FGB made a net profit of Dhs1.05 billion ($285.9 million) in the first three months of 2013, up from Dhs934.7 million in the same period of last year.
Grant Cameron, Karl Williams and Suneet Jeerh were arrested in July 2012 during a holiday in the UAE.
The Islamic lender made a net profit of 291.1 million riyals ($79.99 million) during Q1, compared with 387.7 million riyals in the same period a year ago.
The recent escalation of leasing and sales prices in the emirate is concerning, says report.
In Dubai, heavy buying of mid-cap stocks pushed the index up 1.6 per cent to its highest close since November 2009.
The area, known as the Abu Dhabi World Financial Market, is scheduled to come up on the emirate’s Al Maryah island, say sources.
The company said increased depreciation arising from network modernisation had impacted its net profit.
The first of its four daily London flights, QR075, is currently listed as a Dreamliner service on its booking engine – as is the return flight (QR076).
The oil storage terminal, with a storage capacity of over 141,000 cubic metres, will have a direct pipeline connection with the Dubai airport.
The value of real estate transactions in the emirate rose 63 per cent year-on-year in the first quarter of 2013.
The SABIC unit shut its ethylene oxide/ethylene glycol plant for scheduled maintenance.
A statement from Etisalat on Friday could reinforce speculation among some investors that it will also buy the state’s holding.
A shortage of land in big cities has frustrated efforts to build half a million homes – a project ordered by King Abdullah in 2011.
Rick Pudner was speaking at the bank’s Q1 results days after the lender announced he would step down this year.
Before you jump headfirst into the local equity markets, it’s important to gain knowledge of the companies, industries and economy you’re buying shares in.
Some 60 per cent of nearly 20 million Saudis are estimated to live in rented accommodation rather than homes they own.
Michelin-starred chefs Nick Alves and Scott Price have shied away from the rigid confines of three-course dining and experimented with a flexible course system.
The UAE reinstated a visa waiver for Canadian citizens in April which it withdrew amid a dispute over landing rights more than two years ago.
The lure of higher salaries along with shorter working hours and more holidays has seen a large number of Emiratis opting for a public sector career.
The lender posted a net profit of Dhs903 million ($245.8 million) in the three months to March 31, up from Dhs861 million in the prior-year period.
The media law was passed by the government this month but still needs the approval of parliament.
DP World handled 6.2 million TEU in the quarter, compared to 6.6 million in the year-earlier period.
The Dubai bank made a net profit of Dhs837 million in the three months to March 31 compared to Dhs641 million last year.
Sheikh Mohammed said that no horse will run from the Newmarket stable until he is sure the yard is clean.
Supporting smaller firms is a key part of the government’s economic policy but lending growth hit a 22 month low in February.
Emirates Falcon Electromechanical Co specializes in the electro-mechanical building services sector.
The Abu Dhabi carrier is approved to buy 27.3 million shares at 754.74 rupees each on a preferential basis.
The phone is priced at Dhs2,599 and will be available at all major retail outlets in the country.
The Bahrain bank would still have seen Q1 profit of 12.2 per cent without selling its 29.4 per cent stake in Qatar Foundation.
The emirate is rapidly developing new retail space, finds new report.