Results for
dubai
1,962 Results-
Arabtec in talks with UBS to advise on construction merger
Dubai-based Arabtec Holding is in talks to appoint UBS as a financial advisor for its potential merger with construction company Trojan Holding LLC, ... Economy -
Dubai Aerospace drops plans for big aircraft order, targets M&A deal
Dubai Aerospace Enterprise favors expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from Airbus and ... Economy -
Dubai Aerospace wins $1.4 bln deal to source and manage aircraft
Dubai Aerospace Enterprise (DAE) has been mandated by one of the world’s largest fund managers to source and manage aircraft valued at about ... Economy -
Suspected drones disrupt Dubai flights
Flights at Dubai’s international airport, one of the world’s busiest, were briefly disrupted on Sunday due to “suspected drone ... Gulf -
Dubai’s Meraas Holding, Canada's Brookfield create $1.4 bln retail JV
Canada’s Brookfield Asset Management and Dubai’s Meraas Holding have agreed to form a joint venture (JV) valued at 5 billion dirham ($1.4 ... Financial Markets -
Dubai house prices to fall sharply
Dubai house prices will decline sharply this year and next, according to property market experts in a Reuters poll, who said a slowdown in the economy ... Economy -
Bangkok tops in 2018 for international visitors: Report
Bangkok ranked first in 2018 for the fourth straight year as the city with the most international visitors, according to an annual report by ... Travel and Tourism -
Dubai uses extreme cold cryotherapy to treat racehorses in world first
In the searing summer heat of Dubai, some of the world’s top racehorses are being swathed in freezing nitrogen mist to boost their ... Variety -
Dubai tourism increases three percent for H1 2019
According to data released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), the emirate saw some 8.36 million ... Travel and Tourism -
Dubai house rents see modest drop in H1 2019: Report
Dubai tenants can celebrate as median advertised apartment rents were five percent cheaper in H1 2019, according to the new Property Finder Trends ... Financial Markets -
Dubai’s Emaar Q2 profit falls 7.4 pct as Dubai property market cools
Dubai’s largest listed developer Emaar Properties’ second-quarter profit fell 7.4% as the Middle East financial hub’s property ... Economy -
Dubai fines two Abraaj companies $315 million
The Dubai Financial Services Authority (DFSA) on Tuesday announced that it will fine two Abraaj-affiliated companies 1.15 billion dirhams ($315 ... Economy -
Dubai Financial Market launches Sustainability Strategic Plan 2025
The Dubai Financial Market (DFM) announced Tuesday that it will launch its Sustainability Strategic Plan 2025 aimed at promoting environmental, social ... Economy -
Emaar, Beijing Daxing Int’l Airport sign deal for $11 bln project
Dubai’s Emaar Properties signed an agreement with Beijing Daxing International Airport to implement an $11 billion project that includes ... Economy -
Dubai’s DP World hires banks for dollar bond issue
Port operator DP World has hired banks to arrange a series of investor meetings ahead of a potential issue of 10-year US dollar-denominated sukuk, or ... Financial Markets -
Qatar’s BeIN loses legal battle against Saudi Selevision
Qatar’s beIN Media Group has lost its case against Saudi firm Selevision on Thursday and will pay over seven million dollars in compensation, ... Television & Radio -
Port operator DP World in talks to acquire Topaz Energy
DP World is in talks to acquire oil services company Topaz Energy and Marine, the port operator said on Sunday. Britain’s Sky News, ... Energy -
Dubai developer The First Group to issue $135 mln sukuk
The First Group, a Dubai-based developer and real estate investor, plans to issue $135 million in sukuk, or Islamic bonds, a company spokeswoman said. ... Economy -
Dubai bus crash kills 17, including 12 Indians
Twelve Indians were among 17 people who were killed in Dubai when their bus crashed into a road sign after entering a restricted lane, police and the ... Gulf -
BP agrees to sell Egyptian oil assets to Dubai’s Dragon Oil
BP said on Monday it had agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil for an undisclosed sum. ... Energy -
Abraaj founder released from custody after $19 mln bail payment
Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting bail conditions ... Economy -
Expo 2020 Dubai to attract 11 mln foreign visitors
Dubai could attract 11 million foreign visitors to the Expo 2020 trade fair, organizers said in an interview, giving a significant boost to the ... Economy -
Dubai tells food groups to give calorie details on all menus
Dubai has issued a circular requiring food organizations to give details on calories on all menus, the government media office tweeted on Sunday. ... Healthy Living -
Cinema Akil: Transforming the cinema into a dining ‘majlis’
Dubai-based Cinema Akil - the independent cinema platform - and Project Chaiwala are transforming the cinema into a dining ‘majlis’ ... Entertainment -
DAMAC profit falls 94 pct as Dubai property market slumps
Property developer DAMAC Properties reported a 94% drop in first-quarter net profit on Wednesday, its smallest since going public in 2015, hurt by ... Economy -
Emirates profit hit by sky-high fuel costs, strong dollar
Emirates will “work smart and hard” to improve its performance after the Gulf airline’s profit hit a decade low as soaring fuel ... Technology -
Dubai announces futuristic urban projects, including cable car over main road
Dubai announced a series of futuristic urban projects on Tuesday, including a 15-kilometer (nine mile) cable car system above the emirate’s main ... Economy -
Buffett’s Berkshire Hathaway moves into Dubai despite property downturn
The real estate affiliate of billionaire investor Warren Buffett’s Berkshire Hathaway Inc said on Sunday it will expand its brokerage operations ... Economy -
Dubai expects 2.1 pct growth in 2019 on Expo preparation, better trading outlook
Dubai’s economy is expected to grow by 2.1 percent in 2019, the government has forecast, recovering from a downturn last year when it hit its ... Economy -
Dubai financial services authority says investigation into Abraaj is ongoing
Dubai’s financial services authority (DSFA) said on Monday that its investigation into collapsed Dubai private equity firm Abraaj Capital Ltd ... Financial Markets