Abu Dhabi’s TAQA said that two columns of oil have been found since drilling began in November.
The development in Karachi may reportedly include the world’s tallest building.
Airline says no upper deck doors opened mid-flight, nor was there any loss in cabin pressure
Ali Rashid Lootah dismissed concerns over Nakheel’s ability to repay its debts, which include a Dhs3.8 billion sukuk.
Etihad is reportedly in talks to buy a 24 per cent stake in Jet for up to $330 million, say sources.
Up to 57 per cent of companies in the UAE are definitely or probably hiring new personnel in the coming three months, finds new survey.
The company borrowed heavily to build up holdings in a number of major companies, including carmaker Daimler.
The UAE telecoms firm is planning to finance a bid for Vivendi’s 53 per cent stake in Maroc Telecom.
The earnings fell short of analysts’ estimates as revenues for the quarter rose 18 per cent.
The change will be used to encourage more Emiratis to work in the private sector.
Negin Fattahi-Dasmal, founder and CEO of The Grooming Company, explains the success behind the region’s first male-only grooming parlour.
The emirate is sensitive to the issue given its geographical positioning to countries targeted by sanctions.
The emirate has announced plans to build a Dhs6 billion island project that will include the world’ largest ferris wheel.
The UAE lender said earlier this week it had mandated lead arrangers for the $500 million issue.
Lack of properly developed infrastructure and operational facilities remain off-putting for certain segments of the market, says new report.
Bluewaters Island development will include the world’s largest ferris wheel.
The council rejected a clause that would allow foreign parties to own stakes of up to 100 per cent in companies.
The construction firm attributed the drop to growth in its civil business and the establishment of new offices in Iraq and India.
Gulf Capital, which has around $1 billion in assets under management, did not provide financial terms.
HH Sheikh Ahmed reveals Dubai’s new Al Maktoum International airport is to be inaugurated in October this year.
Chief executive Abdulaziz Al Ghurairis optimistic about the bank’s performance this year.
The announcement marked a rare public appearance from the chairman of DAMAC, Hussain Sajwani.
Work is progressing on the emirate’s key projects such as industrial city, Saadiyat island and Al Maryah island.
Dubai’s ruler Sheikh Mohammed addressed a range of topics during the inauguration of the government summit in Dubai.
Tim Clark says it “could get worse before it gets better” when asked about the Dreamliner issues.
Dubai’s flagship investment vehicle is scheduled to repay a $2 billion loan.
HH Sheikh Mohammed spoke about the Arab Spring, leadership and life.
Platinum members will receive exclusive benefits usually reserved for First Class passengers.
Securing strategic oil storage space at Fujairah has become a top priority for oil producers.
Investors seem to have shrugged off Emaar’s 28 per cent drop in fourth-quarter profit.