The Dubai-based firm has become 100 per cent shareholders of the English football club.
Arabtec will buy 149.6 million shares in Depa, valued roughly at $65.8 million.
With $4.4 billion needed to meet its first obligation, there are worries as to where the money will come from.
Dubai Marina and The Springs come second and third in propertyfinder poll.
Lender’s Anshu Jain tells business leaders in Dubai chances of Greece leaving have lessened.
Sheikh Mohammed bin Rashid al-Maktoum reduces the number of board members from six to five.
Tenants said they must sign waiver to go inside building; victims offered hotel apartments for one month.
The new Moroccan themed development will be an extension of Emaar’s Arabian Ranches development.
Dubai’s largest bank is targeting international revenues of around 20 per cent of its total by 2017.
Experts warn developers not to use cheap building materials as they pose a serious fire safety risk.
A survey shows 86 per cent of UAE residents do not have contents insurance.
Best tweeted pictures of the fire that ravaged Dubai’s Tamweel Tower.
Dubai’s government building department will investigate the fire but only for ‘recording’ purposes.
Muna Ghanem Al Marri has been appointed as the new director of the Dubai Government’s media office.
Several residential and commercial buildings in the city have witnessed fire accidents in 2012.
The global investment bank can exercise warrants after two years. The lender secured a loan facility for D&S last week.
The building’s owner issues statement of support for residents as blame circulates around building’s materials.
The Dubai-based property developer made Dhs567 million from the sale of condominiums in the third quarter.
No casualties reported as huge blaze engulfs Tamweel tower in the early hours of Sunday morning.
The project, slated for completion in 2015, includes a luxury five-star hotel, a villa complex and a commercial centre.
The contracting firm was hit by higher costs and dropping contract revenue.
The lender did not provide any reason for his resignation.
Retail must accommodate middle-class tourists’ needs as their numbers rise, say experts.
The 355-metres tall JW Marriott Marquis Hotel opens its first tower, adding 804 rooms to Dubai.
The emirate sees no need to recapitalise the support fund that helps state-linked bodies, said Sheikh Ahmed, head of the Supreme Fiscal Committee.
Commercial demand is increasing in areas like DIFC and Downtown Dubai, says new report.
The investment bank which has been through three CEOs in the past year posts Q3 loss of $3.78 million.
Sample Central allows members to take products home for free in return for sharing their opinions.
The airline’s president Tim Clark has said the carrier could make its most expensive purchase ever from Boeing.
Dubai-based Emirates will now serve as the official airline of the games and the Queen’s Baton Relay.