The bureau hopes to complete agreements with banks to provide credit information and create an electronic database by the end of January.
Investcorp recently bought a 25 per cent stake in Saudi Arabia’s sports and fitness business Leejam Sports Co.
Anas al-Saleh, a former minister for commerce and industry, was selected to head the Finance Ministry, replacing Sheikh Salem Abdulaziz al-Sabah.
The confirmed $8.8 billion order, placed at the Dubai Airshow, provides the foundations for the low-cost carrier’s next growth phase.
The move is designed to make it more attractive for young Saudis to seek jobs in private companies.
Shareholders agreed to a motion at a board meeting on January 5 that the business would not be dissolved.
Shares of Emaar climbed 103.7 per cent last year, helped by returning confidence in Dubai’s real estate sector.
The insurer has received regulatory approval for the issuance of 24,260,000 new shares.
Healthcare is the second fastest growing sector after government in terms of IT spending.
The Spanish-themed villas will form part of the Arabian Ranches extension plan.
Almost 56 per cent of those polled said that the best salary package in the UAE was offered in the oil and gas industry.
The Dubai carrier currently has 97 of Airbus’ superjumbos on its order book.
Falcon said it was leaving Hong Kong in favour of concentrating on the Middle East, Africa and Eastern Europe.
Discussions are ongoing in the Kingdom, says Jumeirah’s president and group CEO, Gerald Lawless.
Qatar’s hospitality sector is expected to boost job creation as the country continues investing heavily to promote tourism.
The U.S. Secretary of State spent two hours and 40 minutes with King Abdullah. Earlier in the day he met with the King of Jordan.
Spending soared over 50 per cent, partly thanks to increased outlays on public sector wages.
Clark was recognised for his “services to British prosperity and to the aviation industry”.
Firms must abide by the new regulations or face fines of Dhs100,000.
Perfumes, liquor and gold were the best selling products in 2013.
The flight, arriving from Mashhad in Iran before dawn, was carrying 315 passengers and suffered a technical malfunction.
Sheikh Mohammed Bin Rashid Al Maktoum has over 2.4 million followers on Twitter.
Officials say that the new labour deal will better protect the rights of foreign domestic workers in the Kingdom.
The country’s foreign affairs ministry also urged UAE citizens against all travel to Lebanon because of security concerns.
ATIC is controlled by Abu Dhabi state investment fund Mubadala and owns GlobalFoundries.
The Gulf Arab kingdom has been rattled by bouts of unrest since February 2011.
Nakheel was taken over by the government as part of a $16 billion rescue plan completed in 2011.
Egypt accuses Qatar and its Doha-based Al Jazeera television channel of backing the Muslim Brotherhood.
Authorities are using arrests, raids and strict new laws against activists seeking political reform.
In a bid to boost their business passenger base, carriers are investing heavily in luxury amenities, while others have even mulled dropping first class all together.