Reports claimed that the Dubai contractor laid off hundreds of staff following the departure of CEO Hasan Ismaik.
The deal will see the light rail system starting to operate in 2018-20 in Lusail City.
Gulftainer will invest up to $100 million in equipment and employees to operate a container and cargo terminal at Port Canaveral.
The development will include three office buildings overlooking Crescent Plaza, which houses luxury retail outlets and F&B options.
The increase in tourism numbers was spurred by the launch of a daily Emirates flight route to Lisbon back in July 2012.
Saudi Arabia has become a major importer of hard and soft wheat since abandoning plans for self-sufficiency in wheat in 2008.
Randall faced waves of uncertainty when UAE water exports were banned. The Masafi CEO reveals how he got the ship firmly under control with a new plant in Turkey.
The tramway’s stations are also almost complete, confirms RTA chairman Mattar Al Tayer.
Oil prices neared nine-month highs late last week, touching $115 a barrel.
Paris and London are the second third most favoured destinations, according to a study by Private Jet Charter.
Taiwan’s Quanta will begin mass production of Apple’s first smartwatches from July, in time for an October launch, sources say.
Under the proposed new arrangement, the Reserve Bank of India would buy the dollars from authorised currency dealers, instead of the Indian oil buyers tapping the currency market.
Microsoft’s latest gaming console will also be available with Kinect for Dhs2,199.
A senior U.S. official said Obama had not yet decided on a course of action.
The threat has been issued by Anonymous, a politically motivated group of hacktivists, according to Symantec.
Experts, including the IMF, have called for more regulations to govern transactions in Dubai’s off-plan property market.
The level of Aabar’s stake in Arabtec is important because the deep-pocketed fund has backed the construction firm’s expansion to become one of the region’s largest builders.
The investment firm will acquire 250 million shares from the ruling family of Ras Al Khaimah.
The Beetle Turbo is a marriage of the best of Volkswagen’s engineering.
Al Hilal will meet investors in the Middle East, Hong Kong, Singapore, London and Switzerland between June 15- 23.
JP Morgan is acting as the global coordinator for the bond sale.
The UAE’s strong economy and job opportunities attracts expatriates, writes Dr Claire Moxham, director of studies, online management programmes at the University of Liverpool.
The channel will serve as an official source of news on the federal government’s activities.
Rebranding is a complicated and expensive process, writes Anthony Ryman, managing director of grow, a brand consultancy in Qatar.
His comment came in the wake of fresh allegations made by Britain’s Sunday Times newspaper about the award of the Cup to Qatar.
The lender did not give a size or time frame for the potential sale of the unit.
Large fees being charged by the UAE’s TV providers to watch the football World Cup are not going to encourage interest in the tournament, says Robert Anderson.
Passenger traffic at the Abu Dhabi International Airport surpassed 1.6 million in April.
Britain’s Sunday Times has printed what it says are leaked documents showing bribes were paid to secure the event for Qatar, which Qatar denies.
The world’s tallest commercial tower, the ‘Burj 2020’ will form the centerpiece of the development.