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Consumer prices in Dubai fell at a 1.5 percent annual rate in April and 0.2 percent from March, extending deflation into a fifth consecutive month mainly due to a drop in food prices, data showed on Wednesday.
May 17, 2012 12:21
Gulf Arab states are increasingly using the Chinese yuan for trading as China accounts for a growing share of the region's exports, and given volatility in major currencies, a senior executive at Standard Chartered said on Tuesday.
May 17, 2012 11:21
The government of the Australian state of New South Wales, home to the country's financial capital Sydney, will send a group to Dubai this week to discuss ways to develop the Islamic finance industry, officials said.
May 13, 2012 9:21
Q1 net profit 84.1mln dirhams vs. 26.6 million a year ago; Results beat average analysts forecasts; Says considering buying remaining 45 percent in steel unit; Abu Dhabi fund Aabar owns 10.5 percent in Arabtec
May 9, 2012 9:25
Legal proceedings in the $2.2 billion debt restructuring of Dubai World's shipbuilding unit have been delayed due to a court challenge in Singapore over a rig-building contract, a lawyer said on Monday
May 7, 2012 3:40
Yesterday Dubai Drydocks unveiled plans to build the World Discus Hotel– a discus-shaped underwater hotel. Kipp takes a look at some of the other unusual hotel accommodations from around the world…
May 3, 2012 4:14
In keeping with the launch of Mischa Barton’s new line of clothing at Ribaage’s boutique on May 7 at the Dubai Mall, Kipp takes a look at some of the celebrity business ventures in the city
May 2, 2012 4:49
Carrier to add 4-5 new destinations in 2012; on track to earn first profit this year; Plans to increase ticket prices as fuel costs rise
May 2, 2012 3:54
Three of the UAE’s cities have made it onto a list of tallest cities in the world, compiled by a German building data company. Kipp takes a look at the Arab cities that have skylines worth watching.
May 1, 2012 3:45
Etihad Airways has bought a three percent stake in Irish airline Aer Lingus as a precursor to a commercial tie-up that could help Abu Dhabi's flagship carrier gain more European routes to catch up with Middle Eastern rivals
May 1, 2012 3:28
Dubai Islamic Bank (DIB), the largest Sharia-compliant lender in the emirate, on Monday said its first-quarter net profit rose 11 percent, helped by growth in its core businesses.
April 30, 2012 9:48
Dubai's Emaar Properties reported a 44 percent rise in first-quarter profit on Saturday; made a profit of 606 million dirhams ($165 million), compared to 421 million dirhams during the same period last year
April 29, 2012 9:01
Dubai's Istithmar World said on Saturday it has became the sole owner of the Atlantis resort in Dubai after buying a 50 percent stake from luxury resort operator Kerzner International Holdings for $250 million.
April 29, 2012 8:51
Robert Fisk is in the UAE this week to commemorate the 97th anniversary of the Armenian genocide. A much-beloved figure in the Middle East, Fisk is connected to many influential Arab personalities. Kipp even linked him to a local airline carrier’s first Emirati female pilot. Here’s how
April 28, 2012 10:09
The government of Dubai priced a $1.25 billion two-tranche Islamic bond, or sukuk, on Wednesday, at par. A $600 million five-year tranche was priced at 4.90 percent and a 10-year portion was priced at 6.45 percent, in line with launch guidance released earlier that day.
April 26, 2012 10:50People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47 0Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09 0Great work to everyone who worked on the project :)
May 20, 2012 11:21Thanks for changing it. Thumbs up :)
May 13, 2012 8:25With its bank credit scarce, Dubai is planning to raise at least $500 million by issuing bonds secured against future revenues of Dubai Duty Free. Will shopping save the day?
March 6, 2012 2:18 1"If you can't live with volatility, stay in bed," says 66-year old economist Marc Faber, who cautions people to secure wealth by buying precious metals and investment equities.
March 6, 2012 1:42 1As the world’s most expensive glasses will be launched this Sunday, Kipp takes a look at some of the most expensive and exclusive eyewear.
May 10, 2012 4:21 0Mother’s day is around the corner and if shopping for gifts just isn’t your thing, take a look at Kipp’s top six gift ideas for Mother’s Day…
May 9, 2012 4:37 0
So how exactly is the Municipality executing this campaign? A series of lectures, workshops, film screenings, awareness drive and, wait for it, taxi drivers.
May 21, 2012 3:53
Benevolent master developer to cater for those ‘less-well-heeded,’ with affordable studios at the Palm Views East and West.
May 21, 2012 3:44
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09
