Markets across the region fell on Wednesday as global equities came under pressure from worries about economic growth.
The developer said that it will add an expansive retail offering at Riverpark, the project’s entrance plaza that interconnects the three theme parks.
Called Etihad Airways Partners, the group initially includes six airlines and aims to provide improved networks and better frequent flyer benefits.
The purchases strengthened the Dubai cash price, flipping it into a small premium against its swap for the first time in two months.
The project is the highest residential development in Palm Jumeirah and is scheduled to be finished by 2017.
The developer reported a net profit of Dhs2.6 billion, aided by strong growth in its retail and leasing businesses.
The investment is expected to help Amak, a firm specialising in providing petroleum services, to fund its growth plans.
Libstar operates across South Africa through manufacturing, supply and distribution and employs about 4,200 people.
The bourse plans to launch a novel equity-based murabaha financing tool and Islamic real estate investment trusts.
IHG targets mid-market growth with second Holiday Inn in UAE capital
The central bank appointed five members to its sharia board, which will have direct oversight of Islamic banking institutions.
Luxury SQft will focus on the UAE’s affluent areas and will have only 100 real estate agents promoting their properties.
The company is already investigating alleged bribery in other Middle East countries, including Lebanon, Jordan, Syria and Iraq.
Biden earlier apologised to Turkey and the UAE for saying that regional US allies were partly to blame for the rise of IS in Syria.
Former Raytheon CEO Bill Swanson had said in January that he expected Qatar to finalise an order worth over $2 billion in the first half of 2014.
As per the deal, Omagine LLC will design, develop, own and operate a mixed-use project called the Omagine Project in the Sultanate.
Shares in Emaar, the market’s second most heavily traded stock on Tuesday, jumped 3.1 per cent to Dhs11.50.
The Mirfa IWPP was financed through a mix of bank debt and equity from the shareholders, a statement from ADWEA said.
Prince Alwaleed said he was “impressed” by Narendra Modi’s speech when he was in the US.
The Abu Dhabi fund acquired Hewlett-Packard’s 40 per cent stake in Injazat for an undisclosed sum.
Visitor figures at the mall in Dubai averaged 78,300 per day during the four-day break.
The firm announced it had completed the acquisition of 100 per cent of London-based Pioneer Trader Ltd.
Xperia Z3 Dual is priced at Dhs2,999 while Xperia Z3 Compact will cost Dhs2,499.
Shares in Emaar rose 1.4 per cent to Dhs11.35 and were the main support for Dubai’s index, which added 0.4 per cent.
UAE firms saw output growth accelerate to a three-month high of 63.2 points in September from 62.2 points in August but new orders growth dropped to 64.0 points.
The SABB HSBC Saudi Arabia Purchasing Managers’ Index climbed to a seasonally adjusted 61.8 points in September, its highest level since June 2011.
The deal with Kuwait Foreign Petroleum Exploration Co helps Chevron reduce production risk and gives it more capital to increase drilling in Alberta’s Duvernay shale formation.
The firm aims to raise $25 million in an initial public share offering (IPO).
The A380 service will help boost capacity by around 38 per cent on the Dubai-Milan route, the airline said in a statement.
The refinery could be converted into a storage terminal or might be shut down permanently following the cancellation of the investment, an official said.