The value and volume of shares traded on the Dubai Financial Market increased in February.
Many people in the country are dissatisfied with their current financial position, according to a Bayt.com-YouGov survey.
Royal Bank of Scotland said it no longer requires equity research on Middle Eastern companies from Dubai’s Rasmala Investment Bank.
Abu Dhabi’s International Petroleum Investment Company is refinancing the $850 million, three-year loan it signed in February 2009.
Hotels in Dubai and Jeddah saw occupancy levels rising in January 2012, according to TRI Hospitality Consulting.
Dubai’s Drydocks will present its restructuring plan for its $2.2 billion loan facility next week.
The country’s non-oil trade reached Dhs759.8 billion during the first ten months of 2011.
While the bank’s income from the country rose seven per cent last year, expenses also increased by six per cent.
Dubai-based Noor Islamic Bank clarified that it has ended all business relations with Iranian banks.
Noor Islamic Bank has reportedly been forced to cut off its banking business with Iran by the US Treasury.
The Ministry of Economy will now be able to monitor the flow of essential goods and their prices across the country.
The brand hopes to increase its regional visibility by continuing to sponsor events like the Dubai Duty Free Tennis Championship.
The UAE-based private equity firm is holding talks to acquire Viking, an integrated oilfield service company.
The number of people killed in traffic accidents fell by 12.8 per cent last year, according to the interior ministry.
The Gulf country with a GDP of $88,000 in 2010 qualifies as the world’s wealthiest nation, according to Forbes.
The Dubai Financial Market, the worst performing Gulf bourse last year, managed a small fourth quarter profit.
The UAE has reportedly expressed interest in buying the V-22 Osprey, a tilt-rotor aircraft from the US.
Construction contracts worth $15 billion will be signed in the country this year according to Ventures Middle East.
The ten-year Malaysian ringgit-denominated Islamic bond carried a 4.65 per cent profit rate.
The mobile app released by Norton in the UAE, will allow parents to monitor their children’s smartphone activities.
More than 1.1 million passengers passed through the UAE capital’s international airport during January 2012.
The airline’s net profit for the fourth quarter of 2011 increased by seven per cent year-on-year to reach Dhs78.7 million.
The telecoms operator will not let go of any UAE citizens as part of the move, which is part of a restructuring plan to cut costs.
The decision follows the ruling of an Indian court to cancel 122 telecoms licences in the country amid a corruption scandal.
The proceeds from the dual-currency loan will be used to fund the first phase of the Al-Sufouh project.
Abu Dhabi-based Al Jaber Group may hire a new CEO as part of a $1 billion restructuring plan, according to sources.
The Health Authority of Abu Dhabi (HAAD) has found that many slimming products contain dangerous drugs.
The company is reportedly in talks with banks for a loan to repay its $3 billion deal that matures in October.
Dubai-based Abraaj Capital is planning to bid for Calik Holding’s media assets, according to sources.
The financial centre welcomed 56 new companies in 2011 and is eyeing companies from emerging markets.