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Editor's Picks

 Marina Square apartments Reem Island: Q1 2% rise. Studio - Dh65-68,000. 1BR - Dh75-95,000. 2BR - Dh110-145,000. 3BR - Dh170-190,000. Q1 2013-Q1 2014 no change. Sammy Dallal / The National

In pictures: Where Abu Dhabi rents have risen and fallen, Q1 2014

Find out how rental prices in the prime locations in Abu Dhabi have altered during the first three months of the year and the current rates you will pay according to data provided by Asteco.

 A model of the plans for Saadiyat Island’s Cultural District, which was on display at the Global Cityscape exhibition at Dubai International Convention and Exhibition Centre last year. Ali Haider / EPA

Building the future on Abu Dhabi’s Saadiyat Island

Nick Leech meets Jassim Al Hammadi, the engineer charged with providing the services that will make the Saadiyat Cultural District tick.

 Business class seats inside the Emirates Airbus A380. Chip East / Reuters

In it for the long haul: flying 16 hours with Emirates to LA

Our executive travel reviewer tries out the business class offering on Emirates' longest A380 route - and finds time passing quickly.

 Ashish Nehra of Chennai Super Kings bowls to Kings XI Punjab at Zayed Cricket Stadium in Abu Dhabi. Ravindranath K / The National

Hard-hitting Chennai not deterred by opening loss in IPL

But some questions remain about the team's attack ahead of Monday's match against Delhi Daredevils in Abu Dhabi, writes Osman Samiuddin.

 From left: Alex Ritman, his favorite waiter and friend Andy Tillett at Baithal Ravi in 2009. Courtesy Alex Ritman

Lamenting Bur Dubai’s Baithal Ravi Restaurant

When I heard that a fire had ripped through the restaurant known as Ravis in the Bur Dubai district of Dubai, my outburst was met with echoed monosyllabic despair among numerous friends on social media.

 Screen shot from Vin Deisel's facebook page of he and Michelle Rodriguez in Abu Dhabi for the filming of Fast & Furious 7. April 2014

Fast & Furious in Abu Dhabi, a social media frenzy

Fast & Furious 7 wraps up an eventful and much-anticipated week of filming in the capital. Let's take a look at what went on via the key players' social media, while they were enjoying the delights of the desert.


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Get the most from The National

EFG-Hermes sells 19% Damas stake for $150 million

March 5, 2014

The deal, one of the few exits concluded in the Middle East in recent months, signalled a possible revival of the region’s private equity industry.

Royal jeweller Garrard looks to Middle East for expansion

January 28, 2014

The jeweller Garrard, whose pieces typically range from US$100,000 to $500,000 in price, is looking to double its sales in the Middle East this year.

First IPO planned on Nasdaq Dubai since 2008

June 7, 2012

The Nasdaq Dubai stock exchange is in line for its first public share sale since 2008, after the little-known RegisCard, based in London, yesterday announced its intention to list.


Damas delists from the Nasdaq Dubai

June 6, 2012

Investors on the Nasdaq Dubai will have the choice of just two local stocks to trade today following the delisting of Damas International.

Forced stock sale at Damas

May 25, 2012

Qatari conglomerate and an Egyptian investment bank plan to force remaining minority shareholders of Damas International to sell their stock as theentities buying the troubled UAE jeweller prepare to delist it.

Rush to buy gold helps Damas bury its problems

March 29, 2012

An increasingly lucrative gold market is putting the shine back on the prospects of Damas International with a proposed deal with Mannai Corporation and EFG-Hermes on the table.

$445m bid for Damas by Mannai and EFG-Hermes

March 29, 2012

Damas International yesterday received a US$455 million cash bid from a pair of investors, creating the prospect of ending the jeweller's turbulent listing on Nasdaq Dubai.

UAE markets seesaw towards end of first quarter

March 28, 2012

Markets Update: Optimism in Dubai ahead of first quarter earning results which has sent the bourse higher this morning is not being felt in neigbouring Abu Dhabi, which has opened lower.

Talk of takeover bid puts a shine on shares of Damas

January 12, 2012

Shares in Damas International rise 14 per cent as investors digest news of a potential bid for the Dubai jeweller by Qatar's Mannai Corporation.

Du tops list for transparency among Middle East companies

January 8, 2012

Du, the telecommunications firm, has topped a list of companies that boast the most robust and transparent corporate governance policies in the Middle East.

Abdullahs aiming for sale of share in Damas stake

January 5, 2012

The biggest shareholders and previous owners of Damas International have appointed a financial adviser to sell some of their US$134 million stake in the jeweller.

Damas in talks to repay Dh35m

November 3, 2011

Damas is set to pay back Dh35m it owes a creditor and hopes to reduce this amount with the sale of some assets.


Task force at Damas to recover lost millions

September 29, 2011

Damas, the regional jewellery giant, has formed a task force to recover more than Dh300 million as part of its financial restructuring.

Damas hires task force to find missing millions

September 28, 2011

Damas International, the Dubai-based jeweller, is to engage what it calls a cash-recovery 'task force' in a bid to recoup its missing millions.