The Dubai company reported a net profit of Dhs23.8 million for Q3, compared with a profit of Dhs3.9 million in the corresponding quarter in 2012.
Twenty Egyptians and 10 Emiratis are charged with setting up an illegal branch of the Muslim Brotherhood in the UAE.
Victor Dahdaleh is accused of making corrupt payments of over $63 million to the former chairman of Alba.
Qatar’s planned spending over the next decade could destabilise the economy by inflating real estate prices and saddling companies with excessive debt.
The biggest businesses in the Kingdom, valued by market capital.
Canada is the latest addition to Dubai’s growing list of supporters for its Expo bid.
Airline prepares to launch its seventh Chinese destination in 10 years.
Dubai carrier is eyeing a wide range of export opportunities.
Oman began to introduce Islamic finance last year, becoming the last of the six Gulf Cooperation Council states to do so.
Etisalat will pay Vivendi 3.9 billion euros for the stake, plus a further 300 million euros in 2012 dividends from Maroc Telecom
The rate of output growth for non-oil producing private sector companies, at 58.2, was the second-slowest in the survey’s 51-month history.
Swiss operator’s sixth Dubai property is an “unpretentious” addition to the New Dubai scene.
Abu Dhabi’s property prices have risen throughout the year as rents have stabilised due to continued demand.
UAE firms saw output growth fall to 56.4 points in October from 57.9 in September, which was the strongest level in the survey’s history.
Rotated on a quarterly basis, the suite will be home to works selected by Showcase Gallery.
More than 600 vehicles will be on show with an expected attendance of over 100,000 visitors.
DFM made a net profit of Dhs82.8 million in the three months to September 30, compared with a net loss of Dhs1.7 million in the same period in 2012.
The Saudi government has promised raids on businesses, markets and residential areas to catch expatriates whose visas are invalid.
The new portal will provide information on real estate and support stakeholders across the industry.
A new report shows investors from the Emirates favour London, Paris and Geneva for overseas property.
The UAE central bank plans to restrict the amount of exposure banks can have to the debt of government-related entities.
Saudi Arabia is angry over what it sees as a weak foreign policy on the part of the Obama administration.
Six others were sentenced to 15 years in jail on charges of setting up a militant cell linked to Iran’s Revolutionary Guard.
With the number of UAE smartphone users on the rise, opportunities for mobile retail is growing.
The app, developed by Evolvin Networks, is believed to be a first for Abu Dhabi.
Citigroup and Deutsche Bank are joint bookrunners for the offering.
Gross revenues for the third quarter were Dhs623 million, up 21 per cent from Dhs512 million a year ago.
The partnership will pursue and perform large scale infrastructure projects like metro, railway, bridge, port and tunnel projects.
The Red Bull driver dominated from start to finish at the Yas Marina circuit, securing his 11th win of the season.
Sheikh Ali Salman was released on Sunday after five hours of interrogation about an opposition display.