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.
Bombings struck the rebel-held presidential palace in Aden’s downtown area.
The BBC’s crew was invited to Doha to film improved accommodation for migrant workers in the country, ahead of 2022 World Cup.
Nizwa said in February that it saw the proposed merger as a way to speed up its growth.
The Roads and Transport Authority has opened phase II of the main traffic diversion works on Al Wasl Road.
Explosions could be heard near Aden’s airport and the districts of Khor Maksar and Crater, a witness said.
Earlier this year, QP said it would absorb its international unit, QPI, into its structure.
The funds are aimed at helping VOX attract a further 50 million customers over the next five years.
The five-day humanitarian truce began on Tuesday to distribute aid to the millions deprived of food, fuel and medicine by weeks of fighting.
The developer has now launched additional units for sale within the project, which is located in its Mudon community in Dubailand.
The maintenance will cost the company around SAR100 million, which will be reflected in second-quarter results.
Construction on the Al Khail Avenue mall will begin this year, with expected opening in 2018.
Waha is looking to invest in sectors with high growth potential such as energy, infrastructure, healthcare and education.