The Islamic lender plans to expand its retail and wholesale banking business locally and internationally over the next five years.
The facility replaces the previous $505 million facility secured in 2011.
Executives from 13 companies listed on the DFM and NASDAQ Dubai will meet investors on April 28 and 29 in London.
The federal credit bureau will help financial institutions in the UAE check the creditworthiness of consumers.
Local initiative Turn8 is fuelling Dubai’s entrepreneurial scene with investor-demo days.
The community will feature 177 villas in four styles.
Dubai carrier’s double-decker fleet now the size of some international airlines
The service provides users access to over 250 government services.
Dalya Al Muthanna is the first UAE national to take on the senior position.
The public sector will account for a major chunk of business IT spending in the UAE, a new report says.
Buyout firm GrowthGate Capital plans to take Able Logistics Group public on the Dubai Financial Market around the end of 2014.
Dubai Holding Commercial Operations Group reported a 2013 net profit of Dhs3.3 billion.
The deal, awarded to Ginco General Contracting, covers the construction of 936 townhouses at Warsan Village.
Godolphin’s reputation suffered a blow last year when its former trainer Mahmood al-Zarooni was banned for administering anabolic steroids.
The UAE government recently ruled that all Emirati men aged 18-30 would have to serve in the military. What’s not to like, asks Damian Reilly.
The Dubai-based e-commerce site will invest part of the recent funding it received on developing its mobile technology.
The Dubai developer has appointed Barclays, Citigroup, and Deutsche Bank as joint global co-ordinators.
A joint venture between US-based Parsons and Halcrow has won the deal.
Abu Dhabi’s Etihad Airways is in talks to acquire 40 per cent of Italy’s struggling flag carrier.
The lender attributed the profit rise to growth in assets and improvement in asset quality and liability mix.
Almost 16 per cent of respondents said that they doubt if the event would deliver any benefits once completed, a new survey shows.
Etihad will take delivery of 18 aircraft this year that include 10 Airbus aircraft and eight Boeing planes.
Chairman Ali Rashid Lootah confirms that the developer will seek a public listing once it has paid up all its debts.
The developer is launching 15 resort beach plots and 79 waterfront hotel plots across two of the development’s four islands.
Up to 14,500 delegates from Nu Skin Enterprises in China will visit the emirate between April 6-16.
The investments will mainly target equity stakes in private companies as well as other asset classes including real estate or infrastructure.
Gulf Capital floated approximately 40 per cent of its holding in Gulf Marine Services on the London Stock Exchange earlier this month.
Etihad’s chief executive confirmed that the initial loan of $40 billion to Air Serbia will be converted to equity.
A one million sq ft mall in Jumeirah Village Triangle will feature a 15-screen cinema, a hypermarket and entertainment options.
The JV, Etihad Rail DB, will manage operations for the first stage of the railway.