Annual growth in bank lending in Oman accelerated to a four-month high of 8.1 per cent in July.
The scheme will include a new shopping centre, four hotels and 450 restaurants as well as luxury housing and cycling paths.
Retail traders dumped some of their recent favourite shares in order to shift to DFM.
Gross domestic product had expanded 2.5 per cent quarter-on-quarter in the first three months of 2013.
Investors have become less bullish on Dubai’s markets as they believe most of the stocks are now fully valued.
The newly doubled fee will help level the balance between genuine buyers and speculators, experts say.
Earlier this year DKV reported growth figures of 24 per cent thanks to the arrival of businesses from the education, human resources and recruitment sectors.
Strong loads for Ramadan, coupled with capacity expansion, kept the region in pole position.
The smart phone will go on sale to the Middle East public at Gitex Shopper in Dubai on October 5.
A report by Symantec has revealed the average cost of cybercrime per person has risen 50 per cent in the rest of the world.
Talks on a tie-up between the Dubai Financial Market and the Abu Dhabi Securities Exchange have occurred on and off since 2010.
Dubai’s villa and apartment sale prices have recorded year-on-year growth of 26 per cent and 42 per respectively.
Julius Baer’s total client assets amounted to CHF 304 billion ($321 billion) at the end of June 2012, with assets under management accounting CHF 218 billion for ($230 billion).
Real estate brokers found flouting the rule will be fined after Rera received repeated complaints from property owners and developers.
Extended stay brand will target executives on long-stay business and Gulf families.
The U.S. shale boom has already altered the landscape of oil trade.
Britain’s Guardian newspaper reported last week that dozens of Nepali workers had died on building sites.
Banking assets in the GCC now account for around or slightly above a quarter of all banking assets in the region.
Sharjah’s affordability and proximity to Dubai has made the emirate an attractive option for SMEs and even some multinational companies.
The implementation of the country’s first direct debit system will see a reduction in the use of post-dated cheques to secure finances.
Carrier starts the new month in top gear by launching services to Clark in the Philippines, a new route between Milan and New York and its first A380 service to Brisbane
According to Robert Walkers, 96 per cent of the employees consider benefits a critical factor when accepting an offer in the Middle East.
Currently even small percentage movements in ownership have to be reported to the authority.
The International Monetary Fund urged the Gulf state to diversify its heavily oil-reliant economy, boost foreign investment and create jobs.
The annual study assessed the level of credibility, respect, fairness, pride and camaraderie within an organisation.
The deal, for which a price was not revealed, makes Qatar Holding the sole owner of Qatar Exchange
Orders from investors reportedly reached $2.75 billion.
Facebook’s global mobile advertising revenues soared to 41 per cent of overall revenues in Q2 2013.
New service to meet strong business and leisure demand and support UAE investments in Vietnam
Saudi Arabia, Kuwait and the UAE are already providing Egypt petroleum products until the end of December