The first phase will consist of 100,000 units to be built in Egypt’s El Obour and Badr districts.
Air traffic disruptions have been confirmed in Dubai and parts of Saudi Arabia.
The law reduces the minimum “free float” of shares in company flotations on the UAE’s two main stock markets to 30 per cent from 55 per cent.
The UAE is building an LNG import facility in Fujairah, known as EmiratesLNG, with a capacity of nine million tonnes a year.
An onboard warning system in cockpits alerted the pilots of an impending collision, averting a major accident.
The commission is hoping that the growing commercial links between the two countries will help restart a stalled FTA agreement.
Foreign direct investment (FDI) to the UAE, which although grew 25 per cent in 2014, did not reach the estimated amount of $14.4 billion.
Yemen’s state news agency Saba, which is under the control of the Houthis, said the camp at Haradh was hit by Saudi planes.
Sultan bin Saeed al-Mansouri did not specify in which sectors the government would permit full foreign ownership of companies.
The new policy will require two crew members to be present at the cockpit at all times.
New route opens up Venice to global markets and is supported by new triple-daily flights from Milan
Islamic banking assets in the Emirates crossed $1 billion in 2014, a new report says.
Such a move would open the way for an international exchange operator such as Nasdaq OMX or Euronext to take a stake in the stock market.
The utility last week disclosed it was in talks with an unnamed Gulf investor, raising hopes that it could receive fresh funds and emerge from a crisis.
At times like these, the countries should draw from lessons learnt during hard times.
Putting aside the Swiss Franc surge and war in Eastern Europe, Nayla Hayek is forging Swatch into a company of the future.
Iran has been maximizing its strength across the Middle East as it spearheads the fight against Sunni muslim militants in Iraq and Syria.
Tough competition in Dubai’s retail market will push retailers to work even harder, says the director of International and wholesale at Dune London.
Islamic equivalents to conventional financial instruments have been developing even in relatively obscure areas such as short-term interbank lending, trade financing and swaps.
The conflict could pose a domestic security challenge for Saudi Arabia, and deny Dubai and Oman the economic benefits of rapprochement with Iran.
Authorities said the CEO’s departure would not affect the Midfield Terminal expansion.
The company plans to achieve its 2018 profit target through earnings growth “across our core companies, particularly those in the financial services and media sectors”.
Fadi Mroue discusses the Darwinian future of advertising and Beirut vs Dubai as a media hub, following République’s crowning as Independent Agency of the Year at the Dubai Lynx Awards.
The cause of the explosion is yet to be confirmed, according to the building manager.
The deal has garnered more than $3 billion in orders, a document showed.
The non-stop flights are scheduled to begin from September 1, 2015.
Hussein Oteifa, GM at satellite provider SES Middle East, explains how data connectivity is important for economic growth.
The cabinet’s decision aims to push out more land out into the market where it can be developed.
The initial guidance for the senior unsecured ten-year sukuk issue is at around 100 basis points over midswaps, a document showed.
The airport saw nearly 1.7 million visitors in the month of February, authorities said.