The transportation technology company received the investment in a round led by STC Ventures.
Local firms have to raise standards as they face increasing competition from international property developers, says new report.
Islamic lender Al Salam will exchange 11 of its shares for each BMI Bank share.
The bank will serve as the club’s official partner in the UAE and plans create a range of Barca-themed products for local fans.
Officials are still discussing the issue, says head of the Capital Market Authority
Leaked pictures have fuelled speculation that the phone will have a built-in biometric fingerprint scanner.
Sarah Cocker will join Malcolm Taylor in hosting the award-winning breakfast show.
The mosque, funded by the Al Maktoum foundation, is the first of its kind in Dundee.
Research shows that out of the 200,000 SMEs in the UAE, only 10 per cent have an online presence.
The companies were holding talks to merge certain parts of their businesses.
The 432-metre tall Marina 101 Hotel & Residence tower is set to open in Dubai Marina in the fourth quarter of 2014.
Police are seeking the owner of the lion, believed to be someone who was illegally rearing it as a pet.
The Grand Prix d’Horlogerie de Genève will showcase 70 of the finest watches in DIFC this October.
Emirates’ superjumbos may hold the key to the conundrum posed by Dubai Airports’ 80-day runway programme next summer.
The 33-month construction contract has been awarded to Turkish firm TAV Construction.
Homosexuality is punishable by law in Oman.
The visit comes as the United States weighs military strikes in Syria.
The US President is emphasising that he only plans limited strikes on Syria to deter future chemical weapons attacks.
Lebanese national Nasr died on impact when a car struck him during his training.
Saudi Arabia, like Israel heavily dependent on the United States for arms supplies, is engaged in a historic confrontation with Iran for regional influence – a contest shaped by their leading roles in the rival Sunni and Shi’ite branches of Islam.
With trade reaching $75 billion, the UAE and India have strong ties built up over generations of trading and commerce.
With weeks to prepare for an attack, Assad might benefit in some ways from the delay in any strike by the United States.
EU foreign ministers meet in Vilnius on Friday and Saturday to discuss the situation in Syria.
The Council on Tall Buildings and Urban Habitat measured unusable space at the top of the UAE’s tallest buildings.
Use of natural gas to generate electricity will help reduce CO2 emissions.
The debt, to be issued next week, will include three-year and five-year tranches.
The Dubai developer’s branding will feature on the car as it travels through almost 20 countries per season.
Security officials said at least two people had been killed and at least 10 wounded in the attack.
The amount covers investments in Etihad Rail and light rail metro projects in Dubai and Abu Dhabi.
Tech showcase acts as global launch pad for new products.