Finance

Taqa eyes Turkey investments

Forms JV with Turk ministry to discuss investment opportunities in energy sector
Al Khayyat’s Client Concept opens service centre in Dubai

Client Concept, part of Al Khayyat Investments and the commercial representative for SEB Groupe, the France-based
Fitch downgrades Japan's rating for ballooning debt

Fitch has downgraded Japan's credit rating to A-plus with a negative outlook, reflecting risks from its ballooning
DIB launches 5-year $500m sukuk

Deutsche Bank, NBAD, HSBC and DIB itself are bookrunners
Fujairah port boosting oil storage capacity

Capacity will rise from 5.8m cubic metre to 7.8m by 2014
Adnec to host inaugural TEDxAbuDhabi event

Abu Dhabi National Exhibitions Company (Adnec) is preparing to welcome the first TEDxAbuDhabi event on May 26, 2012.
DIFCI close to refinancing loan

$1-billion loan will help refinance Islamic bond
Abu Dhabi picks banks for realty merger

Goldman and NBAD to advise on Aldar-Sorouh merger
CBI Q1 profit doubles to Dh66m

Net loans and advances help lift profit in first quarter
Giraffe to open stores in UAE

Giraffe Concepts are to open their first ever store outside of the UK, having signed a franchise agreement with
Emaar launches Panorama at The Views

sales of 1, 2 and 3 bedroom apartments will begin on May 26
Cravia, Rawabett to invest Dh29.3m in KSA

57 ZwZ restaurants are planned to open in the Kingdom over the next 10 years
UAE's non-oil trade reaches Dh927.7bn

Ten countries dominate around 61% of the total value of the imports of UAE
‘Impact on UAE trade of Iran sanctions moderate’

UAE GDP to contract only 0.3%, says IMF
Dubai Chamber to open rep office in Ethiopia

30-member Dubai delegates, 200 participants attend the UAE-Ethiopia Business Forum in Addis Ababa on the sidelines of the Dubai Chamber Trade Mission to Ethiopia
UAE GDP up $62bn in 2011: IMF

High oil prices and output boost country’s revenue to all time high
Exclusive Uefa Euro packages target UAE customers

Countdown heats up with UAE-focused hospitality options
Dubai Trade’s forum for freight forwarders

“Facilitating Trade through Dubai” initiative aimed at improving communication
RTA awards Dh38m contracts for Al Qusais, Al Quoz roads

Step is part of Phase I of the 5-year roads pllan
Fresh EU crisis could hit Mena projects

Crisis could also depress oil prices and hit tourism in Mena

Business

UAE consumer confidence high but waning: MasterCard survey

UAE consumers registered a score of 82.1 in H2 last year
Taqa eyes Turkey investments

Forms JV with Turk ministry to discuss investment opportunities in energy sector
DIB launches 5-year $500m sukuk

Deutsche Bank, NBAD, HSBC and DIB itself are bookrunners
Microsoft’s challenge to Facebook with So.cl

Brings together social networking, search and media to promote learning
Abu Dhabi picks banks for realty merger

Goldman and NBAD to advise on Aldar-Sorouh merger

Videos

Bond aka Daniel Craig is back with 'Skyfall'

Here’s the bare bones plot description to give you a better idea of some of the teaser above. Bond’s loyalty to 'M'
Eclipse 'ring of fire' wows sky-gazers

[video] Residents of Tokyo turn their eyes to the sky as a solar eclipse creates a "ring of fire" from Asia to the
Ferrari smash caught on camera in Singapore

The 599 GTO is one of the fastest cars ever built by Ferrari. But there is a time and a place to max it out. City
Parents put son in washing machine as a prank

A foolish couple decided it would be a good idea to scare their child by putting him in a washing machine. An auto-lock

Technology

Steve Jobs behind 'biggest' next iPhone

iPhone 5 to have bigger display screen
Amazon 10.1-inch fire to burn new iPad

A Facebook IPO that was lukewarm at best has been a dampening of what has otherwise been a hyperactive IT sector.

Property

Dh50m villa on sale at UAE’s Nurai island

Realty agents say ultra-luxurious project among costliest properties going
Dubai rent recovery: JLT getting costlier

Further rise likely as feeder bus service started