GCC
Saudi Telecom wants the banks to restructure a $1.2 billion loan taken for Axis Telekom.
Prime Minister Sheikh Khalifa bin Salman al-Khalifa has warned that those behind the planned demonstrations will be punished.
Emaar generated revenue of Dhs1.63 billion in the three months ending June 30 compared to Dhs815.6 million a year earlier.
Gourmet Gulf holds franchise rights for brands like California Pizza Kitchen, Morelli’s Gelato and YO! Sushi.
Du customers have now been given an option to unsubscribe from the automatically upgraded home service package within three months.
The Dubai-based bank also announced an increase in customer deposits of 22 per cent while its customer base rose by 14 per cent.
The Dubai-based private investment bank reported net profit for the first half of the year was up 28 per cent on 2012.
Peter England, previously a senior banker at Malaysia’s CIMB Group, will take up the role.
Dubai plans to construct 850kms of cycling tracks across Dubai in the next few years.
The woman was accused of violating the terms of her work permit and using Twitter to spread misinformation.
The 2022 FIFA World Cup is likely to be shifted to winter, says chairman of the Football Association, Greg Dyke.
Protesters inspired by the rebel protests in Egypt last month have called for rallies on Wednesday
The World Health Organisation says 46 people have died out of the Middle East Respiratory Syndrome Coronavirus.
Qatar Investment Authority can organise its estimated $100 billion of assets around two distinct investment approaches, suggests Reuters’ columnist Una Galani.
Dynamic Tower will be a rotating skyscraper measuring 80 stories high and rotating a full 360 degrees every 90 minutes.
Lisandro scored 11 goals in Ligue 1 last season for French side Olympique Lyon.
The Islamic lender’s rating was reduced from BBB- to BB+ with a negative outlook on the back of increased sovereign and economic risk in the regions where it operates.
The high-end car manufacturer named Abu Dhabi as its most successful market in the world last month and its biggest global market for its bespoke vehicles.
Net profit in the three months to June 30 was 9.5 million dinars compared with 8.6 million dinars in the same period last year.
Sources say Saudi Arabia wants Moscow to ease its strong support of Assad and agree not to block any future Security Council Resolution on Syria.
Private sector employees will be off on Thursday, August 8 and Friday, August 9.
The Eurofighter combat jet is made by BAE Systems and Italian weapons maker Finmeccanica and EADS
A recent study found 68 per cent of UAE residents spend at least Dhs10,000 every year on technology, with 71 per cent admitting they are addicted.
Sheikh Mohammed approved the scheme which will help 5,000 families before the end of the year.
The Abu Dhabi airline is also increasing flights to Australian destinations.
The global coffee chain has introduced camel milk as an option for customers, as well as a new camel milk iced drink.
More than half of the plots on Dilmunia Island were sold out on the day they were launched, says developer.
Mohammed al-Bajadi, a founding member of the banned Saudi Civil and Political Rights Association, was sentenced to four years in prison last year.
Etihad, whose annual net profit tripled in 2012, holds stakes in Virgin Australia, Air Berlin, Aer Lingus and Air Seychelles.
Aldar said quarterly earnings included a one-time gain of Dhs2.6 billion principally driven by the acquisition of Sorouh’s assets.