The developer reported a net profit of Dhs 1.42bn ($386.6m) for the three months to June 30
The firm made a net profit of Dhs 502m in the second quarter of 2015
The IMF estimated that the UAE’s reform would save it about $500m by the end of this year
Yemeni military sources said the United Arab Emirates had sent in dozens of tanks and heavy artillery pieces to the fighters in recent days
Emaar Misr had previously said that the board would vote whether to amend Alabbar’s position due to his other commitments in the real estate sector
Indians accounted for Dhs 7.8bn of transactions during the first half of 2015, DLD figures show
The airline will also continue its operations at Dubai International
Two communities, consisting of 1,400 and 1,000 villas, will be built for nationals in Wadi Safa and Al Aweer 1
The seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index rose to 55.8 points last month from 54.7 in June
The state-linked builder made a profit of Dhs 601m in the second quarter of 2015
The new project boasts the world’s tallest residential tower, longest indoor ski slope, largest dancing fountain, highest observation deck and highest sky restaurant
The capital’s housing stock saw the lowest level of growth in the last five years, potentially pressuring rents to rise
The real estate investment trust fund will build the facility and lease it to Jebel Ali School
The new service will add 2,900 seats per week between Dubai and Madrid, bringing the total number of weekly seats to and from Spain to over 22,000
Recruitment activity in the United Arab Emirates during Q2 2015 slipped by one per cent from the previous quarter, a new study found
Dubai Metro’s red line saw 55.7 million travellers in H1 2015 while the green line saw 32.4m million riders
The developer made a net profit of Dhs 1.18bn in the second quarter of 2015
The company says only a “small percentage” of its database was breached and that all financial information is secure
The suspects had firearms and explosives and had been in touch with militant groups abroad, a senior official said
Private equity investments in the Middle East and North Africa rose 118 per cent last year, a new report shows
The company has expanded internationally into Lebanon and the United States this year
The airport saw a 17.2 per cent growth in passenger numbers during the first half of 2015
Ian Davis credited Emirates and Etihad Airways with helping the country become a global hub
Only 13 per cent of investment firms expect to raise their equity allocations to the Middle East in the next three months, a survey shows
Marka recently bought Retailcorp, which owns Modell’s, from state-owned conglomerate Dubai World for $60m
The exchanges have established a joint committee which will examine the issue over the next few months
Passenger numbers rose to 11.11 million from 9.48 million a year earlier
The new operating software, launched on Wednesday, has received rave reviews
The bank has revised its average inflation forecast for 2016 to 4.3 per cent from 4 per cent previously
EU foreign policy chief Federica Mogherini has failed to understand Iran’s aims, a senior UAE minister has said