GCC UAE Edition

construction

Oman’s Sohar Aluminium to meet banks to discuss financing -sources

Sohar Aluminium was formed in 2004 to build an aluminium smelter in Oman

travel and tourism

Emaar Properties to sell some of its hotels, clinics and schools to raise funds - report

Emaar Properties sales dropped to $1.06 billion during the first quarter of this year

uae

Ajman Media City Free Zone announces strong portfolio of cost-effective business services

Customer friendly and cost effective package to set up a new business in the free zone

aviation

Qatar Airways finalizes order for 5 Boeing 777 freighters

The deal, announced at the Farnborough Airshow, is worth around $1.7 billion at list prices.

aviation

Golden Falcon confirms order for 25 A320neos for Kuwait's Wataniya Airways

Golden Falcon confirmed an order for 25 Airbus A320neo jets for Kuwait's Wataniya Airways worth around $2.8billion

media

CNBC, Nasdaq Dubai announce opening of new studio

The network will use the new base at MarketSite to further enhance its editorial presence across the region

sme

Interview: Meet the Emirati business leader helping entrepreneurs turn ideas into businesses

Najla Al-Midfa, CEO of Sharjah Entrepreneurship Center, says many Arab angel investors lack knowledge about the region's business potential

retail

LuLu to launch new hypermarket in Riyadh

It is located at Atyaf Mall in Yarmouk, and covers a total built-up area of over 220,000 square feet

uae

UAE authorities discuss helping businesses on govt fees

Earlier, UAE had announced not to increase federal fees for 3 years, which will maintain economic stability and support investment and trade

uae

Dubai issues 1,185 new business licences in June

The emirate continues to attract businesses and investors as a competitive hub for sustainable business development