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UAE’s new maritime draft law likely in early 2019The first draft of the UAE’s new maritime law is expected to be ready in early 2019, and will then be passed to stakeholders for feedback, before being submitted to the federal government for approval. STA Law Firm, which ha More… |
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Early Birds at Dubai airport to get discountsDubai International Airport (DXB) is helping travellers kickstart their Eid and summer holidays with great discounts for those who arrive early at the airport. Dubai Airports and Emirates Leisure Retail have laucnched a joint init More… |
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Oil falls back after early rally on US storm worriesOil prices fell back on Thursday after an early rally on fears of storm damage to US oil installations faded. Brent, the global benchmark for oil, was down 20 cents, or 0.4 per cent, at $48.17 a barrel by 10:33 More… |
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Epidemics alert centre planned in GulfAn early warning centre has been proposed to monitor emerging epidemics in the Gulf. Already in the planning stages, the centre is one of a set of recommendations to come from the three-day International Collaborative Conference i More… |
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BMB set to repay $75m loan earlyBMB Investment Bank will repay the outstanding balance of $28.5 million on its $75 million syndicated loan on Friday, four months ahead of schedule. The bank had to extend this loan when it faced a credit squeeze in 2002 but chief executiv More… |
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CS sees early end to subprime crisisThe worst of the banking crisis resulting from the subprime meltdown is likely to be over in months rather than quarters, Credit Suisse chief executive Brady Dougan has said. Dougan said he was an optimist and it could take three, four, fi More… |
