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Golf tour wants second ‘Desert Swing’, says Bjorn

Golf tour wants second ‘Desert Swing’, says Bjorn

European Tour officials are keen to launch a second 'Desert Swing' in the future, tournament committee chairman Thomas Bjorn said on Tuesday.

February 8, 2012 12:33
 
Union National Bank Q4 net profit falls on provisions

Union National Bank Q4 net profit falls on provisions

Abu Dhabi lender Union National Bank's fourth-quarter profit fell 19.2 percent after the bank set aside more money to meet potential loan losses arising from exposure to Dubai Holding Group entities.

February 7, 2012 3:22
 
Emirates Airline to raise $517M Islamic loan

Emirates Airline to raise $517M Islamic loan

Dubai's Emirates airline has hired three local banks to arrange a 1.9-billion dirhams ($517.3 million) Islamic loan facility to finance three aircraft, the chief executive of one of the banks confirmed on Tuesday.

February 7, 2012 3:12
 
A Different Dubai: shopping fatigue could lead to innovation

A Different Dubai: shopping fatigue could lead to innovation

Now that the world is watching, what can Dubai do to stay in the spotlight? Precious de Leon mulls over the possibilities, looking at how Abu Dhabi is shaping up.

February 5, 2012 5:01
 
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