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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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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