The American sports wear giant will become the official kit supplier to the UAE side.
The firm, owned by billionaire Prince Alwaleed bin Talal, attributed the profit gain to an increase in gains on investments
The lender aims for 20 per cent of its revenues to come from overseas markets in five years
The firm’s capital spending and operating expenses each rose by about a third.
The lender, majority-owned by Abu Dhabi’s ruling family, made a net profit of Dhs1.19 billion for the three months ended Sept. 30
Dubai International Capital is in negotiations to sell its 18 per cent stake in Rivoli Group to Saudi-based Al Rajhi Capital, say sources
The Kingdom has backed the rebels battling President Bashar al-Assad
The International Monetary Fund has repeatedly warned against rising government spending in OPEC member Kuwait.
A Kuwaiti investment firm has already expressed interest in trading options.
Private sector employees will now resume work from Sunday, November 3.
Starting from 1 March 2014, the carrier will fly twice daily flights into both destinations.
CEO Adel Ali predicts a minimum five new routes a year as the low-cost carrier flies into its second decade
The Middle East Banking Forum will be held on 26 November, and attract top tier representatives from regional and international lenders.
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.