2018 — Topical news of the United Arab Emirates

February 6, 2018 no comments 1013
City: Dubai Industry: Food & Packaged Food Career: Unspecified Job Type: Full Time Gender: Male Listed: February 5, 2018 5:35 pm Expires: 359 days, 13 hours Description We are looking for a young, energetic and positive attitude Driver Cum...

February 6, 2018 no comments 1569
Flights from UAE discounted for select destinations in India and Asia Jet Airways has launched a sale on flights to global destinations across its network. The airline, which is part-owned by Abu Dhabi’s Etihad Airways (24% stake), is offering a 15 percent discount on flights from...

February 6, 2018 no comments 2132
Dubai Holding has assets worth $35.40bln. DUBAI- Dubai Holding, the investment vehicle of the emirate's ruler, has appointed former Goldman Sachs banker Amit Kaushal as chief executive, the company said on Monday. Kaushal, who was most recently Dubai Holding's chief financial...

February 6, 2018 no comments 1664
Discussions about a new issue are at an early stage. DUBAI- DAMAC Properties , the second largest listed real estate developer in Dubai, is in talks with banks about a possible issue of U.S. dollar-denominated Islamic bonds, sources familiar with the matter said on Monday....

February 6, 2018 no comments 1535
First Abu Dhabi Bank is the latest foreign bank attracted by opportunities in Saudi Arabia. ABU DHABI - First Abu Dhabi Bank , the largest bank in the United Arab Emirates by assets, has been given the go-ahead by Saudi Arabia's regulator to conduct arranging and advising activities in the...

February 5, 2018 no comments 1950
Abu Dhabi-owned Etihad Airways is pulling five Boeing 777-200LR passenger jets from its fleet after deciding last year to drop some flights that the aircraft were used on, according to the airline and sources. An Etihad spokesman said it was phasing out the long-range jets as part of its...

February 5, 2018 no comments 1887
Drivers who cross the toll and do not pay the fee can face fines not exceeding AED10,000 Abu Dhabi is set to introduce road tolls similar to the Salik electronic toll system in Dubai, according to a new law issued by President Sheikh Khalifa. Law No 17 of 2017 states that the...

February 5, 2018 no comments 1649
Annual traffic increased 5.5 percent to 88.2mln passengers, compared to 83.6mlnn in the previous year DUBAI - Dubai International Airport said it kept its place as the world's busiest for international passengers in 2017 even as passenger traffic grew at its slowest pace in at least nine...

February 5, 2018 no comments 1634
The company is also looking to upsize its existing loan facility due to cost overruns, IMG said. DOHA/DUBAI - Ilyas & Mustafa Galadari Group (IMG), the Dubai-based operator of the world's largest indoor theme park, is in talks with banks to restructure a 1.2 billion-dirham ($326.7 million)...

February 5, 2018 no comments 1467
The Mall will see a new anchor tenant, Lulu Hypermarket, open its doors in March this year The Mall at the Abu Dhabi World Trade Centre will add thirteen new brand outlets over the rest of 2018, it has announced, in addition to the four that opened their doors this year. The addition...

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