ICD says Dubai Duty Free ups loan to $1.5 billion
Airport retailer Dubai Duty Free has increased the size of a multi-tranche loan facility it is currently raising to $1.5…
May 22, 2012 9:20
Investment Corp of Dubai sees no need for bond issue
The Investment Corporation of Dubai (ICD), the emirate’s sovereign wealth arm, has no current plan to issue a bond this…
May 20, 2012 9:39
Dubai may use sovereign fund to repay debt
Dubai could use the $3.8 billion raised by its sovereign wealth fund to pay for its debts, as Dubai entities still have about $10 billion due next year.
December 6, 2011 3:46
Dubai Investments Q2 net profit falls 30 percent
Q2 net profit 137.9 million dirhams - Reuters calculations; Co says total income 1.37 bln dirhams; Negotiations for additional facilities to conclude in H2 - CEO
August 9, 2011 2:30
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24