DFM made a net profit of Dhs82.8 million in the three months to September 30, compared with a net loss of Dhs1.7 million in the same period in 2012.
The Saudi government has promised raids on businesses, markets and residential areas to catch expatriates whose visas are invalid.
The new portal will provide information on real estate and support stakeholders across the industry.
A new report shows investors from the Emirates favour London, Paris and Geneva for overseas property.
The UAE central bank plans to restrict the amount of exposure banks can have to the debt of government-related entities.
Saudi Arabia is angry over what it sees as a weak foreign policy on the part of the Obama administration.
Six others were sentenced to 15 years in jail on charges of setting up a militant cell linked to Iran’s Revolutionary Guard.
With the number of UAE smartphone users on the rise, opportunities for mobile retail is growing.
The app, developed by Evolvin Networks, is believed to be a first for Abu Dhabi.
Citigroup and Deutsche Bank are joint bookrunners for the offering.
Gross revenues for the third quarter were Dhs623 million, up 21 per cent from Dhs512 million a year ago.
The partnership will pursue and perform large scale infrastructure projects like metro, railway, bridge, port and tunnel projects.
The Red Bull driver dominated from start to finish at the Yas Marina circuit, securing his 11th win of the season.
Sheikh Ali Salman was released on Sunday after five hours of interrogation about an opposition display.
Kuwaiti women are free to drive in their country and enjoy far more rights than those in Saudi Arabia.
The luxury car maker will unveil the one-of-a-kind Phantom Coupe at the Dubai Motor Show this week.
Etisalat is running a trade-in option, allowing its customers to exchange their old iPhone 5 or 4S devices for discounted rates on the new range.
Dubai’s exchanges have so far listed $12.5 billion of sukuk and the total is expected to reach $16 billion by year-end.
Housing is the most pressing issue for Kuwaitis who say they have to wait up to 20 years for a government-subsidised home.
Two inmates were admitted to hospital for alleged gunshot wounds while firefighters put out the blaze.
The four new cases bring the number of people worldwide struck by the MERS virus to 149, of which 63 have died.
The Abu Dhabi carrier suspended flights on Thursday after an assessment of the ‘exiting situation’ at Tripoli airport.
The UAE lender plans to set up eight banking hubs in major cities and five franchises in key markets.
A rise in capital outflow and a rise in Indian import taxes will bite the UAE.
Dubai’s housing market is rebounding strongly, with prices up over 20 per cent in the last 12 months.
UAE expats have one of the lowest levels of disposable income in the world despite higher salaries.
Dubai’s property investors have been seeing a net yield of six per cent in just Q3 2013.
Marius Haas, president of Enterprise Solutions at Dell, spoke exclusively to Gulf Business at Gitex Technology Week 2013.
The UAE’s current foreign ownership limit of 49 per cent is satisfactory and there is an expectation that it will be relaxed in coming years.
Osman Sultan voiced frustration at the impasse more than four years after talks between the companies began.