The most significant price rise was seen in villas located in premier locations, finds new report.
Tamweel has been the focus of a full takeover offer by its majority shareholder Dubai Islamic Bank.
The new range of BlackBerry smartphones are expected to determine the future of Canada-based Research In Motion (RIM).
ADCB’s fourth quarter profit rose on higher net-interest income and lower provisions.
The lender’s profits were boosted by higher interest income and Islamic financing.
Most of its staff moved to Khalij Islamic, another investment firm with offices in London and Dubai, says sources.
Banks taking part will also be chosen for future work.
The Dubai index is buoyed by foreign investors buying into the emirate’s economic recovery.
National Bank of Abu Dhabi attributed the profit increase to higher investment and interest income.
The port operator posted a 2.4 per cent rise in gross volume from 54.7 million in the previous year.
The financing for the Jorf Lasfar plant is the largest in over a decade for an international project in Morocco.
The emirate welcomed over 2.3 million hotel guests last year, up 13 per cent from 2011.
New services to Haneda Airport will provide Japanese exporters and passengers more flexibility when connecting to the airline’s global network.
The UAE-based lender plans to launch a conventional bond in the coming few days, say sources.
The handover will save Emarat around Dhs80 million every month.
Airport beats forecasts by one million and has London’s Heathrow “firmly within its sights”.
Trade exchanges between the two countries reached $5.3 billion during the first half of the year.
Property firms Aldar and Sorouh agreed on an all-share merger last week creating a company with $13 billion in assets.
The Higher Committee will use the World Economic Forum to promote Dubai’s bid.
International investors may be allowed to start businesses in the UAE in partnership with nationals from the wider GCC region.
Emirates National Oil Co (ENOC) was the biggest buyer of Iranian condensate in 2012.
The UAE central bank is still holding negotiations with the Emirates Banks Association and no rule has been issued as yet.
Nakheel made a Dhs2.02 billion ($550 million) profit last year, on revenue up 91 per cent to 7.8 billion.
The two-tranche bond includes a $500 million 30-year conventional bond and a $750 million 10-year Islamic bond.
The much-awaited new smartphone line-up from RIM will be launched in Dubai and five other cities on January 30.
The sector is receiving interest from investors because of double-digit growth.
The emirate issued a $750 million 10-year sukuk, as well as a $500 million 30-year conventional bond.
Around 14,000 people are now employed in the Dubai International Financial Centre.
The company, which is expanding rapidly, aims bid for Egypt supermarket chain Metro in the first quarter of 2013.
The firm is currently in the process of a complete takeover by Dubai Islamic Bank.