The Dubai-based private investment bank reported net profit for the first half of the year was up 28 per cent on 2012.
Peter England, previously a senior banker at Malaysia’s CIMB Group, will take up the role.
Dubai plans to construct 850kms of cycling tracks across Dubai in the next few years.
Dynamic Tower will be a rotating skyscraper measuring 80 stories high and rotating a full 360 degrees every 90 minutes.
The high-end car manufacturer named Abu Dhabi as its most successful market in the world last month and its biggest global market for its bespoke vehicles.
Private sector employees will be off on Thursday, August 8 and Friday, August 9.
A recent study found 68 per cent of UAE residents spend at least Dhs10,000 every year on technology, with 71 per cent admitting they are addicted.
Sheikh Mohammed approved the scheme which will help 5,000 families before the end of the year.
The Abu Dhabi airline is also increasing flights to Australian destinations.
The global coffee chain has introduced camel milk as an option for customers, as well as a new camel milk iced drink.
Etihad, whose annual net profit tripled in 2012, holds stakes in Virgin Australia, Air Berlin, Aer Lingus and Air Seychelles.
Aldar said quarterly earnings included a one-time gain of Dhs2.6 billion principally driven by the acquisition of Sorouh’s assets.
Close monitoring is essential to prevent a second Dubai property bubble, writes Mohammed Faheem, senior research analyst at CBRE Middle East.
Standard Chartered UAE recorded single digit growth in income during the first half of 2013.
The majority of businessmen in Dubai expect a profitable third quarter this year, find two official surveys.
Dubai Airport Freezone Authority saw 94 new international companies register in the first half of the year.
The Abu Dhabi healthcare company listed on the London Stock Exchange in June.
The bank made a net profit of Dhs1.3 million in the quarter, compared with a loss of Dhs15.9 million for the same period last year.
The low-cost airline served over three million passengers during the first half of 2013
Google has given access to all three classes and even the pilot’s cockpit of the world’s biggest jet through its Street View cameras.
Emirates Executive launches at a time when business aviation is seeing a rise in regional demand.
Gulf Business checks out weekend options for those looking for a quick escape.
As the peak season for hospitality winds down, average occupancy across UAE and Saudi hotels witness a slight decline.
Drake reported a net profit of Dhs52.2 million for the quarter ended June 30, compared with a profit of Dhs32 million in the corresponding quarter in 2012.
The council will create a strategy to develop Dubai’s fashion industry and support existing events in the sector.
Experts advocate the use of solar technology to reduce energy consumption and increase efficiency.
The investment in Marfa Port will be used to develop the port’s infrastructure and maritime leisure facilities.
Card payments, suspended in 2007, will resume with a charge of Dhs2 for all fuel purchases made.
Deyaar, one of the worst hit during Dubai’s property market crash, posted a second quarter net profit of Dhs27.3 million.
The value of commissions, earned by property intermediaries, companies and individuals helps in assessing the value of growth in the real estate sector.