The lender made a net profit of Dhs775 million in the three months to September, up 21 per cent from Q3 2012.
Despite signs of economic improvement, banks are still dealing with asset quality problems from the 2008 crisis, says Fitch
The fuel retailer cancelled a tender seeking 90,000 tonnes of jet fuel for November to December delivery
Arabtec will build two mixed-use towers for the 332-room Tiara Hotel on Palm Jumeirah
Sheikha al-Mayassa al-Thani, who heads the Qatar Museums Authority, was chosen for her willingness to spend at a rate estimated to be $1 billion a year.
The airline will be the largest carrier on the planet by international passenger traffic, says president, Tim Clark.
The new mall features 160 shops, over 20 dining outlets and an eight-screen cinema.
Gulf Air hopes its new daily evening service will appeal to ‘new Dubai’ residents
New service to provide more flexibility and better connectivity for passengers
French utility EDF is spending $26 billion to build two nuclear reactors at Hinkley Point in the UK
According to a Mercer survey, the UAE’s above global average pay rise is a long running trend in the region.
QNB will issue three-year floating rate notes
Kazim, currently CEO of DFM, replaces veteran banker Abduljalil Yousuf Darwish
HE Reem Al Hashimy, UAE Minister of State and managing director of the Dubai World Expo 2020 Bid Committee, reveals her hopes and fears in the bid for the largest trade show on earth.
The plant, which will generate around 24 million kilowatt hours (kWh) of electricity per year, is the region’s largest photovoltaic facility.
Amer Kazim will replace longstanding incumbent Mark Shuttleworth.
Emirates International Telecommunications is seeking to sell its 35 per cent stake in Tunisie Telecom and 26 per cent stake in Axiom Telecom.
Saudi Arabia rejected a UN Security Council place in protest at the body’s failure to end the war in Syria and act on other Middle East issues.
Around 20 per cent of businesses in the Middle East experienced an average of three security breaches in the last 12 months.
The emirate achieved the highest ranking for its education services and its core climate.
The phone manufacturer also launched two new Lumia smartphones and three new Asha models.
SAP’s early adoption of cloud and in-memory computing has helped the company stay ahead of the game in the Middle East.
Muhammad Ibn al-Dheeb al-Ajami praised the Arab Spring revolts that toppled four authoritarian leaders.
Ooredoo shares listed on the Qatar Exchange are up 34 per cent this year, but remain 8.6 per cent below a 2005 peak.
Itqan Capital is eyeing up to $200 million for the fund that it plans to launch with Bahrain-based school consultancy firm D3 Consultants in 2014.
Emirates becomes the fifth airline to join Virgin America’s frequent flyer program.
The provisional Etihad order for dozens of Boeing jets could be worth $18 billion at list prices.
When it comes to offering a perfect dining experience with indulgent food, fantastic service and d�cor to match, La Serre Bistro makes the cut.
Number portability would allow customers of Etisalat and du to switch providers and keep the same phone number.
Cyber criminals are increasingly targeting bank accounts of individuals since they get direct access to the money.