Dubai World agrees restructuring with largest creditors

<p>Dubai: Dubai World’s biggest creditors have agreed a deal with the state-owned conglomerate to renegotiate its debt repayment schedule, one of Dubai’s top government officials said on Wednesday.</p>.... Read more »

Posted on : 10/1/2014

Dubai to tap into Africa growth via key investments

<p>Dubai: The Dubai government is turning its attention to Africa in a bid to cash in on the world’s second most populous continent through a series of key strategic investments. The message was clear at the Africa Global Business Forum in Dubai held on Wednesday. In what may have been a clear sign of Dubai’s intentions, Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, sat in on the forum during a panel discussion featuring the Presidents of Ghana, Ethiopia and Rwanda.</p>.... Read more »

Posted on : 10/1/2014

Alibaba shares surge 46 per cent in their debut

<p>New York: Alibaba Group Holding Ltd’s/sshares rose as much as 46 per cent in their first day of trading on Friday, lifting the Chinese online retailer’s value to $244 billion.</p>.... Read more »

Posted on : 9/19/2014

Germany's IT deficit needs serious attention

<p> The Hannover Messe, the world’s largest industrial fair, is normally an occasion for German industry to celebrate its world-beating engineering prowess.</p>.... Read more »

Posted on : 9/19/2014

Dubai-UAE looks to cement its super-hub status with $32b investment.

<p> Desert destination Al Maktoum International airport stands alone in the desert, on the fringes of Dubai.</p>.... Read more »

Posted on : 9/10/2014

Apple iPhone 6 and iPhone 6 Plus on order in UAE on September 27

<p>Dubai: Apple’s iPhone 6 and iPhone 6 Plus smartphones will be available to order in the UAE starting September 27, according to Apple’s online store in the country.</p>.... Read more »

Posted on : 9/10/2014

Instant messaging preferred form of communication: Study

<p>Users prefer WhatsApp and BBM to communicate in the UAE</p>.... Read more »

Posted on : 9/10/2014

China trade surplus hits record $49.8 billion

<p>China’s trade surplus surged to a record $49.8 billion in August, figures showed on Monday, as imports saw a surprising fall and export growth slowed in a further sign of softness in the world’s second-largest economy.</p>.... Read more »

Posted on : 9/9/2014

Expo 2020 to help boost region's economies

<p>Dubai: The economic impact of World Expo 2020 in the Middle East and North Africa (Mena) is valued at €17.7 billion (Dh89.89 billion), according to a statement by the Dubai World Trade Centre (DWTC) on Monday.</p>.... Read more »

Posted on : 8/28/2014

Indian government mulling strategy to boost performance of airlines: minister

<p>New Delhi: Concerned over “unsatisfactory performance” of Indian airlines in taking on foreign competition, the government is considering a new strategy to motivate them to perform and take away overseas flying rights of those who fail to do so.</p>.... Read more »

Posted on : 8/24/2014