Investcorp buys stake in Saudi-based Leejam, a health and fitness club company that operates the Fitness Time brand.
Trading was briefly halted after the developer failed to disclose the results of a board meeting.
Sheikh Mohammed’s latest book, Flashes of Thought, talks about time management, positive thinking and creativity.
Luxury resort will be predominantly targeting well-heeled leisure guests although a ballroom and six meeting rooms are available
The money will be used to repay “the most difficult debts” and regurgitate the economy, said Serbia’s deputy prime minister.
Sources say the company could sell 30 per cent to 40 per cent of its Middle East business unit.
The accord demands that Syrian President President Bashar al-Assad account for his secret stockpile within a week.
Goldman Sachs tried to follow HSBC in late 2011 with a $2 billion sukuk programme, but Islamic scholars and analysts questioned whether the bank was obeying religious principles.
While global trends are indicative of more countries offering citizenships, the UAE is not dependant on citizenships to attract investment.
Arabesque is due to open to investors in the first quarter of 2014 and will focus on value-based investment strategies.
In 2012 the Labour Ministry began charging companies a fee of 2,400 riyals for each foreign worker they employed above their number of Saudi staff.
Construction of the project will use green initiatives and eco-friendly systems.
Saudi Arabia produced record high volumes of crude in August as it boosted output for the second time in two years.
Kuwait’s state news agency said the package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products.
Oman has been agreeing to buy gas from Iran as far back as 2005 but the two sides have never finalised terms.
Abdul Aziz Al Ghurair says new data body will highlight the number of debt-burdened consumers in the UAE.
The project will be completed in phases and will have a production capacity of 1000 MW of electricity.
The accord with Abu Dhabi is expected to be signed during talks between Putin and Crown Prince Sheikh Mohammed bin Zayed on Thursday.
The five-year-old Islamic bank was assigned its first credit ratings earlier this week.
Now Blatter’s admitted it was a mistake to award the rights to Qatar’s summer months, only a time-efficient loophole will prevent a winter tournament, writes Gulf Business reporter Neil Churchill
Mashreq chief executive Abdulaziz al-Ghurair had said in February that he was optimistic about the bank’s performance this year.
Gulf Business traces the lineage of the iPhone 5S back to its initial concept.
Total assets of UAE banks grew eight per cent to Dhs1.9 trillion in the first six months of this year, while net profit during the period was Dhs13.6 billion.
Christos Papadopoulos will lead the bank’s expansion in sharia-compliant banking.
Average retail rental rates in Dubai and Abu Dhabi were $114 and $71 per square feet per annum respectively.
Perks include 10 per cent off room rates, 5 per cent on early booking summer and winter deals and guaranteed room availability.
Dubai’s foreign trade growth during the first half has exceeded the expected growth rate for the entire year.
The Dubai-based company has taken the lease for the 15,000sq ft Reform Social & Grill Dubai in The Lakes from Emaar.
Hilton luxury brand’s first GCC property times launch for start of peak corporate season.
Transactions in the Middle East between July 2012 and June 2013 dropped to nine deals as compared to 13 in the previous year.