Combined cargo volumes at Dubai International Airport and Al Maktoum International rose to 3.13 million tonnes last year from 2.65 million tonnes in 2013.
The Dubai-based bank is marketing the Australian dollar- denominated seven-year notes to yield about 225 basis points above the swap rate, a document from leads showed.
Diamond prices weakened late last year, partly due to the closure of Antwerp Diamond Bank in October squeezing liquidity for manufacturers.
Damac reported a fourth-quarter net profit of $249.8 million, up 11 per cent from the year-ago period.
The emirate fell from the third spot last year to the 13th position on this year’s annual City Momentum Index, released by JLL.
The developer says on track to begin unit handover to buyers from April 2016.
Brent crude jumped 2.2 per cent to $57.80 per barrel on Friday, posting its largest two-week gain in 17 years.
The project mainly comprises of one-bedroom units ranging from 825 square feet to 1,150 square feet.
The UAE’s healthcare sector needs to address the shortage of local talent, writes Abedin.
The development features 44 retail, restaurant, cafe, and entertainment brands, Meraas said.
The villas, located in the Heart of Europe project, are being developed by the Kleindienst Group.
The company made a net profit of Dhs89.4 million ($24.3 million) in the last quarter of 2014.
The private developer is looking to open offices in London, Singapore, Riyadh, Doha and Kuwait City by July 2015.
The hotel will have close to 300 rooms and is slated for completion in 2017.
Moody’s on Tuesday withdrew Shuaa’s ratings, citing Moody’s “own business reasons” without elaborating.
Brent crude fell 0.7 per cent in Asian trade after surging almost six per cent on Tuesday.
Work on the project is slated to be completed by 2018, officials said.
Gross volumes totalled 60 million 20-foot equivalent units (TEU) in 2014, driven by new developments in Britain and Brazil.
Both contracts are for construction of residential villas in Dubai to be delivered in 2016, the company said.
An important area for 2015 will be new technology and the development of Dubai’s smart economy, writes Buamim.
DFM’s full-year profit rose 167 per cent to Dhs759.3 million.
Prices are expected to fall thanks to increased property sales taxes, stricter mortgage rules and a lack of affordability.
Damac’s 2014 full-year profit was $937 million, up from $641.5 million in 2013, the company said.
The healthy fast food retailer is looking to expand across the region, says Haddad.
The Dubai benchmark jumped 4.5 per cent to close at 3,840 points, its biggest daily gain in six weeks.
The sugar refinery has 1.5 million tonnes of raw sugar, either stockpiled at the refinery or on its way to the refinery.
The mega event is expected to welcome 25 million visitors, with the majority of them coming from overseas.
Dubai Investments previously said that it was close to two acquisitions, worth a combined value of Dhs400 million ($109 million).
The facility will cater to the small and medium companies in the global maintenance, repair and overhaul (MRO) sector.
The outlook for UAE banks in the near to medium term remains favourable, writes Nelson.