Latest in Highlight
Foreign Ministry spokesman declines to comment on allegations regarding Emirati interference in Egypt’s domestic politics
Africa would be Aramex’s main focus for growth
Nakheel’s profit jumped in recent quarters on the back of the local real estate recovery – its nine-month net profit was 58% higher year-on-year
Several Egyptian actors were present for the opening of the 10th Dubai International Film Festival
Dubai slips from 5-yr high, other markets mixed
Expo 2020 in Dubai will possibly add a 0.5% to 1% growth to UAE’s real GDP in the next few years
New global issuance of sukuk has grown rapidly for most of the past several years and is projected to hit $237 billion in 2018, up from an estimated $100 billion this year
A deal was seen worth between $200 million and $300 million. MAF gave no reason for the breakdown in talks.
“The proceeds of the facility will be utilised by OSN to further grow and strengthen its core business,” the firm said.
Dubai hopes to attract some 25 million visitors and create nearly a quarter of a million jobs if it wins the bid.
Dubai’s market, rebounding from the bursting of a real estate bubble in 2008-2010, is up 80% so far this year, while Kuwait is up 33% and Saudi Arabia has gained 18%.
By Farah Halime, Rebel Economy We may not like it, but Egypt desperately needs Gulf money. So why not change the way the Gulf lends money to Egypt to make it count. It won’t be just about wasting away cash to address a symptom without resolving the underlying problem. Indeed, without Gulf aid, the government would have …
The Federal Supreme Court sentenced 56 of the 94 defendants to 10 years in prison each, the official WAM news agency said.
Egypt may be bumped from “emerging market” to “frontier market” on lack of liquid investments
Ashour first Egyptian to win Squash British Open since 1966
By: Rasheed Hammouda As the Gulf’s major players compete to be crowned the region’s finance king, Egypt may end up benefitting from being left out of the race entirely The race to be MENA’s top financial hub has been heating up over the past few years, a race that Cairo has been noticeably absent from. …
Expo held in Dubai next week
Egyptian funny man looks forward to compete and work on his material
Project will be located at the Port of Dubai and comprise of full service hotel and apartment complexes
Demand for real estate projects in the Emirate is set to increase at a faster rate than supply during the coming year, say experts
With a completely new platform, the firm is determined to regain its leading position in the smartphone market
Egypt’s economy relies heavily on its tourism sector that has been struggling to survive since the uprising of 25 January and subsequent events in the country. Once a month DNE rounds up the most significant news relating to tourism to give you an overview of the efforts that are being made to bring tourists back to the country.
“Quickie court cases” must stop, South Korea eyes Egypt, KSA jobless
Al-Assad now has only his brother Maher, who commands the notorious Fourth Brigade
The 48 Hour Film Festival is finally coming to Egypt
From the eyes of Muslims overseas, we explore personal experiences
Sword-wielding thugs are becoming more and more common in the UAE, as unemployment for nationals rises amid the rapid development of its cities.
Dispute continues between Dubai police chief and the Muslim Brotherhood
The senior Hamas member was the assistant to another Hamas official killed in an elaborate operation in Dubai two years ago that gained international notoriety
By Matt Smith / Reuters DUBAI: The second tranche of a sukuk from Dubai’s Nakheel will be 240 million dirhams ($65 million) in size, less than a quarter of the expected value, after the property developer persuaded trade creditors to accept a huge discount on their original claims. Nakheel will issue further tranches, a spokeswoman said, …