Dubai’s largest bank is targeting international revenues of around 20 per cent of its total by 2017.
Experts warn developers not to use cheap building materials as they pose a serious fire safety risk.
A survey shows 86 per cent of UAE residents do not have contents insurance.
Best tweeted pictures of the fire that ravaged Dubai’s Tamweel Tower.
They will be detained for 10 days for questioning, an official has said.
Dubai’s government building department will investigate the fire but only for ‘recording’ purposes.
The chain is planning to spend $40 million a year, targeting the Gulf’s population growth.
Muna Ghanem Al Marri has been appointed as the new director of the Dubai Government’s media office.
The kingdom’s biggest real estate developer is planning to expand its assets abroad.
Etihad Airways’ new home will add capacity for an extra 30 million passengers per year.
Several residential and commercial buildings in the city have witnessed fire accidents in 2012.
The new fund has a seed capital of $25 million and will invest mainly in dollar-denominated debt.
The global investment bank can exercise warrants after two years. The lender secured a loan facility for D&S last week.
Dubai World Central is set to become the new hub for business aviation.
The firm’s shares have not traded since last December when it accumulated huge losses.
Gasoil contracts secured at a high premium for Q1 next year. Price is labelled ‘crazy’ by traders.
The building’s owner issues statement of support for residents as blame circulates around building’s materials.
The plant in Ras Al Khaimah will produce one million tonnes of diammonium phosphate fertiliser a year when complete.
The Dubai-based property developer made Dhs567 million from the sale of condominiums in the third quarter.
No casualties reported as huge blaze engulfs Tamweel tower in the early hours of Sunday morning.
The famous Spanish club will have Qatar’s flagship airline on its shirt, replacing the Qatar Foundation.
The project, slated for completion in 2015, includes a luxury five-star hotel, a villa complex and a commercial centre.
The contracting firm was hit by higher costs and dropping contract revenue.
Lender in new investigation into improper payments to win a banking licence in the Kingdom.
Al Madina Real Estate says it will issue a five year $130 million Islamic bond in Q1 next year.
The lender did not provide any reason for his resignation.
HSBC Middle East is taking over Lloyds’ retail, commercial and corporate banking business in the UAE.
Kuwaiti logistics firm sees its net profit reach $34.54 million for the quarter even as it faces charges of fraud.
Abu Dhabi National Energy Company blames loss on construction costs and lower gas prices.
Private sector companies will have to pay $640 a year for each excess foreigner they employ.