The Dubai firm has started looking for candidates for senior management posts including for the position of CEO.
The lender made a net profit of Dhs1.37 billion in Q4 2013, compared with Dhs1.15 billion in the prior-year period.
Waha has picked HSBC Holdings and First Gulf Bank to help arrange the five-year loan.
The bank made Dhs518 million in Q4 2013, up from Dhs311.7 million in the corresponding period the year before.
Opening of Concourse A and flydubai’s ongoing expansion spurred 15.2 per cent annual growth.
The bank made a net loss of 1.8 million rials in Q4 2013, compared to a net loss of 4.77 million rials in the year before period.
Batelco confirmed a deal with Cable & Wireless Communications in 2013 to buy its Monaco and Islands Division for $570 million.
GEMS is aiming to create 10,000 new school places a year with most in the UAE.
Emirates currently has a terminal dedicated to its A380 fleet at Dubai International airport.
Every insurance firm looking to provide health cover in Dubai will have to secure a permit, the DHA said.
The campaign aims to provide the public with authenticated source of news and information.
The new initiative Ro’Ya will help boost the rate of female entrepreneurship in the UAE, experts said.
James Burdett was chief financial officer for ANZ.
Net profit for the quarter was Dhs1.08 billion, slightly lower than Dhs1.12 billion in the year-ago quarter.
Full-year net profit was 32.16 million dinars compared with 30.89 million dinars in the same period a year ago.
The multibillion dollar deal would include the sales of guns and navigational systems.
The Dubai index has dropped for two consecutive sessions but is still up in January.
Industrial and Commercial Bank of China marks its first project financing deal for a hospitality project in the Middle East
Zain said foreign exchange revaluations wiped $149 million from its full-year profit.
Rapidly rising demand and slow production growth have made the UAE a net importer of gas over the past few years.
The ‘Etisalat Education Technology Centre’ will be used to focus on research and development.
Dubai doubled the registration fee charged on real estate transactions to four per cent last year.
Presently only Delhi, Mumbai, Hyderabad and Bangalore have the required infrastructure for the jumbo jets.
The body will be tasked with promoting the emirate as a prime destination for tourism, business, trade and entertainment.
ENBD’s loans to Dubai government consist of Dhs91 billion out of a total loan book of Dhs238.3 billion.
The UAE-based conglomerate reported revenue of Dhs23 billion for 2013.
The survey also revealed that UAE workers preferred flexible hours to a pay hike.
A 26 per cent rise in net interest income was offset by a 40 per cent year-on-year jump in impairment allowances.
Sunday’s violence followed the death of 20-year-old Fadhel Abbas, who died in police custody.
The bank’s profit was boosted by a rise in net interest income and net fee and commission income.