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Dubai Counting on Retail, Tourism to Break Out of Economic Funk

(Bloomberg) -- Dubai is looking to retail and tourism to break free of its weakest economic expansion in almost a decade. Growth in the city’s gross...

du, DED celebrate migration to cloud-based platform

du, from Emirates Integrated Telecommunications Company (EITC), has announced that the inaugural Dubai Pulse customer, the Department of Economic Development (DED) in Dubai, has...

Emirates NBD CFO to Leave

Emirates NBD's Chief Financial Officer Surya Subramanian, who steered the bank through some of Dubai’s largest restructurings, is set to leave after almost nine...

Dubai’s Economy Explained in Five Charts

(Bloomberg) -- Dubai’s $108 billion economy is still eking out growth, but distress is increasingly felt far beyond its bellwether property industry. Despite the emirate’s standing...

Abraaj CEO Charged With Fraud

(Bloomberg) -- Two former executives of The Abraaj Group, which collapsed last year in the world’s biggest private-equity insolvency, were arrested on U.S. charges of...

UAE’s Culinary Capital Is Building New Buzz

Vineet Bhatia was among the first international chefs to open a restaurant in Dubai. His Indego by Vineet in the city’s Grosvenor House Hotel...

UAE Real Estate Developers Recover Amid Gloom as Traders Get Picky

(Bloomberg) -- Investors in the United Arab Emirates’s stock markets are marking a clear distinction on how they see some of the biggest listed real...

May Nasrallah Is Leading a Stampede Toward Boutiques

(Bloomberg) -- In the midst of the financial crisis, as bankers around the world worried about their fate, May Nasrallah made a bold decision. Having reluctantly...

Dubai Islamic Bank to Consider Acquiring Noor Bank

(Bloomberg) -- Dubai Islamic Bank, the United Arab Emirates’ biggest Islamic lender, is considering buying its smaller rival Noor Bank, people with knowledge of...

Emaar, ELIE SAAB Announce Unique Design Collaboration

Luxury has a new destination. ELIE SAAB at Emaar Beachfront, a gated island destination in Dubai, was unveiled at Dubai Opera by Mohamed Alabbar, Chairman...

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