National Bank of Abu Dhabi attributed the profit increase to higher investment and interest income.
The private equity firm said earlier this month that it plans to announce a new deal in early February.
STFA will double the capacity at the port and build a small new one at the Ahmadi refinery.
The residential leasing market in the country is slowly picking up despite political instability, says report.
The UK economy has given the Gulf state reasons to be concerned about the development.
The port operator posted a 2.4 per cent rise in gross volume from 54.7 million in the previous year.
Standard & Poor’s has ranked the state as BBB, as has Fitch while Moody’s ranks it Baa1.
The financing for the Jorf Lasfar plant is the largest in over a decade for an international project in Morocco.
The government-funded project will cover five million square metres and will be built in the Batnah region.
Islamic banks must confront the regulators to grow their products.
The emirate welcomed over 2.3 million hotel guests last year, up 13 per cent from 2011.
New services to Haneda Airport will provide Japanese exporters and passengers more flexibility when connecting to the airline’s global network.
The UAE-based lender plans to launch a conventional bond in the coming few days, say sources.
The handover will save Emarat around Dhs80 million every month.
Dr Nasser Marafih uses the World Economic Forum in Davos to highlight the issue.
Airport beats forecasts by one million and has London’s Heathrow “firmly within its sights”.
The mining firm plans to close a diammonium phosphate fertilizer plant for three weeks.
Trade exchanges between the two countries reached $5.3 billion during the first half of the year.
Property firms Aldar and Sorouh agreed on an all-share merger last week creating a company with $13 billion in assets.
U.S. President: “In a situation like Syria, I have to ask: can we make a difference?”
The proposal would be the first time Kuwait has given out financial aid.
The firm reported a Q4 net profit of 10.3 million rials, down from 11.9 million in 2011.
The bank earned 447 million riyals in Q4. Analysts had forecast profit of 452.4 million riyals.
The Higher Committee will use the World Economic Forum to promote Dubai’s bid.
International investors may be allowed to start businesses in the UAE in partnership with nationals from the wider GCC region.
Emirates National Oil Co (ENOC) was the biggest buyer of Iranian condensate in 2012.
Under the contract, the Kuwait Energy- led consortium will begin exploration in Basra’s block 9.
The micro-blogging site has made its first business move in the region, teaming up with Connect Ads.
The UAE central bank is still holding negotiations with the Emirates Banks Association and no rule has been issued as yet.
The company aims to have 30 stores in the region by end of 2015.