DUBAI / WAM The role of commercial arbitration in settlement of disputes and in ensuring an investment-friendly environment was the main topic of discussion at a meeting held by the Dubai International Arbitration Centre (DIAC), with a high-ranking Chinese delegation. The meeting touched on ways of exchanging expertise in areas of arbitration, being an ideal alternative to litigation in resolving …

  ABU DHABI / WAM Abu Dhabi University, ADU, announced on Thursday its plans to open a new campus in Dubai offering master’s degree programmes in law, business and engineering. The announcement was made during ADU’s participation at Gulf Education & Training Exhibition, GETEX, the leading student recruitment event that’s currently underway in Dubai. The university’s expansion drive is aligned with …

  DUBAI / Reuters Profit taking dragged most stock markets in the Middle East lower on Thursday, erasing most of the previous session’s gains as some of the optimism generated by generally positive first quarter results faded. Saudi Arabia’s index retreated 0.3 percent, after rising 0.9 percent on Wednesday when Saudi British Bank reported an earnings beat and banking shares …