Saturday 25 May 2013
 
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UAE

Jet Airways shareholders approve Etihad deal

Shareholders in India's Jet Airways approved an agreed sale of a 24 per cent stake in the airline to Abu Dhabi's Etihad Airways, a senior executive at the Indian carrier said on Friday. Jet Airways, however, deferred seeki

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CEO-elect of fraud-hit Rakbank quits

The proposed new chief executive of National Bank of Ras al-Khaimah (Rakbank), one of two banks which earlier this month were named as victims of a massive global bank card fraud, has quit, two sources within the bank said. Ian La

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Etisalat supports mGovernment initiative

Etisalat has committed to support the UAE government towards its vision of mGovernment, utilising mobile services for a wide range of state services, said Ahmad Abdulkarim Julfar, the chief executive officer. "Etisalat is mob

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Etisalat supports mGovernment initiative

Etisalat has committed to support the UAE government towards its vision of mGovernment, utilising mobile services for a wide range of state services, said Ahmad Abdulkarim Julfar, the chief executive officer. "Etisalat is mob

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UAE’s non-oil job, output levels surge

While the UAE's non-oil producing private sector reported the fastest rise in employment levels in two years and a further boost in output levels during April, the rate of increase in new orders eased to the slowest in a year, a report said.

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Pacific World announces UAE, Oman launch

Pacific World, a leading event management and PCO organisation, has sealed a strategic partnership deal with top full-service destination management company Travco to launch its operations in the UAE and Oman. A part of TUI Travel

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Doha Bank sets $1.5bn to fund Emirati SMEs

Doha Bank, a leading Gulf-based lender, has earmarked Dh5.5 billion ($1.5 billion) to support small and medium enterprises (SMEs) and corporate clients in the UAE through its fully licenced branches in Abu Dhabi and Dubai besides offering suppor

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Epicor clinches two new UAE deals

Epicor Software Corporation, said it has won two new contracts in the UAE with Kibsons International and Hana International to deploy its next-generation enterprise resource planning (ERP) solution. Kibsons is a fresh fruits and v

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UAE sees big foreign capital inflow

The UAE is the key beneficiary of private capital flow into the GCC region, according to the fourth annual Invesco Middle East Asset Management Study, with capital from emerging markets, most notably from India, Russia and China, overtaking thos

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UAE tops region for tourism receipts in 2012

The United Arab Emirates has topped the Middle East region for international tourism receipts in 2012, a report said. Globally, the UAE was ranked 31st with receipts of about $10 billion, while Saudi Arabia claimed the 35th positi

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