Strategic partnership aims to support Saudis looking to find work.
My City Centre, Nasseriya in Sharjah, an investment worth Dhs84 million, will cater to smaller residential communities.
Dubai’s market rapidly absorbed an influx of new hotels in 2013 whilst maintaining a healthy occupancy rate throughout the year.
Strategic agreement follows Qatar’s entry into the oneworld alliance
In January, the monopoly said its annual profit for 2013 rose 19 per cent to 3.04 billion riyals from a year earlier.
Around 22 per cent of Abu Dhabi employees and 33 per cent of Dubai employees will see a rise in housing allowances this year.
UAE residents and holidaying Europeans now have improved access to the popular Thai destination
The company made a fourth-quarter profit of 176.5 million Qatar riyals ($48.5 million), down from 203.3 million riyals a year earlier.
Simon Crisford will take on a new role as Sheikh Mohammed’s global racing advisor.
Qatar is planning to increase tourism’s contribution to GDP by 5.1 per cent, up from 2.6 per cent.
The plant will be commissioned between 2016 and 2017, a senior official said.
The firm will provide complete MEP works for the automated passenger mover system (APM), which will connect Concourse 4 of Dubai International Airport to Terminal 1.
ADCB has chosen Bank of America-Merrill Lynch, Barclays, ING and JP Morgan Chase to arrange the transaction.
Spread across nearly six million square feet, the cluster will provide a dedicated area for companies manufacturing halal products.
Consumer price growth in the world’s top oil exporter has been easing gradually since hitting a peak of 4.0 per cent in April 2013.
The substation, which has a capacity of 150 megavolt ampere (MVA), was built at the cost of Dhs86 million.
The deal, if completed, would be worth about Dhs2 billion ($545 million).
The deal would see an initial investment of Dhs1.5 billion by NFPC to build a mega-facility that will be spread across eight million sq ft of land in Kizad.
Lenders joining the facility came from the Gulf, the United States, Europe, Asia and Australia.
The contractor reported a 69 per cent decline in fourth-quarter net profit last month.
The company posted a 10.3 per cent rise in fourth-quarter profit in January, mainly due to a rise in the value of its investments.
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
Foreigners currently own 4.35 per cent of the company, according to bourse data.
The investment firm made a net profit of $5.2 million in the three months to December 31.
The Islamic lender recorded a net attributable profit of $32 million in the three months to December 31, 2013.
Mulberry at Park Heights comprises of 330 apartments in close proximity to an 18-hole championship golf course.
The lender made a net profit of $8.9 million in the fourth quarter of 2013.
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.
The hotel will offer 268 fully refurbished and brand new rooms and suites.