iPhone | iPad
Android
HuaweiDUBAI — Gulf stocks on Wednesday rose with Dubai’s gauge climbing the most in two weeks as oil and global markets gained on speculation this month’s slump may be overdone. Egypt’s main index surged after entering a “bear market” on Tuesday.
KT APPDOWNLOAD
MORE FROM Local business
ABU DHABI — Emirates will visit Abu Dhabi this week in a bid to recruit additional cabin crew to help service the company’s rapidly expanding fleet and route network.
DUBAI — The Land Department on Tuesday released detailed guidelines to implement Dubai’s ‘Strata Law’. The move introduces a new regulatory framework which redefines the rights, responsibilities and obligations of all parties to jointly owned properties such apartments, commercial units and masterplanned communities.
DUBAI — Dubai International, home to the Middle East’s largest airline Emirates, continued to post impressive growth in passenger traffic and cargo volume during April despite the volcanic disruption, the airport’s 
operator said.
DUBAI - Low-cost carrier flydubai began its operations to Assiut on Monday, marking the start of operations to its third Egyptian destination and sixteenth route overall.
SHARJAH - Budget airline Air Arabia announced on Monday that it will increase its weekly flights to the Indian state of Goa from three to five, in response to increasing seasonal demand for low-cost flight services.
DUBAI - The UAE plans to introduce measures to address shortcomings in the country’s financial system that were exposed during the global financial crisis, Dubai International Financial Centre Governor Ahmed Humaid Al Tayer said.
DUBAI - The global economy needs to design and move to an architecture of networked financial markets, which will create more stable and sustainable “spider web” model instead of the “hub-and-spoke” model that has so far dominated the world financial system and led to the creation of systemic risk, Dubai Financial Centre Authority Chief Economist Dr Nasser Saidi said.
DUBAI - India intends to spend $1 trillion on infrastructure projects in its ten-year plan, a government official said in Dubai on Monday.
ABU DHABI - Dubai-based construction giant Arabtec expects that it will receive cash payments by the end of June from Nakheel, which last week announced proposals to restructure its debt.