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Apparel Group takes a bite of UAE’s AED2.2B casual dining sector

After opening introducing Tim Hortons Cafe and Bake Shop to the UAE in September, Apparel Group is looking to open 120 more Tim Hortons shops in the GCC over the next five years.

October 5, 2011 1:03
 
Battle-ready: Is DEWA preparing for competition?

Battle-ready: Is DEWA preparing for competition?

As it tightens its finances and increases its customer network through CSR, DEWA's actions may be revealing that a second utilities provider may just be around the corner.

October 4, 2011 2:38
 
Private equity funds in an uphill battle to lure buyers

Private equity funds in an uphill battle to lure buyers

With Dubai not having seen an IPO in over three years, MENA's private equity funds are scrambling for profits before investment exits. Analysts say M&As will lead the way.

October 3, 2011 1:40
 
Regional conflict boosts Dubai properties

Regional conflict boosts Dubai properties

Hotel, retail, residential sectors boosted by unrest; Global economic woes to hit demand for offices; Residential prices seeing recovery in some areas

September 27, 2011 2:26
 

Dubai’s Nakheel sees 2011 profit, no further sukuk

Chairman says 2011 profit to be in-line with last year; Second tranche of Islamic bond to be issued by year end; Nakheel has no further sukuk plans - chairman

September 27, 2011 1:15
 

Emirates sees more orders at Dubai airshow

Emirates, Dubai's fast-growing state airline, will likely place more orders at the Dubai airshow in November, its chairman said on Tuesday.

September 27, 2011 1:02
 

Dubai plans big solar plant -DEWA CEO

Dubai is poised to unveil a big solar power plant as part of a push to get five percent of its electricity from renewable sources by 2030, Saeed Mohammed al-Tayer, vice chairman of Dubai's Supreme Council of Energy, said on Monday.

September 26, 2011 2:35
 

Abu Dhabi’s UNB may raise debt to repay $1B loan

UNB roadshows in Asia and Europe this week as its $1 billion loan matures in end of this year. Bank plans to open a branch in Kuwait this year.

September 26, 2011 2:31
 
Abraaj buys North African private equity firm

Abraaj buys North African private equity firm

Abraaj to manage Amundi's $161 mln Kantara fund; PE firm to absorb Amundi's 11-member investment team; Deal also includes buying Amundi's stake in the fund; Abraaj called off merger talks with Citadel last month

August 28, 2011 2:52
 
Night flight ban would hurt Germany -Lufthansa

Night flight ban would hurt Germany -Lufthansa

Night-time flights are essential to ensure Germany does not lose its place in the freight market to the Middle East, Lufthansa CEO Christoph Franz said on Friday.

August 20, 2011 1:04
 
Nakheel further delays bond due to administrative issues

Nakheel further delays bond due to administrative issues

Dubai World's property arm Nakheel said its planned Islamic bond, part of its $10.9 billion debt repayment proposal, has been delayed due to administrative reasons.

August 4, 2011 10:28
 
Dubai SME, ADCB sign partnership on privileges for ‘Dubai SME 100’

Dubai SME, ADCB sign partnership on privileges for ‘Dubai SME 100’

Dubai SME, an agency of the Department of Economic Development (DED)-Government of Dubai, has signed a partnership agreement with Abu Dhabi Commercial Bank to offer benefits to the top 100 SMEs in Dubai.

August 2, 2011 11:16
 
Not-so-fatal attraction: two cents on tourist attractions

Not-so-fatal attraction: two cents on tourist attractions

Maybe a lot of Kipp readers are afraid of heights and prefer to burn under the sun. Apparently, they don’t think much about the world’s tallest tower.

August 1, 2011 3:26
 
Overambitious? That is Definitely Dubai

Overambitious? That is Definitely Dubai

This weekend’s been something of an ego trip for good ol’ Dubai. Should we be concerned?

July 31, 2011 3:32
 

Dubai’s ENBD sees positive economy, slow H2 loan growth

H2 loan growth revised to 1-2 pct from 3-4 pct; Q2 net profit 744 mln dirhams vs 398 mln dirhams yr-ago; UAE GDP growth forecast 4.6 pct in 2011; Shares rise 1.22 pct in Dubai trade

July 26, 2011 10:13
 
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