Emaar made a revenue of Dhs2.5 billion from apartment sales last year, compared to Dhs1.1 billion in 2011.
Etisalat is keen on winning the contract to run state-owned Libyan Post, Telecommunication and Information Technology Co.
The 100-megawatt, grid connected power plant, Shams 1, will generate clean energy to power 20,000 homes in the UAE.
About 52 per cent of the overall project has been completed so far, say officials.
The central bank has previously backed off from enforcing regulations after complaints from the banks.
Start saving for your future as soon as you begin earning, advises Jahangir Aka, head of SEI Investments Middle East.
Is the government finally succeeding in persuading a significant number of local citizens to start their own firms?
Abu Dhabi-listed energy company Dana missed repayment of its $920 million sukuk that matured in October last year.
Y&R Dubai bags agency of the year award for the third year in a row.
Men still 2.8 times more likely to start a business in MENA as the UAE ranks 22nd on a global survey for ease of setting up a company.
Last September the central bank announced it would develop its monetary policy framework enabling banks to borrow intra-day and overnight funds.
The renovation will start on July 8 and is expected to take up to 10 months.
The regulator is looking to implement previously issued rules and policies.
Arranging banks said order books totalled $14 billion, indicating massive demand for the deal.
Managing director John Banaszkiewicz says the broker will take advantage of Dubai’s proximity to Asia.
The emirate has signed an agreement for a petroleum storage facility in Malaysia’s Johor state.
The cabinet reshuffle includes four new ministers and one new ministry.
Special service marks island’s 45th anniversary of independence – and serves as a capacity-raising hint from the airline
The country scored much lower than the other Gulf states on the latest MasterCard Index of Consumer Confidence.
The construction firm already has 60 per cent stake in Target, an oil and gas construction business.
Survey finds only 31 per cent of female employees would stay put if offered a job elsewhere.
More than $34 billion worth of Islamic bonds have been issued through the London Stock Exchange.
UAE nationals choose public over private sector jobs with investment firm Mubadala the company of choice.
Visitors from Qatar and Kuwait were found to be the biggest spenders.
The sukuk, maturing 2023, will have an amortising structure, with an average weighted life of five years.
Investors are starting to buy back into the emirate’s stocks following a recent slump.
Securing storage space at the key fuel hub outside the Strait of Hormuz helps traders ensure swift and flexible supplies to buyers.
UAE-based Abraaj Capital invests undisclosed sum in Anoud Games through its Palestine Growth Capital Fund.
Dubai-based entrepreneur Paul Kenny speaks out for the first time on the Tiger Global Management buyout, this year’s most important regional dot-com acquisition.
The bank will use the proceeds to repay part of the Dhs12.6 billion it received from the government in 2008, say sources.