Nearly two-thirds of UAE employees are confident of a pay rise this year – despite nearly half of those questioned in a new poll admitting they didn’t see any kind of raise last year.
Got a beachfront UAE pad and can’t decide how to spend your next million? An Australian company visiting Dubai this week thinks it’s got the answer – a personalised coral reef, designed in the shape of your company logo or favourite celeb.
Steve Williams can make or break a business. As chief executive of Gulf Finance, he’s judged hundreds of applications for funding from firms across the region. He’s sent many a small business on the road to success, and politely had to turn down dozens of other hopefuls.
Etihad Airways says its sales have jumped 28 percent to $989 million so far this year as it pushed ahead with its rapid expansion.
Once bitten, twice shy. This maxim describes the attitude of many expats towards investing their money in the UAE, and Dubai in particular.
Dubai’s shipyard operator DryDocks World has filed a claim with a special tribunal in the city-state as part of an effort to push forward its $2.2 billion debt restructuring.
Fears are growing that the tough budget cuts needed to repair the crisis-hit economies of the eurozone could spark continent-wide unrest as citizens buckle under the strain of forced sacrifices.
The operator of Abu Dhabi’s huge new Khalifa Port has said the arrival of a final batch of large cargo cranes from China marks a major milestone for the project as it gears up to open before the end of this year.