The 25-year-old Northern Irishman believes a six-week break from golf has put him in the ideal shape.
Pricing guidance for the five-year sukuk is in the area of 225 basis points over midswaps, a document showed.
The aviation sector supported a total of 416,500 jobs and accounted for 21 per cent of the emirate’s total employment in 2013, a new report said.
Abu Dhabi carrier launches fifth US route and now serves two key Californian cities directly
The project will be connected to DEWA’s grid through a low-voltage distribution board while also being used as a learning tool for the deployment of solar PV rooftop installations in Dubai.
Dubai’s tax-free benefit strategy is becoming eclipsed by the rising costs of housing and education, a new study says.
The Dubai-based theme park developer is offering 40 per cent of its shares to investors, with each share priced at Dhs1.
The agreement ends a four-year legal row between Nakheel and IFA Hotels And Resorts, which prevented retailers from occupying spaces they paid for on the Palm Jumeirah’s retail strip.
UAE’s first Four Seasons blends leisure and business around an ‘understated’ luxury theme
The index will monitor the level of intellectual property rights protection in the emirate by gauging satisfaction levels among the business community for the existing laws.
The project, slated to open by the fourth quarter of 2016, will feature 259 rooms and modern recreational facilities.
Dubai’s index slipped 0.3 per cent as Arabtec dropped 2.8 per cent and was one of the most heavily traded stocks on the bourse.
The builder reported a profit of Dhs68.7 million ($18.71 million) in the third quarter of 2014, down from Dhs100.8 million in the corresponding period of 2013.
The firm made a net profit attributable to shareholders of Dhs21.4 million ($5.83 million) in the third quarter of 2014, down from Dhs23.8 million in the year-earlier period.
Clark said Emirates had cancelled the order after Airbus changed the plane’s specifications but it would look closely at how the aircraft performs once it starts flying.
Gulf bonds are actually viewed as defensive plays by some international investors, even though the region is heavily exposed to oil prices and the scene of a fair amount of geopolitical instability.
The unlisted airline, which started operations in June 2009, made a net profit of $14 million in the first half of this year.
Emirates will restart two weekly passenger flights from November 16 and increase the frequency to four times a week from December 4, it said in a statement.
The project financing will fund construction of the parks, along with equity provided by Meraas investment group and the $689 million initial public offering (IPO) of 40 per cent of Dubai Parks and Resorts.
Abu Dhabi’s index climbed 0.1 per cent while Dubai’s bourse edged down 0.3 per cent.
The purchase of EZW, currently owned by Port and Free Zone World, includes the assumption of net debt of $859 million.
The property firm said that it will focus on countries such as Saudi Arabia while avoiding conflict-prone states such as Egypt and Syria.
High passenger loads shield airline from external factors but group profit impacted by dnata
Pricing of the bond tightened on high investor demand, with orders topping $3 billion, according to the arrangers.
The opening of Dubai’s latest infrastructure project and the star attraction in pictures.
The trade, which made Aabar the biggest shareholder in Arabtec, was done at a price of Dhs5 per share, compared to the stock’s closing market price of Dhs4.26.
A booming population, rise in income levels and improved returns on investment in education are boosting growth in Dubai’s school sector.
Following the formal launch of the Dubai Tram today, experts say that properties in the immediate vicinity could see a gradual price increases.
The firm, also called flydubai, has picked seven banks as arrangers, a document from lead managers showed.
The first phase of the Dubai tram, opening today, will stretch 10.6 kilometres and include 11 stations.