Aabar cut it stake from 21.6 per cent to 18.85 per cent since Sunday.
The IMF warned that with rent controls recently loosened, there is a risk that rising real estate prices will lead to a hike in inflation in the UAE.
Etihad is looking to invest up to $1.7 billion in Alitalia over the next four years.
The café, themed around Spanish club Real Madrid, is located in The Beach Mall in JBR.
The 10-year sukuk received orders worth more than $5.4 billion.
The Dubai carrier cancelled its entire order of 70 A350 XWB aircraft following a “fleet requirement review”.
The developer said it has instructed Deutsche Bank to make the payment on the due date of June 15, 2014.
The $750 million Islamic bond received orders worth more than $5.5 billion from investors.
Construction firm Alba Tec won the contract and will build landside infrastructure and new marina facilities at the port.
Share prices in Dubai builder Arabtec fell 24 per cent in the previous three sessions.
Road shows will be held in Singapore, Hong Kong, Middle East and London.
Emirates placed the order for 50 A350-900 and 20 A350-1000 jets in 2007.
Stalled during the global financial crisis of 2009 and afterwards, here are five marquee construction projects that are now up and running again.
The opening of the consulate in LA comes amid strengthening commercial and trade ties between the two nations.
The 630, priced at Dhs599, and the 930, priced at Dhs2199, are the first Lumia devices that run Microsoft’s Windows Phone 8.1.
Arabtec, which had more than tripled in value this year, saw share prices dropping 24 per cent this week.
The Kingdom’s central bank, SAMA, has long managed the country’s investment of oil surpluses abroad.
Sipchem recently ended merger talks with Sahara Petrochemical.
The Berri gas plant includes three gas-oil separation plants, five new and 10 upgraded offshore platforms, 35 drilling islands and a 140MW co-generation plant.
The Kingdom imported about 2.6 million tonnes of wheat last year.
The popular Pakistani singer launched his new album in the city on Monday.
The Bahrain bourse also said that it had approved trading of options, exchange-traded funds and real estate investment trusts.
Order books are scheduled to close at the end of this week, according to sources.
IT decision makers see the gap between needs and delivery having significant consequences for UAE companies, a study has found.
Qatar launched quarterly government bond sales in March 2013 to expand the central bank’s policy arsenal and help banks manage liquidity.
The offices, located at the Business Park Free Zone, will include small, medium and large units.
The 362-key property will be located 97 kilometers from Doha.
OPEC, which pumps more than a third of the world’s oil, meets on Wednesday in Vienna to decide on output policy.
The issue was almost two times oversubscribed.
The channel will serve as an official source of news on the federal government’s activities.