NBAD has won a second "Deal of the Year" award by The Banker magazine. It comes for the AED 3.12 billion fixed-rate notes launched in September 2009; the transaction has already been voted a Deal of...
Business
Abu Dhabi Invest AD and UBS Global Asset Management have liquidated their joint venture infrastructure fund, citing weak market conditions. The ADIC-UBS Infrastructure Fund had raised commitments...
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The UAE's construction industry is predicted to grow by 3.3 percent in 2010, fuelled primarily by a $15 billion spend by Abu Dhabi over the next three years. But Business Monitor International’s...
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The UAE has a higher proportion of women in the workforce than any other GCC. According to a Booz & Company report, 59 percent of Emirati woman are employed; the next highest is Kuwait with 42...
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According to a report released by the World Economic Forum (WEF), highly skilled immigrants in the UAE contribute $128 billion (AED 470bn) to the nation’s economy every year. The report, entitled...
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The National Bank of Abu Dhabi (NBAD), the largest bank in the country, will recruit 300 new UAE nationals this year. That will increase its quota of Emiratis to 38 percent of the total workforce....
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The UAE’s strategy to create a culture of innovation and initiative among UAE nationals who are motivated to be entrepreneurs means that the country is leading the way in entrepreneurship...
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Deutsche Bahn wins UAE rail contract Germany's state-owned railway company Deutsche Bahn (DB) announced plans this week to design, build and operate "ultra-modern" rail systems in the UAE. German...
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The World Economic Forum has found Abu Dhabi outranks many of its regional neighbours in the annually published Networked Readiness Index (NRI), which measures how well countries take advantage of...
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The fourth GIBTM (Gulf Incentive Business Travel and Meetings) exhibition returns to the Abu Dhabi National Exhibition Centre (ADNEC) from March 29th-31st, providing the Middle East’s largest...
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