The new senior managers are expected to help the Dhs10 billion project open as scheduled in 2016.
The new projects will be developed by the Wasl Asset Management Group across Dubai.
The firm made a net profit of Dhs512.7 million in the last quarter of 2014, down from Dhs570.3 million in the year-earlier period.
The much-delayed residential project located in Dubailand is set to deliver first 150 villas in Q2 2015.
Banks in the UAE are much stronger than they were during the financial crash of 2008, the chief executive of Dubai’s largest lender said.
Due to the fact that the project is of “national interest”, MSM decided to build it without a partnership, it said.
The developer said that it appointed five contractors to work on its master developments and hotel apartment projects.
The Dubai-based businessman confirmed that he is currently working on two Hollywood movies.
Dubai’s only utility also said it would distribute a cash dividend for the year of Dhs500 million to the government.
Abrar Khan claimed the airline refused to compensate him after losing his luggage en-route to Dubai.
The service will begin from June 1, and raise superjumbo capacity between Dubai and Milan.
Emaar made an annual profit of Dhs3.29 billion in 2014, up 28 per cent year-on-year.
The company appointed Abdul Rahman Jareb Rashed Al Hareb as the new chairman, replacing Sheikh Maktoum Hasher Al Maktoum.
NPS secured the refinancing deal from a group of banks and financial institutions.
Dubai plans to launch an Advance Passenger Information System which will raise the security and cut screening time at airports.
The adjournment will allow time for all creditors to sign an agreement which formally pledges each will assent to the plan put forward by Dubai World.
The contractor made a profit of Dhs13 million ($3.54 million) in the last quarter of 2014.
The loan is being arranged by Emirates NBD and will have a 10-year term and an amortising structure, sources said.
The UAE looks to grab a larger share of trade with China, outwitting its Gulf peers.
The company said that its revenues will mainly originate through ticketing, hotels and retail segments in the project.
The airline chief said that the US carriers underestimated the level of competition when they signed the open skies policy in 1999.
ENBD raised A$400 million from its last kangaroo bond issue in April last year.
The company said that its Dreamz and Glitz projects are on track to be completed by 2016 and 2017 respectively.
Dubai was ranked 33rd globally in a newly launched sustainability index, closely followed by Abu Dhabi at 34.
The licence will allow the firm to fund small businesses and help finance cross-border deals between Saudi and the UAE.
The recruitment will increase the size of the group’s workforce by six per cent by March 2016.
The annual Saudi inflation rate was 2.4 per cent in December, the lowest level since at least September 2012.
Around 60 per cent of mall visitors last year were UAE residents and other GCC tourists while the remaining 40 per cent were tourists from across the world.
The group plans to open 20 hotels by 2018, its chief executive said.
A population boom in Asia and Africa will make Dubai an important global hub by 2100, an expert predicted.