The discount window will improve liquidity management practices in the country, the central bank said.
Combined oil output from Saudi Arabia, Kuwait and the UAE rose sharply in August.
While imports remained constant, exports to the EU rose 15 per cent year-on-year during the first six months.
The family-owned business plans to issue new shares as it prepares to float on the stock market.
The Dubai International Financial Centre had 899 active registered companies as of H1 2012.
With chandeliers that sparkle as much as the food, Vôi is a Vietnamese restaurant with an elegant French influence in the über glamorous Jumeirah Zabeel Saray.
The family conglomerate said that it was financially prepared to go public.
The agreement does not include a global revenue-sharing deal or equity injection from either side.
The Abu Dhabi-based Emirates Aluminium will encounter higher loan rates due to the Eurozone crisis.
Monthly traffic surpassed five million passengers for the first time.
The Shuweihat 2 plant project may launch a bond as part of a $2.2 billion refinancing plan.
The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.
The state-owned property firm has rolled over the Islamic debt facility, owed to a syndicate of banks, several times.
Bankers and CEOs earn the highest wages, but overall UAE salaries remain muted says new survey.
A new index by HSBC shows the manufacturing and services sectors fell 0.1 points from July.
Over 99.79 per cent of the firms inspected abided by the midday work ban, says labour ministry.
Trade links between the two countries have never been stronger as new figures reveal a growing relationship.
Returning consumer confidence is a driving factor for the UAE luxury sector.
The Argentinian legend and ex-Al Wasl coach has accepted a position with the Dubai Sports Council.
The Abu Dhabi-based carrier has doubled its stake in the Australian carrier but no plans for a majority.
The emirate is aggressively seeking economic investments from Asian nations.
The multi-billion dollar Khalifa Port can handle 12 million tons of general cargo annually in the first phase.
The company made a net profit of $27.5 million in the first six months of the year.
The Dubai-based port operator made a profit of $247 million in the first half of the year.
Exclusive: The managing director of the successful chain is joining the InterContinental Hotels Group.
The Dubai World Tribunal formally approved the restructuring of shipbuilding unit Drydocks World.
The country plans to increase crude oil production capacity to 3 million barrels per day over the next few months.
Dubai World tribunal orders Nakheel to repay Shokat Mohammed Dalal the sum he paid to reserve three islands on The World in 2008.
According to a new survey in the UAE by Western Union, 76 per cent of the respondents find internet banking safe.
The two parties will use international arbitration if they are unable to reach an agreement, says official.