Dubai’s main stock index fell 1.4 per cent as builder Arabtec declined by 3.7 per cent.
Waha, whose shareholders include Abu Dhabi government entities, made Dhs1.14 billion in the second quarter of the year.
A statement from the cabinet did not specify a timetable for the market to be opened.
The Marina 101 project in Dubai, being developed by Sheffield Holdings, is slated for handover in early 2015.
A HSBC survey found that business relationship benefits and competitive pricing were driving UAE businesses to adopt trade in Renminibi.
Saudi Arabia led the GCC activity in the first half of the year with four IPOs, followed by the UAE with three.
Arabtec shares have been swinging wildly in recent weeks, moving the entire Dubai stock market.
The start of double-decker services marks the end of a long negotiating road for Emirates and start of new passenger transfer opportunities
Tim Clark said domestic regulators may decide to be more involved in giving their carriers guidance on where it is safe to fly.
The purpose of issuing bonds is to meet the requirements of Basel III, according to a senior official.
Arabtec tumbled its daily 10 per cent limit, dragging down the entire Dubai stock market to close six per cent lower.
The first and second days of the month of Shawwal have been announced as Eid-al-Fitr holidays for the private sector.
Federal ministries and departments will be closed from Sunday July 27, and reopen on August 3.
Aabar’s statement followed media reports last week that said the fund was in talks to buy at least part of the 28.85 per cent stake owned by Arabtec’s former chief executive Hasan Ismaik.
The airline said the flight ban to Kiev would remain in effective until further notice.
The economic rebound seen both locally and internationally has seen deal-making revived in the last two years, with many now divesting stakes and looking for new opportunities.
Real and close geopolitical risks will not leave any major market unaffected, writes Matein Khalid, a global equities investor and advisor to regional family offices.
The Securities and Commodity Authority said a new “technical committee” would ensure the integrity of share trading and prevent any manipulation of stock prices.
As GCC economies seek to diversify away from oil, many countries are pursuing free zones as the solution.
UAE and Qatar stock markets rallied sharply over the past year in anticipation of the upgrade to emerging market status by index compiler MSCI.
Ian Gorsuch makes a pit stop in Dubai to discuss the business of supercars.
On Thursday, the Dubai bourse said it was suspending trade in Arabtec pending clarification on media reports about strategic partners’ stake in the firm.
Emirates, the largest customer for the Airbus A380, had ordered 140 of the aircraft as of November.
The developer signed a Dhs6 million contract for a beachside entertainment complex in Palm Jumeirah and confirmed that it has signed the contract for Deira Islands Mall.
A new space agency is being created in the country to supervise the mission.
At just one hour 45 minutes, the new flight will be Emirates shortest A380 route globally.
Video content is playing an increasingly important role in online advertising, marketing and brand awareness, says Steve Rotter, VP Digital Marketing, Brightcove.
Masraf said the sale price would be QAR1.53 billion ($420.3 million), which would generate a gain of QAR466 million for the bank spread over three years.
The order is for engines that will power the 150 777X jets that Emirates is buying from Boeing.
The affiliate of Abraaj Capital is seeking to buy at least a 51 per cent stake in the Egyptian snack maker.