The new range of BlackBerry smartphones are expected to determine the future of Canada-based Research In Motion (RIM).
ADCB’s fourth quarter profit rose on higher net-interest income and lower provisions.
The lender’s profits were boosted by higher interest income and Islamic financing.
The UN is seeking up to $1 billion in aid for Syrian refugees outside the country and $500 million for humanitarian work inside the war-torn country.
HSBC Bank Oman, formed by a merger of HSBC’s Oman unit and Oman International Bank, made a net profit of OMR5.8 million in 2012.
The investment firm’s net profit rose to $39.2 million for the six months ended December 31, up from $5.2 million in the same period a year ago.
Most of its staff moved to Khalij Islamic, another investment firm with offices in London and Dubai, says sources.
The money will fund the Umm Wual phosphate project at Waad Al-Shimal City.
Banks taking part will also be chosen for future work.
The Greek investment scheme is similar to a Qatari plan to invest in Italian companies.
The Dubai index is buoyed by foreign investors buying into the emirate’s economic recovery.
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.