UAE’s NBAD Q4 profit misses forecasts on impairments
Q4 net profit AED 724M vs AED732 million a year ago; Analysts forecast profit of AED756.4 million for Q4; Q4 impairment charges AED482 million vs AED424 million
January 31, 2012 3:05
UAE mall group MAF launches $400M sukuk
Dubai mall developer Majid Al Futtaim (MAF) Holding launched a $400 million five-year Islamic bond, or sukuk, at a profit rate of 5.85 percent, tighter than guidance.
January 31, 2012 3:02
Abu Dhabi tried to get Aldar off Mubadala books
Mubadala helped with bailout of struggling developer in 2011; Sources says talks held to shift Aldar to another entity; Aldar received nearly $10 billion in financial aid last year
January 31, 2012 2:56
Dubai airports’ 2011 cargo volume up slightly
Dubai's two airports handled 2.3 million tonnes of cargo in 2011, slightly up from the previous year, as links between the emirate's air freight operations and sea ports improved, their operator said on Monday.
January 30, 2012 3:12
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24