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Abu Dhabi says 2010 nominal GDP rose 15.9 percent

Abu Dhabi GDP at AED620.2 billion in 2010 vs AED546.5 billion in 2009; Oil made up 49.7 percent of Abu Dhabi GDP in 2010; Average crude production at 2.3 million bpd in 2010 - Reuters

July 26, 2011 11:41
 

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
 

Dubai’s ENBD Q2 net surges 87 pct as provisions drop

Q2 net profit 744 mln dirhams vs 398 mln dirhams yr-ago; Impairment allowances for Q2 drop 18 pct; Rise in non-interest income help drive profits in Q2

July 25, 2011 9:02
 
Home-bound: UAE, KSA residents stay put for Ramadan

Home-bound: UAE, KSA residents stay put for Ramadan

Holiday plans at a halt as nationals and expatriates prepare for Ramadan

July 24, 2011 3:37
 

UAE’s Etisalat renews management agreement with Saudi affiliate

Five more years for Etisalat's Saudi connection as it renews management agreement with Saudi affiliate Mobily.

July 24, 2011 10:34
 

Telefonica signs strategic deal with Etisalat

Spain's Telefonica has signed a strategic agreement with the UAE largest telecoms carrier Etisalat which it hopes will cut costs, the telecoms giant said on Thursday.

July 23, 2011 12:43
 

UAE most likely buyer for French fighter jet-minister

French Defence Minister says talks with UAE advanced; UAE no longer demanding more powerful engines - Reuters

July 21, 2011 11:51
 
What’s the big idea? Entrepreneurship in the UAE and KSA

What’s the big idea? Entrepreneurship in the UAE and KSA

Exclusive research from Kipp and YouGovSiraj has found more entrepreneurial drive among Saudis than in Emiratis while entrepreneurs remain skeptic about setting up online shopping. Precious de Leon reports.

July 20, 2011 3:45
 
Humpty House: Dubai house prices to fall another 10 percent –poll

Humpty House: Dubai house prices to fall another 10 percent –poll

A Reuters poll sees the Dubai real estate market continues to be oversupplied by 30 percent while Abu Dhabi prices are also expected to fall another 15 percent before steadying.

July 20, 2011 11:37
 

UAE’s June YoY inflation at 6-month high for food

Inflation at 1.7 percent year-on-year in June versus 1.4 percent year-on-year in May; Consumer prices +0.4 percent month-on-month versus 0.2 percent month-on-month in May; Food costs rise to 9-month high - Reuters

July 20, 2011 9:54
 
Drive-in cinemas: a car brand hopes you get star-struck

Drive-in cinemas: a car brand hopes you get star-struck

What will it take for you to get intimate with Lexus? Well, it hopes you'll cozy up with it at the movies.

July 18, 2011 3:40
 
Mass exodus, the sequal: With rents in Abu Dhabi falling, are Dubai residents going to rethink their address?

Mass exodus, the sequal: With rents in Abu Dhabi falling, are Dubai residents going to rethink their address?

With the steady supply of new residences driving down rents in Abu Dhabi, analysts say it's a good thing for tenants, buyers, developers and landlords alike. Precious de Leon reports.

July 17, 2011 2:27
 
UAE’s mission impossible: Cooling the desert

UAE’s mission impossible: Cooling the desert

UAE faces blackouts as summer temperatures soar’ Authorities say power supplies sufficient; Govt pledges new investment for northern emirates - Reuters

July 13, 2011 2:09
 
S&P reviews UAE, Qatar, Jordan emerging market status

S&P reviews UAE, Qatar, Jordan emerging market status

The UAE, Qatar and Jordan is under review for a potential upgrade to an emerging market status by Standard &…

July 12, 2011 12:39
 
A lesson not learned: Abu Dhabi debt confusion needs clearing up

A lesson not learned: Abu Dhabi debt confusion needs clearing up

Reuters columnist Una Galani things that even with debts between TDIC and Aldar, the UAE capital has not learnt any lessons from history at all. Will it survive its next financial move?

July 12, 2011 10:26
 
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