Higher oil boosts Gulf; Egypt stagnates

Dubai: Higher oil prices lifted Gulf stock markets on Monday while Egypt's bourse was sluggish after a corporate survey showed growth in business activity there slowed last month..... Read more »

Posted on : 10/6/2015

Dubai launches 'Islamic Gateway' online platform for SMEs

Dubai has launched an online platform for all Islamic economy-related industry intelligence, news, information and data needed by professionals to advance their business and fuel their innovations as well as for companies to broaden their reach..... Read more »

Posted on : 10/6/2015

DEWA first government organisation to use electric cars

<p>Dubai Electricity and Water Authority,DEWA , has added 8 electric cars to its fleet, thus becoming the first government organisation in Dubai to use electric cars in support of the Dubai Plan 2021 to make Dubai a smart, integrated and connected city that uses its resources sustainably.</p>.... Read more »

Posted on : 10/6/2015

Government support key for Islamic finance growth in UAE - experts

<p>The UAE has been ranked as having the world’s second most developed Islamic economy ecosystem following Malaysia</p> <p>Government support in terms of regulations and standardisation is key for the growth of Islamic economy in the United Arab Emirates, according to experts.</p>.... Read more »

Posted on : 10/6/2015

Go Sport to open its biggest store worldwide in Mall of the Emirates

<p>The store will feature cycling and running areas and a 10-metre volcano-shaped climbing unit</p> <p>French retailer Go Sport will open its biggest store worldwide at Dubai’s Mall of the Emirates, the company’s Middle East franchise unit Al Mana Group has confirmed.</p>.... Read more »

Posted on : 10/6/2015

Al Noor Hospitals in merger talks with South Africa's Mediclinic

<p>The potential deal would involve the issue of new Al Noor shares and may be classified as a reverse takeover</p> <p>Abu Dhabi-based hospital operator Al Noor said that it is in merger talks with South Africa-based healthcare chain Mediclinic International as it looks to expand its operations.</p>.... Read more »

Posted on : 10/6/2015

UAE's Shah gas project hits full output capacity - official

<p>The multi-billion dollar project has the capacity to produce one billion cubic feet of gas per day</p>.... Read more »

Posted on : 10/6/2015

UAE's energy investments on track: Minister

The UAE will continue with its investment programme to explore its massive hydrocarbon potential - and it won't be affected by the recent plunge in oil prices..... Read more »

Posted on : 10/5/2015

Dubai's RTA mulling public private partnerships for Route 2020 project

<p>An extension of the Dubai Metro’s Red Line, the Route 2020 project will connect passengers to the expo site</p> <p>Dubai’s Roads and Transport Authority is open to financing deals from public private partnerships for the Route 2020 project, a senior official has said.</p>.... Read more »

Posted on : 10/5/2015

UAE power plant JV may issue project bond in 2016

<p>The offering from Emirates SembCorp Water &amp; Power could raise up to $350m</p> <p>Emirates SembCorp Water &amp; Power, a joint venture behind the Fujairah 1 independent water and power plant, is considering issuing a project bond, its chairman told Reuters on Monday.</p>.... Read more »

Posted on : 10/5/2015