http://www.zawya.com/middle-east/countries/uaeen-usCopyright 2012 Zawya Ltd. All rights reserved.Thu, 09 Feb 2012 12:37:56 GMT5014476http://www.zawya.com/middle-east/countries/uaehttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story.cfm/sidWAM20120209123923312/President_issues_law_setting_up_the_Abu_Dhabi_Authority_for_Tourism_and_CulturePresident His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as the Ruler of Abu Dhabi, has issued a law establishing the Abu Dhabi Authority for Tourism and Culture.Thu, 09 Feb 2012 12:47:50 GMTWAM (Emirates News Agency) WAM20120209123923312Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209120040/Khalaf_Al_Habtoor_meets_with_Serge_Dassault_in_ParisOn a recent trip to Paris, Khalaf Al Habtoor, the Chairman of the Al Habtoor Group, met with Serge Dassault, the Chairman and Chief Executive Officer of the Dassault Group.Thu, 09 Feb 2012 12:44:14 GMTPress Release ZAWYA20120209120040Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209115610/UAE_hosts_G8_and_Deauville_partners_meeting_in_Abu_DhabiThe UAE held a meeting for G8 financial undersecretaries and Deauville partners in Abu Dhabi today, as per the directives of HH Sheikh Abdullah bin Zayed, Foreign Minister of the UAE.Thu, 09 Feb 2012 12:43:21 GMTPress Release ZAWYA20120209115610Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209103720/UAE_expenditure_on_outbound_travel_reaches_66_billion_annuallyThe second edition of World Discovery Fest, the Middle East's only event offering multiple travel, holiday and lifestyle options for diverse audiences from around the region, has been scheduled for May 31 to June 2, 2012. Thu, 09 Feb 2012 12:22:33 GMTPress Release ZAWYA20120209103720Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209112017/Medcare_expands_its_facilities_and_servicesMedcare, the UAE-based private healthcare organisation, has extended its services with the establishment of a major multi-speciality clinic located on The Walk, Jumeirah Beach Residence (JBR), Dubai. Thu, 09 Feb 2012 12:20:09 GMTPress Release ZAWYA20120209112017Openhttp://www.zawya.com/story.cfm/sidZW20120209000094/Former_Nakheel_CEO_Chris_ODonnell_wins_3_mn_claim_against_companyFormer Nakheel Chief Executive Chris O'Donnell has won a $3 million claim against the Dubai real-estate developer for breach of contract, the Dubai World Tribunal ruled Thursday.Thu, 09 Feb 2012 12:14:12 GMTZawya Dow Jones News ZW20120209000094Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209081054/Dubai_Health_Authority_to_open_two_new_medical_fitness_centres_in_2012The Dubai Health Authority will open two medical fitness centres in 2012, said a top official.Thu, 09 Feb 2012 09:05:31 GMTPress Release ZAWYA20120209081054Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209081711/AUS_and_Al_Maarifa_School_sign_Sharakah_MoUAmerican University of Sharjah (AUS) signed this week a Memorandum of Understanding (MoU) with Al Ma'arifa International Private School, to provide a framework of cooperation and facilitate collaboration between the two educational institutions on a non-exclusive basis in areas of mutual interest in the United Arab Emirates.Thu, 09 Feb 2012 09:04:23 GMTPress Release ZAWYA20120209081711Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209082132/DFSA_announces_its_Chief_Executive_to_step_down_later_this_yearThe Dubai Financial Services Authority (DFSA) announces, today, that after nearly four years in the Chief Executive's role, Mr Paul M Koster has decided to step down in September 2012. Thu, 09 Feb 2012 09:03:32 GMTPress Release ZAWYA20120209082132Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209082416/Over_a_quarter_million_viewers_interact_with_RTA_on_YouTubeThe 'e 4 all' magazine issued by the Dubai e-Government described the media interaction of the Roads & Transport Authority (RTA) on social networking pages as both progressive and wonderful. Thu, 09 Feb 2012 08:59:21 GMTPress Release ZAWYA20120209082416Openhttp://www.zawya.com/story.cfm/sidANA20120209T072754ZHRT44/Etihad_Airways_in_black_in_2011_firstever_net_profit Abu Dhabi-based Etihad Airways on Thursday posted a net profit of $14 million for 2011, exceeding its goal of breaking even for the first time ever, a statement said.Thu, 09 Feb 2012 08:54:03 GMTAFP ANA20120209T072754ZHRT44Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209040958/Dubais_key_sectors_show_strong_growth_in_2011Key economic sectors and economic activity in Dubai remained stable and growing in 2011, with the Department of Economic Development, or DED, issuing 14,360 