The company made a net profit of Dhs86.6 million in the first quarter of 2015.
The company expects to set up offices by the end of this year.
Nine firms bid for stakes in the Abu Dhabi Company for Onshore Oil Operations (ADCO) concession which became available after a 40-year deal expired.
Obama and Sheikh Mohammed bin Zayed al-Nahayan “reaffirmed their mutual commitment to close defense and security cooperation”.
CBRE Middle East’s MD Nicholas Maclean and head of research Matthew Green, give their insights into the Dubai and Abu Dhabi real estate markets.
The developer launched West Yas and Mayan communities on Yas Island while its third project Meera will be located on Reem Island.
Low oil prices mean Abu Dhabi’s real estate market is expected to be stable to negative this year, with a new rental cap under consideration.
The bank reported a net profit attributable to equity holders of Dhs610.8 million ($166.29 million) in the first quarter of 2015.
The subsidiary of Dubai’s Emaar said profits reached $22.65 million in the first quarter of 2015.
The newly launched Maple community will feature 118 townhouses with three, four and five bedroom units.
The changes include a provision saying no company has the right to halt trading in its shares before or during an annual general meeting or during a transaction.
Etisalat made net profit of Dhs2.18 billion ($593.6 million) in the first quarter of 2015.
The lender made a profit of Dhs651 million in the first quarter of 2015.
The extension will expand DWTC’s multipurpose indoor capacity to over 122,000 square metres and add a 300-vehicle car park.
Lloyd’s will target Saudi Arabia and the United Arab Emirates to gain a foothold in Islamic insurance market.
Nakheel’s chairman reveals how he revived the company’s fortunes, and why he is confident Dubai’s property market will not crash again.
The new Mohammed bin Rashid Space Centre will conduct outer space research and help build the UAE’s capabilities in outer space exploration.
The contract includes a long-term “Totalcare” package, which means Rolls-Royce will also provide service and maintenance to Emirates for the Trent 900 engines.
Amlak’s shares have been suspended since November 2008 after the global financial crisis helped trigger a local real estate crash.
Dubai is planning to be a centre for an “Islamic economy” with sharia-compliant businesses ranging from banking , trade, food preparation, fashion, education and tourism.
The law regulates the usage of laser, fireworks, light beams and drones in Dubai’s airspace.
Al Naboodah will carry out the complete earthwork grading for the 31 million sq ft project.
Capacity rise on key London route coincides with arrival of its 60th A380 aircraft
The Egyptian government had said state-owned EGPC will buy 65 per cent of its oil product import needs from ADNOC in 2015.
LandmarkShops.com recorded a 200 per cent year-on-year growth in revenue for the fiscal year 2014-2015.
A new study reveals that majority of women in the GCC feel disadvantaged at work due to prevalent gender inequality.
The new track will connect the existing cycling path at Seih Assalam to Mohammed bin Zayed Road and onwards to Nad Al Sheba.
The listed developer also projected a higher profit forecast for this year and approved a cash dividend worth Dhs1.07 billion.
Emaar Properties expects a 2015 net profit of Dhs3.695 billion, higher than the Dhs3.366 billion average forecast.
The airline’s capital spending on aircraft and other aviation equipment pumped in $2.6 billion to the European economy last year while supporting 28,100 jobs.