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Thursday, 12 December 2019

UAE's flagship Khalifa Port to get $1bn upgrade

Abu Dhabi Ports has announced plans for a major expansion of Khalifa Port, seven years after it...
Saudi Aramco likely to break $2trn valuation ceiling on Thursday
Fund manager Dalma Capital predicts that Saudi energy giant may trade limit up for a second...
Revealed: the main problems faced by tenants in Dubai
New survey highlights major barriers to finding rented accommodation in Dubai

OSN labels Discovery price demands as unrealistic

Criticism comes as Discovery has removed its channels from OSN after negotiations over a new deal...
Dubai developer launches luxury travel packages for foreign investors
Azizi Developments unveils fly-in programme for international investors, offering customised five...
Saudi Aramco IPO 'is quite reasonably priced' - Scaramucci
Former White House communications officer Anthony Scaramucci gives his opinion on the long...

UAE issues warning to gym users over steroid sales

Ministry of Health and Prevention says it has intensified its monitoring at a number of gyms
Abu Dhabi Catalyst Partners announces first investments worth $225m
All three investments involve commitments to a physical presence in the UAE capital and under the...
Capital Club Dubai seeks turnaround after membership dwindles
Members-only business club is seeking money to boost the exclusive meeting spot once-favoured by...

Oman Air cancels 424 flights amid Boeing 737 MAX groundings

737 MAX has been grounded throughout most of the world since March following a pair of deadly...
Dubai hotel group Citymax appoints new CEO
Raj Rana, who has over 30 years of international hospitality experience, was previously CEO of...
Dubai picked to host MENA Climate Week 2020 during Expo mega event
United Nations Framework Convention on Climate Change chooses Dubai to host the first of its kind...

Saudi Arabia may tap international debt markets to fill budget gap

Official says most of the debt will be local and about 45% will be raised overseas through sukuk...
Hotel giant unveils plan for two new Oman properties
Wyndham Hotels & Resorts says to introduce Garden and Ramada Encore by Wyndham brands to Oman
UAE tax revenues exceed $6.8bn, 5.5% of public purse
Ministry of Finance figures reveals impact of VAT on country's overall budget
Photos

Nike launches full-coverage swimsuits for women

Collection includes the Nike Victory Full-Coverage Swimsuit, along with swim separate options -...
Videos

Etihad Airways brings fans of 'The Ellen Show' to Abu Dhabi

As part of her much anticipated 'Greatest Night of Giveaways' talk-show, host Ellen DeGeneres and...
Editor's Choice

Saudi Aramco shares soar maximum 10% on market debut

Saudi Aramco shares advanced to 35.2 riyals, giving it a market value of $1.88 trillion
Mubadala Capital seeks to double third-party funds to $6bn
Mubadala Capital, which currently manages $25bn of its own and external capital, plans to boost...
Dubai property deals hit new 11-year high in November
More than 5,000 property transactions recorded with the Dubai Land Department in November, a 11...
Opinion

What would a $2trn valuation mean for Saudi Aramco?

Bloomberg's Liam Denning weighs up the odds on Saudi oil giant eventually achieving magical...
Opinion: the rise of short-term rentals
How landlords are capitalising on the demand for temporary accommodation
Anthony Scaramucci for president?
They both talk in superlatives and refer to themselves in the third person. Can former White...
Featured Analysis

Saudi Aramco: from Prosperity Well to global energy giant

How Aramco has grown into the world's largest and most profitable energy concern, generating some...
Renaissance man: Riyad Bank's Tariq Al-Sadhan
Riyad Bank's new CEO, Tariq Al-Sadhan, is tasked with taking the company into a digital future...
'You've got real credible evidence that this guy is a criminal' - Scaramucci on Trump
Ahead of his hosting of a major business event in the UAE, former White House communications...
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