Monday 2 February 2015
 
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UAE

UAE fleet manager postpones flotation on poor demand

Abu Dhabi-based fleet manager Massar Solutions has postponed its initial share sale after the planned flotation failed to secure enough investor backing during the subscription period, a report by UAE's daily The National said on Sunday.

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UAE fleet manager postpones flotation on poor demand

Abu Dhabi-based fleet manager Massar Solutions has postponed its initial share sale after the planned flotation failed to secure enough investor backing during the subscription period, a report by UAE's daily The National said on Sunday.

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UAE December bank lending growth slows

Bank lending growth in the United Arab Emirates (UAE) slowed to 9.5 per cent year-on-year in December from 10.2 percent in November, central bank data showed on Sunday. Money supply (M3) growth slowed to 9.2 per cent from 11.6 per

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Jannah opens luxury residences unit in Dubai

UAE-based Jannah Hotels & Resorts has opened its new luxury residences facility at the Dubai Marina in line with its UAE expansion strategy.   As an opening offer, Janah has launched special promotions for long-term stays

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Gemini breaks ground on key facility in Abu Dhabi

Gemini Building Materials, a leading importer and trader of building materials in the UAE, has broken ground on its new manufacturing facility at Khalifa Industrial Zone in Abu Dhabi (Kizad). The new Gemini Technical Industries unit wil

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Gemini breaks ground on key facility in Abu Dhabi

Gemini Building Materials, a leading importer and trader of building materials in the UAE, has broken ground on its new manufacturing facility at Khalifa Industrial Zone in Abu Dhabi (Kizad). The new Gemini Technical Industries unit wil

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UAE employers ‘must embrace potential of millennials’

UAE employers must embrace the potential of the millennial generation to transform their businesses, according to a top executive. Bill McDermott, chief executive officer of SAP, is visiting the emirates, having recently written a

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Turkey, Lebanon restart Baghdad flights

Turkish Airlines and Lebanon's Middle East Airlines (MEA) resumed flights to Baghdad on Thursday after halting them earlier in the week when bullets hit a plane as it was landing in the Iraqi capital. Samir Kubba, the head of

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Hala Abu Dhabi expands promotion across 23 countries

Hala Abu Dhabi, the destination management division of Etihad Airways, has signed preferred sales agreements across 23 countries including America, Europe, the Middle East, Africa, Asia and Australia to promote the UAE capital as a tourist desti

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Yas Island participates in Indian travel trade show

Yas Island, Abu Dhabi’s premier business, leisure and entertainment destination, is participating at the South Asian Travel and Tourism Exhibition (SATTE), which started today (January 29) in New Delhi, India. The Indian travel tr

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