iPhone | iPad
Android
HuaweiABU DHABI - The existing international regulatory framework for aviation needs to be improved to accommodate the transformation the industry has gone through in recent years, Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the UAE General Civil Aviation Authority, or GCAA, said on Wednesday.
KT APPDOWNLOAD
MORE FROM Local business
DUBAI - VisitBritain, the national tourist office of the UK, is once again participating at the world’s leading Arabian Travel Market 2009, or ATM, a leading travel and tourism show in the Middle East, to be held from May 5 to 8 at the International Exhibition and Convention Centre in Dubai.
DUBAI - Takaful, or Shariah compliant co-operative insurance, which is growing 35 per cent faster than conventional insurance worldwide, is poised to become a $11 billion market by 2015, Dr. Ahmed Al Janahi, Managing Director of Noor Takaful, said on Tuesday.
DUBAI - HP ProCurve, the networking arm of Hewlett-Packard, aims to achieve 30 per cent year-on-year sales growth this year in the Gulf region despite the global financial turmoil.
DUBAI - Islamic banks hit by the real estate downturn face a crisis that could include layoffs or more rescue measures if liquidity does not improve, with some players aiming simply to survive instead of grow, leading bankers said.
DUBAI - The UAE markets will continue to experience short-term rallies under a bear market in the second quarter, EFG Hermes said.
DUBAI - HSBC Holdings Plc cut the minimum monthly salary required for personal and auto loans in the UAE by half to Dh10,000 ($2,720), in a possible sign credit is easing in the second-biggest Arab economy.
DUBAI - The Abu Dhabi National Exhibition Centre or ADNEC will see Cityscape Abu Dhabi return for its largest ever edition from April 19 – 22. This year’s event is expected to be 32 per cent bigger than the 2008 edition and will cover a gross area of more than 38,000 square metres, said a Press statement on Monday. Since its launch in 2007, Cityscape Abu Dhabi has shown significant growth year on year.
DUBAI - Dubai Electricity and Water Authority, the state-owned utility that refinanced a $2.2 billion loan last week, posted a profit in 2008 as the cost of electricity generated and 
purchased declined.
DUBAI - Oman, the Middle East’s largest non-Opec crude producer, posted a budget surplus of 1.54 billion rials ($4 billion) last year as income from oil sales 
almost doubled.