The lender announced on Wednesday that it was boosting the limit on foreign ownership to 20 per cent.
The lender is currently in the process of delisting Tamweel from the Dubai Financial Market.
On-site tenants will be offered basic memberships and premium tiers for a monthly or yearly fee
The 555-room hotel, located opposite The Dubai Convention & Exhibition Centre, will primarily target business guests
Deutsche Bank and Citigroup Inc will advise on the planned flotation, two banking sources said.
UAE aviation regulator GCAA gives the green light for passenger flights from late October
Airline identifies demand for premium services between Dubai and Kabul
Investors bought over half of the 140 apartments in the Burj Pacific development during a two-day sales showcase.
The new property includes fully furnished serviced residences in Downtown Dubai.
Trading was briefly halted after the developer failed to disclose the results of a board meeting.
Sheikh Mohammed’s latest book, Flashes of Thought, talks about time management, positive thinking and creativity.
Luxury resort will be predominantly targeting well-heeled leisure guests although a ballroom and six meeting rooms are available
Construction of the project will use green initiatives and eco-friendly systems.
The project will be completed in phases and will have a production capacity of 1000 MW of electricity.
Mashreq chief executive Abdulaziz al-Ghurair had said in February that he was optimistic about the bank’s performance this year.
Average retail rental rates in Dubai and Abu Dhabi were $114 and $71 per square feet per annum respectively.
Dubai’s foreign trade growth during the first half has exceeded the expected growth rate for the entire year.
The Dubai-based company has taken the lease for the 15,000sq ft Reform Social & Grill Dubai in The Lakes from Emaar.
Hilton luxury brand’s first GCC property times launch for start of peak corporate season.
The loan is related to Dubai Holding Investment Group’s acquisition of a 9.9 per cent stake in U.S. hedge fund Och-Ziff Capital in 2007.
The renovation project will include new shopping, dining and entertainment concepts.
Low-cost airline has taken delivery of its second A330 which will be deployed on the the carrier’s first long-haul flight to Dubai from October
ATSB rules operator’s procedures were effective but expresses ongoing concerns over nozzle designs
Gulf Arab companies are boosting their investments in Africa lured by the continent’s untapped resources.
Sarah Cocker will join Malcolm Taylor in hosting the award-winning breakfast show.
The companies were holding talks to merge certain parts of their businesses.
The 432-metre tall Marina 101 Hotel & Residence tower is set to open in Dubai Marina in the fourth quarter of 2014.
The Grand Prix d’Horlogerie de Genève will showcase 70 of the finest watches in DIFC this October.
Emirates’ superjumbos may hold the key to the conundrum posed by Dubai Airports’ 80-day runway programme next summer.
The 33-month construction contract has been awarded to Turkish firm TAV Construction.