The Ministry said that Nabeel Rajab was summoned for questioning on Wednesday “regarding tweets posted on his Twitter account that denigrated government institutions”.
The move comes amid calls from some within the OPEC for action to shore up prices, as international benchmark Brent crude oil has slumped to a two-year low.
The group’s chief executive said that he was not currently looking to set up an affiliate in Dubai, but it could be a possibility in the future.
The introduction of debt listing and trading is expected to expand the exchange’s activities and make it easier for local companies to sell debt instruments.
The Portuguese financial group’s problems have been escalating since accounting irregularities were identified at one of its holdings earlier this year.
The bond represents the cheapest five-year funding raised by Emirates NBD in the last six years.
While ‘Bendgate’ may not have an impact, concerns that the phone does not have a “premium” feel may hamper UAE sales, says expert.
The study noted that 33 per cent of the UAE residents expect to step up their luxury spending over the next few months.
The contract is for work in Al Furjan Phase 2 and covers the construction of 16km of roads at the community.
NBF Islamic will offer a series of retail banking products in the initial stage but the bank plans to diversify Islamic offerings.
The office adds to DCCI’s presence in the Ethiopian capital Addis Ababa.
Under the new deal, the repayment date of the biggest chunk of debt under Dubai World’s $25 billion restructuring would be extended.
The new plant will create about 300 jobs, the company said.
The areas that command the least residential rental rates in Dubai, as compiled by propertyfinder.ae.
The policeman was shot and wounded by unknown assailants while stationed at a checkpoint at the entrance to the town of al-Awamiya late on Monday night.
Rashad Ali al-Musafir, the bank’s chief financial officer, would replace Kalmoor as acting CEO for an interim period, the bank said in a bourse filing.
The new mixed-use development is located in the Saadiyat Cultural District.
New daily A380 service to Texas city dovetails with Qantas’ new superjumbo flight from Sydney
The statement follows the Investment Corporation of Dubai’s stake purchase in Dangote Cement in September for $300 million.
In exchange for the plot of land, Barwa received QAR1.04 billion in cash, while the government also settled QAR1.5 billion of the developer’s bank loans.
Wiko, which claims to be Europe’s fastest growing smartphone brand, has launched eight models in the UAE.
Air Berlin said that the authorities were trying to put a new spin on the provisions of an air transport deal between Germany and the UAE during the review of the airlines’ winter schedules.
Investor orders topped $1.6 billion for NBO’s issue, a source with knowledge of the deal said.
Al Nowais Investments, an Abu Dhabi-based private firm is leading a consortium to build Egypt’s first coal-fired power plant in the Suez area.
The company has had problems recovering payments in Egypt because of political turmoil and said in August that it was working with the Egyptian government to agree a new deal.
The regulators warnings come after a number of fake iPhone 6 handsets were confiscated from various locations across the UAE.
Global’s management team comprising Group CEO Ghunaim, CEO Bader al-Sumait, and executive vice presidents had resigned prior to its general meeting in September.
The seven contracts are to build stations and lay cables for the rail system in the Saudi capital.
The second phase of the UAE railway project, which at 628 kilometres is the longest of the three planned stages, is expected to be funded by the UAE federal government.
Dubai carrier appoints senior managers but will provide no equity.