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Nokia charging back with full force
Saudi government websites targeted
Abu Dhabi lender Union National Bank's fourth-quarter profit fell 19.2 percent after the bank set aside more money to meet potential loan losses arising from exposure to Dubai Holding Group entities.
February 7, 2012 3:22
Dubai's Emirates airline has hired three local banks to arrange a 1.9-billion dirhams ($517.3 million) Islamic loan facility to finance three aircraft, the chief executive of one of the banks confirmed on Tuesday.
February 7, 2012 3:12
Now that the world is watching, what can Dubai do to stay in the spotlight? Precious de Leon mulls over the possibilities, looking at how Abu Dhabi is shaping up.
February 5, 2012 5:01
Deyaar Development, Dubai's second largest developer by market value, swung to a small profit in 2011, it said in a statement to the Dubai bourse on Sunday.
February 5, 2012 12:48
Q4 earnings fall almost 59 pct - Reuters calculations; Net interest, Islamic income down 15 pct in 2011; Fee, commission income fall 8 pct; Provisions decrease 32 pct in 2011
February 2, 2012 1:35
Dubai Islamic Bank (DIB), Dubai's largest sharia-compliant bank by assets, posted a 25 percent rise in 2011 net profit, the lender said in a statement on Thursday.
February 2, 2012 1:00
CEO says 2012 outlook uncertain; Aramex Q4 net profit of 57.2 million dirhams; Quarterly revenue up 18 pct to 682 mln dirhams
February 2, 2012 12:57
Full-year net loss 1.57 bln dirhams vs 1.53 bln dirhams; Q4 net loss 68 million dirhams - Reuters calculation; Shares drop 8 pct after results
February 2, 2012 12:55
Recent downward pressure on FOB Indian price; White sugar premium is comfortable for refiners; Refinery's capacity is around 6,000 tonnes per day
February 1, 2012 1:04
UAE utility firm Tabreed is bullish on growth this year with its projects fully funded, its CEO said on Wednesday, after posting fourth-quarter results which more than doubled from the previous year.
February 1, 2012 12:57
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
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
Conglomerate Dubai Investments, whose manufacturing business was hit by political unrest in Libya and Syria last year, swung to a quarterly loss on Monday, hurt by lower asset valuations.
January 30, 2012 3:05
Q4 profit 31 mln dirhams from 8 mln dirhams in Q4 2010; Full-year net profit 101.9 mln dirhams; Tamweel shares up over 7 pct this year
January 29, 2012 3:55
The chief executive of Dubai lender Emirates NBD's investment banking division is leaving the bank, three sources familiar with the matter said.
January 29, 2012 12:35
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
