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Nation

GCC likely to award $45b infrastructure contracts
New Ventures report shows spending will double by end of this year
Fajr Capital-led investor group buys stake in GEMS Education
Gems Education, a UAE-grown global brand that was founded 54 years ago, and is now the world’s largest provider of K-12 private education.
Ambassador inaugurates India Expo 2014 in Dubai
The FIEO, who is the organiser of this BSM, represents the Indian entrepreneurs spirit of enterprise in the global market.
Flydubai planning first sukuk by end of 2014
The Dubai carrier on Wednesday confirmed to Khaleej Times that it’s in talks with advisers for a potential bond issuance.
Mashreq offers 3-in-1 cinema credit card
For the first time ever in the UAE, cinema-goers can experience the full power of loyalty on their credit card.
FGB sells 45% shares in brokerage unit
FGB has signed share purchase agreement with Integrated Financial Group, or IFG, a subsidiary of Abu Dhabi Financial Group, to sell its stake in brokerage firm First Gulf Financial Services, or FGFS.
Emirates appoints new vice-president
The newly-created vice-president for commercial product position will be fulfilled by Mohammad Al Hashimi, who has worked with Emirates since 2006.
DPE announces discovery of new gas in Dubai’s Fateh field
Current indications are that the newly discovered gas is largely methane with no toxic and metal eating H2S (hydrogen sulphide) content, says Dubai Petroleum Establishment.
UAE IT market poised for 8.47% growth
In the UAE, which ranks fourth out 148 countries in technology absorption, about 85 per cent of households have a personal computer.
Etihad Airways revenue up 29%
A total of 3.9 million passengers travelled in July-September period
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