The deal was called off in part because ADCB asked at a late stage to select which of RBS’ customers it would take, sources said
The firm, which runs securities trading in Dubai, made a net profit of Dhs 132.4m in Q2
The iconic building is currently being converted into a five-star hotel
The company attributed the increase in profit to a rise in property handovers
The man was also accused of verbally abusing security officers at the airport
Emirates International Telecommunications has a 60 per cent stake in Go
FGB made a net profit of Dhs 1.45bn for the three months to June 2015, up 8 per cent to Q2 2014
The drop in rents was attributed to a surge in supply
Griffiths waxes lyrical on everything from F1 and space tourism to oil prices and the shortfalls of democracy
People looking to do business in the region must respect cultural hierarchies, says senior Arab official
Emirates International Telecommunications Malta, which holds a 60 per cent share in Go, did not say how it plans to divest its stake
The hotel operator is currently building a 253-room four-star property in Palm Jumeirah
The move, which comes into effect from August 1, will increase fuel prices for residents
The UAE capital beat rivals Lima and Almaty to win the bid
Media reports in India quoted sources as saying Emaar was close to ending its decade-old joint venture with MGF Developments
ARIG already owns 54 per cent of Dubai-based Islamic reinsurer Takaful Re
Rents in Sharjah fell 3 per cent quarter-on-quarter in Q2 as a reverse relocation trend to Dubai gained traction, says report
The service to Bamako will help Emirates improve its connectivity in Africa, the airline said
Emaar Malls made a net profit of Dhs 412m in the second quarter of 2015
The developer did not provide any details about the projects
Domestic fuel prices are currently among the lowest in the world because of heavy state subsidies
Gasoline and diesel will be deregulated from Aug. 1 and a new pricing policy linked to global levels will be introduced
The new attraction will be located in Al Hisn Island in Dibba area, which is close to Fujairah
A new index finds that the cities are among the most expensive worldwide for beer and wine
Housing and utility costs saw the biggest jump in June as they rose 10.2 per cent, statistics show
The airline said it was stopping flights to Dubai due to over-capacity on the route
The lender made a net profit attributable to shareholders of Dhs 1.28bn in the second quarter of 2015
The project will have 11 educational facilities and a massive upscale mall in addition to features such as jogging and bicycle tracks, mosques and other green spaces
The company secured an $825m loan from banks in February to pay debt and fund acquisitions
The officer was part of the UAE Armed Forces participating in the Saudi-led operation against Houthi rebels in Yemen