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UAE News and Analysis

News

Offshore oil exploration

Profits fall at Abu Dhabi's IPIC Subscription Required

2 July 2015 | By Philippa Wilkinson

Lower oil prices cut into profits by 30 per cent

GCC construction

GCC economic activity drops by 30 per cent Subscription Required

2 July 2015 | By Colin Foreman

Three data points show that markets fell during first half of 2015

Dubai metro

Dubai to prequalify metro bidders in mid-July Subscription Required

2 July 2015 | By Colin Foreman

At least 10 groups submitted documents in June

Commercial bids submitted for Bab oil development

Commercial bids submitted for Bab oil development Subscription Required

1 July 2015 | By Mark Watts

Seven contractors vying for estimated $2bn Abu Dhabi oil field project

Emirates

Emirates turns the tables against the Big 3 Subscription Required

1 July 2015 | By Jennifer Aguinaldo

CEO of Dubai flag carrier says it is financially transparent and has nothing to hide

The closing date for the Palm Gateway contract is 11 January. The scope of work involves building three high-rise towers at the base of Palm Jumeirah

Nakheel receives bids for Gateway Towers Subscription Required

1 July 2015 | By Colin Foreman

Contract involves building three high-rise structures at base of Palm Jumeirah

Abu Dhabi

Adib approves sukuk and share issuance Subscription Required

30 June 2015 | By Philippa Wilkinson

Bank to improve capital ratios

Copper mine

Mubadala acquires stake in Spanish mining operation Subscription Required

30 June 2015 | By Mark Watts

Abu Dhabi wealth fund takes 50 per cent interest in Minas de Agues Tenidas

Telecoms company Etisalat of the UAE

Mobily troubles hit Etisalat profits Subscription Required

30 June 2015 | By Philippa Wilkinson

Saudi telecoms company restates 2014 results

Deira Islands, Dubai

Van Oord wins Dubai offshore work Subscription Required

30 June 2015 | By Colin Foreman

Dredger will complete marine work on Nakheel’s Deira Islands development

Halong Bay Vietnam

Limitless plans new overseas projects Subscription Required

30 June 2015 | By Colin Foreman

Dubai-based developer to announce new developments very soon

Shanghai in China

Middle East nations join Asian International Investment Bank Subscription Required

30 June 2015 | By Philippa Wilkinson

Fifty countries sign on with new China-led development bank

Al-Reem Island in Abu Dhabi_

Reem Island killer gets death penalty Subscription Required

30 June 2015 | By Philippa Wilkinson

Emirati woman sentenced under terrorism laws

Jebel Ali

Limitless to pay debts early as part of restructuring Subscription Required

29 June 2015 | By Colin Foreman

Developer says it will pay $563.6m to banks and trade creditors

Egypt construction

Egypt to get slum redevelopment grant Subscription Required

29 June 2015 | By Hossam Abougabal

UAE to provide grant to build housing units

Dubai's Enoc secures $1.5bn loan

Dubai's Enoc secures $1.5bn loan Subscription Required

28 June 2015 | By Philippa Wilkinson

Debt will support expansion plans

Abu Dhabi funds Maldives waste-to-energy plant

Abu Dhabi funds Maldives waste-to-energy plant Subscription Required

25 June 2015 | By Jennifer Aguinaldo

ADFD extends $6m loan for 4MW renewable energy plant in Maldives

A suicide bomber attacked a relief convoy carrying UAE officials on a military training mission in the Somali capital of Mogadishu on 24 June

UAE convoy bombed in Mogadishu Subscription Required

25 June 2015 | By Jennifer Aguinaldo

Explosion kills three and wounds several others

Dubai creek

Dubai plans creek cable car crossing Subscription Required

25 June 2015 | By Colin Foreman

Project will connect to Dubai metro network

UAE retenders Etihad Railway project management

UAE retenders Etihad Railway project management Subscription Required

24 June 2015 | By Colin Foreman

At least four US firms are competing for the role

Analysis

Education

Gender rights and education key to development Subscription Required

2 July 2015 | By Philippa Wilkinson

Swedish State Secretary for Enterprise and Innovation, Oscar Stenstrom, on the UAE’s development strategy

Corruptioin perception and press freedom in Mena

Tackling the problem of corruption Subscription Required

1 July 2015 | By Dominc Dudley

The region’s policies to weed out malpractice and fraud are rarely seen as effective

Paul Trowbridge, CEO of Sharjah-based United Arab Bank

Interview: No slowdown in UAE consumer loans Subscription Required

29 June 2015 | By Philippa Wilkinson

Paul Trowbridge, CEO of Sharjah’s United Arab Bank, is bullish on continued growth in the UAE

Bollywood Parks Entry

Managing the delivery of Dubai Parks & Resorts Subscription Required

22 June 2015 | By Colin Foreman

South Korea’s Samsung C&T is managing 27 contractors on the $2.9bn project

Dubai and Abu Dhabi power supply and demand

Abu Dhabi prepares energy overhaul Subscription Required

16 June 2015 | By Edmund O'Sullivan

The need to restructure the UAE’s energy sector has grown more urgent following the launch of the country’s nuclear power programme

Middle East steel usage

Imports depress GCC steel prices Subscription Required

16 June 2015 | By Mark Watts

Reduced demand in China has steered its cheaper steel exports into the Middle East

