Prime Minister David Cameron’s visit to the country comes to an end as both parties discuss a strategic air defence relationship.
The two Gulf countries are planning to buy Lockheed missile-defense systems worth up to $7.6 billion.
Sharjah-based Dana did not repay a five-year convertible Sukuk on maturity last week.
Employees in the private sector will get one- day off to mark the Islamic New Year.
The Dubai-based contractor said it was looking at equity-linked fundraising options.
Khalifa Mohammed al-Kindi is the new chairman while Sultan Nasser al-Suweidi remains governor of the bank.
The Abu Dhabi investment fund said the move was aimed at making documentation more consistent.
The company’s profit rose as it booked gains in the fair value of its investment properties.
The blasts in Bahrain’s capital Manama killed two workers and injured another.
Ferrari’s Fernando Alonso fails to regain the championship lead from title rival Sebastian Vettel.
Norway’s Government Pension Fund Global has beaten the emirate to the top spot with assets worth $656.2 billion.
The dairy company raised SAR1 billion through the first tranche of a Sukuk in March this year.
Atleast 22 people were killed and over 130 were injured in a gas tanker explosion in Riyadh on Thursday.
DIB’s quarterly net profit remains flat despite a jump in provisions with impairments worth Dhs309 million.
The two banks signed a partnership agreement to cooperate in trade and project finance.
Project contracts will be awarded by end of 2012, the Roads and Transport Authority has said.
The deal, signed with UAE’s Mubadala, is expected to add $500 million to Guinea’s GDP.
Dubai Financial Market said revenue increased 16 per cent during the quarter to Dhs36.8 million.
The troubled Saudi construction company reported a third quarter loss of $9 million.
Mainly aimed at business travelers the hotel’s rooms and facilities would easily keep leisure guests entertained too.
Local banks will have home-advantage when financing infrastructure projects but smaller assets than international lenders.
Abu Dhabi Commercial Bank posted a net profit of Dhs595 million, as non-interest income declined.
Kaspersky Lab report digs up alarming statistics about the UAE’s vulnerability to scam attacks.
The natural gas firm becomes the country’s first company to fail to repay a bond, also missing a $18.75 million accrued profit payment.
NBAD now expects lending to grow between four to eight per cent this year, down from its earlier forecast of 10 per cent.
The government has banned all rallies and gatherings to ensure public safety and prevent violence.
Latest TV reports say at least 111 people were injured. Explosion caused by fuel truck crashing.
The Dubai-based developer reported profit of Dhs156 million for the nine months of the year.
The Abu Dhabi-based cooling company made a net profit of Dhs167.6 million during the nine months to September 30.
The Abu Dhabi airline’s application for an operating permit was rejected by Ethiopia’s aviation authority.