The low-cost airline said all flights to and from Dubai between May 1- July 20 will operate out of Sharjah.
The size of the issue was expanded to $650 million from the originally planned $500 million.
The sukuk is expected to launch and price on Wednesday.
The company reported that its EBITDA grew 11 per cent to reach Dhs3.3 billion in 2013.
The proceeds will be used for Damac’s general corporate purposes.
Regional club owner expresses concern about the number of new night leisure venues opening in the emirate.
Dubai World would be able to meet a $4.4 billion loan maturity in May 2015 and to make some other repayments early, a senior official said.
Executives from 13 companies listed on the DFM and NASDAQ Dubai will meet investors on April 28 and 29 in London.
Local initiative Turn8 is fuelling Dubai’s entrepreneurial scene with investor-demo days.
The community will feature 177 villas in four styles.
Dubai carrier’s double-decker fleet now the size of some international airlines
The service provides users access to over 250 government services.
Buyout firm GrowthGate Capital plans to take Able Logistics Group public on the Dubai Financial Market around the end of 2014.
Dubai Holding Commercial Operations Group reported a 2013 net profit of Dhs3.3 billion.
The deal, awarded to Ginco General Contracting, covers the construction of 936 townhouses at Warsan Village.
Godolphin’s reputation suffered a blow last year when its former trainer Mahmood al-Zarooni was banned for administering anabolic steroids.
The Dubai-based e-commerce site will invest part of the recent funding it received on developing its mobile technology.
The Dubai developer has appointed Barclays, Citigroup, and Deutsche Bank as joint global co-ordinators.
A joint venture between US-based Parsons and Halcrow has won the deal.
Almost 16 per cent of respondents said that they doubt if the event would deliver any benefits once completed, a new survey shows.
Chairman Ali Rashid Lootah confirms that the developer will seek a public listing once it has paid up all its debts.
The developer is launching 15 resort beach plots and 79 waterfront hotel plots across two of the development’s four islands.
Up to 14,500 delegates from Nu Skin Enterprises in China will visit the emirate between April 6-16.
A one million sq ft mall in Jumeirah Village Triangle will feature a 15-screen cinema, a hypermarket and entertainment options.
Saudi Arabia’s Hanco and Bahrain’s Venture Capital Bank bought Byrne for around Dhs600 million.
Dubai on track to overtake London Heathrow as the world’s premier international passenger airport by 2015
Dubai’s medical tourism strategy will be carried out in phases with the first stage lasting till 2016 and the second till 2020.
The company is looking at deals in healthcare and education.
Trading in shares of Amlak was suspended in November 2008 as credit markets dried up.
The e-commerce site will invest the amount in boosting technology and improving its mobile offering.