No one was hurt in the dawn attack on the home of Abbas Isa al-Madi, chairman of parliament’s Services Committee.
The Dubai American Scientific School had been rated as ‘unacceptable’ by the KHDA since the 2008-2009 educational year.
The new development will consist of commercial and residential towers as well as the Sheraton Dubai Tower Hotel.
The sharp increase in first-half trading stems from a rise in currency volumes.
Nakilat made a net profit of 182.4 million riyals in the three months to June 30, compared to 204.1 million riyals in Q2 last year.
In April last year, the central bank set limits for how much commercial banks could lend to state-linked borrowers, in an effort to reduce risks.
Dubai’s aviation sector is expected to account for 32 per cent of GDP by 2020, while the sector employs over five per cent of the workforce.
The UAE’s financial ties to Turkey have expanded in recent years as banks look to diversify out of the region’s oil-focused economy.
The 517-seat A380 will be the first permanent superjumbo service to fly into Barcelona and replaces the Boeing B777-300ER.
Luxury brand’s second hotel in the city combines business and leisure.
New facility provides premium passengers with a smoother start to their journeys and less waiting times
Oman’s biggest lender by market value reported a net profit of 63.1 million rials in the first half of 2013, down from the prior-year period.
Kuwait last week joined other oil-producing Gulf states in pledging a massive aid package worth $12 billion to Egypt.
The tiny Gulf state also plans to buy 16 tank howitzers from equipment makers Krauss-Maffei Wegmann and Rheinmetall.
The drop from 6.5 per cent a year earlier reflects a fall in Saudi crude oil output over the year.
The affinity towards luxurious brands and intra-region tourism has helped boost the luxury goods market in the emirate.
The UK group bought Topaz Oil and Gas to expand its growth in the Middle East.
Almost constant factional infighting over the past seven years has prompted repeated elections in Kuwait.
DeVere Group CEO believes that the acquisition of Acuma, a UAE-based wealth management firm, will help further their presence in the Gulf market.
The Dubai lender’s retail arm made a net profit of Dhs240 million last year.
RWE said in March it was planning to offload DEA to slash capital spending and cut its multi-billion euro debts.
The 700sqm facility accommodates up to 80 people and features boardrooms, conference and meeting rooms and internet stations.
Sources have said that a deal for Saudi Arabia to buy M1 Abrams tanks from General Dynamics was already in sight.
ADIA has investments of about $400-$500 million in India which includes a $50 million investment in Red Fort Capital, a real estate private equity fund.
Tea Ros, managing director at Strategic Hotel Consulting, examines the challenges developers face in underwater construction.
A look at popular destinations for UAE residents this summer, according to Emirates Holidays.
Gulf Finance House is banking on a revamped business model to revive its fortunes.
About half the respondents surveyed were legally single.
The study will please health specialists who champion regular exercise to counteract the country’s high levels of obesity and diabetes.
New simulators to be housed in academy extension and fill training gap for long-range aircraft.