The Islamic State in Iraq and Syria’s (ISIS) advances to almost Baghdad is causing immense tension around the Gulf Littoral states. Iran is already placing IRGC forces for a fight that includes al-Quds forces that are active in the Shiite… Continue reading
Units of the Egyptian armed forces arrived in Abu Dhabi to take part in the joint Emirati-Egyptian military exercise as part of UAE’s plans to bolster joint cooperation and coordination with sisterly and friendly countries. The exercise aims at strengthening… Continue reading
A businessman and a public employee who were convicted of offering a bribe of Dhs900,000 to a government official so he could help them secure an investment contract have had their jail sentences reduced to eight months. Abu Dhabi Appeal… Continue reading
The UAE’s national carrier generated net profits of $62 million (Dhs223 million) in the last 12 months, a 48% increase of the $42 million (Dhs150 million) made in 2012. The profits were driven by a 27% surge in revenues for… Continue reading
Dubai is at such an interesting juncture that it lends itself to analyst opinions that are mutually challenging. There are enough silver lines on the horizon for those who tend to approach issues with a sense of optimism. But for… Continue reading
June 1, 2013 (Reuters) – Emirates National Oil Co (ENOC) has cut the retail price of diesel by 20 fils to 3.50 dirhams ($0.95) a litre, it said on Saturday. ENOC, owned by the government of Dubai, said its price… Continue reading
DUBAI could be the most visited city on the planet by 2020 – especially if the bid to bring the Expo to the emirate triumphs. Global economic expert Dr Yuwa Hedrick-Wong made the statement yesterday after he unveiled MasterCard’s annual… Continue reading
Dubai, UAE – Following the financial crisis, many experts believed Dubai – a city that rose from scorching desert sand to the heart of international property and financial markets – was little more than a mirage. The 2008-09 economic crash… Continue reading
