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HuaweiDUBAI — The UAE plans to launch a lending programme dedicated to encourage and support Small and Medium Enterprises, or SMEs, top government officials said on Thursday.
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DUBAI — The UAE Central Bank ruled out the possibility of the Arab world’s second-largest economy slipping into deflation, despite the sharp fall in the rate of inflation to a record low of 1.9 per cent in April.
DUBAI — His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Thursday renewed his confidence in the abilities and efficiency of the staff of Dubai International Financial Centre, or DIFC, and Dubai Financial Services Authority, or DFSA, the regulatory authority for DIFC.
ABU DHABI - Major National Oil Companies, or NoCs in the Middle East, are planning to invest $29 billion in oil and gas industries this year, despite ongoing concerns around oil demand, according to a new analysis by Ernst & Young.
ABU DHABI - Abu Dhabi-based Gulf Capital has raised Dh1.75 billion ($476.6 million) for a fund launched with Credit Suisse and aims to complete its first deal within a month, the firm’s chief executive said.
DUBAI - Although cash and confidence issues still prevail, Dubai’s property market will witness the first green shoots of recovery sometime between the end of 2009 and the second quarter of 2010, according to a panel of industry experts speaking here on Wednesday at the third Cityscape Connect business breakfast.
DUBAI - With more than $10 billion sent from the UAE by foreign workers in 2008, the Emirates has become the second top source of fund remittances in the GCC after Saudi Arabia, money transfer experts said.
DUBAI - Jebel Ali Free Zone or Jafza, operator of Dubai’s logistics and industrial special economic zone, said on Monday that it has seen an increase in interest from American and European businesses keen to expand 
in the region.
DUBAI - Al-Futtaim Automotive, a leading car distributor in the UAE, has announced it is offering a free redundancy cover on purchases from all their volume brands.
DUBAI/BANGKOK - The inaugural flight of Emirates Airline’s A380-800, the first airbus to fly to Thailand , touched down at Suvarnabhumi International Airport at 7pm (Bangkok time) on Monday with its full capacity of 489 passengers.