Brent crude oil prices have largely traded in a range of $112-117 a barrel since mid August.
The discount window will improve liquidity management practices in the country, the central bank said.
Combined oil output from Saudi Arabia, Kuwait and the UAE rose sharply in August.
While imports remained constant, exports to the EU rose 15 per cent year-on-year during the first six months.
The Kingdom will no longer count workers under a mandated quota if they are paid less than the minimum wage.
The family-owned business plans to issue new shares as it prepares to float on the stock market.
The Dubai International Financial Centre had 899 active registered companies as of H1 2012.
The Gulf-state authorities react after the opposition group held a rally in Manama, despite a Government ban.
With chandeliers that sparkle as much as the food, Vôi is a Vietnamese restaurant with an elegant French influence in the über glamorous Jumeirah Zabeel Saray.
Saudi Arabia came second, followed by the UAE in the World Economic Forum’s annual ranking.
The family conglomerate said that it was financially prepared to go public.
The agreement does not include a global revenue-sharing deal or equity injection from either side.
The Abu Dhabi-based Emirates Aluminium will encounter higher loan rates due to the Eurozone crisis.
Monthly traffic surpassed five million passengers for the first time.
The Shuweihat 2 plant project may launch a bond as part of a $2.2 billion refinancing plan.
The hacking attack is the latest in a wave of cyber attacks on news agencies and energy companies in the region.
The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.
The state-owned property firm has rolled over the Islamic debt facility, owed to a syndicate of banks, several times.
Bankers and CEOs earn the highest wages, but overall UAE salaries remain muted says new survey.
A new index by HSBC shows the manufacturing and services sectors fell 0.1 points from July.
Over 99.79 per cent of the firms inspected abided by the midday work ban, says labour ministry.
Trade links between the two countries have never been stronger as new figures reveal a growing relationship.
Returning consumer confidence is a driving factor for the UAE luxury sector.
The Kuwait-based operator has revealed two new appointments to its top level board.
The Argentinian legend and ex-Al Wasl coach has accepted a position with the Dubai Sports Council.
Real GDP expanded but ongoing political unrest continues to dampen the country’s growth.
The bank has hired JP Morgan to advise on its planned buyout of the French bank’s Middle Eastern asset.
The Abu Dhabi-based carrier has doubled its stake in the Australian carrier but no plans for a majority.
The emirate is aggressively seeking economic investments from Asian nations.
The plant may come up next to a new aluminum smelter in the Kingdom, says Tata Motors chairman.