The education firm has admitted it is seeking to sell a 20 per cent stake to investors.
Total premiums underwritten in 2012 were Dhs26.8 billion, up 9.5 per cent over the previous year.
British lender Barclays decided to sell its retail banking business following a strategic review of UAE operations.
The contract has been awarded for the Damac Esclusiva Luxury Serviced Apartments tower in Riyadh.
Many residents also expect their personal finances to reduce or remain unchanged in the next six months, finds survey.
The counter claim by airport interior contractor LDI accuses the New Doha International Airport of wrongfully terminating its contract.
Under the agreement, the Abu Dhabi Airports logo will feature on Al Ain FC club kits.
The Saudi billionaire invested $300 million in the social media giant in late 2011.
The new property includes fully furnished serviced residences in Downtown Dubai.
Luxury hotel on the Corniche will seek to draw in business and leisure travellers
The company has been awarded a turnkey contract by Kuwait National Petroleum (KNPC) to supply two high-voltage substations.
The telecoms operator is looking to raise more than $1 billion through its IPO next year.
Emal will ramp up aluminium production upon completion of its phase II expansion.
The UAE’s banking sector has extended $42 billion in credit to the government and GREs since the 2008 crisis, says BofA.
A power outage on Wednesday forced the complex to shut operations.
Investcorp buys stake in Saudi-based Leejam, a health and fitness club company that operates the Fitness Time brand.
Trading was briefly halted after the developer failed to disclose the results of a board meeting.
Sheikh Mohammed’s latest book, Flashes of Thought, talks about time management, positive thinking and creativity.
Luxury resort will be predominantly targeting well-heeled leisure guests although a ballroom and six meeting rooms are available
The money will be used to repay “the most difficult debts” and regurgitate the economy, said Serbia’s deputy prime minister.
Sources say the company could sell 30 per cent to 40 per cent of its Middle East business unit.
The accord demands that Syrian President President Bashar al-Assad account for his secret stockpile within a week.
Goldman Sachs tried to follow HSBC in late 2011 with a $2 billion sukuk programme, but Islamic scholars and analysts questioned whether the bank was obeying religious principles.
While global trends are indicative of more countries offering citizenships, the UAE is not dependant on citizenships to attract investment.
Arabesque is due to open to investors in the first quarter of 2014 and will focus on value-based investment strategies.
In 2012 the Labour Ministry began charging companies a fee of 2,400 riyals for each foreign worker they employed above their number of Saudi staff.
Construction of the project will use green initiatives and eco-friendly systems.
Saudi Arabia produced record high volumes of crude in August as it boosted output for the second time in two years.
Kuwait’s state news agency said the package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products.
Oman has been agreeing to buy gas from Iran as far back as 2005 but the two sides have never finalised terms.