Artillery fire and air strikes hit the town of Maydee along Yemen’s border with Saudi Arabia in Hajja province.
Trading in Amlak was halted as credit markets dried up and the emirate’s real estate prices began a near-50 per cent tumble from their peak.
Amanat was set up to invest in education and healthcare businesses in the UAE and other Gulf states.
The announcement came two days after the pressure groups renewed their call on FIFA sponsors to put pressure on the governing body over the issue.
Last week, approval was issued for the sale of a 30 per cent stake in Arabian Contracting, with the offer set to run between June 10 and 16.
The financial freezone regulator said the bank was guilty of flouting anti-money laundering rules.
Average rents across the emirate are down 1.5 per cent compared to the same time last year, says Cluttons’ latest report.
Research found Saudi Arabia’s share of Chinese crude imports dropped to just over 30 per cent in May from 36.5 per cent in April.
Home values slipped 0.8 per cent in the first quarter, leaving average prices 0.5 per cent lower than a year earlier and 19.4 per cent below the 2008 peak, a new report says.
The Dubai-based company has said that the IPO for EHG will be dependent on the right market conditions.
The company is investing in a new fund, which aims to address the funding gap for SMEs in the Middle East, North Africa and South Asia region.
Emaar said it would use some of share sale proceeds to fund new developments in Egypt and grow its land bank in the country.
The bank is looking to buy all or some of the shares of the insurance company at a price of Dhs3.64 a share.
All accused in the case were also charged with a fine of Dhs1 million for the offence in addition to the jail term.
Bavarian city set to become second German destination to have double-daily A350 flights
The tech giant will open its biggest store worldwide in Dubai this summer, say reports.
The majority of HR directors in the UAE noted a return of salary inflation for existing and new employees, a new study says.
Property site Lamudi lists five properties in emerging markets around the world that have a price tag of around $1 million.
The move aims to boost Dubai as a hub for regional and international exhibitions while also attracting local and international investments.
No special qualifications are needed for the jobs whose main role is “executing a judgement of death” and to perform amputations on those convicted of lesser offences, an advert showed.
The airline was fined by the Belgian government for breaching EU carbon emissions rule.
The bank may auction the properties or offer them to be run by other operators, depending on market conditions, an official said.
About 55.7 per cent of retailers in Dubai are international brands while the city attracted 45 new global brands last year.
The project, valued at Dhs700 million, will comprise of 1,000 residential units and will be ready for handover by 2018.
The country shipped 7.898 million barrels per day (bpd) of crude in March, up from 7.350 million bpd in February and 7.474 million bpd in January.
DIB has mandated First Gulf Bank, HSBC, Maybank, National Bank of Abu Dhabi, Standard Chartered Bank and itself to arrange the meetings in Asia and Europe.
The deal, rated A1 by Moody’s, has so far attracted orders totalling more than $3.5 billion from investors, a document showed.
OPEC production had not risen by more than 200,000 to 400,000 bpd above its 30 million bpd cap since 2011, an official said.
Emirates’ head Tim Clark has said the airline will opt for either B787-10s or A350-900s in the next stage of its fleet development.
The 5.0 magnitude earthquake hit Oman on Sunday, triggering fears of a tsunami.