Abdul Aziz Al Ghurair says new data body will highlight the number of debt-burdened consumers in the UAE.
The project will be completed in phases and will have a production capacity of 1000 MW of electricity.
The accord with Abu Dhabi is expected to be signed during talks between Putin and Crown Prince Sheikh Mohammed bin Zayed on Thursday.
The five-year-old Islamic bank was assigned its first credit ratings earlier this week.
Mashreq chief executive Abdulaziz al-Ghurair had said in February that he was optimistic about the bank’s performance this year.
Total assets of UAE banks grew eight per cent to Dhs1.9 trillion in the first six months of this year, while net profit during the period was Dhs13.6 billion.
Average retail rental rates in Dubai and Abu Dhabi were $114 and $71 per square feet per annum respectively.
Perks include 10 per cent off room rates, 5 per cent on early booking summer and winter deals and guaranteed room availability.
Dubai’s foreign trade growth during the first half has exceeded the expected growth rate for the entire year.
The Dubai-based company has taken the lease for the 15,000sq ft Reform Social & Grill Dubai in The Lakes from Emaar.
Hilton luxury brand’s first GCC property times launch for start of peak corporate season.
Salaries in Saudi Arabia are expected to increase on average by six per cent, while Oman and Kuwait’s pay rises will grow by 5.6 per cent.
The loan is related to Dubai Holding Investment Group’s acquisition of a 9.9 per cent stake in U.S. hedge fund Och-Ziff Capital in 2007.
The renovation project will include new shopping, dining and entertainment concepts.
The lender is reducing nearly 10 per cent of its workforce as part of a restructuring, according to sources.
iMENA Holdings and Rocket Internet have partnered to invest in the regional operations of Hellofood, a global food ordering service.
Low-cost airline has taken delivery of its second A330 which will be deployed on the the carrier’s first long-haul flight to Dubai from October
ATSB rules operator’s procedures were effective but expresses ongoing concerns over nozzle designs
Dubai’s index jumps five per cent to 2,441 points in early trade
Apple’s next generation iPhone is estimated to have a November or December launch in the UAE, say retailers.
Experts said that the Islamic finance industry is estimated to grow rapidly and more than double in the next four years.
Gulf Arab companies are boosting their investments in Africa lured by the continent’s untapped resources.
A study finds the United Arab Emirates is a happier country than the United States and the United Kingdom.
The transportation technology company received the investment in a round led by STC Ventures.
The Abu Dhabi government has ruled that public sector employees in the capital have to live within the city.
The bank will serve as the club’s official partner in the UAE and plans create a range of Barca-themed products for local fans.
Sarah Cocker will join Malcolm Taylor in hosting the award-winning breakfast show.
The mosque, funded by the Al Maktoum foundation, is the first of its kind in Dundee.
Research shows that out of the 200,000 SMEs in the UAE, only 10 per cent have an online presence.
The companies were holding talks to merge certain parts of their businesses.