The Islamic lender recorded a net attributable profit of $32 million in the three months to December 31, 2013.
Mulberry at Park Heights comprises of 330 apartments in close proximity to an 18-hole championship golf course.
The lender made a net profit of $8.9 million in the fourth quarter of 2013.
The Dubai developer announced earlier this year that it would repay Dhs4 billion of its bank debt in 2014, ahead of maturity in September 2015.
The hotel will offer 268 fully refurbished and brand new rooms and suites.
Al Khalidiyah Mall has launched a new 3D cinema and a bowling alley in addition to opening new international branded stores.
Samsung is expected to launch the new Galaxy S5, while new releases can also be anticipated from HTC and LG.
Dubai’s service and manufacturing firms are the most optimistic about hiring, according to a DED survey.
Trade missions designed to foster opportunities across food & beverage, agriculture, education, urban design, marine and fashion
The country is mulling the imposition of tax on companies, Sheikh Hamdan cofirmed.
The sizes of the stake and details of the nature of the alliance have not been disclosed.
Mursi and his Brotherhood comrades are charged with breaking out of jail during the 2011 uprising against Hosni Mubarak.
This is the American’s first singles title since 2012.
Unlike Dubai, Abu Dhabi’s property market rebound appears to have been triggered by clever government intervention in the market.
Profitability at Kuwait banks has improved and the economy is on the up, but the need for more government capital expenditure and diversification away from oil remain concerns.
The journalists were put on trial on charges of aiding Egyptians belonging to a “terrorist organisation”.
More than 23,000 mobile numbers have been switched so far, according to the TRA.
Under secretary for political affairs Wendy Sherman will travel to Abu Dhabi, Riyadh and Jerusalem next week for consultations with respective governments.
Shell’s Italian retail network will be rebranded Q8 as part of the agreement, the company said.
The fund’s largest equity investments include Emaar Properties and London-listed UAE firm NMC Health.
The cost gap for Gulf banks rated by S&P seems to be narrowing to as little as 30 basis points in the first half of 2013 from a high of 110 bps in 2009.
The government will offload 142.5 million Omantel shares, reducing its holding to 51 per cent from 70 per cent.
An extra charge of Dhs2 will be levied on all credit and debit card payments while Nol card users will incur a Dhs1 charge.
The loan will finance the delivery of the next 17 aircraft on order for the carrier.
Engineers found the smoke to be the result of a common occurrence caused by a warm tyre, the airline said.
The region witnessed a strong rise in deal value and volume, aided by rising business confidence and improved liquidity.
Accor is tapping into region-wide demand for long-stay accommodation
Batelco will buy 46 per cent of Qualitynet from Ali al-Ghanim & Sons for an undisclosed fee.
At present Saudis must wait six to nine months after films are released in cinemas to watch them on local pay-television.
Ambassador for the UK’s financial sector wants to see more women at senior management and board level.