UAE telecom companies lose value after tax announcement
Shares in Etisalat, the United Arab Emirates’ biggest telecoms firm, and rival du both fell sharply on Tuesday following government changes…
December 11, 2012 12:28-
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A piece of Kingfisher for Etihad
Gulf carrier Etihad Airways is close to buying a 48 percent stake in debt-ridden Indian carrier Kingfisher Airlines for a little over…
December 11, 2012 8:56 -
First piece of the puzzle unveiled
MBR city is also expected to include 100 hotels and the world's biggest shopping mall.
December 9, 2012 5:32
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Morgan Stanley head of M&A leaves
Morgan Stanley Inc’s head of mergers and acquisitions for the Middle East and North Africa (MENA) is leaving the bank, three sources said, the…
December 9, 2012 1:22 -
Mobily back with selling pre-paid Sim Cards
Mobily had said last month the financial impact of the suspension would be "insignificant."
December 8, 2012 9:32 -
“UAE needs to cultivate culture of failure for SMEs sector to thrive”
Decriminalising bankruptcy is the first step to creating a healthy culture of failure says Professor of Finance at SME roundtable.
December 6, 2012 4:58
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YouTube UAE Research Fact Sheet
For the first time, Google releases a study measuring YouTube users in the UAE.
December 6, 2012 12:33 -
Ghafur named as MENA head for BOFA
Bank of America Merrill Lynch has hired Arshad Ghafur, previously with Nomura Holdings , as the country executive for its Middle East and North Africa unit, the…
December 6, 2012 11:02 -
Etihad wants Air Berlin’s frequent flyer programme
Gulf carrier Etihad Airways intends to take control of Air Berlin’s frequent flyer loyalty programme Topbonus Ltd, according to a filing placed with competition…
December 5, 2012 4:50
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Emir of Qatar finally gives the green light
The law provides for an umbrella body to regulate banks, financial services and insurance companies and the country's bourse as well as banking, financial and insurance companies licensed by the Qatar Financial Center.
December 5, 2012 4:48 -
Qatar Air interested in another airline
Korean Air and Qatar Airways have expressed interest in the privatisation of Czech Airlines (CSA), two sources familiar with the government’s sale process said…
December 5, 2012 3:25 -
Goldman hires Barclays banker to run Saudi business
Goldman Sachs Inc has hired Omar Mohammady to run the its Saudi Arabian investment banking business, a key role for global banks…
December 4, 2012 9:28
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Qatar Airways places a larger order
Qatar Airways is set to upgrade an order for 20 Airbus A350 aircraft to larger variants, a move that includes new backing for…
December 3, 2012 5:26 -
Saudi power investment may exceed $133 billion over a decade
Saudi Arabia will need to invest over 500 billion riyals ($133 billion) over the next 10 years to meet rapidly rising…
December 3, 2012 3:59 -
Saudi F-15 Jet crashes on training mission
*Photo for illustrative purposes only A Royal Saudi Air Force F-15 jet crashed in the Gulf during a routine training exercise late…
December 3, 2012 2:28
