The $450 million Islamic bond is due to mature in February 2015.
The announcement was made by Italian Prime Minister Enrico Letta, who is officially visiting the GCC.
The number of active registered companies operating within the DIFC rose 14 per cent to 1,039 last year.
The bank has mandates for arranging loans and bonds for UAE entities totaling around $15 billion, an official said.
The brace of hotels will meet the growing need for affordable accommodation in the run-up to Expo 2020
Construction is expected to start in early 2015 and commercial operations in 2017.
Trading on Dubai Financial Market (DFM) was suspended because of a system malfunction
Tohoku declined to provide any details on how the Qatar gas will be priced.
The injection will allow IBB to grow its retail operations and develop its commercial business.
With rivals such as Samsung promoting themselves heavily in the country, the US giant may have to step up its presence.
Emirates will soon serve three cities in oil-rich Nigeria
The applications give technicians real-time information to speed up maintenance repairs.
One-time short-haul carrier is embarking on international expansion
The firm’s total assets grew to Dhs5.2 billion from Dhs4.4 billion a year earlier.
New route enables Stuttgart passengers to connect with Etihad’s global network via Geneva
Visitors will face an additional charge of between Dhs7 to Dhs20 per room, per night.
Net profit rose to 26.4 million Kuwaiti dinars in the three months to the end of December compared to 11.8 million dinars a year earlier.
Brightcove CMO suggests online video is the solution for media companies looking to monetise their online offering.
Saudi Arabia’s intelligence chief has said the kingdom is looking at a “major shift” in relations with the United States.
The degree underscored concern about Saudis hardened by battle in Syria coming home to target the ruling royal family.
The small Dubai team managed $425 million of assets at the end of 2013.
The IMF raised last week its 2014 UAE growth prediction to 4.5 per cent, but warned of a potential property bubble.
The Abu Dhabi Crown Prince said “we have passed through a difficult crisis.”
New openings include Dubai, Saudi Arabia, Abu Dhabi, Rwanda and Ghana.
A bulk of local recruitment in banks is happening at graduate level, which needs to be accompanied by a sound retention strategy.
Residential sales prices also shot up by 60 per cent last year, says a new report.
The amount raised will be used for the company’s general operating expenses and to fund some of its aircraft deliveries.
The Dubai-based construction company is targeting young recruits for the new roles.
Saudi Arabia provided the most visitors from another GCC country.
Saudi Arabia’s advisory body will rethink its decision about reducing working hours in the private sector following an appeal by some of its members.