Sky City, China’s most ambitious development, has faced criticism over its nine-month deadline.
The latest developments in fracking technology will not affect GCC oil demand negatively.
The profit increase came despite a 20.9 per cent jump in impairments.
The pharmaceutical company said that sales during the first half of the year rose 11 per cent.
The operator said that data services and postpaid customers are driving revenue growth.
The Dubai developer says it has slashed service charges across many of its properties in Dubai.
No injuries have been reported and an investigation is underway.
The Dubai developer says it has started receiving fresh interest from investors for the stalled development.
Land Cruiser leads the sales in the SUV category while Prado and Rav4 also has recorded considerable growth in H1 2013.
The Indian capital markets watchdog has expressed reservations that the control of Jet stands the chance of passing into foreign hands post the deal.
The lender is rapidly diversifying its presence, both domestically and internationally.
Prominent Indians have influenced and enriched the everyday lives of people in the UAE over time.
The UAE’s largest lender made a net profit of Dhs2.6 billion in the first half of the year, on the back on increased revenues.
With one of the highest mobile penetration rates in the world, the UAE recorded strong growth in the telecoms sector last year.
The UAE telecoms operator is planning to buy the French firm’s 53 per cent stake in Maroc Telecom for 4.2 billion euros.
As Dubai inspires growing investor confidence, its debt problems remain a cause for concern.
Marte Deborah Dalelv, 24, had been awaiting an appeal hearing of her 16-month sentence.
The residential sales market continued to grow due to UAE’s safe haven status while rents stabilised after a growth spurt in Q2 2013.
The lender made a net profit of Dhs972 million in the three months to June 30.
The cyber attacks reportedly originated from Egypt.
The performance of the logistics firm was boosted by growth in core Gulf and African markets.
Adnan Chilwan, who was previously deputy CEO at the bank, replaces Abdullah Al Hamli as the new chief executive.
Ali has held the role of acting CEO since August 2012 following the departure of previous CEO Jeff Singer.
Increased cost of living and work-related issues are the main reasons causing stress, finds survey.
The services sector, along with the electronics sector, accounted for over half the increases in consumer complaints this year.
The firm made a net profit of Dhs69.5 million in the three months to June 30, compared with Dhs10.2 million in the same period of 2012.
Industry, finance, transportation, real estate and construction are some of the other key sectors driving economic growth in the emirate.
Despite government efforts, food prices are rising throughout the Holy month with coffee, tea and cocoa up by 5.4 per cent since Ramadan began.
The Manchester City owner sold all of his stake in the British bank after helping to rescue the lender during the financial crisis.
Nicolai Tillisch explains how a place like Dubai can make you substantially more creative – and the shortcuts you should avoid.