business licences during the year. Thu, 09 Feb 2012 08:20:01 GMTKhaleej Times ZAWYA20120209040958Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209030503/Which_nationality_CEOs_are_the_most_sought_after_in_UAEDo companies in the UAE truly reflect its multicultural set up? Are there some nationals who are more preferred and move up the ranks quicker than others to become CEOs?Thu, 09 Feb 2012 08:19:14 GMTEmirates 24|7 ZAWYA20120209030503Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209041130/Dubai_Municipality_attains_Dh21b_budget_surplusDubai Municipality ?on Wednesday said it has achieved a Dh2.1 billion surplus in 2011 budget, mainly on rationalisation of expenses in operational activities. Thu, 09 Feb 2012 08:16:55 GMTKhaleej Times ZAWYA20120209041130Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209041300/EIB_further_expands_its_networkEmirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region, has always laid a special emphasis on ensuring that it is always accessible to its customers. Thu, 09 Feb 2012 08:15:47 GMTKhaleej Times ZAWYA20120209041300Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209041338/CII_and_Al_Fajer_to_launch_IndiaPlast_2014The Arab plastics and petrochemical sector is to get a fillip in India with the launch of IndiaPlast exhibition which will be organised from March 6 to 8, 2014, at Chennai Trade Centre by Al Fajer Information and Services in collaboration with the Confederation of Indian Industry (CII), India's biggest industry association. Thu, 09 Feb 2012 08:15:12 GMTKhaleej Times ZAWYA20120209041338Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209041525/DM_Healthcare_set_for_Dh2b_expansion_mulls_IPODM Healthcare, the largest private healthcare provider in the GCC, on Wednesday unveiled a Dh2 billion expansion plan aimed at more than doubling the number of units in its network by 2015. Thu, 09 Feb 2012 08:07:23 GMTKhaleej Times ZAWYA20120209041525Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209043027/UAE_needs_efficient_energy_mix_to_meet_gas_shortfallsThe way UAE's non-oil economy is currently growing, there is the constantly increasing demand for air-conditioning from an increasing population, residences, offices, shopping malls and so on. Thu, 09 Feb 2012 07:44:02 GMTThe Saudi Gazette ZAWYA20120209043027Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209060716/FCC_wins_water_management_contract_in_Abu_Dhabi A consortium led by aqualia (FCC's water management subsidiary) and local company Mace has been awarded a contract to manage the sewage and water treatment system in Abu Dhabi.Thu, 09 Feb 2012 07:35:43 GMTPress Release ZAWYA20120209060716Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209040830/Emirates_NBD_funds_retain_SP_A_ratingsEmirates NBD Asset Management, the asset management arm of Emirates NBD, announced on Wednesday that Standard & Poor's (S&P), had reaffirmed the 'A' rating for 2012 on five of its managed funds. Thu, 09 Feb 2012 07:24:56 GMTKhaleej Times ZAWYA20120209040830Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209040716/Emirates_allays_A380_safety_fearsEmirates airline, the world's fastest growing carrier and the biggest customer for Airbus A380, said on Wednesday that the aircraft remain fully airworthy and pose no risk to flight safety as European air safety regulators ordered inspections of the entire fleet of the superjumbo jets for tiny cracks in a wing component. Thu, 09 Feb 2012 07:24:26 GMTKhaleej Times ZAWYA20120209040716Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090257/Abu_Dhabi_government_fund_to_settle_unpaid_loans_of_citizensLoans of citizens who have defaulted on payments will be settled as per the initiative of His Highness Shaikh Khalifa Bin Zayed Al Nahyan, through the Debts Settlement Fund, according to an agreement signed with eight banks yesterday.Thu, 09 Feb 2012 07:21:00 GMTGulf News GN_08022012_090257Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090218/Dubai_SMEs_will_receive_funds_from_Abu_Dhabi_bankAbu Dhabi?s biggest bank will offer financial facilities of up to $100 million (Dh367.3 million) to Dubai small and medium enterprises (SMEs), a move that is expected to benefit 1,000 companies in the emirate, the Dubai Chamber of Commerce and Industry announced. Thu, 09 Feb 2012 07:20:22 GMTGulf News GN_08022012_090218Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209035217/Global_mutual_fund_assets_put_at_259_trillionShashank Srivastava, acting CEO of the Qatar Financial Centre Authority, said, "The QFCA is delighted to be a sponsor once again