Publication: Arabian Business

First reported 8 hours ago - Updated 8 hours ago - 1 reports

Dubai's DIB to advise on restructuring of Pakistani airline

The Government of Pakistan has appointed a consortium headed by Dubai Islamic Bank (DIB) as the financial advisor on the restructuring of Pakistan International Airlines Corporation (PIAC).Five consortia were shortlisted for the deal by the country's ... [Published Arabian Business - 8 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

Dubai consumers remain upbeat over personal finances

Positive sentiment is running deeper among consumers in Dubai with personal finances improving and more people are willing to put their spare cash into savings and holidays, according to a quarterly survey conducted by the (DED). The Consumer Confidence ... [Published Arabian Business - 8 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

Green diesel arrival aims to ease UAE pollution levels

(ENOC) has announced that all service stations in its network are now providing the ultra-low sulphur Green Diesel as part of an initiative to limit pollution in the UAE.The move follows the UAE Federal Cabinet decree aimed at raising the UAE's standards ... [Published Arabian Business - 8 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

MidEast investors spend nearly $8bn in Europe in H1

Middle East investment in Europe rose by 25 percent year on year in the first half of 2014 to €5.9 billion ($7.9 billion), while the total cross border investment in Europe rose by nearly a third to top €44 billion, according to a new report.Middle East ... [Published Arabian Business - 8 hours ago]
First reported Jul 25 2014 - Updated 14 hours ago - 1 reports

Rising fuel costs, unrest hits Jazeera Group H1 profits

Rising fuels costs and forced rerouting of flights due to unrest in the Middle East dented the net profits of Kuwait's Jazeera Airways Group in the first half of 2014.Net profit fell to KD4.9 million ($17.3 million) for the first six months of the year, ... [Published Arabian Business - Jul 25 2014]
First reported 15 hours ago - Updated 15 hours ago - 1 reports

Behind the scenes at Rolls-Royce

It takes Mark Court about three painstaking hours to paint the ‘coachline’ on each Rolls-Royce that roars off the production line at the carmaker’s plant in the south of England. Court is currently the only person who is qualified to paint the line, a ... [Published Arabian Business - 15 hours ago]
First reported 15 hours ago - Updated 15 hours ago - 1 reports

How Dubai is helping Ireland's economic push

Nearly 30 years ago, the ruler of Dubai, HH Sheikh Mohammed Bin Rashid Al Maktoum toured a lush stretch of land outside Dublin and envisaged what soon became one of the most valuable thoroughbred stud farms in the world.“Sheikh Mohammed came to Ireland ... [Published Arabian Business - 15 hours ago]
First reported 15 hours ago - Updated 15 hours ago - 1 reports

Capital plans: how Qatar's banks are shaping up

Qatari banks and growth in profits go hand in hand these days. That’s hardly surprising, given the booming state of the economy, backed by a strong hydrocarbon sector.Multi-billion-dollar projects are currently transforming Doha into a modern city that ... [Published Arabian Business - 15 hours ago]
First reported Jul 25 2014 - Updated 19 hours ago - 1 reports

Indian IT major inks JV deal for Saudi Arabia

Indian IT giant Tech Mahindra Ltd has announced that it has signed a joint venture agreement with Midad Holding to develop its presence in Saudi Arabia.The JV will be called Tech Mahindra Arabia, with Tech Mahindra holding a 51 percent stake and Midad ... [Published Arabian Business - Jul 25 2014]
First reported 19 hours ago - Updated 19 hours ago - 1 reports

French car maker sees 33% rise in H1 Gulf sales

French car manufacturer Renault has announced that sales in the Gulf region rose by 33 percent in the first half of 2014 compared to the year-earlier period.Renault Middle East said in a statement that its sales outperformed the region market which rose ... [Published Arabian Business - 19 hours ago]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Pearl-Qatar developer posts 34% rise in Q2 net profit

The master developer of the Pearl-Qatar has announced that its net profit for the first half of 2014 rose by more than a third compared to the same period last year. (UDC) said in a statement that H1 net profit rose to QR521 million ($143 million), an ... [Published Arabian Business - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Emirates REIT sees huge profit rise after NASDAQ listing

