Mobile collaboration and Bring Your Own Device will open up opportunities worth Dhs17.9 billion in Dubai by 2019, says Shukri Eid, director at Cisco Consulting.
The state-owned company might use some of the proceeds from a $1.5 billion long-term loan for its expansion plans.
About 12,000 apartments and over 2,000 villas will be added to the city’s existing inventory in 2015, Asteco said.
The bank’s net attributable profit for the last quarter of 2014 was $106.2 million.
The bank made a net attributable profit of $36 million for the last quarter of 2014.
The project will involve building processing facilities, wellheads and pipelines for gas in Turaif.
Sheikh Hamdan is now the second most followed leader in the UAE on Twitter after Dubai’s Ruler Sheikh Mohammed bin Rashid Al Maktoum.
Ma’aden shut the facility in Ras Al Khair from January 23 for about 30 days.
The grouping will evaluate projects in the Turkish region including the development of lignite power plants.
The contract involves providing management consultancy services for all elevated and at-grade sections of the metro project.
If Brent crude stays at its current level of around $60 a barrel in the coming year, some believe Kuwait could run a budget deficit.
Net profit in the three months to Dec. 31 was KD14.3 million.
A spate of high-tower fires sends out a worrying picture of Dubai to the world.
The projects include upgrading liquefied gas and refinery facilities for national oil firm Saudi Aramco, the company said.
The blaze gutted the two-storey building, which contained seven shops on the ground floor.
The virus has infected close to a thousand people, killing some 360 of them – the vast majority in Saudi Arabia.
Target markets include Ghana, Mozambique, Angola and Nigeria, as they are benefiting from blossoming oil and gas sectors.
Sources said the deal could close by the end of the first quarter.
The Middle East is the largest market driver in the industry with billions of dollars spent annually on buying military equipment.
No fatalities were reported at the time of publishing.
Its original debt deal was signed in 2011 and covered around KD1 billion.
Almost 57 per cent of online shoppers in the UAE made a purchase via a smartphone in the last 12 months, a new study says.
The potential deal is the latest sign of consolidation after the start of merger talks in 2013 between Bank Dhofar and Bank Sohar.
Abu Dhabi Commercial Bank (ADCB) will meet investors in Europe, it said.
Arqaam has offices in five countries in the MEA and offers brokerage, asset management and corporate finance advisory services.
Brent oil traded below $59 per barrel as U.S. crude inventories were expected to hit record highs.
The new senior managers are expected to help the Dhs10 billion project open as scheduled in 2016.
The airline will fly four times per week to Doha, bringing the total number of destinations from its Ras Al Khaimah hub to nine.
Nakilat made a profit of QAR201.6 million in the last quarter of 2014, up from QAR176.5 million a year earlier.
The new projects will be developed by the Wasl Asset Management Group across Dubai.