The United Arab Emirates' central bank has told lenders to extend maturities on certain personal loans held by UAE citizens by more than four years, the latest initiative aimed at reducing their debt burdens.
August 16, 2012 3:57
Abu Dhabi National Energy Co (TAQA) said on Tuesday that second-quarter net profit edged up 3 percent to 447 million dirhams ($122 million) in the second quarter from 435 million a year earlier.
August 14, 2012 9:56
Aldar Q2 net profit 417.9 mln dirhams; Revenue at 4.6 bln dirhams vs 775.6 mln dirhams; Co says yet to receive 12 bln dirhams from govt; Merger talks with Sorouh under way
August 9, 2012 10:09
Abu Dhabi, Dubai and Sharjah top the list of Middle East’s best cities to live and work in.
July 24, 2012 11:33