of this latest GCC Mutual Fund Industry Survey.Thu, 09 Feb 2012 07:03:08 GMTArab News ZAWYA20120209035217Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209030500/Dubai_IOAs_just_months_away_from_opening_bank_accountsInterim owners associations in Dubai will be able to open and operate bank accounts in the next few months with the Real Estate Regulatory Agency (Rera) set to ink memorandum of understandings (MoUs) with three local banks, 'Emirates24|7' can reveal.Thu, 09 Feb 2012 06:44:16 GMTEmirates 24|7 ZAWYA20120209030500Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209030649/Dubai_101_Why_the_emirates_risk_of_debt_default_is_below_IndiasThe cost of insuring five-year Dubai debt against default plunged to under-400 basis points on Wednesday, below not only certain unstable European and regional economies, but also below that of some economies perceived to be more stable, such as India's.Thu, 09 Feb 2012 06:42:13 GMTEmirates 24|7 ZAWYA20120209030649Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032305/A_crisis_in_the_making_UAE_expats_not_ready_for_retirementEven though UAE's per capita income at Dh178,351, or $48,597 (2011 estimates by International Monetary Fund) makes its residents the sixth-richest in the world, a majority of the country's residents plan to work even in their golden years as most believe they cannot count on a comfortable retirement after a lifetime of hard work.Thu, 09 Feb 2012 06:36:32 GMTEmirates 24|7 ZAWYA20120209032305Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032344/The_UAEs_Top10_firms_to_work_for_Is_yours_on_the_listThe Great Place to Work Institute has revealed its second annual list of 'Top Companies to Work For in the UAE'.Thu, 09 Feb 2012 06:35:54 GMTEmirates 24|7 ZAWYA20120209032344Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032527/Adac_Etihad_suspend_ticket_auctionAbu Dhabi airport authorities suspended a novel online ticket auction just a few days after it was introduced because of bidders' malpractices that pushed up the price of one ticket by more than 11 times.Thu, 09 Feb 2012 06:34:57 GMTEmirates 24|7 ZAWYA20120209032527Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032743/Quality_top_agenda_for_1tn_GCC_projects_industryWith more than $1 trillion worth of major new projects expected to be completed in the GCC between now and 2020, the largest construction work per capita in the world, industry stakeholders are setting up initiatives to ensure these new projects are completed to the highest standards of quality.Thu, 09 Feb 2012 06:34:04 GMTOman Daily Observer ZAWYA20120209032743Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090250/Higher_fees_do_not_ensure_better_education_in_DubaiSchools charging higher fees don?t necessarily offer higher quality of education, contrary to popular belief, according to a new study by Knowledge and Human Development Authority (KHDA).Thu, 09 Feb 2012 06:24:37 GMTGulf News GN_08022012_090250Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090254/New_utility_bills_in_Abu_Dhabi_next_monthA new utility bill for water and electricity is to be rolled out across the emirate of Abu Dhabi next month.Thu, 09 Feb 2012 06:24:11 GMTGulf News GN_08022012_090254Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090244/Abu_Dhabi_airport_launches_website_for_mobile_devicesPassengers using Abu Dhabi International Airport can now access flight and airport information through a new website for mobile phones and tablets, whose launch was announced by the Abu Dhabi Airports Company (Adac) yesterday. Thu, 09 Feb 2012 06:23:20 GMTGulf News GN_08022012_090244Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090240/Dubais_debt_decision_a_credit_positive_stepThe absence of Dubai government guarantees in support of the Dubai Group restructuring is credit positive for Dubai?s sovereign credit worthiness, Bank of America Merrill Lynch (BofA) said in a report.Thu, 09 Feb 2012 06:21:58 GMTGulf News GN_08022012_090240Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090237/Alquity_offers_Africa_fundA growing number of UAE-based investors are seeking equity investment opportunities in Africa, said Paul Robinson, CEO of Alquity Investment Management (AIM), here yesterday.Thu, 09 Feb 2012 06:21:29 GMTGulf News GN_08022012_090237Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090239/Tallest_hotel_to_open_this_year_in_DubaiTwin towers currently under construction are set to break the record as the world?s tallest hotel, currently held by the Rose Reyhaan Rotana on Shaikh Zayed Road.Thu, 09 Feb 2012 06:21:01 