Th central bank says it will consult commercial banks in the UAE before issuing a new ruling on lending.
The Abu Dhabi- based real estate developers are merging to form a new entity with Dhs47 billion in assets.
German luxury car maker hopes to sell 20,000 vehicles per year by 2020.
The government has mandated four banks to arrange the Islamic bond, according to sources.
The emirate’s property market posted a strong recovery in 2012 with upward trends for sales and leasing, says CBRE report.
Property consultant Jones Lang LaSalle outlines the key factors that will impact the UAE’s property market this year.
Abu Dhabi airline become the cultural icon’s exclusive international airline partner
Sorouh will be dissolved as part of the merger, and the new entity, called Aldar Sorouh Properties, will have over $47 billion in assets.
The central bank governor has reportedly claimed that the new rules are not imminent.
The Abu Dhabi-based property developers will merge through a share swap, according to sources.
The airline operates the largest A380 fleet globally and will be “a powerful tool” to further Dubai’s bid.
South African energy minister says Abu Dhabi- based Masdar has expressed interest in the African nation’s renewable energy programme.
The 55-level development includes 280 residences and is part of the Dubai Mall expansion project.
More than 40 per cent of flydubai’s new routes last year concentrated on CIS and Central and Eastern Europe destinations.
Abu Dhabi’s new water theme park will offer never-before-seen rides and thrills when it opens next week.
The Dubai-based cruise liner will be renovated into a 500-room luxury hotel.
Etisalat has submitted interest in buying the 53 per cent stake in Morocco’s Maroc Telecom, valued at around $5.8 billion.
Gulf Business spotted a number of innovative cars and motorcycles at this year’s World Future Energy Summit in Abu Dhabi.
The Gulf state posted a GDP growth of 4.2 per cent in 2011.
VIDEO: Golf Digest Middle East editor Robbie Greenfield reflects on a mouth-watering contest between Tiger Woods and Rory McIlroy.
The central bank is believed to be cooperating with the EBA on the plan.
Tony Douglas, CEO of Abu Dhabi Ports Company, reports on delivering phase one of the capital’s most ambitious project to date.
The UAE produced around 2.60 million bpd of crude in December and November last year.
Regional airports were warned today to remain vigilant from ever-present security threats.
The mortgage lender is in talks with a creditor committee and Dubai’s largest banks.
The Dubai developer has denied reports it is planning to list its malls business.
Emirates Hills comes joint top with the Palm in poll by local property portal.
A new AED300 million project underway includes seven floors of new offices for international organisations
Abu Dhabi airline’s arrival in May will help boost Netherlands-UAE trade links, currently valued at $3.6 billion
Tim Clark tells Gulf Business the airline industry will continue to face problems in 2013.