Earlier on Wednesday, Arabtec issued another statement saying its board had not taken any decision on the acquisition of another company.
Mesaieed, a unit of state-owned Qatar Petroleum (QP), raised 3.2 billion riyals ($880 million) in an IPO of about 26 per cent of its shares.
The operational changes should also help safeguard horse welfare and ensure compliance with all relevant regulations, officials said.
The plots, each measuring 8,820 square feet, will be auctioned off on February 26 in the Nakheel Sales office on Al Sufouh road.
Akbar Al Baker said Qatar Airways was in talks with British Airways, one of the founding members of the oneworld alliance, on a codesharing agreement.
Strategic agreement follows Qatar’s entry into the oneworld alliance
Simon Crisford will take on a new role as Sheikh Mohammed’s global racing advisor.
The plant will be commissioned between 2016 and 2017, a senior official said.
The substation, which has a capacity of 150 megavolt ampere (MVA), was built at the cost of Dhs86 million.
Only 16.18 per cent of the firm is currently held by non-Qatari investors, according to bourse data.
The windy city will shortly will be served by all three Gulf carriers and becomes Emirates’ ninth US gateway
Regional loyalty marketing is slowly becoming more sophisticated, says the general manager of loyalty company ICLP.
The investment firm made a net profit of $5.2 million in the three months to December 31.
The Dubai developer announced earlier this year that it would repay Dhs4 billion of its bank debt in 2014, ahead of maturity in September 2015.
Al Khalidiyah Mall has launched a new 3D cinema and a bowling alley in addition to opening new international branded stores.
Trade missions designed to foster opportunities across food & beverage, agriculture, education, urban design, marine and fashion
The country is mulling the imposition of tax on companies, Sheikh Hamdan cofirmed.
The sizes of the stake and details of the nature of the alliance have not been disclosed.
Unlike Dubai, Abu Dhabi’s property market rebound appears to have been triggered by clever government intervention in the market.
Secretive company managements, poor disclosure mechanisms and patchy enforcement of disclosure rules mean information is scarce in Gulf markets.
Under secretary for political affairs Wendy Sherman will travel to Abu Dhabi, Riyadh and Jerusalem next week for consultations with respective governments.
The fund’s largest equity investments include Emaar Properties and London-listed UAE firm NMC Health.
The loan will finance the delivery of the next 17 aircraft on order for the carrier.
Engineers found the smoke to be the result of a common occurrence caused by a warm tyre, the airline said.
Accor is tapping into region-wide demand for long-stay accommodation
Ambassador for the UK’s financial sector wants to see more women at senior management and board level.
The developer confirmed that 120 retailers have booked spaces at Nakheel Mall.
The branded credit and debit cards will introduce a new rewards programme for users.
The kids’ retail store, part of the Landmark Group, currently operates 40 stores in the UAE.
The new entity, called Emaar Jameel, will focus on developing integrated real estate projects in the Kingdom.