CBQ Raises QR 2 Billion to Boost Capital


The Commercial Bank of Qatar has announced raising QR 2 Billion to boost its capital adequacy ratios. Qatar’s first private bank raised this amount by issuing Additional More...

Dubai Islamic Bank to distribute 45% cash dividend for 2015

Dubai Islamic Bank

Dubai Islamic Bank, DIB, has announced the distribution of a 45% cash dividend for 2015, a 12.5% increase from the previous year, following the conclusion of its Annual General More...

Sharjah Islamic Bank approves cash dividend of 10%


Sharjah Islamic Bank’s ordinary general assembly meeting has approved a cash dividend of 10 percent of the nominal value of the shares, following the bank’s announcement More...


QNB Group: China’s Stimulus Is Boosting Activity But Also Elevating Risks?

During the second half of 2015, the Chinese authorities responded to slowing growth and activity through a number of economic stimulus measures. Various indicators show that activity More...

Eurozone Unemployment at Lowest since August 2011

Eurozone unemployment fell to its lowest level in four-and-a-half years in January, official data showed. Joblessness in the Eurozone has gradually crept lower since the alarming More...

DAMAC releases first residential units in AYKON City


Luxury apartments in DAMAC Properties’ AYKON City project overlooking the new Dubai Canal have gone on sale for the first More...

Dubai’s The Tower to rise 100 metres taller than Burj Khalifa


The Tower at the heart of the Dubai Creek Harbour mega development will rise 100 metres above Burj Khalifa, the More...

intel Intel to Cut 12,000 Jobs from Global Operations

US tech giant, Intel, is shedding 12,000 jobs as it seeks to cut reliance on the...

GX85 Camera_Panasonic Panasonic launches LUMIX GX85 Camera

Panasonic has announced its new DSLM (Digital Single Lens Mirrorless) camera DMC-GX85, in the LUMIX G...

Pedro Bados, CEO & Co-Founder Nexthink Raises $40m in IPO preparation

End-user IT analytics supplier Nexthink, has raised $40m in new investment, led by Highland Europe, a...

Passenger Traffic At DXB Exceeds 6.9 Million In April

Dubai Airport

Dubai International (DXB) welcomed more than 6.9 million passengers in April 2016 according to the monthly traffic More...

Airbus 2015 Net Profits Soar to 2.7 Billion Euros

Airbus Group said on Wednesday its net profits climbed 15 percent last year and predicted deliveries of more than 650 aircraft..

Foton and KBN unveil new truck for GCC markets

China’s front runner in commercial vehicles, Foton International along with exclusive Qatari distributor, Khalid Bin Nasser (KBN) for Trucks and Buses,..

Mohamed Hamaki named HTC Social Media Ambassador

Mohamed Hamaki

HTC, has named Egyptian singer Mohamed Hamaki, as its social media brand ambassador, working with the consumer More...

Ooredoo Myanmar in $300 Million Funding Deal with Asian Bank and IFC

Qatar-based Ooredoo Group’s fully owned subsidiary Ooredoo Myanmar has announced a US $300 Million funding deal with the Asian Development Bank..

Vodafone Qatar reports a net loss of QR 285.7 Million

for the nine-month financial period ended December 31, 2015 compared to net loss of QR 149.8m for the same period in..

UAE raises its sports profile

A UAE newspaper has said that Abu Dhabi has shown the way with its share of world class events like the..
Warner Bros World Abu Dhabi

Yas Island to open Warner Bros. destination in Abu Dhabi

Miral and Warner Bros. officially announced that a Warner Bros. themed destination is set to open in Abu Dhabi. Situated on..
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In Pictures: Lamborghini Club UAE launches

The streets of Dubai and Abu Dhabi just got a lot louder as Al Jaziri Motors, the official dealer of Lamborghini in..