The lender also named a new chief executive of the Middle East and North Africa.
The regulators will supervise fund managers operating between the Dubai International Financial Centre and Europe.
The UAE lender seems to be ignoring impending regulations by the Central Bank to cap mortgages at 80 and 75 per cent.
As the latest network sharing agreement flops, is now the time to end the UAE telco duopoly?
The station is part of a $1.56 billion global eavesdropping project, say reports citing leaked documents from Edward Snowden.
Police stayed away from the march, which was organised by the country’s main opposition parties.
The meeting, planned two months ago, is the third that the top military officers have held on Syria this year.
Top executives from the European manufacturer praise GCC airlines for their use of the A380 and launching the new A350.
New India, long buried since the crash, may see 2013 as its resurgent year. Can India overcome corruption and political hurdles to embrace greater global liquidity and a pick up in investor sentiment?
Markus Thesleff, owner of new restaurant Claw, is concerned the saturated industry is going to leave a lot of people with headaches.
Authorities have signed an air transport agreement to allow more flights on the UAE-China route as demand rises.
The fifth and last LNG shipment from Qatar is expected to be loaded next month.
Minor Hotel Group has tied up with Dubai-based Rani Investment to expand in Africa.
The region’s online mother and child website aims to attract female investors to online retail through the women-only investment round.
Oman became the last country in the GCC to adopt Islamic finance in December 2012.
Upcoming international regulations will ensure uniformity in Middle Eastern property markets, says Jones Lang LaSalle Middle East CEO.
The proceeds will be used by the lender for general business purposes.
Mubarak was sentenced to life in prison last year for failing to prevent the killing of demonstrators.
Ali Asghar’s departure effectively means Lazard has no senior bankers in Dubai.
Are you good looking, handsome or beautiful? Careful, your features may cause problems in the region.
The Dubai contractor says there are no plans to merge with Kuwait’s Combined Group Contracting Co. and Saudi Arabia’s Saudi Oger.
Mobile operator Mobily plans to acquire a controlling interest in loss-making fixed line operator, Etihad Atheeb.
The law places many restrictions on the sale of tobacco including a ban on advertisements and marketing in supermarkets.
The $1 billion power plant will offer 33.4 million existing ordinary shares at a price of OMR1.59 per share.
Reports claim that some Libyan oil exports, stopped due to strikes and civil unrest, might soon resume.
Following the launch of a new ‘University pages’ feature, LinkedIn aims to target high school students.
Google is not the only search engine on the web. Here are some others also worth a try.
United Jubail Petrochemical Company, an affiliate of Saudi’s SABIC, has awarded a construction contract for the plant to Germany’s Linde Group.
Deployment of android tablets will help in building smart hospitals in Dubai, said a top DHA official.
The construction firm is reportedly in merger talks with Kuwait’s Combined Group Contracting Co and Saudi Arabia’s Saudi Oger.