The public declaration is a motivational approach unique to the UAE, which invokes honour, the backbone quality of the region, writes the author of ’10 Tips For Leadership In The Middle East’.
The budget airline announced that it will begin services to Bujumbura in Burundi, Entebbe in Uganda and Kigali in Rwanda.
Arabtec shares jumped 13 per cent to Dhs4.79 over the past four trading days on speculation about a potential deal between Hasan Ismaik and Aabar.
The company, one of the more profitable assets of debt-laden Dubai World, posted a first-half net profit of $332 million.
Exclusive: The UAE has seen a flight to safety of wealth from conflict-ridden areas in the region, says Emirates NBD CEO Shayne Nelson.
The developer has awarded a contract worth around Dhs75 million to UAE-based Trojan General Contracting to build the complex.
Hasan Ismaik, the former CEO of Arabtec, confirmed that he was in talks with Abu Dhabi state fund Aabar to sell part of his stake.
The contractors, who designed the project from the Expo 2020 bid phase, are currently undertaking site readiness activities.
The developer said that it preponed the second release of units at the AKOYA development owing to strong investor demand.
Investors are hoping Abu Dhabi’s Aabar will soon buy a part of the 27.9 per cent stake held by Arabtec’s former CEO Hasan Ismaik.
The development, called Villa Lantana, will feature 440 units including three, four and five bedroom homes.
The new phase will include a redesigned VOX Cinemas complex and the launch of new fashion brands and F&B outlets.
The emirate recorded a 26 per cent rise in the number of visitors from China.
The two million square foot mall will feature a multi-screen cinema, supermarket, speciality shops and F&B options.
Shares in Dubai builder Arabtec rose as speculation grew about the sale of the stake owned by former CEO Hasan Ismaik.
The new development, spread over 55 million sq ft in Dubailand, will feature residences surrounding a golf course.
In an exclusive interview, George Kostas elaborates on the future of the company.
The emirate ranked seventh on the list, beating Los Angeles, Beijing and Sydney.
All the information you need to get up and running with your venture in one of easiest places in the world to do business in.
Metac General Contracting has won the contract to build 84 townhouses and a new retail centre within the new development.
The store is the first to open for business in the mall’s renovated North Wing.
No figure for compensation was set but the family has been claiming over $26.5 million.
The state-controlled developer will repay 31 banks Dhs5.54 billion on Thursday, it said.
Singer was appointed CEO in July 2012, after four years as CEO of the Nasdaq Dubai bourse.
The one-km-long diversion, expected to last for a month, will be the final one ahead of the Dubai Tram launch in November.
The six-year loan, originally signed in July 2012, was split between dirham- and U.S. dollar-denominated tranches.
The new development, spread over 55 million sq ft, will include residential property surrounding a championship golf course.
The qualified investor funds (QIFs) can be offered only to experienced professional investors and require less regulation.
Dubai-based Ghantoot Road Contracting has won the contract to undertake infrastructure work in Al Furjan Phase 2.
Other popular medical tourism procedures included cosmetic, dental, cardiac, and orthopaedic procedures, treatments or tests.