Emaar’s flagship mall also saw sales increase by 26 per cent last year.
Can Iraq’s oil prospects offset foreign investor’s security concerns?
The decision comes soon after stalled reconciliation talks between the ruling family and the opposition were revived.
Organisers of the tournament are offering a $2.5 million prize for a hole-in-one.
TECOM Investments sold one million square feet of land at its International Media Production Zone.
Shoura Council members said that the Nitaqat system has been ineffective in creating jobs for Saudis.
The Dubai firm has started looking for candidates for senior management posts including for the position of CEO.
The lender made a net profit of Dhs1.37 billion in Q4 2013, compared with Dhs1.15 billion in the prior-year period.
Waha has picked HSBC Holdings and First Gulf Bank to help arrange the five-year loan.
The bank made Dhs518 million in Q4 2013, up from Dhs311.7 million in the corresponding period the year before.
Opening of Concourse A and flydubai’s ongoing expansion spurred 15.2 per cent annual growth.
The bank made a net loss of 1.8 million rials in Q4 2013, compared to a net loss of 4.77 million rials in the year before period.
Batelco confirmed a deal with Cable & Wireless Communications in 2013 to buy its Monaco and Islands Division for $570 million.
GEMS is aiming to create 10,000 new school places a year with most in the UAE.
Emirates currently has a terminal dedicated to its A380 fleet at Dubai International airport.
Every insurance firm looking to provide health cover in Dubai will have to secure a permit, the DHA said.
The campaign aims to provide the public with authenticated source of news and information.
The new initiative Ro’Ya will help boost the rate of female entrepreneurship in the UAE, experts said.
James Burdett was chief financial officer for ANZ.
Net profit for the quarter was Dhs1.08 billion, slightly lower than Dhs1.12 billion in the year-ago quarter.
Full-year net profit was 32.16 million dinars compared with 30.89 million dinars in the same period a year ago.
Energy CEO of DNV GL says the Gulf needs to look at the cost of energy and its sustainability.
The multibillion dollar deal would include the sales of guns and navigational systems.
The Dubai index has dropped for two consecutive sessions but is still up in January.
Swiss biotech firm Roche has said that it will increase its regional workforce from 300 to 375 in 2014.
Smartphones accounted for 55.1 per cent of all mobile phone shipments last year, says IDC.
Industrial and Commercial Bank of China marks its first project financing deal for a hospitality project in the Middle East
Zain said foreign exchange revaluations wiped $149 million from its full-year profit.
Rapidly rising demand and slow production growth have made the UAE a net importer of gas over the past few years.
The ‘Etisalat Education Technology Centre’ will be used to focus on research and development.