The 1.3km AKOYA Drive, resembling Rodeo Drive in Beverly Hills and Champs Elysees in Paris, will include F&B options and retail outlets.
The second phase of the project will have over 70 one to three bedroom apartments within a 20-storey tower, Emaar said in a statement.
The legislation aims to protect natural habitats in Dubai and develop and promote ecotourism.
The centre, which will be launched in Q1 2015, will be within free zone technology park, Dubai Silicon Oasis.
New regulations will come into effect within 60 days to protect the rights of domestic workers in the Kingdom, a labour ministry official said.
Emaar said the loan is repayable in seven years and carries a profit rate of 1.75 per cent over the London interbank offered rate (Libor).
New report claims former FIFA member Mohamed Bin Hammam paid $5 million to senior officials in exchange for their support for Qatar’s bid.
The work on the third phase of the project will start in June and is scheduled to be completed by 2016, RTA said.
Shareholders owning the company’s stock at the end of trading on July 1 will qualify for the dividend, the company said in a statement.
Today’s inaugural flight marks Etihad’s fourth US destination and one of the longest flights globally
Bahrain has been in turmoil since protests led by Shi’ite Muslims erupted in 2011 after similar uprisings in Egypt and Tunisia.
Analysts say the main attraction for Mobily, an affiliate of the UAE’ Etisalat, was to acquire Atheeb’s landline licence.
Delays in jetliner deliveries can cause disruption and extra cost for airlines as they reassign aircraft to fill the gap.
Can Kuwait overcome its bureaucratic and social hurdles to attract foreign investors and complete its $106 billion development plan?
The Saudi businessman and his Kingdom Holding Company invested $250 million for a combined stake of 2.5 per cent in the Chinese online retailer.
Revenues rise 47 per cent on back of Etihad Airways’ global connectivity, growing codeshare partners and introduction of three Airbus aircraft
The deal, expected to be in place by the end of 2014, will intensify competition between the two telcos in the UAE.
The emirate came closely behind London, and significantly ahead of New York, Moscow and Shanghai
Only 20 per cent of the funds surveyed expect to increase their allocations to UAE equities in the next three months.
MERS was identified in 2012 in Saudi Arabia, and has infected a total of 565 people in the Kingdom.
Hasan Ismaik, who took charge early last year, previous held an 8.03 per cent stake in Arabtec.
The deadly new virus has killed 186 people in Saudi Arabia.
The new loan replaces an existing facility worth $980 million which was raised in 2011 and was secured against Dubai Mall.
Bahrain’s decision could influence regulators in other Gulf states such as the UAE and Qatar that have not yet clarified their stance.
Out of 190,185 mobile number porting requests received, only 55,555 were successfully transferred, the UAE’s telecom regulator said.
Scottish passengers and companies now have better access to Asian and Australasian markets
The Dubai carrier will also deploy larger Boeing 777 aircraft to Delhi and Hyderabad
The three-year contract has the potential to supply up to around two billion cubic meters over its term.
Zanzibar Telecom, which uses the brand name Zantel, has struggled against larger rivals Vodacom and Bharti Airtel.
This is the second time in a week that the death penalty has been imposed on a man involved in unrest in Qatif.