Emirates NBD did not provide any more details of the potential offer
The certificates, rated BB by Standard & Poors, were issued by its unit Damac Real Estate Development Ltd
Post the deal, the listed firm is planning to open a new Rochester Wellness unit in Abu Dhabi
The bank aims to help facilitate investments from the Gulf region into Africa, primarily Nigeria, says CEO
Sheikh Rashid, the eldest son of Dubai’s ruler, died on Saturday and was laid to rest at the Umm Hurair cemetery
Two outlets will be opened at Dubai Festival City and The City Walk in December 2015
The new 1,481 square metres facility is the second Harley Davidson outlet in Dubai
The tender for the project will be launched in the fourth quarter of 2015
The project will see over a million students committing to read 50 million extracurricular books during one academic year
The service will allow customers to tweet the bank for enquiries about their current or savings account and credit cards
The former Taj Palace Hotel in Deira has now been renamed Jood Palace Hotel- Dubai
New smart car app, available on Android and iOS, lets drivers pay only for the number of kilometres they use
The Nad Al Sheba project, which includes 1500 villas and serviced residences, is slated for completion in early 2018
A survey found that less than 4 per cent of Filipino expats would pay up to Dhs 100 for a single meal
The bank said last month that its board had proposed the Basel III compliant bond, subject to shareholder and regulatory approval
IMG Worlds of Adventure is set to become the world’s largest multi-brand indoor theme park when it opens
Bebe’s Dubai outlets continue to be successful mainly due to the price points offered to customers, an official said
The emirate hosted the International Dragon Awards in August, welcoming about 5,700 attendees
The amount will be used to fund the 271-unit Oia residential project in the emirate
This is the developer’s second hotel in Dubai that will be managed by Premier Inn
The second phase of the residential community will have larger townhouses, the chief executive of Jumeirah Golf Estates said
The developer said property sales in Dubai were “as per expectations”
A total of 26 awards – judged by an independent panel and public voting – were handed to the winners
The development forms part of The Villages concept, urban centres aiming to bring key amenities within walking distance
Construction work on the tower is anticipated to begin next year
Factors including cheaper import costs for materials and a plentiful supply of land meant Dubai compared favourably to other locations
The Skyline Towers comprise of 34 floors and will become Dubailand’s tallest structure when completed in 2018
The awards ceremony will be held on Tuesday and the shortlists across all the categories have been revealed
Over 300 local and international exhibitors will be taking part of the three-day property extravaganza this year
Nakheel has partnered with the Minor Hotel group to develop the 500-room hotel, the first AVANI property in the UAE