The Securities and Commodities Authority has circulated draft rules that treat sukuk and non-Shariah compliant debt separately.
Mall of Qatar’s general manager says the complex will set the standard for malls internationally.
Tougher penalties and strict law enforcement are needed to stamp out intellectual property fraud in the UAE.
The DFM General Index climbed 1.3 per cent to 3,199.88, the highest since October 2008.
MubasherTrade report forecasts low-to-mid-single digit economic growth rates in the Middle East in 2014.
The 10-storey, 270-unit tower aims to serve professionals working to build the Expo 2020 venue.
The five-year facility was obtained from a group of seven banks, said bankers.
Mahdi Amjad, CEO of real estate company Omniyat says impact of the win was felt “from the first minute the results were announced.”
The telecoms firm agreed an $8 billion loan in April to finance its acquisition of a 53 per cent stake in Maroc Telecom.
Oman, Dubai and Abu Dhabi are each investing in building additional cruise terminals.
The most powerful gaming console ever goes on sale in the UAE at midnight on Thursday 12 December.
The firm is also planning to launch an asset management and wealth management business next year.
Dubai has the required production infrastructure and services to become a global media hub, says study.
The country ranks second in the Middle East in terms of both its ultra-high net worth population and overall wealth.
The energy company hopes that the staff-cuts will result in a saving of over $20 million in 2014.
The developer said it has instructed Deutsche Bank, the registrar and paying agent for the sukuk, to pay the amount to trade creditors.
The document is issued immediately via a secure website and can be obtained online from anywhere in the world.
Will Dubai’s massive fashion industry investment propel it to the big league?
The Middle East’s largest cinema group has aggressive plans to expand into Qatar and Bahrain in the coming year.
The lifestyle development, located within DWC, will include a golf course, hotels, retail outlets and a business hub.
If you are still frantically searching for that elusive “perfect” Christmas gift, Gulf Business offers tips for unique and festive gift options.
The second and third most popular buzzwords in the UAE were ‘effective’ and ‘strategic’.
The Abu Dhabi carrier is expected to decide on whether to buy a stake in the troubled Italian airline “just before Christmas”, a source said.
Global operator plans to have 10,000 rooms in the city by 2020
Both du and Etisalat have said they will no longer offer the new social media service.
Dubai will spend $8.1 billion on roads, an airport, hotels and an extension to its rail network in preparation for the 2020 world fair.
The firm will focus on investing in high impact Middle East tech start-ups, say founders Paul Kenny and Arya Bolurfrushan.
The $1 billion project will offer 479 rooms and suites and 222 Viceroy Residences with sea views.
Abu Dhabi has grand plans to develop its permanent cruise terminal facility to cash in on the emirate’s growing cruise tourism market.
The group hopes that the investment will create employment opportunities for around 1800 to 2000 people.