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HuaweiDUBAI - Luxgen, Taiwan’s first automobile brand is making its global debut at the Dubai International Motor Show, which was inaugurated at the Dubai World Trade Centre on Wednesday.
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DUBAI — Property developer Nakheel PJSC’s repayment of its $4.1 Islamic bond is already being processed with the funds channeled to the clearing system, shortly after this was sent to the principal paying agent, the company said on Tuesday.
DUBAI — Nasdaq Dubai said all Islamic bond issuers should disclose the status of their debts in the wake of Dubai World’s call for a standstill agreement on its $26 billion debt.
DUBAI — Dubai shares retreated on Tuesday with investors cashing in on gains from Monday’s surge, as worries linger over Dubai’s debts despite the $10 billion support fund by Abu Dhabi.
DUBAI — flydubai, Dubai’s first low-cost carrier, has begun services to Kathmandu, Nepal, home to the world’s highest point — the Mount Everest. The Himalayan nation was the second new destination in under a week for the airline, after it commenced flights to Bahrain on Sunday.
DUBAI - The Galadari Group has announced the appointment of Khaled Aly Aly Soliman as Chief Executive Officer for all companies under its umbrella.
DUBAI - International financial institutions, business leaders and professionals in the UAE welcomed the move by Dubai and Abu Dhabi governments to support the nation’s corporate sector as a positive step in safeguarding the stability of the UAE economy and its financial system.
DUBAI - The cost of protecting investors against Dubai defaulting on its debt tumbled the most since February after Abu Dhabi pledged $10 billion to help the emirate meet its obligations.
DUBAI - Nakheel PJSC bond prices doubled after Abu Dhabi provided $10 billion to help parent company Dubai World meet its financial obligations.
ABU DHABI - UAE Minister of Foreign Trade Shaikha Lubna Al Qassimi emphasised that the UAE economy is robust and diverse thanks to the country’s strategies which helped create an outstanding economic model and make the UAE a global hub for 
finance and trade.