On-site tenants will be offered basic memberships and premium tiers for a monthly or yearly fee
KOC plans to develop the Raqta project on Kuwait’s northern border with Iraq have faced several setbacks.
Foreign investors currently own only 1.9 per cent of the bank’s shares, as per DFM data.
The project will be built in phases and can house up to 150,000 people.
The 555-room hotel, located opposite The Dubai Convention & Exhibition Centre, will primarily target business guests
NBF’s new entity will help facilitate expanding cross border flows between the UAE and China.
Arcapita’s plan will see it transfer its assets into a new holding company which will dispose of them over time to pay off creditors.
The Dubai-based bank is launching co-branded credit, debit and prepaid cards targeting the football club’s fans in the UAE.
Most UAE investors do not seek professional financial advice, finds new study.
Deutsche Bank and Citigroup Inc will advise on the planned flotation, two banking sources said.
The head of Australia’s football federation had earlier demanded that Fifa compensate the World Cup 2022 losing bidders.
The fast food chain is reportedly looking to offload around 25 per cent of its shares.
Khalil al-Marzouq, of the opposition Al Wefaq party was summoned by the police and is expected to face legal charges.
The agreement will provide Oreedoo’s customers access to Disney movies and channels via video-on-demand services.
Family-owned Italian fashion house Versace is looking to sell between 15 to 20 per cent to investors.
Report claims businessman was assaulted and forced to hand over high-value items
UAE aviation regulator GCAA gives the green light for passenger flights from late October
The company will supply four 720MW steam turbine generator sets for the Shuqaiq power plant.
The government plans to offload a 19 per cent stake in the operator via a public subscription.
Limits on banks’ lending for residential mortgages are expected to be announced by the end of this year.
The payments were made under “advisory service agreements” linked to Barclays’ emergency fundraising with Qatari investors.
Airline identifies demand for premium services between Dubai and Kabul
Investors bought over half of the 140 apartments in the Burj Pacific development during a two-day sales showcase.
Qatar agreed in May to donate five cargoes of liquefied natural gas (LNG) to Egypt.
The education firm has admitted it is seeking to sell a 20 per cent stake to investors.
Total premiums underwritten in 2012 were Dhs26.8 billion, up 9.5 per cent over the previous year.
British lender Barclays decided to sell its retail banking business following a strategic review of UAE operations.
The contract has been awarded for the Damac Esclusiva Luxury Serviced Apartments tower in Riyadh.
Many residents also expect their personal finances to reduce or remain unchanged in the next six months, finds survey.
The counter claim by airport interior contractor LDI accuses the New Doha International Airport of wrongfully terminating its contract.