German media reports last month said the UAE-based airline could increase its stake in Air Berlin to 49.9 per cent from the current 30 per cent.
The contract is expected to be for 1 kilogramme (32 troy ounces) of 0.995 purity gold, a spokesman said.
The move comes after the British media alleged that the DMCC failed to follow international guidelines designed to govern sourcing of gold.
The incident took place near a government security building in the Adliya district.
As Expo 2015 host Milan prepares for the event, officials say they are pleased to hand the baton to Dubai in 2020.
Emirates REIT will raise $175 million in the IPO, which was 3.5 times oversubscribed, by selling 128.68 million new shares.
Sources had said that Kuwait’s billionaire al-Kharafi family was looking to sell Americana and had hired bankers to explore a deal.
Dubai’s Roads and Transport Authority (RTA) confirmed that the diversion of utility lines is almost complete.
The Abu Dhabi real estate developer owns a 60 per cent stake in property management firm Khidmah.
Investcorp will provide capital to Eyck, a newly established investment manager founded by Khing Oei.
Ali Rehmat Assadi will stand trial in the UAE on charges of abducting Abbas Yazdi, who went missing in June, a source said.
Hassan Al Thawadi rubbishes corruption allegations and says Qatar won the rights to host the football event due to sheer hard work.
The agreements cover 13 communities including Palm Jumeirah, The Gardens, Discovery Gardens, Al Furjan, and International City.
The company had sales worth 2.72 billion riyals in the first quarter, up 12.3 per cent from a year earlier.
Jarir made 201.3 million riyals ($53.7 million) in the first three months of 2014.
The bank made a profit of 417 million riyals ($111.19 million)in the three months to March 31, according to a bourse statement.
The bank made 1.08 billion riyals ($288 million) in the three months ending March 31.
AerLift Leasing was established in 2010, with Waha Capital owning a 60.7 per cent stake.
The deal will bring it a profit of 7.5 million dinars, the firm said in a statement to the Dubai bourse.
Abu Dhabi Islamic Bank said it would acquire 110,000 customers through the deal.
UniCredit, which is one of Alitalia’s creditor banks, owns a 13 per cent stake in the airline after it took part in a 500 million euro share issue.
Etihad has finished reviewing Alitalia’s books as it considers whether to invest as much as 300 million euros via a capital increase, sources say.
A carrier must be more than 50 per cent owned and “effectively controlled” by an EU member state or EU citizens to obtain an operating license.
The company said the shareholders approved the allocation at a meeting on Thursday.
MSCI will raise the UAE and Qatar to emerging market from frontier market status at the end of May.
As nations aspire to become global hubs for the Islamic economy, the Halal industry is not to be ignored
The six parliamentary elections since 2006 and more than ten different governments
The Japanese automotive industry is one of the most prominent in the world.
The loan will be for 17 years and will be repaid in twice yearly instalments after a five-year grace period, Maaden said in a bourse statement.
Tech-savvy consumers will drive the growth of e-commerce in the country’s retail sector.