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Business

IMF official urges caution amid resurgence in Dubai property

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Controls are required to help guard against the risk of a repeat of the boom and bust cycle in the Dubai property market, Masood Ahmed, the director of the IMF’s Middle East and Central Asia Department, said yesterday. Read Article IMF official urges caution amid resurgence in Dubai property

Ipic seeks $4bn return for building key oil pipeline

The Abu Dhabi Crude Oil Pipeline allows the transportation of onshore crude from Habshan in Abu Dhabi to a terminal and export facilities in Fujairah. Courtesy Ipic

The International Petroleum Investment Company is in talks with the Government to receive US$4 billion in cash for building a strategic oil pipeline bypassing the Strait of Hormuz. Read Article Ipic seeks $4bn return for building key oil pipeline

Early lift-off for Dubai Airshow site

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The new venue for the Dubai Airshow will be handed over to the show's organisers within the next three months. Read Article Early lift-off for Dubai Airshow site

Industry Insights  

property

Muscat the focus of Oman's aggressive plan for a tourism push

Oman has long been a resort of choice for the world's jet-set. And now, the country's aim to boost tourism that was hit hard by the global downturn is getting back on track.

Lucy Barnard

media

For update overlord, it all comes down to risk

As president of the division of Thomson Reuters that provides two million price updates per second, David Craig believes the deluge of information will help prevent future crises.

Frank Kane

Qatar banks size up UAE and global investments

Qatar National Bank and Commercial Bank International, its UAE affiliate, on Tuesday lent US$350 million to Air Arabia, the Sharjah low-cost carrier. Emre Rende for The National

Qatar's banks are making plans for significant capital investments in the UAE and around the globe, as its sovereign wealth fund takes two large stakes in major global banks. Read Article Qatar banks size up UAE and global investments

Givori's new smartphone sells for Dh45,000

The Life: Givori's new Dh45,000 Charlotte iPhone5 is customised with rose gold, alligator skin, diamonds, gemstones and hand crafted in Italy. Read Article Givori's new smartphone sells for Dh45,000

Index measures social effect of investment

The Life: Leanne Case of Coffey International talks about the index to measure the impact of social development projects of oil and gas companies in southern Iraq. Read Article Index measures social effect of investment

Crowdfunding's next level

The Life: It started with crowdfunding, a concept that last year saw masses of donors use online platforms to pledge US$2.7 billion. Now there is crowdinvesting - or equity crowdfunding - which allows supporters to invest in projects in exchange for equity. Read Article Crowdfunding's next level

Emirates NBD's set to price Tier 1 bond issue

Emirates NBD plans to price its first core capital-boosting bond on Wednesday, arranging banks said, amid strong demand for the imminent deal. Read Article Emirates NBD's set to price Tier 1 bond issue

NPCC lands $800m offshore oil contract

Oil 2014: The National Petroleum Construction Company has won a contract worth around $800m to develop an offshore oil field in Abu Dhabi. Read Article NPCC lands $800m offshore oil contract

BPG Cohn & Wolfe sets out regional expansion strategy

The newly created agency BPG Cohn & Wolfe is looking to expand its regional footprint with the backing of the US-based Cohn & Wolfe communications agency. Read Article BPG Cohn & Wolfe sets out regional expansion strategy

Dubai's Emirates NBD launches social network for entrepreneurs

Emirates NBD has launched a social network for entrepreneurs, as Dubai's biggest bank makes a Dh2 billion bet on the UAE's small businesses. Read Article Dubai's Emirates NBD launches social network for entrepreneurs

Aldar hands out contract for second Yas marina

Work is set to start on Yas Island's second marina after property developer Aldar awarded to J&P AVAX the €125 million contract to build it this month. Read Article Aldar hands out contract for second Yas marina

Visa costs slow tide of cruise visitors to the UAE

The cruise industry is no closer to winning a reprieve on entry visas in the Emirates despite a drive to boost tourism numbers. Read Article Visa costs slow tide of cruise visitors to the UAE

Industry Insights  

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telecoms

Etisalat shows corporate conscience with projects

The mobile operator Etisalat has highlighted corporate social responsibility as a key pillar in its operations.

Triska Hamid

the life

Bullying boss has to be put in his place

The Life: A new boss who intimidates his staff by shouting at them publicly needs to be told where the line is drawn.

Deb Nicol

the life

Canadian University of Dubai runs Apprentice-style course for entrepreneurs

The Life: You're hired: a course/contest at the Canadian University of Dubai nurtures the entrepreneurial know-how of its students with a paid internship awaiting the winner.

Andrew Scott

SOUND & VISION

(Video)

Video: Pope rails against 'dictatorship of the economy'

Pope Francis issues a call for world financial reform, condemning a heartless "dictatorship of the economy" and saying the economic crisis has made life worse for millions. Watch Video

economics

In some ways the benefits of living in the UAE are summed up in four words: 'valet parking, no tax'.

Frank Kane

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UAE companies law talks back on the agenda

The Minister of Economy Sultan Al Mansouri said the companies law was one of

Stalled discussions to push through the revised 'most critical' companies law will resume next week, Sultan Al Mansouri said. While foreign ownership will not form part of those talks, the issue is not dead.  UAE companies law talks back on the agenda

Dubai is top target market for new retailers

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Dubai is the world's second biggest retail destination - for the second year running, according to a report by the international property specialist CBRE.  Dubai is top target market for new retailers

LinkedIn works overtime to stay fresh

LinkedIn is based in Mountain View, California. David Paul Morris / Bloomberg

The Life: If a week is a long time in politics, 10 years, in social media terms, feels positively ancient.  LinkedIn works overtime to stay fresh

Obstacles to Emiratisation remain

Visitors check out job opportunities at Careers UAE 2012. Ninety per cent of the 225,000 Emiratis in the workforce are employed in the public sector. Jeff Topping / The National

Barriers are still holding back Emiratis from joining the private sector despite 2013 being designated the year of emiratisation.  Obstacles to Emiratisation remain

NY Times considers Arabic site

The New York Times Company building in New York. The newspaper is planning language websites that will feature local contributions and translated edition articles. Michael Nagle / Bloomberg News

The New York Times is considering launching an Arabic version of its website in line with its expansion efforts in the digital age.  NY Times considers Arabic site

Blogs

Eight years of YouTube

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Sound & Vision

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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Video: Facebook ventures into the travel sector

Video: Facebook ventures into the travel sector(Video)

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Video: A look inside the Kaloti gold refinery

Video: A look inside the Kaloti gold refinery(Video)

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