The American fashion label will launch its first Middle East store in the emirate in 2014.
Zack Shahin has been convicted of embezzling Dhs30 million along with the three other men.
Individual shareholders and investment funds holding minority stakes in NSGB will have to pay a 10 per cent tax on their gains.
The facility is part of the company’s expansion strategy and is expected to generate over 2,000 jobs in India.
Two-way trade between Dubai and Iran was roughly Dhs25 billion last year.
China holds the first and second biggest initial public offerings ever as Asian and U.S. companies go head-to-head.
Aramco Overseas signed a deal in March 2011 with oil firm PetroChina to build a 200,000 bpd refinery.
The UAE’s GDP saw a rise of $4.2 billion thanks to a rise in electronic payments. Saudi Arabia’s GDP saw growth of $4.7 billion.
In the Gulf region, the bank will focus on lending opportunities in Saudi Arabia and Qatar, says regional head.
The Dubai-based construction company is building a twin-tower project in South Cairo.
Nearly one out of every two people on the internet now visits the video-sharing website.
Apart from Facebook, how many other tech IPOs in 2012 can you remember?
Chinese consumers will drive auto revenues in 2013, says Matein Khalid, fund manager in a royal investment office.
Growth in 2012 was up on 2011, far outperforming conventional banking assets’ growth of 8.1 per cent.
Shipments to the US from OPEC’s top producer had dipped earlier in the year.
The statement conflicts with comments made by its Bahrain-based parent Gulf Finance House.
The long-running Middle East peace process took a back seat at the start of Obama’s four-day tour.
As part of the deal, the airline will have promotional rights to branding and digital elements of the tennis tournament.
The video-sharing website has started its partner programme in Saudi Arabia, UAE and Egypt.
The International Air Transport Association expects the industry to make a net profit of $10.6 billion this year.
The UK’s Financial Services Authority said Lamprell failed to inform the market of its deteriorating financial position on time.
GFH Capital purchased the club from majority shareholder Ken Bates at the end of last year.
US-based Mosaic Co plans to invest up to $1 billion in a joint venture with Saudi firms Ma’aden and SABIC.
A country’s global aviation reach is at the top of its bragging rights, with these airports seeing more passengers than any others.
First-quarter sales volumes will be down by around 40,000 bpd partly due to production issues in the MENA region.
The value of the transaction is seen at around $460 million.
Reports claimed Qatar Investment Authority was seeking a consortium for an £8 billion takeover of the British retail store.
Trade flows between the regions increased by 3.26 per cent in 2012 compared to the previous year.
Etisalat is keen on winning the contract to run state-owned Libyan Post, Telecommunication and Information Technology Co.
With high youth unemployment, the Arab world is facing its biggest timebomb yet.