Reem Island showed the highest rise in prices for the second consecutive year in 2013, comprising around 30 per cent of online property searches.
The developer attributed the profit rise to the timely completion of projects and the handing over of finished units to customers.
Net earnings in the three months to December 31 were 373.3 million riyals, up 1.2 per cent on the same period a year earlier.
Al Rajhi reported a 19.1 per cent drop in fourth-quarter net profit.
The number of deals in Dubai rose 53 per cent from 2012, reaching a total of 63,652, according to the land department.
SABIC earned 6.16 billion riyals in the quarter, not the 6.58 billion analysts predicted.
TDX is the UK’s largest debt placement services and debt management platform company.
The Israeli delegation will be the first at government level to visit the UAE since the assassination of Mahmoud al-Mabhouh in Dubai.
Saudi Arabia started opening up its aviation market in 2012 by awarding additional carrier licenses.
Ukraine-UAE inbound market set to double.
The academy aims to equip entrepreneurs with practical skills and knowledge they need to become future businesspeople.
Around 49,000 LinkedIn members have moved to the UAE in the last 12 months.
Ahmed al-Qassim was appointed chief executive of Dubai Group last week.
Bombardier has so far seen slow orders for the CSeries after several months of development delays.
The new project, called The Boardwalk, will run across the whole of the existing crescent with a pier at either end.
The UAE attracted FDIs worth $12 billion in 2013 owing to increased government spending and resurgence in some service sectors.
Syrian National Coalition is expected to decide this week whether to take part in the Geneva-2 conference in Switzerland.
IBB was majority-owned by another Qatari lender, Qatar International Islamic Bank.
Aziz Aluthman Fakhroo, a Qatari national and a director at the fund’s mergers and acquisitions team, left late last year.
The airport’s passenger terminal will be opened with a larger-than-planned capacity of 30 million.
Reconciliation talks were suspended last week in a setback for efforts to stabilise the country.
An Abu Dhabi company plans to bring the region’s first ever salmon farm to the capital.
Etisalat Nigeria could raise $400 million by selling its transmitter towers.
The phone, priced at Dhs1999, will be available in the country by the end of February.
Mohammed Ali was handed a three-year jail term and ordered to pay fines worth 600,000 rials
Samba attributed the profit rise to an increase in operating income.
The company said more income from data and business clients were the reason for the quarterly and annual profit increases.
An international donor conference in Kuwait is intended to help the UN reach a $6.5 billion aid target.
Results were boosted by the $38.8 million payout from insurers after the bank was the victim of a major cyber fraud case.
GFH bought Leeds United in December 2012 through its Dubai-based subsidiary, GFH Capital.