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Central Bank agrees for interim lending facility
The UAE Central Bank has announced recently a new lending facility to assist banks which face short term liquidity shortfalls in the future.
Arabtec sell-off drags Dubai shares down
The Dubai bourse plunged six per cent, the steepest drop since June 24, to close at 4,609.67 points on Sunday, dragged down by construction giant Arabtec, which failed to shore up investor confidence.
Etisalat’s earnings leap 19% to Dh4.5 billion
Emirates Telecommunications Corporation’s consolidated earnings grew 19 per cent year-on-year to Dh4.5 billion in the first half of the year.
Growth dips in Dubai’s home market
Craig Plumb, head of research at JLL Mena, said the Dubai real estate market maintained its positive performance in the second quarter.
UAE claims top spot in Mena global innovation rankings
‘Human Factor in Innovation’ at centre of government’s Vision 2021
Shaping up future business leaders
Dunia Finance’s leadership programme inspires young minds in their formative years to help them discover the leader within, writes Muzaffar Rizvi
Strata and PCT sign Dh16.5m agreement
The agreement sees Strata outsourcing a central function in the treatment of composite materials for the production of A380 flap track fairings to PCT.
DED goes digital to attract more FDI
Dubai has launched a digital magazine that highlights advantages of investing here, including tips and testimonials on setting up business in the emirate.
Etihad Rail and NewPort in deal
NewPort is a global, bulk liquid and logistics platform that specialises in tank container transport.
New hotels from Intercontinental in Abu Dhabi
Sayed Tayoun said the group has approved plans to push ahead with expansions to benefit from sharp growth in the emirate’s tourism sector, adding that Abu Dhabi is in the midst of a boom in the hospitality and tourism sector.
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