The company plans to float its unit Emaar Malls Group (EMG) this month and subscriptions for the shares will open on Sept. 14.
The offer is rated Baa1 by Moody’s and A-plus by Fitch, and is expected to price on Wednesday.
Itqan currently manages four sharia-compliant funds: a money market fund and three real estate funds.
Dubai-based hotelier says it is in talks with developer Meraas to operate the first VENU hotel in the Bluewaters Island development.
Stephen Kersley has resigned and Ryan Wong will take over as acting head of finance effective October 1, the company said.
Ten SMEs have applied to list on the new market and five of them have so far fulfilled the requirements, according to a report.
The new devices were described by Apple CEO Tim Cook as the company’s “best phones ever made.”
New York lawyer Michael Garcia delivered his report last week to FIFA’s Ethics adjudicatory chamber, who will decide on the consequences in about a month.
The family group, which collapsed during the financial crisis, said in May that it had direct liabilities to financial institutions worth around $6 billion.
Tenders to build Kuwait’s fourth refinery, al-Zour, have been extended after delays and political opposition in the past.
Global Investment House’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
Market participants with direct knowledge of the deal said that Bahrain would be able to issue its first 30-year debt by taking advantage of good sentiment towards the Gulf in general.
Majid Al Futtaim Finance has partnered with Rovio Entertainment, which owns the Angry Birds brand, to create the prepaid card for UAE customers.
The meeting will address the issue of terrorism and the rise of extremist organisations in the region.
The revamped runways at Dubai International Airport are equipped with better technology that will help push up the number of arrivals an hour, an official said.
The programme required foreign winners of big government contracts to invest in the local economy.
The UAE, specifically Dubai, has been exemplary in diversifying revenue streams, stated a report by Alkhabeer Capital.
The U.S. dollar transaction, will be of benchmark size – traditionally understood to mean worth upwards of $500 million.
The U.S. dollar bond will be issued through a special purpose vehicle incorporated in the Cayman Islands.
A unit of Gulf International Services (GIS) signed contracts worth $1.4 billion to supply drilling rig services to Qatar Petroleum.
The project features two residential towers connected by a podium and includes 280 units.
Saudi officials said they would send female athletes to the next Olympics, but that they were not yet competitive enough for Asian Games.
The firm will hold a general meeting on Sept. 15, it said without specifying the possible size of the issue.
The new centre will coordinate innovation in government entities, the Dubai ruler said.
GDI, a subsidiary of Gulf International Services, will provide two new offshore rigs and two new land rigs, and extend four other contracts.
The recently launched Montrose project incudes two residential towers and one hotel tower.
Oman’s State General Reserve Fund, Royal Dutch Shell and existing investors in GlassPoint will inject the money, which will be used to accelerate the deployment of solar steam generators.
AstroLabs Dubai, which will be situated in Dubai Multi Commodities Centre Free Zone, is scheduled to open in 2015.
The smaller scale of outbreak in Nigeria is relatively less worrying when compared to other Ebola-hit countries, an official was quoted as saying in local media.
The credit reports include consumers’ debt obligations and payment behaviour patterns for the past two years.