Aug. 7, 2011. Stocks tumbled across the Middle East on Sunday as most regional markets reopened following the historic downgrade of the United States’ credit rating. The region’s markets mostly operate Sunday to Thursday. That meant they were the first ...
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DoT to start work on $47m Abu Dhabi bus terminal
The Department of Transport (DoT) in Abu Dhabi has announced it will soon begin work building a new $47.6 million (AED175m) bus depot project in Abu Dhabi, part of a $408m (AED 1.5bn) package of infrastructure works approved by the Executive Council. The depot will be built on a 10 hectare site in Khalifa City A, opposite Abu Dhabi Golf Club. Consisting of two facilities, it will be able to ...
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Emirates NBDs Tier 1 bond due today
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 Wednesday morning, after indications of the low 6 percent area released ...
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Emirate Sharjah to strengthen economic and cultural ties with Korea
-Korea Economic Partnership Forum, hoping to make the most of the new avenues of economic opportunities and possibilities," said HE Sheikh Sultan bin Ahmed Al Qassimi, Chairman of Sharjah Media Centre. HE Sheikh Sultan bin Ahmed Al Qassimi will be heading the Sharjah delegation, comprising the Sharjah Commerce and Tourism Development Authority, Sharjah Chamber of Commerce and Industry, ...
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Dolphin Energy Limited issues 2012 sustainability report
And once again, the report has been classified 'A/GRI Checked' by the Global Reporting Initiative, indicating high levels of transparency and disclosure, the fourth year in a row that the report has been graded in this manner.Commenting on the company's performance, Dolphin Energy's CEO, Mr. Ahmed Ali Al Sayegh, said, "Last year proved to be an exceptional 12 months for ...
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Dr. Moopens Foundation expands reach of its Healing Touch initiative in India
Dr. Moopen's Foundation, the charitable arm of DM Healthcare, a leading healthcare conglomerate in the Middle East and India, has set up a diagnostics facility in South 24 Paraganas, a remote district in West Bengal, ...
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Oracle survey highlights cloud integration challenges within UAE companies
Oracle has announced the results of a 'Cloud for Business Managers: the Good, the Bad, and the Ugly' report, which found that the majority of businesses around the world have not yet adequately integrated their cloud applications across their business ...
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UAEs Etisalat waiting to hear on Maroc Telecom bid
Etisalat has yet to hear back from Vivendi on its bid for the French firm's 53 percent stake in Maroc Telecom, the chief executive of the UAE's No.1 telecom operator said on ...
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Etihad Airways appoints UAE National as General Manager in Belarus
WAM ABU DHABI: Etihad Airways, the national airline of the United Arab Emirates (UAE), has appointed Mansour Al Marzouqi as its new General Manager in Belarus. Al Marzouqi joined Etihad Airways' Graduate Management program in 2007, subsequently holding several key positions in sales and business development in the UAE before being appointed General Manager of the Maldives in 2011. ...
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Sporting legends in Dubai for a night of boxing at Dubai Sports City this Friday
WAM DUBAI: A host of sporting legends will lace up their boxing gloves this Friday night at Dubai Sports City (DSC)'s recently opened indoor Football Dome, it was announced today. Those legends, including former rugby union stars Shane Williams from Wales and All-Black Carlos Spencer, as well as ex-England One-Day International cricket captain Adam Hollioake, will take to the ring in the ...
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UAE shelter mulls support for male victims of human trafficking
DUBAI// The country's support network for human trafficking victims is debating the idea of opening a shelter for men. Ewa'a Shelters for Women and Children operates shelters in Abu Dhabi, Sharjah and Ras Al Khaimah for victims of human trafficking, such as migrants forced into prostitution. So far, the only male victims the shelters have received were children, said Maitha Al ...
