A remarkable 21.5 per cent jump in Dubai's corporate earnings year-to-date has spurred the GCC aggregate corporate earnings growth to 12.1... A remarkable 21.5 per cent jump in Dubai's corporate earnings year-to-date has propelled the GCC aggregate corporate earnings growth to 12.1 per...

RAK Petroleum, the UK-registered and Oslo-listed oil and gas investment company, has announced a consolidated net profit of $31 million for the first six months of the year compared to a full year figure of $54.8 million last year.  The company holds a 40.45 per cent interest in DNO,...

This ambitious, stylish and quirky concept in DIFC is one you need to try - if you haven't already We’re not going to recommend you dine at Intersect by Lexus simply because we enjoyed our time there. We want you to check the place out because we’d like know whether you thought it...

Abu Dhabi Islamic Bank started marketing the notes on Wednesday DUBAI - Abu Dhabi Islamic Bank said on Saturday it has raised S$750 million of additional Tier 1 through a perpetual sukuk that complies with the Basel III regulatory framework issued by the Central Bank of the United...

As workplace reforms sweep across the UAE, and people stay in their roles for longer, is the end-of-service benefit policy now due for an overhaul? “It’s past its sell-by date.” ... “It’s an iceberg.” ... “Few question how it will be funded.” You don’t have to ask too many...

The Abu Dhabi-based alternative investment firm is among more than a dozen bidders seeking to buy the bulk of Abraaj's private equity funds ABU DHABI - Abu Dhabi Financial Group (ADFG) has submitted a revised bid to acquire the management rights for the Middle East funds of stricken...

Managing director Bryan Stirewalt will step up to replace Ian Johnston, who is retiring Dubai Financial Services Authority (DFSA) is to appoint Bryan Stirewalt as its new chief executive. Stirewalt, who has worked for DFSA for 10 years, including the last eight as managing...

Emirates service between Dubai and London has been named as the world's sixth busiest in 2017, with more than 3 million passengers carried The Emirates service between Dubai and London has been named as the world's sixth busiest in 2017, with more than 3 million passengers carried....

Dubai has become the most well-connected transport hub in the Gulf region: Forbes UAE - The Middle East and GCC countries, namely the fast-growing cities, have been in an endless competition to be crowned the region’s commercial capital, Forbes said. The likes of Beirut and...

Company to deliver Marbella Villas and Angel Bay by the first half of 2021 RAK Properties has announced that it plans to build two new projects at its Mina Al Arab master development in Ras Al Khaimah. The company is set to build a 205-villa and townhouse community known as...