Although the new SME law passed by the UAE will encourage the sector, more needs to be done, says expert.
The logistics firm is eyeing acquisitions and joint ventures in Africa, Central Asia, and Asia.
The low-cost carrier puts its rise in passenger traffic down to its expansion plans.
The Abu Dhabi carrier recorded a 17 per cent rise in revenues while passenger numbers rose 23 per cent.
The Abu Dhabi-based developer, currently in the process of a merger with Sorouh, made a fourth-quarter net profit of Dhs200 million.
The bank’s profit rose on the back of increased fee and investment income.
Under new regulations, the prices of these medicines will be cut between one and 40 per cent.
The emirate’s detailed new standards are expected to provide assurances for sukuk holders and traders.
The expansion comes after the Sultanate signed MoUs with India and Pakistan to boost air services last November
Jameel Abdullah al-Molhem is the latest in a line of senior executives to leave the company.
The Abu Dhabi-company put the increase down to its shares in aviation investee company Aercap.
The Dubai-listed firm posted a net profit of Dhs68.7 million in the fourth quarter of 2012.
Jeddah-based Gulf Installments will focus on offering Sharia compliant services to SMEs in Saudi Arabia.
Sheikh Mohammed has ordered work to start on the Dhs2.5 billion Nakheel Mall project in Palm Jumeirah and Dhs800 million Pointe project.
The energy firm is currently restructuring a $920 million Islamic bond.
Can-Can is perfectly anonymous but also perfectly convenient, particularly if you’re paying the bill.
The new smartphone, launched globally on Wednesday, received positive reactions.
The market rose 9.5 per cent in January, mainly driven by a rise in bank shares.
Although revenues rose 20 per cent during the quarter, the developer’s profit was hit by rising costs.
A government source said Etihad was in talks to pick up a 24 per cent stake in Jet for $330 million.
The property firm, which is in the midst of a merger with Aldar, posted a net profit of Dhs118.9 million in the fourth quarter of 2012.
The lender’s profits rose on lower impairments and increased non interest income.
The new touch screen smartphone will be priced at Dhs2,599 in retail stores.
Golf Digest Middle East editor Robbie Greenfield with interviews and analysis on the historic tournament.
Earnings from international clients rose four per cent in 2012.
Simultaneous launches took place around the world including in Dubai.
The most significant price rise was seen in villas located in premier locations, finds new report.
The firm, owned by Saudi billionaire Prince Alwaleed Bin Talal, has formed a sharia board to raise more of its funds through Islamic finance.
Tamweel has been the focus of a full takeover offer by its majority shareholder Dubai Islamic Bank.
The new range of BlackBerry smartphones are expected to determine the future of Canada-based Research In Motion (RIM).