The bank’s CEO said that the lender is targeting organic growth in the country and globally.
Following the deal, Eiffel Management will own 100 per cent of REIT manager’s total issued share capital.
Hilton Garden Inn Dubai Al Jadaf becomes the brand’s fourth Dubai project
A major challenge in the region is extreme climate and weather conditions, says Alawiye.
Over the counter medications are one of the biggest growth areas for medical marketing firms such as Lunatus, says Dr Koualty.
Saudi Arabia plans to open its stock market to direct investment by foreign institutions in the first half of 2015.
The airline has confirmed that the A380 flight made a safe landing at the Dubai Airport.
Flights will be subject to increased safety and security requirements, the regulator said.
Higher OSPs would come as a vote of confidence by the OPEC kingpin in oil demand recovery.
Abbas Yazdi, a businessman of Iranian descent who owns a general trading company in Dubai, disappeared in June 2013.
He was responding to allegations made by the three largest U.S. airlines, Delta Air Lines, American Airlines and United Airlines.
Hassad Food, wholly owned by the Qatar Investment Authority, was set up in 2008 to boost the Gulf country’s food security.
The bank is borrowing from financial markets again as it recovers from a debt restructuring.
Tuesday’s price of SAR35.30 per share means around $13 billion has been wiped off Mobily’s market value since May.
The brand launched in the UAE six months ago and its current portfolio includes eight smartphone models.
The development features 479 residences and is located within Dubai Hills Estate.
No purchase price or stake size was disclosed.
Dubai’s stock index fell 0.8 per cent as most stocks declined.
Regional governments should ditch existing, outdated roadmaps for installing solar, says expert.
Target markets include Ghana, Mozambique, Angola and Nigeria, as they are benefiting from blossoming oil and gas sectors.
Sources said the deal could close by the end of the first quarter.
An industry veteran gives his insights into the little discussed aviation leasing market.
Emirates’ Tim Clark, Qatar Airways Akbar Al Baker and US-UAE Business Council President Danny Sebright are among those who responded to the comments.
The company plans to offer up to 15.8 million new shares representing 15 per cent of its ordinary share capital.
Wearable technology is fast becoming one of the industry drivers, says Gousetis.
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Banks in the UAE are much stronger than they were during the financial crash of 2008, the chief executive of Dubai’s largest lender said.