DIB’s net interest margin would stay at around 3.6 per cent in 2015, the bank’s chief executive said.
Qaradawi’s outspoken support for the Islamist movement has previously contributed to a diplomatic rift between Qatar and its Gulf Arab allies and Egypt.
The first retail and dining concept store is set to open in Abu Dhabi’s Yas Mall in May, with plans also lined up for Dubai.
Home prices in Dubai rose 15 per cent in 2014, with the last quarter seeing sluggish growth, a new report says.
The company’s 2014 annual profit was Dhs281.9 million, up 82 per cent compared to 2013, it said.
The bank’s net profit for 2014 was Dhs2.8 billion.
Prince Saud Al-Faisal is undergoing physiotherapy following the surgery, the official Saudi Press Agency announced.
Japanese Prime Minister Shinzo Abe called the apparent killing of Haruna Yukawa “outrageous and impermissible.”
Gulf Technical Construction Co will provide civil, architectural and MEP services for a high-rise residential tower in Dubai.
The markets of Saudi Arabia, Kuwait, Oman and Bahrain are closed on Sunday because of King Abdullah’s death.
Russia’s PM Dmitry Medvedev, UK’s PM David Cameron and French President Francois Hollande are also visiting Saudi to offer condolences.
Officials said that the drones were flown for recreational purpose by members of the public.
A consortium led by the two firms will undertake the construction of the Dubai Trade Centre Jebel Ali development.
The contracts, awarded by ADNOC and ADCO, were awarded to Arabtec’s Target Engineering unit.
The contract was worth about 207 million pounds when won in 2011.
Gulf banks have recorded much improved net profit numbers in 2014 driven by higher loan growth, increased non-interest income and reduced provision charges.
A bustling hub for global aviation, Dubai International Airport has not sat idle when it comes to large-scale investments in expansion and upgrades.
Saudi Arabia’s Interior Minister, Prince Mohammed bin Nayef, was named Deputy Crown Prince on Friday.
UAE President Sheikh Khalifa praised King Abdullah as one of the most notable leaders of the Arab region.
King Abdullah, 90, had ruled Saudi Arabia as king since 2005 and was hailed as a great reformist.
King Salman is expected to broadly continue Abdullah’s policies, analysts say.
The 79-year-old King Salman will have to navigate turmoil caused by violence across the region.
Badawi, founder of the “Free Saudi Liberals” site, was sentenced last year to 10 years in jail, a fine of SAR1 million and 1,000 lashes.
In December, Tasnee bought 13 per cent in Cristal – one of the world’s largest producers of titanium dioxide – for SAR1.8 billion.
The fund holds stakes in Bahraini companies including Aluminium Bahrain, Gulf Air and Batelco.
Second Pullman hotel in Dubai targets business and leisure travellers in the fast-growing community
The crackdown will be the largest operation ever, conducted by the authorities in Kuwait, an official said.
The ECB’s Executive Board has proposed a programme that would allow it to buy $58 billion of bonds a month starting in March.
Analysts believe GCC governments will be able to use huge financial reserves to keep state spending high.
The Gulf country is expected to see a growth of 3.5 per cent for 2015 and 2016, according to IMF’s latest update.