The lender grew its total number of assets by five per cent while its shareholders’ equity dropped by two per cent.
The Qatari lender hopes to increase capital by up to $1.6 billion in 2013.
TAQA has a 60 per cent stake in Netherlands’ 4.1 billion cubic metre Bergermeer storage facility.
South African media group Naspers has acquired a minority stake in the Middle East e-commerce site, for a rumoured $40 million.
The massive hurricane is expected to hit the US east coast on Monday evening.
The entertainment venue, which opened on October 21, saw 260,000 visitors during the first two days of Eid.
Data from government department, Dubai Internet City and a local awards highlights the success of expat-owned companies.
The Saudi government has said that its measures have ensured that pilgrims are safe and secure.
The EU resolution that criticised the UAE’s human rights record was “biased and prejudiced,” said a senior minister.
The financing will include a three-year and a five-year revolving credit facility.
The motion is debated by Saj Ahmad, chief analyst, StrategicAero Research.com and Simon Elsegood, senior analyst, CAPA – Centre for Aviation.
After years of bad headlines, the UAE is beginning to transform itself into a sanctuary for eco-tourism.
CEO Francesco Pesci speaks to Gulf Business about the brand’s expansion in the Middle East, its PPR takeover and James Bond.
The lender made a net profit of OMR10.57 million in the first nine months of the year.
Apple’s new smaller tablet is expected to ‘officially’ reach UAE shelves within the next three months, say retailers.
The UAE’s leading operator reported third-quarter net profit of Dhs2.21 bilion and revenue of Dhs8 billion.
New alliance will see regional website’s reviews published on global giant’s website.
Sheikh Hamad bin Khalifa al-Thani denounces Israel’s policies and praises the people of Gaza on first ever visit.
Dubai’s prominent developer reveals slight drop in Q3 revenue and profit, despite rise for January-September.
About 70 per cent of companies in the GCC are also planning to increase headcount next year, says new survey.
The Dubai-based logistics firm reported third-quarter net profit of Dhs53.1 million.
The onshore pipeline will carry the majority of Abu Dhabi’s oil exports from storage fields in Fujairah.
A consortium led by TAQA made the lowest bid for the Rabigh 2 project in the Kingdom.
The mortgage lender saw profits drop on higher provisions and funding costs.
Authorities have emphasised the religious occasion is no place for protests over the regional turmoil.
Gulf Business lists 10 holiday destinations you can reach within five hours by flight from Dubai.
Mall of the Emirates earns $1,423 per square foot every year, says new research.
Third quarter results for the Kuwaiti operator sees profits down as its CEO announces his desire to stand aside early next year.
Dubai Ports is selling its minority stake in Vostochnaya Stevedoring to Global Ports Investment.
Pieces by Renoir, Picasso and Dali to go under the hammer as the region’s art market strengthens.