As global foreign direct investments grow, the UAE is hoping to grab a significant portion.
Abu Dhabi-based carrier responds to claims made in Australian paper.
The emirate saw a 4.5 per cent rise in prices during the first quarter of 2014.
The comments were made at the 24th meeting of the GCC Ministerial Committee for Planning and Development in Kuwait.
The 10,000 sq ft drift go-karting circuit will be operated by Italian engineering company Augusta Re Consulting.
Ooredoo will use the new facility to repay a $750 million loan due in May 2015.
It was priced between $250 and $255 a tonne, traders said.
The loan for the state carrier required no repayments until 2027, reported the Australian Financial Review.
The developer attracted a final order book of more than $1 billion for its five year sukuk.
New resort will open in 2018 and complements its two properties in the Maldives
Qatar dropped to 19th while the UAE maintained its 8th place in the IMD ranking.
New report finds banks and property developers in the UAE are more conservative and better prepared this time round.
The Gulf state has suffered low-level civil unrest since mass protests in 2011.
Doha Bank’s asset expansion was more than 20 per cent last year and will continue to grow, its CEO said.
Residential space accounted for 70 per cent of the total area of approved projects.
The franchise agreement includes plans to setup 15 restaurants in the UAE over the next four years.
The measure is now up 43.9 per cent this year and has tripled since the start of 2013.
The seventh installment of the popular movie series is due to premiere in December 2015.
The restructuring will allow the real estate developer to reduce its short-term loans by 39 per cent.
The lenders may need to increase their capital next year by $412 million each to abide by expected central bank regulations.
UAE carrier’s two-level facility offers free wifi and is the airline’s first lounge in Australia
The operator did not say when it would issue the sukuk.
Etisalat bought Paris-listed Vivendi’s stake in Maroc Telecom last week for $5.7 billion.
The country’s first nuclear energy reactor is on track to begin operations in 2017, say officials.
Abdullah Elshamy, one of four reporters being held in Egypt, has been on hunger strike since Jan. 21 to protest against his detention.
King Abdullah departed the Red Sea port city of Jeddah for Morocco.
The smartphone is the premium offering within the affordable Nokia-X range.
Losses were cut by retiring aircraft, closing eight routes, reducing staff expenses and renegotiating over 2,000 contracts with suppliers, it said.
Emir Sheikh Sabah al-Ahmed al-Sabah will visit Iran on May 31-June 1 at the invitation of Iranian President Hassan Rouhani.
If all the applied stressed scenarios materialise, the banking system will need $201.3 million to recapitalise five deficient banks.