The firm, majority-owned by Ooredoo, made a net profit of OMR10 million.
Investment banks in the Middle East have been growing as regional markets continue to recover from the global financial crisis, says Frost & Sullivan.
The company’s mobile customer base grew 27 per cent to reach 1.27 million mobile customers as of December 31.
GCC states have given Egypt billions of dollars since the army toppled President Mohamed Mursi.
The group is planning to construct two new hospitals in Dubai and one in Sharjah, having a joint bed-capacity of 270.
The lender offered a 15 per cent cash dividend plus bonus shares of 10 per cent in 2012.
None of the 16 passengers and crew members on board were injured.
In a statement, the prosecutor said the four had published “lies” that harmed the national interest.
The UAE has plans to invest $25 billion in its railway infrastructure, according to the NTA.
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.