The Abu-Dhabi developer behind the country’s railway network appoints Nasser al-Mansoori as its new chief executive.
The Dubai-basd builder made a loss of Dhs11.6 million in the second quarter of the year.
The Northern emirate is boosting its planes to attract wealthy Westerners.
The Qatari lender said that it will use the additional capital to meet strategic business requirements.
Kuwait plans to more than double the portion of state revenues it puts into its Future Generations Fund.
Following the arrest and conviction of its former chief executive, Khalil Nooruddin takes the reigns.
Sheikh Abdullah bin Saud al-Thani estimates two to three per cent inflation for 2012.
Crescent Petroleum says it is confident that Sharjah-based Dana will find a resolution for its Islamic bond maturing in October.
Haitham Al Kouatly is accused of conning homeowners and tenants out of Dhs6 million in various property locations across Dubai.
Increasing supply in the emirate’s property market will continue to force rents and sale prices to fall, says new report.
E&Y and Arqaam were accused of failing to comply with international accounting standards.
The Bahraini telecoms operator is planning to buy the Monaco & Islands portfolio of British telecoms group CWC.
The government plans to allocate around 25 per cent of state revenues into the fund.
The emirate has Dhs6.5 billion ($1.8 billion) of debt maturing in April 2013.
The UAE-based shopping mall developer made a gross revenue of Dhs10.7 billion for the first half of the year.
The Dubai-based airline has denied it has any plans to buy stakes in any Indian carriers, after rules were lifted last week.
The bank has hired HSBC, Standard Chartered, Deutsche Bank and QInvest to manage the issuance.
The airport’s cargo capacity is set to increase to 3.1 million tonnes by 2018.
Saudi Arabia’s Oil Minister Ali al-Naimi said earlier this month that the Kingdom was prepared to meet any additional demand for oil.
The Qatari bank has bought the properties as it looks to capitalise on London’s growing demand for high-end real estate.
Egypt’s biggest investment bank, EFG Hermes and Qatar’s QInvest had reached an agreement in May 2012.
The Dubai-based developer has announced the launch of The Address The BLVD, its first luxury hotel since the property crash.
UBS’s annual cost of living study ranked the city 22nd globally.
The loan facility will be used to fund the Abu Dhabi-based bank’s growth and expansion.
The government hopes to create between 200,000 and 275,000 job opportunities between 2011-2015.
Debt-ridden Dubai Group is reportedly in talks to sell its 45 per cent stake in a joint venture firm with cement maker Lafarge.
The three banks failed to reach a restructuring deal with Dubai Group, the investment vehicle of Dubai Holding.
UAE telecommunications operator Etisalat sold 775 millions of its shares in Axiata.
Following the Fukushima disaster last year, how can the country learn from those mistakes and ensure it gets its $20 billion project right?
Retailers warn UAE customers to wait and buy Apple’s new iPhone from official outlets as grey market prices are higher.