The Dhs1.5 billion Princess Tower is 98 per cent sold, says developer Tameer.
The Dubai-based investment company blamed a lack of liquidity in the market for postponing its IPO and preventing Dubai’s full recovery.
The deals, in the oil and power sectors, will increase the bank’s market share in corporate financing.
The lender opens Beijing office to tap rising financial ties between the UAE and China.
Majid Al Futtaim-owened malls have seen a 15 per cent rise in footfall for the first half of the year.
The winner of ‘The Entrepreneur’ show will receive a Dhs1million cash reward.
The green energy firm is proactively seeking partnerships in the Kingdom, according to its chief executive.
Qatar’s sovereign wealth fund has built up a stake of more than 12 per cent in mining company Xstrata.
Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.
Qatar Telecom has already received approval to buy the remaining 47.5 per cent stake in Wataniya for $2.2 billion.
Saudi Ground Services has hired the bank to advise as it plans to list 30 per cent of its shares.
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.