UAE oil and gas concessions

Abu Dhabi oil’s pivot to Asia Subscription Required

18 May 2015 | By Mark Watts

South Korea takes first stake in major oil concession as part of a growing interest of Asian companies in UAE production

Top 100 projects Q1 2015

Top 100 projects, Q1 2015 Subscription Required

14 May 2015 | By Robert Jones

The biggest contract awards in the Middle East

Top 100 projects by sector Q1 2015

Biggest projects by country, Q1 2015 Subscription Required

14 May 2015 | By Robert Jones

The biggest contract awards listed by value

Top 100 projects by sector Q1 2015

Biggest projects by sector, Q1 2015 Subscription Required

14 May 2015 | By Robert Jones

The biggest contract awards listed by value

Emirates airline

Emirates rises on falling oil Subscription Required

12 May 2015 | By Richard Thompson

Strong financial performance lifts carrier’s mood as it seeks to tackle head on the accusations of unfair government support by US rivals

Flanagan: I knew Emirates was going to grow

Obituary: Maurice Flanagan Subscription Required

12 May 2015 | By Austyn Allison

The former executive vice-chairman of Emirates airline talked to Austyn Allison in January about the carrier’s spectacular growth through the years. He passed away on 7 May

Forum: Buamim leads the delegation in Bratislava

Interview: Hamad Buamin, President and CEO, Dubai Chamber Subscription Required

5 May 2015 | By Colin Foreman

The Czech and Slovak republics have been identified as target markets for trade with Dubai. Colin Foreman reports from Prague and Bratislava

Sultan bin Saeed al-Mansouri, UAE Economy Minister

Interview: Sultan bin Saeed al-Mansouri, UAE Economy Minister Subscription Required

5 May 2015 | By Colin Foreman

The fall in oil prices has reinforced the UAE’s commitment to economic diversification

Abu Dhabi strengthens ties with Asian oil customers

Abu Dhabi strengthens ties with Asian oil customers Subscription Required

28 April 2015 | By Mark Watts

Onshore stake for Japan’s Inpex a sign of growing Asian influence in emirate’s upstream sector

US-based GE’s distributed power business finds promising markets in areas of volatility

GE sees opportunity in instability Subscription Required

27 April 2015 | By Philippa Wilkinson

Firm’s CEO of distributed power talks about supply and generation challenges in region

Dubai Water Canal

GCC builds on lessons learned Subscription Required

9 April 2015 | By Robert Jones

Yu Tao, president and CEO of China State Construction Engineering Corporation Middle East, says tighter regulation and a more mature market have made the GCC an attractive region in which to operate

David Clifton, Faithful + Gould

Saudi population growth stresses public infrastructure Subscription Required

7 April 2015 | By Robert Jones

The kingdom’s young population has expectations around housing and social infrastructure that will require major investment programmes

Fujairah oil storage capacity

Fujairah oil storage continues rapid expansion Subscription Required

30 March 2015 | By Mark Watts

Capacity demand rises as traders hold stocks while crude prices stay low

Comment

Jennifer Aguinaldo

Escalating open skies dispute begs resolution Subscription Required

30 June 2015 | By Jennifer Aguinaldo

Dispute distracts and divides aviation industry players

Colin Foreman

Mixed signals for Dubai construction Subscription Required

25 June 2015 | By Colin Foreman

High hopes for the second half of 2015

Colin Foreman

UAE construction nerves divide opinion Subscription Required

23 June 2015 | By Colin Foreman

Confidence has been knocked by falling oil prices and oversupplied real estate this year

Mark Watts

Steel sector hit by China slowdown Subscription Required

16 June 2015 | By Mark Watts

Middle East steel producers call for protection from dumping

Colin Foreman

Speculation rules as UAE drops Oman rail link Subscription Required

16 June 2015 | By Colin Foreman

The most popular explanations are political

Kevin Baxter

Where next for Opec? Subscription Required

9 June 2015 | By Kevin Baxter

A new era of diversity in supply is sending shockwaves through the organisation

Colin Foreman

Oil price drop stress tests GCC projects Subscription Required

26 May 2015 | By Colin Foreman

There are long term positives to the slowdown

Sheikh Mohammed bin Rashid al-Maktoum

Sheikh Mohammed's drive is felt in 2015 Subscription Required

5 May 2015 | By Colin Foreman

Dubai is moving foward with a raft of new projects inspite of lower oil prices

Coal-fired power plant

Acwa strengthens position in Dubai Subscription Required

5 May 2015 | By Andrew Roscoe

Saudi developer has submitted lowest tariff prices for two different fuel platforms

Abu Dhabi oil and gas projects moving ahead

Abu Dhabi oil and gas projects moving ahead Subscription Required

28 April 2015 | By Mark Watts

Positive signs for contractors as oil exporter plans further investment in energy sector

Renewable energy

Renewables market hotspots taking off Subscription Required

28 April 2015 | By Philippa Wilkinson

Excitement over Egypt, but Saudi Arabia’s plans remain unclear

Dubai in the UAE

Dubai is the market that delivers Subscription Required

21 April 2015 | By Austyn Allison

Emirate’s aggressive economic diversification efforts are paying off

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