The recently-opened Al Etihad Credit Bureau aims to serve as a safeguard against a repeat of the credit bubble.
Upto 35 per cent of overall infrastructure work on the Dubai Parks and Resorts complex is completed, confirm officials.
The service, which is scheduled to begin on December 1, will boost cargo and passenger capacity by a third on the route.
A two per cent tax on the remittances sent by foreign workers in Oman is estimated to generate about OMR62 million.
Petrochemical revenues from the region grew by $6 billion between 2012 and 2013, increasing 7.3 per cent, a new report shows.
Europe 1 radio said such a deal would be worth 2.5 billion euros and could help unblock other negotiations.
Hotels can boost in-house guest spending by 37 per cent during pleasant weather conditions by personalising communication to guests, a new study says.
Dow Chemical announced recently that as part of a $7-$8.5 billion divestiture plan, it would reduce its equity positions in all of its Kuwaiti ventures.
Qatar’s index rose 0.3 per cent while Abu Dhabi’s benchmark edged up 0.1 per cent.
Hamilton went into Sunday’s race 17 points clear of team mate Nico Rosberg but with the German on pole position and an unprecedented double points on offer.
The five-year note, which can be converted after three years into shares, will represent around five per cent of the firm’s current share capital.
The fog delayed the departure from Abu Dhabi of 44 early morning flights by up to four hours, while several others were cancelled, the airline said.
Presently, 18 per cent of the 138.9 billion pounds in banking deposits in Jersey are from residents of the Middle East and Asia,
Iran’s oil minister will meet his Saudi counterpart in Vienna to persuade the oil giant for cuts in oil production and supply, state news agency said.
Abraaj is now offering 79.10 pounds ($11.06) a share for a total purchase price of 909.65 million pounds, it said in Sunday’s statement.
Regional retailers must move away from the conventional ways of designing their stores, states Hugo Van Der Schaegh.
Henrik Stenson’s win also put him second on Europe’s money list and he will earn a further $800,000 from a $5 million bonus pool shared among the European Tour’s top 15 players.
No further details about the meeting were disclosed.
The new initiative is part of a programme that aims to transform the emirate into an open air gallery, with various art exhibits across different points of the city.
The company said it would pay the special cash dividend following the recent IPO of Emaar Malls Group.
The smart app aims to create a comprehensive Dubai video guide for travellers, relocating executives and residents.
The negotiations between Tehran and six world powers – the US,UK, France, Germany, Russia and China have dragged on for more than a year.
Abu Dhabi Fund for Development (ADFD) has agreed to provide loans to finance the development of a two-lane road and seven bridges in Madagascar.
Errors in Mobily’s accounting led the company to restate 18 months of previously-announced earnings, wiping out $381 million of prior profits.
Engineering firm Arcadia will now seek to expand into Saudi Arabia, Qatar and the UAE.
Some 419 candidates are running, 266 for parliament and 153 for municipal councils in the Kingdom.
Western officials say Iran has refused to budge on key issues such as uranium enrichment.
The deal has a value of $3.3 billion at list price.
The attack comes a month after an American citizen was shot dead in Riyadh and another was wounded.
Oil prices have fallen by 30 per cent since June to around $80 a barrel, alarming some OPEC members.