Tuesday, April 23, 2019
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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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Eni Signs Offshore Exploration Deal With Ras Al Khaimah

Eni SpA has signed an exploration and production agreement with the emirate of Ras Al Khaimah, a further push by the Italian company into...
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Abu Dhabi Lets Foreigners Own Land

(Bloomberg) -- Abu Dhabi will allow foreigners to own the land under their homes and offices for the first time as the emirate looks for...
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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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Lombard Odier, first Swiss private bank to receive license to operate...

Bank Lombard Odier & Co Ltd has become the first Swiss private bank to receive a license to operate at the Abu Dhabi Global...
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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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Physical Retail needs to Evolve with Changing Consumer Behavior

The retail sector has been under close observation in the Middle East. Many press articles and industry chatter suggest that consumers have become more...
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