The UAE Space Agency and the Emirates Institution for Advanced Science and Technology, EIAST, will develop the probe.
Dubai’s index, which was up as much as 2.5 per cent early in the session, fell 0.4 per cent by mid-day as the pan-European FTSEurofirst 300 index edged down 0.6 per cent.
As part of a US settlement in August, the bank was given 90 days to end high-risk relationships with SMEs in the UAE.
Micromanagement is very costly for the company, writes Dr. Corrie Block, a regional business development consultant based in Dubai.
Worries about weak earnings report on growth and business had sent Middle East bourses tumbling, with Dubai’s index down 13.6 per cent last week
The project will be spread across a total area of 25 million square feet and will be located along Emirates Road.
Khoury founded the Consolidated Contractors Company (CCC), one of the region’s biggest construction firms.
Political stability has returned to Egypt under President Abdel Fattah Al-Sisi but it yet to be seen if the former Army man be able to command its faltering economy back to life.
UAE government’s use of social media is revolutionising governance but experts say that challenges persist.
Sohar is starting to compete for traffic with Jebel Ali and other top Gulf ports, as part of a far-reaching plan by Oman to diversify its economy beyond oil.
Gulf Business speaks to Neelesh Bhatnagar, director of Oasis Centre.
Dubai’s index fell 2.7 per cent to 4,370 points as a broad sell-off continued.
The passenger arrived in Dubai on a plane from Liberia, the ministry said.
Under the transaction, GEMS will be split into two entities, with the investing group buying a stake in the part of the business focussed on MENA and Asia.
The Note 4, priced at Dhs2,799, will be available from October 16, while the Note Edge will be launched later as a limited edition product.
The company is looking to invest in the GCC’s healthcare and education sector, with a focus on the UAE and Saudi markets.
Dubai’s index added 1.2 per cent in a broad rally while Abu Dhabi edged up 0.2 per cent.
Kuwaiti crude for November was priced at a discount of 50 cents per barrel to Saudi Arab Medium, unchanged from a month ago and the widest in 10 years.
With new leisure attractions coming up in the region, hoteliers must target the theme park hotels sector, says Colliers.
Dubai’s bourse dropped 1.2 per cent as most stocks pulled back while heavyweights such as Emaar Properties and Arabtec Holding fell slightly.
Currently around 30 public entities are offering their services on mobiles, a senior official confirmed.
The projected federal spending of Dhs49.1 billion is up from Dhs46 billion in the original budget for 2014.
The contract, secured by Agility Defense and Government Services, will run from October 2014 to April 2016, the company said in a statement.
The Japanese electronics company aims to grow its overall business in MEA to over $1 billion.
Markets fell globally after a raft of weak indicators from Europe and China collided with concerns about the U.S. Federal Reserve’s plans to reduce monetary stimulus.
Today’s trio takes the French Group’s Middle East portfolio to 100 hotels
All the news and views from the region’s biggest ICT event.
Market watchers suggest the lack of regional IPO activity in recent years could soon be a distant memory.
After five years without an IPO of notable size, Emaar Malls Group attracted orders worth more than $47 billion for its $1.58 billion Dubai listing last month.
As the UAE’s shifts to omni-channel retail, industry players will have to innovate to keep pace.