The Dubai developer is maintaining sales prices at the same level as last year, confirms chairman Ali Rashid Lootah.
QIB made a net profit of $100.2 million during the three months to December 31.
Fiji, Kiribati, Samoa, Tuvalu and Vanuatu will receive grants from the UAE’s $50m renewable energy fund.
GFH, which bought the second-tier club in 2012, said it had agreed to sell the stake to a consortium of British investors.
Economists estimate only 30-40 per cent of working-age Saudis hold jobs or actively seek work.
Shale oil remains much more costly to produce than most Middle East crude.
Isam al-Sager, 58, is currently the deputy chief executive of National Bank of Kuwait.
Acquiring Palm Utilities will give Empower about 70 per cent of the UAE’s district cooling market.
Mubadala has taken a 20 per cent interest in Block 2B and Shell has taken a 20 per cent interest in Block SK320.
All Emirati males between ages 18 and 30 will be required to serve in the military while it is optional for women
The venture is looking at various raw materials to produce biofuel including agricultural waste and date palm leaves.
Reem Island showed the highest rise in prices for the second consecutive year in 2013, comprising around 30 per cent of online property searches.
The developer attributed the profit rise to the timely completion of projects and the handing over of finished units to customers.
Net earnings in the three months to December 31 were 373.3 million riyals, up 1.2 per cent on the same period a year earlier.
Al Rajhi reported a 19.1 per cent drop in fourth-quarter net profit.
The number of deals in Dubai rose 53 per cent from 2012, reaching a total of 63,652, according to the land department.
SABIC earned 6.16 billion riyals in the quarter, not the 6.58 billion analysts predicted.
TDX is the UK’s largest debt placement services and debt management platform company.
The Israeli delegation will be the first at government level to visit the UAE since the assassination of Mahmoud al-Mabhouh in Dubai.
Saudi Arabia started opening up its aviation market in 2012 by awarding additional carrier licenses.
Ukraine-UAE inbound market set to double.
The academy aims to equip entrepreneurs with practical skills and knowledge they need to become future businesspeople.
Around 49,000 LinkedIn members have moved to the UAE in the last 12 months.
Ahmed al-Qassim was appointed chief executive of Dubai Group last week.
Bombardier has so far seen slow orders for the CSeries after several months of development delays.
The new project, called The Boardwalk, will run across the whole of the existing crescent with a pier at either end.
The UAE attracted FDIs worth $12 billion in 2013 owing to increased government spending and resurgence in some service sectors.
Syrian National Coalition is expected to decide this week whether to take part in the Geneva-2 conference in Switzerland.
IBB was majority-owned by another Qatari lender, Qatar International Islamic Bank.
Aziz Aluthman Fakhroo, a Qatari national and a director at the fund’s mergers and acquisitions team, left late last year.