Rents in Ajman are growing as budget-conscious residents move from Dubai and Sharjah, where rents have soared, finds Asteco.
Islamic lender Masraf Al Rayan did not disclose the sale price or other details of its recent sale of Seef Lusail Real Estate Development Co.
The state-run utility made a profit of QAR417 million ($115 million) in the three months to June 30 compared to QAR436 million in the prior-year period.
The transaction follows a letter of intent to acquire one CS300 aircraft and another option that was announced in February 2014.
Net profit in the three months to June 30 jumped to Dhs6.2 million ($1.7 million) from Dhs1.3 million a year earlier.
Bahrain expelled Tom Malinowski last week, saying he had “intervened flagrantly” in the country’s internal affairs by holding the meeting.
The deal is the biggest U.S. arms sale so far this year, according to media reports.
Airbus said it was working to fix problems with the A380 planes after Qatar Airways, which should have taken delivery of its first A380 in May, rejected the first three aircraft.
QFC Authority said Al-Thani would help it strengthen its business environment for domestic and foreign firms.
The firm made a net profit of SAR288 million ($76.8 million) in the second quarter, compared with SAR307 million in the corresponding period of 2013.
Up to 350 million users generated a record Facebook “conversation” with three billion posts, comments and likes.
The order is for engines that will power the 150 777X jets that Emirates is buying from Boeing.
San Francisco becomes Etihad’s sixth US destination.
The settlement, signed over the weekend, caps months of negotiations.
Shisha cafes benefitted the most as they drew late night crowds with suhour menus and live streaming of soccer games.
The Islamic lender made a net profit of $107 million during the three months to June 30.
The A330neo will have a range increase of up to 400 nautical miles, with room for up to 10 extra seats in the cabin.
Abraaj’s investment will help increase patient capacity, add new services and ramp up human resource training in the hospital.
Airbus confirmed earlier on that it would launch a revamped or “neo” version of the larger A330 wide-body jet.
National Beverage Company (NBC) manufactures and distributes Coca-Cola, Pampa, and other products in Lebanon.
The majority of high net worth business owners prefer consulting lawyers and accountants over their private banks for planning their wealth transfer to their successors, a new study finds.
Twitter users in the UAE are prohibited from tweeting content that is contrary to public morals and the principles of Islam.
The company said that its shareholders had approved issuing a bond that would allow a strategic investor to buy into the company.
The updated version of the jet will be five per cent cheaper to operate, an executive said.
The firm made a net profit of SAR613 million ($163.5 million) in the second quarter compared with SAR670.5 million in the same period of 2013.
The company said it made SAR639 million ($170.4 million) in the second quarter, compared to SAR693 million in the same period a year ago.
The Qatari lender said it had agreed to sell its 50 per cent stake in Seef Lusail Real Estate Development.
Policymaking complacency and the launch of larges scale projects such as Mall of the World could lead to property bubble, finds report by the Bank of America Merrill Lynch.
NCB said the growth was driven by an 8.3 per cent year-on-year increase in net special commissions income.
The stake was acquired from a group of investors including private equity firm Jadwa Investment.