Dubai « 6/73 « | Kippreport.com

Celebrities' business ventures in Dubai

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

Fly Dubai to Add Destinations, Planes, Eyes Price Rise

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

In Pictures: The tallest cities in the Arab world

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

Dubai Sukuk to Fund Airport Expansion

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 Q1 Net Profit on the Rise

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

Emaar Q1 Net Profit Beats Forecast

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

Istithmar Buys Atlantis Resort Stake from Kerzner

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

The Six Degrees of…Robert Fisk

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

Dubai Prices $1.25 Billion Islamic Bond at Par

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 10:50

Dubai's $1.25 Billion Islamic Bond to Price Wednesday

Dubai is planning to raise $1.25 billion from a two-tranche Islamic bond sale on Wednesday, with final price guidance for both tranches tighter than indicated initially.

April 25, 2012 2:59

Dubai Lender ENBD's Q1 Profit Beats Forecasts

Emirates NBD reported a forecast-beating first-quarter net profit as a near 50-percent rise in non-interest income and lower impairments boosted profitability.

April 25, 2012 2:48

Mashreq Bank Q1 Net Profit Up 2 Percent

Mashreq bank posted a 2 percent rise in first-quarter earnings, as a fall in provisions outweighed lower total income. Net profit increased to 271 million dirhams ($73.8 million) in the period, up from 265.3 million dirhams a year earlier, a bank statement said.

April 25, 2012 10:39