Dubai’s retail units were assessed based on their efficiency in complaints resolution, fair pricing policies and customer opinions.
At present, nationals from GCC countries can own up to 49 per cent of Deyaar’s shares while foreigners from outside the GCC have been prohibited.
The British expatriate aged 92 died of natural causes in Dubai.
Emaar Properties is expected to report its earnings in the coming days.
Restaurants Oblix, Aqua Shard and Hutong moved into the tower last summer.
Qatar has been under fire for its treatment of migrant workers in the construction industry.
The Abu Dhabi carrier may have to make a tender offer to buy the entire 25 per cent public holding in Jet.
The global financial crisis and political instability dented Bahrain’s banking sector but will a recent wave of M&A activity burn around its fortunes?
The loan, which was initially provided by four banks, is now being offered to other lenders interested in joining the deal, according to sources.
The professional networking site has 10 million users in the MENA region.
The contractor said that its revenues reached Dhs4.9 billion last year, growing by 47 per cent from 2012.
Oman relies on oil and gas for 87 per cent of its budget revenue.
The GCC’s young population, economic well-being and a steadily rising GDP per capita will boost retail banking.
UAE officials say procedures for exemption are almost complete.
A report by Lord Stevens, the former Metropolitan Police chief commissioner, cleared Sheikh Mohammed of any wrongdoing.
The telecoms firm has applied to Bahrain’s Ministry of Industry and Commerce for approval to become a public company.
Aluminium Bahrain’s net income for the final three months of 2013 was 13.7 million dinars ($36.3 million).
OPEC said global demand will rise by 1.09 million barrels per day this year, up about 40,000 bpd from its previous forecast.
The approval will help ensure that the units remain on schedule for commercial operations in 2019 and 2020 respectively.
The amount represents a compound annual growth rate (CAGR) of nearly 12 per cent.
ADNOC has reduced the gas prices for the second time in two months.
The Abu Dhabi property firm is open to bank loans as well as bonds, according to the firm’s CFO.
RAK Properties has said that the company is expecting a stronger performance in 2014.
Expenses for the quarter, which include wages, interconnection costs and roaming charges, reduced by 2.7 per cent.
The Doha-based carrier has 43 A350-900s and 37 A350-1000s on its order books.
The order by DAE for 20 ATR 72-600s and options for 20 additional ones will see delivery between 2015 and 2018.
Profit rose on the back of gains from the acquisition of Sorouh and handover of residential units.
The club’s CEO Ferran Soriano also confirmed that they did not breach Financial Fair Play rules in the last two campaigns.
Saudi Aramco CEO Khalid Al Falih tops the Gulf Business list of most powerful Arabs in Energy.
The Yemeni defence ministry website quoted sources as saying the militants had Saudi nationality.