Monitoring development in the UAE real estate markets and the banks’exposure to it remains a core financial stability priority, the bank said.
The new rules on capital will include requirements for enhanced capital, the application of a new leverage ratio and a shift in definition of capital.
The UAE pledged last October to build a total of 25 wheat silos with a storage capacity of 1.5 million tonnes to help prevent the loss of billions of dollars worth of wheat per year.
Alitalia’s board on Friday “expressed appreciation” for Etihad’s proposals, which government sources say include plans to make the Italian carrier profitable by 2017.
A six-strong team from the WHO and the Global Outbreak Alert and Response Network were invited by the UAE to investigate MERS after an upsurge in cases there in April.
The state WAM news agency said President Sheikh Khalifa bin Zayed al-Nahyan had issued the federal law, which was published in the official gazette.
Gulf travellers are among the most lucrative and high-yield tourists due to their lavish spending habits, industry experts.
With the emirate’s healthcare market booming, hospitals can operate at 80 per cent occupancy rates by 2020, finds Colliers report.
The first phase of the project will include putting in place mobile payments and a money transfer platform for smartphones.
A deal from the emirate isn’t expected until at least the third quarter of this year.
The restaurant, located in San Francisco, is the first of 160 outlets planned across North America.
The meetings will be held in Asia, Europe and the Middle East and the sukuk will be sold afterwards, subject to market conditions, Emaar said.
The 10 highest-valued mega-developments in the emirate, according to a report by MEED.
The agreement with DIB was made official about two weeks ago, a senior official from the Indonesian bank has said.
E-commerce is booming but limited number of players in the industry and logistical challenges are hindering the sector’s growth.
The Dubai developer has joined hands with Germany-based real estate brokerage company Engel and Völkers (E&V).
The first phase of the redevelopment has been completed, and includes new stores and an upcoming leisured component.
A strategic location, well-developed infrastructure, and a large talent base has positioned the UAE favourably among investors.
Firms found to be flouting the three-month long midday work ban will be fined Dhs15,000, the labour ministry said in a statement.
A bulk of the new openings will be in Abu Dhabi’s Yas Mall, with stores also planned for Sharjah.
Shares in Dana Gas shot up on Tuesday, hitting a four-month intraday high, on speculation the firm had won an arbitration case aimed at recovering money owed to it abroad.
India, the UK and Pakistan were the top three countries from where professionals moved to the UAE, a LinkedIn study found.
Billed as being ‘ultra-slim’, Sony’s next generation Xperia comes in a stainless steel frame and weighs 148gms.
The contribution of the hydrocarbon sector edged down to 51.4 per cent in 2013 from 52.4 per cent in 2012.
One of the airline’s three daily services to be upgraded to A380s from September, complementing double-decker A380 flights into Munich
A Can Am Spyder joins the police’s fleet of luxury supercars.
Tabreed’s first district cooling plant was commissioned by the UAE armed forces in 1998.
TDIC is building iconic museums such as the Louvre and Guggenheim in Abu Dhabi.
The deals were awarded by a consortium consisting of UAE contractors Arabtec, CCC and Drake & Scull Construction.
The first phase of applications is restricted to entities that intend to operate a portfolio of at least 20 properties in Dubai.