The number of UAE students studying in the US rose to 2,256 in 2012/2013, official figures show.
The telco made a net profit of Dhs2 billion ($544.5 million) in the three months to March 31, according to a company statement.
Around 31 per cent of the UAE’s online shoppers said that they had stopped online purchases due to extra costs.
This morning sees the second round of diversions in as many months
Bubbles are a natural part of Dubai’s growth cycle, writes the author of ’10 Tips For Leadership In The Middle East’.
Investors subscribed Dhs10 billion ($2.7 billion) to the fixed offer of 275 million shares in Marka
Emirates NBD is Dubai World’s biggest creditor with an exposure of more than Dhs9 billion($2.5 billion), against which it has set aside provisions of five per cent
The property development industry is all about providing value to homeowners and investors, says Benoy Kurien, general manager of Al Hamra Real Estate Development.
The lender made a net profit of Dhs1.04 billion ($283.7 million) in the three months to March 31, a statement from the bank said.
The state-owned developer is focusing on developing mid-tier real estate projects in Abu Dhabi.
Etihad has so far refused to negotiate with Italy’s unions, which have sunk negotiations between Alitalia and other bidders in the past.
Much of Emaar’s growth is expected to come from projects worth billions of dollars within Dubai.
The bank’s operating profit reached Dhs151.1 million, up 18.8 per cent year-on-year.
The company will use available funds to repay the amount, which is the remainder due on a $555 million facility maturing in December 2015.
The lender made a net profit of Dhs1.33 billion ($362.1 million) in the three months ending March 31.
The exchange made Dhs215.1 million ($58.6 million) in the opening three months of 2014, compared to Dhs27 million in the same period last year.
The 10-year loan is the first such facility agreed between ADCB and NIC.
The firm will undertake the civil construction portion of the mixed use development in Algiers, it said in a statement.
The company said its profit for the three months to March 31 would likely be Dhs265 million ($72.2 million).
Initial price thoughts on the Islamic bond have been set between 5 and 5.125 per cent.
The airport welcomed around 4.5 million passengers during the first three months this year.
The lender made a net profit of Dhs409.5 million ($111.5 million) in the three months to March 31.
Newly installed general manager wants a broader range of guests and seeks to capitalise on Emirates’ global network
The waterfront development includes 225 residential apartments and a 200 room five star hotel.
The developer has launched three new projects in Abu Dhabi worth $1.4 billion, it said in a bourse statement.
The cleric used unusually placatory language about Qatar’s neighbours, some of whom he has accused of a variety of failings including being insufficiently Islamic.
UAE lender says the rebrand signals its clear plans to grow.
The launch continues Deyaar’s move into the hospitality sector.
Emiratis invested around Dhs7 billion in Dubai property while Indians continued to be the top foreign investors with transactions worth Dhs5.8 billion.