GMTGulf News GN_08022012_090239Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090223/Reimbursement_of_Emirates_ID_card_fines_expected_to_take_timeAlthough the Emirates Identity Authority (Emirates ID) exempted expatriates working for private companies in Abu Dhabi and Dubai free zones from paying fines, those who had already done so may have to wait a while for any possible reimbursements. Thu, 09 Feb 2012 06:19:25 GMTGulf News GN_08022012_090223Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090224/Dubai_companies_upset_over_scrapping_of_online_labour_transactionsThe Ministry of Labour has stopped the online transaction system, GIT (General Information Technology), which allows companies to do all their transactions online. Thu, 09 Feb 2012 06:18:52 GMTGulf News GN_08022012_090224Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090207/Emirates_websites_now_enable_alterations_of_bookings_onlineEmirates yesterday said it now offers passengers the option to change their bookings online. Until now Emirates? customers could only make changes to their bookings through an Emirates agent or a travel agent.Thu, 09 Feb 2012 06:15:59 GMTGulf News GN_08022012_090207Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090205/DSF_banners_caught_eyes_and_walletsThey are less expensive to put up and have a surefire chance of immediately catching the eyes ? and wallets ? of their intended audience. And at this year?s DSF they seemed to be around more than ever before. Thu, 09 Feb 2012 06:15:31 GMTGulf News GN_08022012_090205Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090208/MENA_advertising_to_grow_34_on_social_networks_in_five_years Advertising is expected to grow 34 per cent on social networks in the Middle East and North Africa (Mena) region in the coming years, experts at the Digital Media Forum have said.Thu, 09 Feb 2012 06:14:30 GMTGulf News GN_08022012_090208Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090219/Dubai_issued_14360_new_business_licences_last_yearThe Department of Economic Development (DED) issued 14,360 business licences during 2011, DED announced yesterday, arguing that the result reflects stability and growth across key economic sectors and business activities in Dubai.Thu, 09 Feb 2012 04:32:57 GMTGulf News GN_08022012_090219Openhttp://www.zawya.com/story.cfm/sidGN_08022012_090220/Nakheel_told_to_pay_contractor_Dh58mA contractor has won almost Dh60 million from developer Nakheel for work completed in an unfinished contract to construct 31 residential buildings in Discovery Gardens.Thu, 09 Feb 2012 04:31:55 GMTGulf News GN_08022012_090220Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208131910/Contractor_successful_in_retaining_a_judgment_against_Nakheel_for_over_AED58mA contractor has been successful in a judgment against Nakheel PJSC. Technical Architects General Contracting Company LLC (TAGC) held onto a judgment against Nakheel for over AED58 million in the Dubai World Tribunal (DWT).Wed, 08 Feb 2012 13:44:34 GMTPress Release ZAWYA20120208131910Openhttp://www.zawya.com/story.cfm/sidANA20120208T132437ZHOZ99/Gulf_ministers_delay_Syria_meeting_to_SundayGulf foreign ministers have rescheduled their meeting on Syria to Sunday in Cairo, a Gulf Cooperation Council official said on Wednesday.Wed, 08 Feb 2012 13:43:46 GMTAFP ANA20120208T132437ZHOZ99Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208120344/UAE_tourist_arrivals_forecast_to_hit_9_million_in_2012The number of foreign tourists heading to the UAE this year is expected to reach almost 9 million, according to the latest industry forecast issued by international industry consultant Business Monitor International (BMI).Wed, 08 Feb 2012 13:40:08 GMTPress Release ZAWYA20120208120344Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208115355/JW_Marriott_Marquis_Dubai_set_to_be_worlds_tallest_hotel_and_landmark_of_global_business_hubA symbol of Dubai's resurgence and its growing importance at the centre of the global business crossroads will emerge later this year when the 1,608-room JW Marriott Marquis Dubai opens its doors to guests in Q4 this year. Wed, 08 Feb 2012 13:39:08 GMTPress Release ZAWYA20120208115355Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208113646/flydubai_touches_down_in_50th_destination_in_less_than_three_yearsflydubai, Dubai's pioneering low-cost airline, has cemented its position as the world's fastest growing start-up airline ever with the start of flights to its 50th destination in less than three years.Wed, 08 Feb 2012 13:38:10 GMTPress Release ZAWYA20120208113646Open