Noor Islamic Bank, the newest Islamic bank in Dubai, posted a net profit of Dh511 million for its first full year of operation that ended on December 31, 2008. While the total assets of the bank were at Dh21.8 billion, the total deposits touched Dh12.4bn as of December 31, 2008. And Abu Dhabi Islamic Bank (Adib) yesterday reported a 9.8 p ...Read More

Angels in the UK are making a lesser return on start-up investment than their US counterparts, new research suggests.  Angel investors make an average internal rate of return (IRR) of 22% and 27% over four years in the UK and the US respectively.  Industry bodies are therefore calling for tax incentives for angel investments ...Read More

Small businesses need to increase their online presence in order to increase profits, according to the latest research. Forty-six percent of the UK’s smallest businesses are operating without a website and risking low visibility, the new study reveals.Although 41% of these companies recognise the value of ...Read More

A recent study supports the theory that great entrepreneurs are born, not made.  The study also suggests that personality type may prove to be more important than education in determining long-term success.Nature or nurture?A research initiative commissioned by O2 was carried out to determine whe ...Read More

Deyaar Development, a Dubai-based real estate company, has partnered with leading UAE banks to offer competitive financing options to its customers.   ...Read More