The group’s chief executive said that he was not currently looking to set up an affiliate in Dubai, but it could be a possibility in the future.
The Portuguese financial group’s problems have been escalating since accounting irregularities were identified at one of its holdings earlier this year.
The bond represents the cheapest five-year funding raised by Emirates NBD in the last six years.
The contract is for work in Al Furjan Phase 2 and covers the construction of 16km of roads at the community.
The office adds to DCCI’s presence in the Ethiopian capital Addis Ababa.
Under the new deal, the repayment date of the biggest chunk of debt under Dubai World’s $25 billion restructuring would be extended.
The areas that command the least residential rental rates in Dubai, as compiled by propertyfinder.ae.
New daily A380 service to Texas city dovetails with Qantas’ new superjumbo flight from Sydney
The statement follows the Investment Corporation of Dubai’s stake purchase in Dangote Cement in September for $300 million.
The regulators warnings come after a number of fake iPhone 6 handsets were confiscated from various locations across the UAE.
Dubai carrier appoints senior managers but will provide no equity.
As per the deal, MBRF will extend part of its land bank to newly launched developer Nshama to build an integrated community project at a central Dubai location.
Listed on the DFM in 2007, the Dubai-based company was formed in 1975 to support the city’s residential development.
Amanat will use the funds raised from the offering to establish companies in the healthcare and education sectors.
Shares in the Emaar Malls Group IPO were priced at Dhs2.90 per share, giving an overall sale value of Dhs5.8 billion.
The developer has awarded a contract for the project to Overseas AST Company.
The free zone said that its health insurance solution has been tailored to suit its members so that smaller firms can experience the benefits that are usually available to large corporates.
The city has 34 billionaires with a combined wealth of $79 billion, says new report by Wealth-X and UBS.
Football fans set to flock to Sevens Stadium to see two giants compete in Dubai Football Challenge
The bank has set initial price thoughts for the $77.6 million issue of five years duration at 165 basis points over New Zealand midswaps, the document showed.
The new innovation centre will help develop products that will cater to the tastes of the local market and boost regional sales, the company said.
Exclusive: Anan Fakhreddin reveals how the company is rebuilding itself after hitting rock bottom in one of Dubai’s largest business scandals.
A new affordable option, uberX and a corporate account service, Uber for Business, will now be available in Dubai.
MAF-Fashion will begin the roll out of the AllSaints stores across the GCC in 2015, a statement said.
The bank said 2,900 applications for shares in the Emaar Malls IPO came via its ATM and newly launched eIPO platform.
Dubai’s public transport agency will work on projects such as extension of the Dubai Metro’s red line, a major upgrade of roads leading to the expo site and a wider bus network.
The firm raised $75 million, 55 per cent of its capital, in April via an offer that was 36 times subscribed.
Discovery Gardens Pavilion has nearly 30 shops, a medical centre, a nursery, restaurants and cafes along with a Geant Easy supermarket.
The square-shaped smartphone targets business professionals and will retail for Dhs2,699 in the UAE.
Turner won the project management tender for the district, which will house the world’s tallest commercial tower, Burj 2020.