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Editor's Picks

 The Greens, villas: Q1 no change. 3BR - Dh210-250,000. 4BR - Dh210-260,000. 5BR - Dh220-300,000. Q1 2013-Q1 2014 5% rise. Pawan Singh / The National

In pictures: Where Dubai rents have risen and fallen, Q1 2014

Find out how rental prices in the prime locations in Dubai have altered during the first three months of the year and the current rates you will pay according to data provided by Asteco.

 Above, the private pool of Ocean Heights' five-bedroom penthouse flat. Courtesy Christie’s International Real Estate

In pictures: Penthouse flat is height of Dubai luxury living

A five-bedroom penthouse in Ocean Heights in Dubai Marina is on sale for Dh25 million and comes with a private pool and an unparalleled view of Dubai.

 The cooling towers of the Temelin nuclear power plant near the Tyn nad Vltavou in Czech Republic. The country wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units. David W Cerny / Reuters

In pictures: Best business images for the week to April 17, 2014

Here are some of the best business images for the week to April 17, 2014.

 Three generations of the Hakimi family tend to their stall Crawford Market in Mumbai. Subhash Sharma for The National

In pictures: Shopper’s delight at Crawford Market in Mumbai

Crawford Market is an old British-style covered market dealing in just about every kind of fresh food and domestic animal imaginable. Later on renamed Mahatma Jotirao Phule, the market remains popular among locals and visitors by its old name, taken from Arthur Crawford who was the first municipal commissioner of the city.

 The Wind, Energy, Technology and Environment Exhibition takes place from April 14 to April 16. Above, the Dewa showroom during last year’s Wetex. Jaime Puebla / The National

April corporate and economic calendar for the UAE and overseas

From Cityscape to Wetex to stock-market holidays to nations reporting first-quarter GDP figures, here is our helpful calendar of April's business events in the UAE and internationally.

 Get the latest information on credit cards, bank accounts and loan products in the UAE. Mark Lennihan / AP Photo

Rates report: Latest on UAE loans, accounts and credit cards

Souqamal.com brings you the latest interest rates on banking products in the UAE.

Events

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‘In banking, go big or go home’, says ADIB chief behind turnaround

The bank that Mr Al Mahmoud took control of in 2008 was small both inside and outside the country. Today, the bank has assets to the tune of Dh103.2bn and 77 branches.

In pictures: ADIB’s goal to be role model of Islamic banking

Abu Dhabi Islamic Bank has been aggressively expanding its consumer banking business over the past couple of years. And while ADIB’s goal is become a role model for Islamic banking, it is keen to emphasise the ethical aspect of its banking...

Sharjah Islamic Bank first-quarter profit up 30% to Dh110 million

Customer deposits gained 3 per cent to Dh12.3 billion, advancing Dh355.8 million since the end of last year. The bank’s total assets rose 1.8 per cent Dh22.1bn since the last quarter.

Finance

‘In banking, go big or go home’, says ADIB chief behind turnaround

The bank that Mr Al Mahmoud took control of in 2008 was small both inside and outside the country. Today, the bank has assets to the tune of Dh103.2bn and 77 branches.

Finance

An opportunity for both reflection and revelry as DIFC turns 10

The Dubai International Financial Centre celebrates its first decade of existence this autumn and the celebrations will be something on a global scale.

NBF Capital sets up shop in DIFC

NBF Capital is seeking to fill a gap left by international investment banks that have reduced their presence there in the wake of the 2008 financial crisis.

Dubai-based Abraaj acquires stake in chocolate maker Kool Food

Abraaj's third investment in the Morocco since 2012.

An opportunity for both reflection and revelry as DIFC turns 10

The Dubai International Financial Centre celebrates its first decade of existence this autumn and the celebrations will be something on a global scale.

GFH completes sale of Leeds United Football Club

Eleonara Sport Limited will hold 75 per cent of the total shares of the Championship club in England, while GFH will retain 25 per cent of the club.

Shuaa Capital shares rally on Dh8.2m first-quarter net profit

Higher revenues attributed to a strong recovery in the capital markets, a pick-up in the local market for initial public offers, and asset management business.

Swiss bank UBS to relocate head of SWF business to Dubai

The Gulf Arab region is home to sovereign wealth funds such as the Abu Dhabi Investment Authority and Qatar Investment Authority, which pool billions of dollars of oil wealth to make investments across the world.

Firm behind Dubai’s IMG World of Adventures has Dh1.2bn loan arranged by ADIB

The loan will include refinancing of IMG Theme Park’s existing corporate debt and money for the expansion of what will be the largest indoor entertainment park in the world.

Fast digital growth has UAE banks looking to a mobile future

Lenders are spending billions of dollars on technology inside and outside of branches that will reduce customer stress and put their staff to better use.

UAE banks are set to report strong first-quarter earnings

UAE banks are poised to report record first-quarter earnings amid an economic boom and a decline in bad loans.

First Gulf Bank launches life insurance products to boost earnings

There is a gap in the market owing to a high number of uninsured individuals, with products covering debt repayment in the event of death or illness.

Dubai World payment frees funds at Emirates NBD

Emirates NBD says its loan-loss provision shortfall would decline to Dh600 million from Dh8.1 billion.

Industry Insights
Premium business content offered by The National
The Life

What to consider when spending Dh6m on a luxury Dubai apartment

Property expert Mario Volpi explains the five key elements apartment buyers in Dubai should consider when property hunting to ensure they pick a pad that holds its value.

Property

Dubai on housing building spree in ‘secondary locations’, CBRE says

CBRE researchers estimate that developers in Dubai will complete around 17,000 new homes - most of which will be built in mega schemes on the outskirts of Dubai - while another 65,000 homes are planned to be completed over the next four years.

Finance

Emirates Foundation sets out to teach youth about financial literacy

Increasing financial literacy skills and awareness of issues pertaining to sustainability are key to the UAE’s human development, said Hameed Mohammad Al Qattami, the Minister of Education.

SOUND & VISION

Video: Belgium destroys ivory to raise awareness of illegal trade

Belgium is going after the ivory trade, seizing 1.7 tons of ivory to raise attention to illegal trade and the risk it poses to elephant populations.