Business Blog

China's exports and imports rebound

China's exports and imports rebound in April, helping allay some fears about a slowdown in its economy.

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Union Properties nets AED179.79m in first quarter

Union Properties’ first quarter net profits soared to AED 179.79 million from AED 21.91 million a year ago, helped by proceeds from the sale of non-strategic assets as well as the rollback of its liabilities.

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Kish Island to channel investment into Iran

The Iranian government will use Kish Island as a testing ground for foreign investment and tourism initiatives, according to a businessman from the free trade zone.

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Schengen visa-free travel for Emiratis from next year, officials

The EU-UAE visa waiver agreement may be ratified by the end of this year or the beginning of next year, whereby Emiratis would no longer require a visa for short stays (up to 90 days) in the Schengen countries, whether for business, tourist or family visit purposes, officials said.

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Ras Al Khaimah to see 50% growth in visitors in 2014

Ras Al Khaimah is expected to see visitor numbers go up 50% to around 1.9 million this year, from 1.24 million in 2013, according to Steven Rice, CEO of Ras Al Khaimah Tourism Development Authority.

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Can Cairo's nightlife turn it up?

It's the weekend in Cairo and the city's upper crust is letting loose at The Garden, one of the latest night-time spots to open in the Egyptian capital. But behind the whirls, twirls and clinking of glasses is some serious investment.{MBD} {IMAGE}

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