The airline boss said the company’s income will rise substantially in the current financial year despite high fuel prices.
Oman will again spend heavily in 2013 on job creation and infrastructure projects.
The Dubai investment bank has laid off a third of its staff since 2011 and slashed operating costs.
Tim Clark, Emirates’ president, has said Dreamliner problems will not affect progress of the new 777X.
EICMP will become the first Middle Eastern producer to export camel milk-based products to Europe.
Hungarian oil and gas group MOL’s shares were down 4.1 per cent on Friday, a five-week low.
The loan is expected to help Japan win new and renewing energy concessions.
The agreement would allow Japan to quickly seek additional oil supplies via a telephone hotline.
Decline was expected but still beat forecasts thanks to 10.8 per cent fall in impairments.
The company enjoyed better than predicted profit growth last quarter of $501 million.
Expatriate numbers are to be reduced from 39 per cent of Oman’s population to 33 per cent.
Farming commodities offer enormous opportunities for long-term investors, says Mark McFarland, chief investment strategist, Emirates NBD Private Banking.
The UAE’s finance ministry placed Dhs70 billion with banks to shore up their balance sheets after the the financial crisis in 2008.
Forecasts about nominal prices far in the future, and comparisons with past prices are “meaningless”.
Brent has steadily risen over the past three weeks as positive economic data in key economies boosted the outlook for oil consumption.
More than double the 42.2 billion riyal surplus recorded in the same quarter of the previous year.
Payments worth a total of Dhs46.8 billion were marked as invalid in 2012, a drop of 15.3 per cent.
Lack of coordination among regulators is making life difficult for takaful operators, says insurance rating agency.
Study finds 56 per cent of workers are worried about their future finance plans after work.
The UAE government’s two-month amnesty programme ended on February 4, 2013.
Chokri Belaid, a left-wing lawyer, was gunned down on Wednesday, leading to street protests across the country.
The emirate has set its sights on becoming a global centre for Islamic business activity.
BlackBerry Z10 is a sleek, feature-filled device that certainly has the capacity to help the brand survive.
The private bank’s chief investment officer warns of losing money in Islamic bonds this year.
Marriott and FedEx Express join the computer giant for the second year in a row in the top three.
The Emirates Banks Association has sent its recommendations on proposed mortgage caps to the UAE central bank.
Abu Dhabi National Energy Co (TAQA) attributed the fall in profit to lower gas prices and tax charges.
The property developer made a net profit of Dhs38.6 million last year.
CEO targets new partnerships for Dubai and Abu Dhabi properties
The Saudi Arabian city offers a “cheap cost of living in a more stable environment,” says new survey.