iPhone | iPad
Android
HuaweiDUBAI — The UAE has joined the EU, the US and five other countries to sign the ‘Statement of Policy Principles’ for adopting open sky policies through a multilateral framework, instead of the current practice of countries entering into 
bilateral agreements.
KT APPDOWNLOAD
MORE FROM Local business
DUBAI — The portfolio manager for Majid Al Futtaim Asset Management, Habib Oueijan, this week encouraged international investors to take a more long-term perspective towards investment opportunities in the Middle East and North 
Africa region.
DUBAI — Airbus is on track this year to match and possibly supress its the 2008 delivery record of 483 planes, the European plane-maker’s top executive said on Monday at the Dubai Airshow.
ABU DHABI — UAE Central Bank Governor Sultan bin Nasser Al Suwaidi said that banks in the country would have had no problems during the financial crisis, if they owned sufficient liquid securities among their assets.
ABU DHABI — The UAE central bank has told banks to take provisions worth half their exposure to troubled Saudi firms Saad Group and Ahmad Hamad Algosaibi and Bros Co by year-end, a newspaper reported.
DUBAI — The UAE has no plans to rejoin Gulf states working to establish a single currency, Minister of State for Foreign Affairs Anwar Gargash said.
ABU DHABI/NEW DELHI — The UAE’s leading business conglomerate Dhabi Group, has announced a partnership with India’s Essar Group, where Essar will make investments into the telecom assets of Dhabi Group in Uganda and in the Republic of Congo.
DUBAI — IFA Hotels and Resorts, or IFA HR, the largest foreign investor on the Palm Jumeirah, has announced the launch of its second hotel condominium ownership product in the Middle East.
DUBAI — Dubai’s Union Properties made a net loss of Dh152.3 million ($41.46 million) in the third quarter, its second consecutive quarterly loss, blaming lower revenues and provisions against contracting-linked losses.
DUBAI — The Dubai Financial Market General Index fell for a second day, declining 0.1 per cent, while Abu Dhabi’s gauge gained 0.2 per cent. Saudi Arabia’s Tadawul All Share Index dropped 0.6 per cent. Air Arabia PJSC dropped the most since November 3, declining 1.9 per cent to Dh1.06. The UAE’s biggest low-cost carrier said profit fell 33 per cent to Dh143.5 million.