Khaled Kawan replaces Hassan Ali Juma, who retired from the bank in July
Profit fell to SAR2.853 billion in the three months ended Sept. 30
The telecoms operator made a net loss of SAR421 million in the three months to Sept. 30
The silos will form part of the UAE’s recently announced $4.9 billion aid package to Egypt
Activists posted 12 films on YouTube said to be of women driving on Saturday
The “Erbil Downtown” project is due to be completed in three stages over a period of around five years
UAE Prime Minister Sheikh Mohammed said that half of the federal budget of Dhs46 billion will go for development and social benefits
As Dubai hotels continue to cash in on strong demand, room rates in Doha are falling due to stiff price competition.
Dubai Airports’ strategic focus now shifts to second phase operations now the new airport is open to passengers
David Cameron, Prime Minister of the UK, gives his reasons for why the emirate should host the expo.
Nearly three out of four UAE financial advisers are in a growth phase, a study found.
The tiny kingdom’s banking industry was hit hard by the global financial crisis and, since 2011, by political unrest.
The company’s sales in the third quarter rose nine per cent to 48.8 billion riyals over the same period in 2012.
Despite high levels of expenditure on luxury, UAE-based western expats were also found to be spending on investments.
The five-year offering carried a coupon of 8.625 per cent
Al Maktoum International Airport at Dubai World Central begins passenger services on October 27.
Al Maktoum Airport at Dubai World Central welcomes inaugural passenger flight today.
The Gulf state has reportedly has plans to buy 1.6 million canisters of the material.
The project will include the development of the emirate’s longest corniche, stretching across 14 kilometres.
Dubai-based Mashreq alleged ING Groep NV lost over $40 million of its money by investing it in “toxic” securities.
FGB raised its ownership from 40 per cent to 100 per cent in Aseel Islamic Finance
European low-cost carrier starts four new services this week, projecting Dubai into the realm of two-airport cities
Organisers of the campaign say their call for women to drive on Saturday was not a political protest
Over $1 billion of the money pledged will go to supply Egypt with fuel
Local banks have been quick to lend more and offer more sophisticated services as international banks nurse lingering wounds.
The United States and Saudi Arabia have been allies since the Kingdom was declared in 1932.
IPIC has interests in a number of European-based companies, including Spain’s CEPSA and Austrian oil group OMV.
Emaar made Dhs581 million in the quarter ending September 30 compared with Dhs387 million in the corresponding period in 2012.
Officials have called for a collective effort from GCC countries to curb their energy subsidies.
The new app is designed to help users who suffer from hearing disabilities.