The Jumeirah Village Circle villas project, launched in December 2013, sold for a combined value of Dhs275 million.
Emirates has said it would look at placing an order for up to 200 A380neo jets to replace its current fleet and drive further expansion.
How will Eurowings’ new low-cost Dubai services fare next winter?
The ministry has urged Emiratis who are currently in India to avoid swine flu –affected areas.
The board recommended Dhs0.15 per share to shareholders, the same as the cash payout proposed for 2013.
Abu Dhabi-owned Falcon said that it will be open to deals in core markets such as the Gulf, Eastern Europe, Africa and South East Asia.
The Abu Dhabi carrier currently flies the jumbo jet to London, and will soon begin A380 services to Sydney.
The contract was awarded to construction firm Al Rostamani Pegel.
The lender has picked six banks to arrange investor meetings across Europe starting Monday.
The two 1970’s-built trains have a combined capacity of 2.1 to 3 million tonnes per annum.
Any issue would be received well by investors as the emirate derives substantial support for being part of the UAE.
The UAE and Saudi Arabia are thinking of beginning their partial operation of the network by 2018, said the country’s minister of public works
Dubai retains the top spot in the MENA region, while Vienna is named as the best globally.
The facility, at Abu Dhabi’s Khalifa industrial zone, will produce 240,000 tonnes of sour grade steel pipes.
The recently launched Town Square project is slated to be completed over 10 years, with phase one set to be ready by end-2017.
The contract was awarded to AIMS Group to develop all road and utility works on the project.
ADNOC said on Wednesday it raised benchmark Murban crude prices to $56.55 per barrel, up $10.15 from the previous month.
Aramex made a 2014 net profit of Dhs318.4 million, the company said.
The two sides agreed terms late last month, but the contract which Arabtec subsequently received included less attractive terms for the company.
The lender has earmarked to price its bond issue at 97.5 basis points over midswaps, a document showed.
Emirates’ operations supported 85,100 jobs across the EU in the 2013-2014 financial year, the company said in a statement.
New visa exemptions and more routes from Emirates helped the country become a popular incentive destination.
Vida Town Square Dubai will have about 180 rooms and serviced residences and will overlook the central park of the development, which is the size of 16 football fields.
A total of 7.25 million passengers travelled with flydubai during the year.
The emirate’s 2014/2015 cruise season has 94 confirmed vessel calls, up from 75 in the previous season.
The bank has picked Abu Dhabi Islamic Bank, Al Hilal Bank, Dubai Islamic Bank, Emirates NBD, HSBC, KFH Investment and Standard Chartered to arrange the sukuk sale.
Revenues of hotels and hotel establishments rose 9.8 per cent last year to reach Dhs23.9 billion, officials said.
The seasonally adjusted HSBC UAE Purchasing Managers’ Index fell to 58.1 points last month from 59.3 in January.
Non-fire retardant cladding poses an enormous risk for high-rises in the UAE, write Barry Greenberg and Michael Kortbawi from Bin Shabib & Associates.
Falling oil prices and an imminent liquidity crisis are the other top risks that UAE executives fear might impact their local operations.