Emirates REIT Limited, the Shari'a compliant regulated real estate investment trust, has announced a 194 percent rise in net profit during the first six months of 2014.The trust, incorporated in the Dubai International Financial Centre and listed on NASDAQ ... [Published Arabian Business - Jul 25 2014]

Quotes

Bruno Berretta, senior research analyst for EMEA at Colliers International, said: "Spain has also seen a pleasing revival in transactions as investors widen their focus to retail and development opportunities. Cross border investment in Spain reached €2.3 billion in H1 2014, up from €780 million a year ago."
"The Federal Government has made it mandatory that the environment-friendly Green Diesel is used by motorists, in turn contributing to a greener and cleaner environment. ENOC will continue to be at the forefront in promoting the use of Green Diesel as part of our corporate social responsibility."
"With Dubai now maintaining a steady economic momentum and focus on sustainable growth consumers and businesses will be able to plan in the longer term, without fear of volatility or instability."
"The award of this mandate to the bank demonstrates the Government of Pakistan’s confidence in our continued support and commitment to the country and its economy,” he added."

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MidEast investors spend nearly $8bn in Europe i... [Published Arabian Business - 8 hours ago]
Green diesel arrival aims to ease UAE pollution... [Published Arabian Business - 8 hours ago]
Dubai consumers remain upbeat over personal fin... [Published Arabian Business - 8 hours ago]
Dubai's DIB to advise on restructuring of Pakis... [Published Arabian Business - 8 hours ago]
Capital plans: how Qatar's banks are shaping up [Published Arabian Business - 15 hours ago]
How Dubai is helping Ireland's economic push [Published Arabian Business - 15 hours ago]
Behind the scenes at Rolls-Royce [Published Arabian Business - 15 hours ago]
French car maker sees 33% rise in H1 Gulf sales [Published Arabian Business - 19 hours ago]
Rising fuel costs, unrest hits Jazeera Group H1... [Published Arabian Business - Jul 25 2014]
Emirates REIT sees huge profit rise after NASDA... [Published Arabian Business - Jul 25 2014]
Indian IT major inks JV deal for Saudi Arabia [Published Arabian Business - Jul 25 2014]
Pearl-Qatar developer posts 34% rise in Q2 net ... [Published Arabian Business - Jul 25 2014]
How to manage time and energy: The 3 Ls [Published Arabian Business - Jul 25 2014]
Four Seasons Dubai says to open on November 1 [Published Arabian Business - Jul 25 2014]
CBRE urges caution over Dubai construction pipe... [Published Arabian Business - Jul 25 2014]
Saadiyat Beach Villas project set for June 2015... [Published Arabian Business - Jul 25 2014]
British visitor jailed in Dubai for drinking du... [Published Arabian Business - Jul 24 2014]
Ulrike asks: About Badr Jafar’s credentials [Published Arabian Business - Jul 24 2014]
E-visa errors stop some Emiratis from travellin... [Published Arabian Business - Jul 24 2014]
UAE's RAK Bank says in talks to acquire RAK Nat... [Published Arabian Business - Jul 24 2014]
Indian gov’t to probe claims MPs forced man to ... [Published Arabian Business - Jul 24 2014]
Preparations for Eid al Fitr [Published Arabian Business - Jul 24 2014]
Glasgow 2014 Commonwealth Games [Published Arabian Business - Jul 24 2014]
eBay Inc.'s StubHub hit by cyber fraud ring [Published Arabian Business - Jul 24 2014]
Qatar declares 11 days Eid holidays for gov’t w... [Published Arabian Business - Jul 24 2014]
Saudi crime rate surges 102% - report [Published Arabian Business - Jul 24 2014]
IMF cuts US growth forecast [Published Arabian Business - Jul 24 2014]
Doha: Hamas leader speaks to media [Published Arabian Business - Jul 24 2014]
Bahraini charged with smoking during Ramadan [Published Arabian Business - Jul 24 2014]
GM recalls 717,949 more vehicles [Published Arabian Business - Jul 24 2014]
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