ABU DHABI — The UAE inflation could drop to around two per cent this year as rents and commodity prices ease and liquidity dries up, Standard Chartered said on Tuesday.
ABU DHABI — The UAE inflation could drop to around two per cent this year as rents and commodity prices ease and liquidity dries up, Standard Chartered said on Tuesday.
DUBAI — Dubai’s rapid development as a commercial and financial hub for the Middle East offers lessons for businesses and communities in the wider world, says the dean of the Wharton School of the University of Pennsylvania.
DUBAI — Emirates has unveild a technology and entertainment corner called e-zone in the Business Class Lounge at Terminal 3.
DUBAI — Hotels in Dubai, Abu Dhabi and other cities in the Middle East region are among the leading performers in the global hotel industry, said professional services firm Deloitte Touche Tohmatsu.
DUBAI — The committee set up to restructure troubled mortgage lenders Amlak Finance and Tamweel Finance, will shortly submit its recommendations to the government to resuscitate the moribund property and mortgage sectors.
DUBAI — The Gulf region’s private equity industry will enter a phase where returns of the last few years will be dwarfed, said Arif Naqvi, Group Chief Executive Officer of Abraaj Capital.
DUBAI — The ongoing global credit crisis is creating new investment opportunities in the Middle East for private equity firms, said Dr. Omar bin Sulaiman, Governor of the Dubai International Financial Centre.
DUBAI — Emirates, the Dubai government-owned airline that is the biggest customer for the Airbus SAS A380, will reduce its weekly flights to Shanghai and Beijing from the end of this month.
DUBAI - The Dubai Islamic Bank, the world’s third largest Islamic bank, plans to increase its customer base by 15 per cent and expects to generate 47 per cent of the total revenue from retail banking operations this year.
DUBAI - Lack of job recognition in the region’s workplaces is the biggest barrier to employee productivity, according to a recent poll conducted by Bayt.com. 41 per cent of the surveyed respondents cited that little or the lack of credit for their efforts causes their productivity levels to wane.