The bank’s group net revenues for 2019 grew 2.5 per cent to Dhs5.91bn compared to Dhs5.769bn in 2018
The kingdom currently receives less than 100 millimetres of rainfall a year
The bank offered a three-year £450m ($583m) note at a yield premium of 98 basis points over UK gilts
Abu Dhabi Islamic Bank is reportedly planning to close local and international branches
The company plans to open between 20 to 25 filling stations in Dubai
DWC welcomed 1.634 million customers during 2019, compared to 900,202 passengers in 2018
The company posted net profit worth Dhs71.5m for 2019
ADNOC Distribution’s revenues for 2019 totaled Dhs21.3bn, dipping 6.8 per cent from Dhs22.89bn in 2018
Saudi suspended travel to China for its citizens and residents last week
Close to 1,200 people were tested to ensure that all who came in contact with the patients had not been infected
The companies, which include two Chinese buyers, requested the lower volumes as part of their long-term supply contracts with Saudi Aramco
The PIF has invested in companies such as Tesla Inc. and Uber Technologies Inc.
Spread across an area of around 2.2 sq km, the project features 1,100 residential villas
The ban will come into effect from March 1
The new coronavirus is hurting economic expansion as airlines cancel flights and factories look elsewhere for components they would have bought from China
The developer reported a net loss of Dhs36.9m for 2019
The lender will focus on corporate financing, treasury and capital markets and trade finance
The sultanate is suffering from its worst locust infestation since 2014
The restaurant brand expects to roll out its first unit in New York by Q2 2020
A unit of Saudi Arabia’s sovereign wealth fund is leading a $35m funding round for Dubai-based SellAnyCar.com
The eighth case of the new coronavirus in the UAE is that of an Indian national who had interacted with a recently infected person
Former CEO Khaled Sifri, who joined the bank in 2008, resigned from his role in May 2019
Parts of the kingdom were covered in snow last month when temperatures dropped
NMC shares have fallen more than 70 per cent since the Muddy Waters report came to light
The logistics and transportation service provider posted net profit of Dhs497.4m in 2019, compared to Dhs492.6m in 2018
As many as 49 per cent feel that the Dubai Expo will enhance the country’s reputation as a business hub while 48 per cent feel it will lead to creation of more jobs
The decision is reportedly aimed at reducing traffic congestion on the roads
Air Arabia served more than 12 million passengers from its hubs in the UAE, Morocco and Egypt in 2019, compared to 11 million passengers in 2018
Liu Yujia, 73, has now tested negative for the virus
Ian Jakovljevic will join Saudi Arabia’s STV as chief development officer next month