Dubai « 5/73 « | Kippreport.com

Who’s the greenest of them all? In pictures: UAE’s environmentally friendly buildings

As World Environment Day (June 5th) close approaches, Kipp looks at some of the UAE’s green buildings.

June 3, 2012 10:00

Emirates Airline undecided on $550 million June bond

Emirates, the fast expanding Gulf airline, may seek to refinance a $550 million Islamic bond maturing in June but has not ruled out repayment in cash, a senior executive said on Tuesday.

May 29, 2012 6:03

Dubai economy grows by 3.4 percent in 2011

Dubai saw its gross domestic product rise to 306.2 billion dirhams ($83.4 billion) last year from 296.1 billion in 2010.

May 29, 2012 12:38

UAE’s ADNOC takes control of Emarat pump stations

Abu Dhabi National Oil Company's (ADNOC) distribution arm will take over 74 fuel stations run by fuel retailer Emarat in every emirate in the UAE except for Dubai, state news agency WAM said on Monday.

May 29, 2012 11:57

Dubai’s Jafza gets consent to repay $2 billion Sukuk early

Gets 89 percent sukukholder approval for plan; Co said in April it's close to refinancing deal for sukuk; JAFZA has $2 billion sukuk originally maturing in November

May 27, 2012 12:30

Dubai prisoners on hunger strike over debt sentences

The men, most of them real estate developers and businessmen working in Dubai during its economic boom years, fell into debt when the emirate's property bubble burst after the 2008 global credit crisis.

May 23, 2012 11:41

Dubai’s Emirates NBD names new investment banking unit chief

Emirates NBD, Dubai’s largest lender, named Mohammad Kamran Wajid as chief executive of its investment banking arm Emirates NBD Capital,…

May 23, 2012 11:39

Dubai’s DIB launches five-year $500 million Islamic bond

Dubai Islamic Bank launched a five-year, $500 million Islamic bond, or sukuk, at a spread of 365 basis points over…

May 22, 2012 3:28

Dubai’s drake closes in on $300 million Iraq contract – CEO

Dubai contractor Drake & Scull , which has shifted its focus abroad after a slowdown in the United Arab Emirates’…

May 22, 2012 9:09

Fall in Dubai prices eases in April

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 interest in Chinese Yuan rises –Standard Chartered

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

Australia's NSW Revives Islamic Finance Push

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

Dubai's Arabtec Q1 Net Surges

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

Dubai's Drydocks restructuring hit by Singapore snag

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

The Six Most Unusual Hotels in the World

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