Friday 19 April 2024
 
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UAE investment

Air Arabia shares hit on exposure to Abraaj funds

Sharjah-based lowcost carrier Air Arabia swung between gains and losses after the airline disclosed exposure to funds managed by Abraaj Group, the Dubai-based private equity firm that’s battling creditors, said a report. The

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India keen to bolster trade, investment with UAE

India is interested in bolstering constructive economic, trade and investment cooperation with the UAE in order to serve mutual interests, stated Indian Prime Minister Narendra Modi in Dubai yesterday (February 11). India is inter

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India keen to bolster trade, investment with UAE

India is interested in bolstering constructive economic, trade and investment cooperation with the UAE in order to serve mutual interests, stated Indian Prime Minister Narendra Modi in Dubai yesterday (February 11). India is inter

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UAE investments in Kazakhstan top $545m

UAE’s investments in Kazakhstan have crossed Dh2 billion ($545 million), said Kairat Lama Sharif, the Ambassador of Kazakhstan to the Emirates, adding that trade exchange recorded $135 million by the end of 2015. Lama Sharif

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3,000 Russian firms 'planning investment in UAE'

As many as 3,000 Russian businesses are planning to invest in the UAE, with the lion's share going to Dubai, said a top official. “The Russian Federation strives to boost economic relations with the UAE as well. Russian

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3,000 Russian firms 'planning investment in UAE'

As many as 3,000 Russian businesses are planning to invest in the UAE, with the lion's share going to Dubai, said a top official. “The Russian Federation strives to boost economic relations with the UAE as well. Russian

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Indian luxury brands to invest $25m in UAE

Luxury brands from India are expected to invest $25 million in the UAE through new ventures and collaborations, said the event organisers of the recently concluded Royal India Luxury Show 2014 in Dubai, UAE. A total of 22 hand-pic

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Abu Dhabi Falcon bank eyes $1bn AUM target

Falcon Private Bank, owned by Abu Dhabi's Aabar Investments, will achieve its target of $1 billion assets under management in the UAE by the end of 2011, helped by Gulf investors shifting away from traditional investment hubs, its chief execut

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Ex-BP boss denies UAE investment plans

Former BP chief executive Tony Hayward denied he was setting up an investment firm as he left a private meeting in one of the most luxurious hotels in the UAE. 'I'm not starting an investment fund, I'm not looking for a job in

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