The UAE has been looking to tighten regulations of its bourses ever since a steep fall in stock market earlier this year.
The main Dubai index drop almost neared its July low as panicky retail investors began selling off.
The bank is yet to decide whether to raise the amount to $250 million and whether to extend the tenor on the new facility to three or four years.
The facility, situated in Dubai World Central, is scheduled to be completed by 2015, the company said.
Brent crude oil fell more than $2 a barrel on Monday to a new five-year low.
The company aims to create at least 600 jobs when it opens a second plant in 2017.
Waldorf Astoria Palm Jumeirah reveals the details of its royal suite, the largest in Dubai.
The facility will now have a new production line for Snickers, and employ 50 additional people.
Freehold residential rents rose by 2.7 per cent between Jan-Sept, compared to nine per cent during the same time in 2013.
Dubai Parks and Resorts will list its shares on the Dubai Financial Market on Wednesday.
The $20 billion Barakah project, funded by the Abu Dhabi government, is expected to provide 24 per cent of the UAE’s energy by 2020.
The aircraft descended from 39,000 to 10,000 feet in five minutes before landing safely in Perth.
Dubai’s stock index edged down 0.5 per cent as most stocks declined in low-volume trading and heavyweight Emaar Properties fell 1.1 per cent.
Around 30 per cent of all BBJs in service are operated by Middle East customers.
All private firms in the UAE will now have an additional six months to settle their unpaid dues, which will be reduced to Dhs1,000 each for a card, a senior official said.
WAM, quoting a security source, said that investigation of the woman showed that the “crimes she had committed are the result of a personal instigation and a lone terrorist act.”
The new innovation centre will help the industry to develop solutions that address challenges ranging from climate change to resource scarcity, and also help advance scientific discovery.
Sheikh Maktoum led the financial services firm for the last three years and helped turn it profitable again.
A total of $18 billion was remitted abroad from the UAE in 2013, mostly through the estimated 120 exchange firms.
Gulf Business takes a tour of Sony’s submerged Xperia Aquatech store in Dubai, diving four metres underwater to see the ‘waterproof’ phones.
The city should provide innovative public transport options to residents and tourists, say experts.
The group is opening three new hotels in the Iraqi city of Erbil and a new hotel in Saudi Arabia, its chief executive said.
The government has enough headroom to fund its developmental projects through a healthy debt-equity mix, director-general of Dubai’s department of finance said.
Paul Ryan says he is satisfied with the way the case was handled and is grateful for all the support offered.
Within a couple of years, UAE companies plan to grow and sell several hundred thousand tonnes of wheat to the Cairo government.
Will the Dubai Tram persuade more residents to switch to public transport and have a wider impact on the economy?
Credit reform is well underway in the UAE with the Al Etihad Credit Bureau becoming fully operational.
The suspect has been identified as a 38-year-old Emirati woman.
Luxury lifestyle brand ends 10-year search and teams up with Meraas Holding
The HSBC UAE Purchasing Managers’ Index fell to 58.3 points in November from 61.2 in October.