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.
Dubai doubled the registration fee charged on real estate transactions to four per cent last year.
Presently only Delhi, Mumbai, Hyderabad and Bangalore have the required infrastructure for the jumbo jets.
The body will be tasked with promoting the emirate as a prime destination for tourism, business, trade and entertainment.
ENBD’s loans to Dubai government consist of Dhs91 billion out of a total loan book of Dhs238.3 billion.
The UAE-based conglomerate reported revenue of Dhs23 billion for 2013.
The survey also revealed that UAE workers preferred flexible hours to a pay hike.
A 26 per cent rise in net interest income was offset by a 40 per cent year-on-year jump in impairment allowances.
Sunday’s violence followed the death of 20-year-old Fadhel Abbas, who died in police custody.
The bank’s profit was boosted by a rise in net interest income and net fee and commission income.
The telecom operator is expected to start the service via its partner, London’s Lebara Group.
Prime residential sales prices jumped 25 per cent in 2013, Jones Lang LaSalle said.
A new Infiniti showroom with full dealership facilities is planned for Mohammed bin Zayed road in Sharjah.
The Spanish-style community will include 140 villas.
Dubai Marina has recorded a sharp upturn in investor appetite owing to its proximity to the tram.
The bank reported Dhs879 million for the quarter, beating analysts’ estimates.
The Dubai developer confirms departure of Low Ping as group CEO, says she will remain advisor to chairman Alabbar.
King Abdullah Economic City is a special economic zone up Saudi Arabia’s Red Sea coast from Jeddah.
Most of these schemes have failed in the past and can only be successful when accompanied by wage reforms and skill match up by locals, says new study.
The Danish bank hopes the new platform will ‘transform trading into a social experience’.
On Saturday, state media said Sheikh Khalifa had undergone surgery after suffering a stroke and was in stable condition.
Employers practicing fake saudisation will face five years imprisonment and a SAR10 million fine.
Subscriptions dropped to 51 million as of September 30, 2013, from 56.1 million two years ago.
The firm has been looking to secure more orders from Gulf countries to offset a projected decline in US military spending.
Sheikh Khalifa bin Zayed al-Nahyan suffered a stroke and had to undergo a surgery.
New resolution details fines for punishable traffic violations once tramway is operational.