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Business

Central Bank launches blueprint with lenders, telcos to expand UAE mobile commerce

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The UAE Central Bank agrees a roadmap with banks plus Etisalat and du to make a wider range of financial transactions via mobile phone possible.  Read Article Central Bank launches blueprint with lenders, telcos to expand UAE mobile commerce

Emirates ranks 7th for foreign assignments

The Emirates was far ahead of other countries in the region in terms of overseas posting assignments. Jaime Puebla / The National

The UAE is the world's seventh most popular destination for international assignments, according to a study by Mercer. Read Article Emirates ranks 7th for foreign assignments

India holds the line on interest rates

bz18-india

India Dispatch: India's central bank left interest rates unchanged yesterday amid concerns about inflationary risks from a soft rupee and high food prices. Read Article India holds the line on interest rates

Industry Insights  

economics

UN's sustainable development blueprint on how to end poverty

This can be the generation that introduces prosperity to the lives of the desperately deprived across the world. But this goal can be achieved only with unified effort.

Jeffrey Sachs

the life

First female Emirati surgeon a specialist in women's health

The Life: Houriya Kazim, the first female Emirati surgeon, talks about how she has helped to reduce the number of advanced breast cancer cases in the UAE.

Lianne Gutcher

Abu Dhabi's TDIC sells Saadiyat flats to Mubadala venture

Mubadala Pramerica Real Estate Investors bought the entire first phase of Saadiyat Beach Residences, above. Delores Johnson / The National

The Tourism Development and Investment Company, the master developer of Saadiyat Island, has sold 285 apartments to a joint venture between Pramerica and Mubadala. Read Article Abu Dhabi's TDIC sells Saadiyat flats to Mubadala venture

Smart cars are getting smarter

The current relationship between the automotive and technology industries does not just materialise in vehicle operations, the car is becoming a fundamental element in the consumer's increasingly digital life.  Read Article Smart cars are getting smarter

Drake & Scull moving workers to Abu Dhabi as projects increase

The Dubai-listed Drake & Scull International is moving hundreds of jobs from Dubai to Abu Dhabi to cope with the increase in work the company has won in the UAE capital. Read Article Drake & Scull moving workers to Abu Dhabi as projects increase

Fewer UAE job vacancies posted online

Fewer jobs are being advertised in the Emirates than they were at the same time last year, with positions in customer service recording the steepest fall. Read Article Fewer UAE job vacancies posted online

Qatar sells back Porsche stake to founding families

Qatar Holding, the investment arm of the Gulf state's sovereign wealth fund, has sold its 10 per cent stake in Porsche to the luxury carmaker's family shareholders, four years after it first invested in the firm. Read Article Qatar sells back Porsche stake to founding families

Kingdom Tower: Four Seasons signs hotel deal with world's tallest

The Saudi prince funding what is expected to be the world's tallest tower said he had struck a final agreement with Four Seasons to operate the hotel element of the project in Jeddah. Read Article Kingdom Tower: Four Seasons signs hotel deal with world's tallest

Abu Dhabi faces Emiratisation challenge as nationals shy away from private-sector jobs

The number of Emiratis employed in government and semi-government positions in Abu Dhabi could swell four times by 2030 to 352,000, estimates an official from the emirate. Read Article Abu Dhabi faces Emiratisation challenge as nationals shy away from private-sector jobs

Waha Capital enters health sector

Waha Capital has taken control of Anglo Arabian Healthcare, a newly established company, the latest in a string of deals targeting the UAE's medical sector. Read Article Waha Capital enters health sector

'Yucky Yurko' offers expenses lesson

After Allen Yurko's mismanagement of the UK engineering company Invensys sent the share price plummeting from 400p to 70p, shareholders likely hoped they had seen the last of him in January 2002, when he disappeared into the rarefied world of private equity. Read Article 'Yucky Yurko' offers expenses lesson

Dubai Duty Free eyes $3bn sales

Dubai Duty Free tills have rung up Dh2.7bn in sales in the first five months of the year.  Read Article Dubai Duty Free eyes $3bn sales

Industry Insights  

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energy

Masdar inaugurates Seychelles windfarm

Masdar has inaugurated a 6 megawatts windfarm in the Seychelles, sufficient to power more than 2,000 homes.

Florian Neuhof

aviation

Etihad and Serbia sign initial deal on investment in airline

Etihad Airways said on Monday it had signed an initial agreement with the Serbian government over a possible equity investment in the country's loss-making Jat Airways.

Reuters

property

Arabtec to build Aldar's Abu Dhabi Plaza project in Kazakhstan

Aldar Properties has awarded a Dh4 billion contract to an Arabtec-led joint hotel, shopping and housing project in Kazakhstan.

Lucy Barnard

SOUND & VISION

(Video)

Video: UAE achieves MSCI Emerging Markets status

MSCI has upgraded the UAE to "emerging market" status which is expected to take effect around May 31, 2014. Business reporter Hadeel Al Sayegh speaks to Mohammed Ali Yasin, Managing Director of Abu Dhabi Financial Services, the brokerage arm of NBAD, about it's impact on the market and global investors. Watch Video

economics

The Japanese are not going to find it easy to catch up with the Chinese in Africa. They say there's no such thing as a free lunch, but there was in Swaziland in 1993 as our reporter found out as long as you liked Chinese food.

Sean Cronin

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Abu Dhabi faces Emiratisation challenge

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The number of Emiratis employed in government and semi-government positions in Abu Dhabi could swell four times by 2030 to 352,000, estimates an official from the emirate.  Abu Dhabi faces Emiratisation challenge

Bids in for Phase 2 of Etihad Rail

bz17-etihadrailNEW

Etihad Rail has turned its attention to the key 628 kilometres of rail lines that will connect Abu Dhabi, Dubai and Al Ain, and run to Ghweifat on the border.   Bids in for Phase 2 of Etihad Rail

Asean links with the Middle East

bz17-profile

Profile: SooHai Lim, a senior investment manager, Barings Asset Management, says what is happening in South East Asia is a strong domestic demand story which has gained a lot of momentum over the past few years.  Asean links with the Middle East

Leave a legacy, big or small, to make an enduring mark

bz17-manarNEW

Just take a look at Bill Gates. Though Microsoft made him one of the world's wealthiest men, what really drives him is using his money to make a difference ...  Leave a legacy, big or small, to make an enduring mark

The big squeeze: cost of an education in UAE

Illustration by Gary Clement for The National

On the money: The conversation doing the rounds among family and friends is the ever rising cost of already expensive education here in the UAE.  The big squeeze: cost of an education in UAE

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Video: UAE achieves MSCI Emerging Markets status

Video: UAE achieves MSCI Emerging Markets status(Video)

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Video: UAE's expanding tea trading industry

Video: UAE's expanding tea trading industry(Video)

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Video: TDIC on the Louvre and Saadiyat Beach Villa project

Video: TDIC on the Louvre and Saadiyat Beach Villa project(Video)

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Video: Aldar optimistic about key developments

Video: Aldar optimistic about key developments(Video)

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