Political uncertainty has resulted in economic uncertainty for the country as markets drop.
Capivest, Elaf Bank and Capital Management House are in talks to form one new bank with larger assets.
Ahmed al-Rujaib steps down from social affairs and labour post just one month after finance minister left.
The market regulator has implemented new rules on stock ownership in a bid for greater transparency.
Concerns about the Eurozone debt crisis pushed crude oil prices towards its lowest so far this year on Tuesday.
The central bank has said it may allow banks to ignore lending limits when dealing with state-linked entities.
Saudi Prince Alwaleed’s Kingdom Holding has reportedly chosen two banks to manage its debut bond.
The UAE city has ranked as the safest place in the Middle East to do business, and 29th in the world.
The mobile operator plans to launch a 4G broadband service, four times faster than it’s current speed.
Dubai Properties Group’s new board will set up its long-term business strategy and oversee implementation.
The UAE’s revenues rose 41 per cent to Dhs440.1 billion in 2011, mainly due to high oil prices, said IMF.
The International Monetary Fund has warned of the repercussions the Euro crisis could have on the Gulf.
The Dubai-based operator has agreed a partnership with Richard Branson’s Virgin Group, extending into South Africa.
The UAE energy firm has announced a new chairman as it looks to repay a $920 million sukuk.
The Indian budget carrier will have direct daily services connecting Delhi and Mumbai to Dubai.
The African country has invited the UAE to invest in industries relating to oil and gas exploration.
The Kingdom pumped 9.8 million barrels per day last month, down 300,000 bpd from April.
Abu Dhabi’s flag carrier has finally laid eyes on the Boeing 787 after ordering 41 of the aircraft for its future.
Qatar posted a surplus of QAR5.1 billion in the third quarter of its 2011/12 fiscal year.
Trading volumes at the Dubai Gold and Commodities Exchange amounted to $32.67 billion in May this year.
The carrier has announced new services into Eastern Europe as its reach across the region expands.
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The Kingdom’s GDP growth during the first quarter of 2012 reduced slightly compared to the fourth quarter of last year.
The company currently produces around eight million tonnes of liquefied natural gas a year.
The United Arab Emirates has secured a top 20 world spot for spending per capita in the health sector.
Official statistics reveal that local tourism in the Kingdom will grow five per cent during summer this year.
Nasdaq Dubai’s future looks bleak as another stock delists ahead of MSCI’s upgrade announcement.
Abu Dhabi and Kuwait in talks with Malaysian-based health company as potential investors for listing.
The LNG plant is operating at 100 per cent capability after maintenance shutdowns earlier this year.
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