Sheikh Mohammed bin Zayed al-Nahyan replaces President Sheikh Khalifa bin Zayed al-Nahyan at the head of the fund
The company is seeking to agree a $2.69bn debt restructuring plan with investors
Housing and utility costs, which made up 44 per cent of all expenses, rose 7.8 per cent year-on-year
The deal is expected to increase Japanese investments in Oman
Ahmed Mansour, a talk show host on the channel’s Arabic service, was detained in Germany after an international police warrant was issued by Egypt.
A survey by the online travel site found that Western expats in the UAE travel most often for business
No details have been disclosed as yet about where or when the joint investments would be made
As per the law, all financial institutions in the UAE are now required to disclose information about financial accounts held by US citizens
The country recorded a 4.6 per cent rise in real GDP last year with nominal GDP reaching Dhs 1.47 trillion
The King Abdullah City for Atomic and Renewable Energy announced the cooperation deal on its website
Exports fell to 7.737 million bpd from 7.898 million in March when they hit their highest levels in almost a decade
Russia and Qatar could be stripped of their FIFA World Cup hosting rights if evidence emerges of bribery in the bidding process, a senior official has said
WikiLeaks published more than 60,000 documents on Friday it says are secret Saudi diplomatic communications
A total of 2,284 Saudis have joined militant groups in Syria since the conflict began in 2011
increasing e-commerce spend and a push by governments to encourage cashless transactions are easing more and more consumers into smart payments
Many family firms think they can continue to prosper by modernising themselves without big changes to ownership or control.
Dubai’s ENOC, which owns 54 per cent of Dragon Oil, raised its offer this week to buy out the minority shareholders
In the past two years, Natixis has increased staffing levels in Dubai by around 50 per cent to 45 people
The talks follow OPEC’s meeting on June 5 in which the group kept its output policy unchanged
Passenger traffic at Dubai International rose 5.7 per cent year-on-year in April 2015
The UAE’s peace levels have deteriorated by 14 per cent over the last eight years.
The police chief said the seizure was made possible by information arising from the capture in May of a vehicle containing similar explosives
Emaar Misr is floating 12.99 per cent of the company, amounting to 600 million shares
The Airbus A319 aircraft is fitted with an all-premium class configuration with 40 seats
Elseco’s CEO expects satellite insurance revenue to reach about $120 million in 2020, while a greater focus on aviation and energy would earn about $300 million combined.
Ahmad bin Abdelaziz Al-Fares replaces Abdulrahman bin Saleh Al-Ruwatie, who was the acting director-general of the GSFMO.
Abu Dhabi-based Emirates Development Bank has been created by the merger of Emirates Industrial Bank and Emirates Real Estate Bank
The electronics retailer is also looking to enter the Saudi market next year, a senior official said.
Dubai and Abu Dhabi were also ranked most expensive cities for expats in the Middle East, according to a new survey
The facility will support its expansion plans and provide the energy firm with long term funding