The UAE’s currency, the dirham, is currently printed overseas in countries such as the UK and France.
At least four other policemen were less seriously hurt in the attack in Bani Jamra village.
Dubai likes to set records, which is why Guinness World Records is opening an office in the city. Time to celebrate some of Dubai’s stranger world records.
The non-OPEC oil exporter’s only previous international bond was a $225 million Eurobond sold in March 1997.
Warner Bros licenses regional operator to market the themed fragrances in the Middle East.
The new four-year deal promotes the Dubai-based carrier to main shirt sponsor of the club from the 2013/14 season.
The 37-year-old Emirati was last month found guilty of administering anabolic steroids to 15 horses in the Godolphin stable.
The MasterCard Cities Index report showed the UAE’s capital has a growth rate of 16.1 per cent in relation to visitor numbers.
The Saudi dairy firm will distribute bonus shares in a move approved by its shareholders.
The International Monetary Fund forecasted Saudi Arabia’s GDP growth at 4.4 per cent, down from 6.8 per cent in 2012.
Canadian Foreign Affairs Minister John Baird confirmed the news in Ottawa.
The worldwide death toll now stands at 23 as Saudi Arabia reports five new cases.
Earlier this year the kingdom began to crack down on the many foreign workers who violated their visa terms.
The work is due to be completed within three years at the refinery.
Penney, who resigned from RBS in March, will join First Gulf Bank as head of its expanding wholesale banking division.
The plant is expected to begin commercial operations in 2018.
Resumption of services after two years will benefit passengers with connections within the GCC, Indian Subcontinent, Far East and West Asia
Proper regulatory and policy frameworks are required to reach this potential, says expert
Luxury Indian chain’s first UAE property is poised to open its doors next month.
Deutsche Bank AG and Goldman Sachs Group are mandated joint sponsors and global coordinators, with HSBC Holdings as joint bookrunner.
The move comes a day after Bahrain’s foreign minister called the head of the Shi’ite Muslim group a “terrorist”.
Prince Miteb’s promotion bolsters his credentials within the ruling al-Saud family.
Barwa Real Estate unveiled plans for Oryx Island, which would feature luxury villas, a water park and five floating hotels using cruise ships.
Mustapha al-Shamali is Kuwait’s long-serving finance minister.
The Kuwaiti Fund for Arab Economic Development will supply the amount in annual installments over a 10-year period.
Children’s education and travel are some of the other key expenses for NRIs in the UAE, finds new study.
New facility at Dubai Silicon Oasis will initially house five full-flight simulator training bays
A former member of parliament, Musallam al-Barrak has been out on bail since he was sentenced in April but could still receive another sentence.
April marked the ninth straight month of double-digit growth for the airport, and the first full month of Emirates’ partnership with Qantas.
The fund raised its exposure limit on Chinese equities to $500 million from $200 million in the third quarter.