DSI had reported worsening earnings in eight of the preceding nine quarters
Based on Thursday’s closing price, the stake is worth more than $100m
The 800-room resort is slated for completion in Q3 2019
The new attraction will features hundreds of crocodiles, according to reports
The ‘Creek Horizon’ project will be located close to the $1bn Tower at Dubai Creek Harbour
The mega indoor theme park complex was scheduled to open on August 15
The developer reported a net profit of Dhs886.8m in the second quarter
The new property is expected to be completed in 2019
The RTA’s new five-year plan will also see 50 per cent of the taxis converted into hybrid vehicles
The contractor made a net loss of Dhs186.4m in the second quarter
Up to 10 per cent of new vehicles will be electric and hybrid cars
It would be the third bond issue by China’s largest bank via its DIFC office
Flight EK521 crash landed on arrival in Dubai last week
Parts of one of the operator’s three theme parks will not be ready for the opening date
The Dutch developer behind the homes is expecting regional sales worth $50m over the first year
The developer has awarded a Dhs117.5m contract to build the complex
Deyaar remains the full owner of the firm
Average sales rates fell by 12 per cent year-on-year in Q2, finds CBRE
The Dhs2bn project will feature hospitality, retail and entertainment facilities
Sale of both projects will begin on August 20
Growth will be driven by the emirate’s ‘landmark’ project, Al Habtoor said
The deals follows Aramex’s recent sale of a Sydney-based courier firm to Australia Post
Dubai to host international competition next month for hyperloop project designs
The jumbo jet will increase capacity on the route by 11 per cent
In the first half of this year passenger traffic rose 5.8 per cent to 40.51 million people
The new fund will be used to support start-ups in technology innovation
The new residential collection features 718 residential units
Dubai’s ruler also approves design of marine transport stations for the water canal project
Hundreds of flights were affected by the disruptions at the airport since Wednesday
The fire was reportedly brought under control some five hours after it started