The logistics group made 9.65 million Kuwaiti dinars net profit compared with 3.46 million dinars a year earlier.
The company also said that it’s on track to complete its sukuk refinancing in the second quarter of the year.
Growth for the fourth quarter slowed 0.1 per cent from Q3 but still grew 6.6 per cent on the previous year.
Last year’s winner Monterosso, from the Dubai Godolphin stable, was pulled out of the race earlier in the day.
Access to the networking site may be restricted to people who register their identification documents, say reports.
Start-ups are sprouting up across the country and speedily gaining access to investor support.
Until now women’s exercise facilities have had to be licensed by the Health Ministry and designated as “health centres”.
Borletti and RREEF bought Printemps in 2006 from French luxury group PPR for 1.1 billion euros ($1.41 billion).
Authorities expect a 50 per cent population growth by 2020 but financing issues are likely to moderate the boom.
Many illegal immigrants have now lived in the Kingdom for decades, prompting government officials to speak of a “humanitarian crisis”
Abdulaziz Fakhroo replaces Bassam Hannoun becoming the telco’s third chief executive in less than a year.
International Investment Bank’s chief executive, Aabed Al-Zeera, will join the Leeds City Holdings Limited.
The investment bank plans to launch at least 30 Islamic funds over the next three years
Dubai International Airport is now second only to London Heathrow after passenger traffic rose 13 per cent to 10.6 million in the first two months of 2013.
Phase one of the serviced apartments are all gone with phase two to go on sale in April.
The bank has given initial approval to a proposal by the country’s commercial banks on setting limits for residential mortgage loans.
This is the UAE’s first state visit to the United Kingdom since 1989.
Robust oil income and lower-than-expected public spending boosted the surplus.
Etihad airline may become a strategic partner of Belgrade’s loss-making JAT Airways.
Seventeen cases have been announced since the WHO issued an alert for the “novel Coronavirus” in September last year.
Under the agreement the company will explore for oil and natural gas in Blocks 39 and 67.
New developments planned at the mall include easier Metro access and improved food court facilities.
The deal has just received conditional approval from Australia’s regulatory body.
Smugglers were aiming to ship over 3,260 metric tonnes of refined petroleum products out of the country.
Qatar’s emir, Sheikh Hamad bin Khalifa Al-Thani, said his country will contribute $250 million to the fund.
The Australian Competition and Consumer Commission said the airlines had to maintain at least their pre-alliance capacity on routes between Australia and New Zealand
The American fashion label will launch its first Middle East store in the emirate in 2014.
The world’s richest horse race will take place in Dubai on Saturday, March 30.
Zack Shahin has been convicted of embezzling Dhs30 million along with the three other men.
Individual shareholders and investment funds holding minority stakes in NSGB will have to pay a 10 per cent tax on their gains.