Net profit rose to 26.4 million Kuwaiti dinars in the three months to the end of December compared to 11.8 million dinars a year earlier.
Saudi Arabia’s intelligence chief has said the kingdom is looking at a “major shift” in relations with the United States.
The degree underscored concern about Saudis hardened by battle in Syria coming home to target the ruling royal family.
The small Dubai team managed $425 million of assets at the end of 2013.
The IMF raised last week its 2014 UAE growth prediction to 4.5 per cent, but warned of a potential property bubble.
The Abu Dhabi Crown Prince said “we have passed through a difficult crisis.”
A bulk of local recruitment in banks is happening at graduate level, which needs to be accompanied by a sound retention strategy.
Residential sales prices also shot up by 60 per cent last year, says a new report.
The amount raised will be used for the company’s general operating expenses and to fund some of its aircraft deliveries.
The Dubai-based construction company is targeting young recruits for the new roles.
Saudi Arabia provided the most visitors from another GCC country.
Saudi Arabia’s advisory body will rethink its decision about reducing working hours in the private sector following an appeal by some of its members.
GDP growth in 2014 for the emirate has been forecast at 6.7 per cent.
The contractor will provide MEP works for the mall’s redevelopment project.
Mohsin Nathani will replace Jonathan Morris, who has resigned from the bank for personal reasons.
The group posted sales of $90.1 million in 2012, according to its financial statements.
The sale includes high-end residences and serviced apartments and two five-star hotels within the Dubai Pearl project.
The merger is being carried out through a share swap of 11 Al Salam Bank shares for every one BMI Bank share.
The company said it was recommending a five per cent bonus share dividend to shareholders for 2013.
Gallacher began the day two shots clear of world number six Rory McIlroy.
In a recent sermon Youssef al-Qaradawi condemned the UAE as a country which was against Islamic rule.
The mall – measuring 2.5 million sq ft – will operate 400 stores and a 20-screen cinema.
The 14-times major winner birdied the last three holes for a one-under-par final round of 71 on the Majlis course.
The bank is on a hiring spree as it grows its commercial business and expands overseas.
The company made a net profit of Dhs76.4 million in the three months to December 31.
SEC said at the beginning of January that it had chosen banks to arrange the riyal-denominated transaction.
Abu Dhabi-based Etihad is reportedly planning to buy a 40 per cent stake in the struggling Italian carrier.
Ras Al Khaimah inks partnership deal with Air Arabia in order to sustain its tourism growth plans
Opening of Rixos Bab Al Bahr in Ras Al Khaimah likely to spur regional interest in nascent sector
Emaar’s latest launch brings in Arabesque-styled villas in the Arabian Ranches expansion.