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Emirati teens head to summer camp for peek into tourism industry
DUBAI // Emirati students will be taught how to market the capital as a tourist destination at a summer camp taking place in August. Tourism Youth Summer Camp, targeting pupils aged 15 to 17, will run from August 15 to September 8. The Abu Dhabi Tourism and Cultural Authority (TCA) organises the annual camp as a way to introduce pupils to potential careers in tourism. "This year the ...
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Burj Al Arab named best hotel in the world
The Burj Al Arab has been named the best hotel in the world at an awards ceremony in London. It also won the prize for best hotel in the Middle East at the Ultimate Luxury Travel Related Awards (ULTRAs) event. The awards are intended to recognise the best hotels, airlines, cruise lines and destinations. The best hotel in the world category is new this year, and the Burj Al Arab has won the ...
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Sony unveils world’s slimmest waterproof Xperia Tablet Z in Dubai Dh1999
Sony Middle East and Africa today launched the 10.1-inch Xperia Tablet Z at a media workshop in Dubai’s Ritz-Carlton DIFC hotel. The 6.9mm thick tablet is being purported by Sony as the "world’s slimmest tablet," and it weighs in at a light 495 grams. A comparison with the market leader iPad 4, Apple Inc.’s spearhead tablet, is in order here. The iPad 4 is 9.4mm ...
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RTS Realtime Systems to open data center in Dubai
RTS Realtime Systems Group (RTS), a leading global trading solutions provider, today announced plans to open its newest data center in Dubai, the first Middle East site in its global data center network. Expected to go live in mid-July, the new hub in the RTS global trading network will offer ultra-low latency access to the Dubai Gold & Commodities Exchange (DGCX), one of the world’s ...
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Dubais Emirates NBD launches $1bn bond
Emirates NBD launched a $1bn core capital-boosting bond on Wednesday, amid healthy demand, allowing the Dubai lender to tighten earlier price ...
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Emirates to increase flights to Colombo from 30th June
Emirates, one of the world's fastest growing airlines, will increase capacity on its services to Colombo from 30th June 2013, with the addition of three more flights per week, the airline announced ...
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ACWA Power increases it ownership in SqWEC
ACWA Power announced that their fully owned subsidiary namely Saudi Arabian Water and Electricity Company ("SAWEC") has signed a binding Letter of Intent (LoI) with Mitsubishi Corporation of Japan ("MC") to purchase MC's 6% indirect shareholding in Shuqaiq Water and Electricity Company ...
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Al Tamimi Company confirm participation in the UAE - Korea Economic Partnership Forum
Al Tamimi & Company, the largest law firm in the Middle East, has confirmed its participation at the third UAE - Korea Economic Partnership Forum which will be held in Seoul from 27-28 May, ...
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GSMA Welcomes UAEs Decisive Step To Lead Regional Surge In Mobile Broadband
LONDON, May 22,2013 /PRNewswire/ --Tom Phillips, Chief Government and Regulatory Affairs Officer, GSMA, offered the following statement regarding the United Arab Emirates' decision to allocate the 700MHz and 800MHz (the Digital Dividend) spectrum bands to mobile, maximising spectrum harmonisation within the region and globally: "The UAE regulator, TRA, has demonstrated outstanding ...
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Two drug dealers arrested
Police said the two suspects were arrested in a sting operation by police. The first suspect identified as S.R.H., 25 who is married and lives in Sharjah, was arrested while handing over 2,490 tablets to the second ...
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Turbulence drama injures 13 on Emirates flight
A number of passengers and crew on an Emirates Airline flight from Dubai to Jakarta sustained minor to serious injuries after the aircraft was caught in heavy ...
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Dubais D BarGrill serves a fine Irish fare
The Irish are famed for their hospitality and the D Bar&Grill confirms that they now export it, too. The lively atmosphere in McGettigan's Irish pub downstairs was shut out as we climbed the softly carpeted, wrought-iron and oak spiral staircase, complete with a beautifully twinkling chandelier, into the world of Irish fine dining. What a treat awaited us. No attention to detail has ...
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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