Citigroup has experienced growth in credit card acquisitions in the UAE of 2.5 times over the past year, it said.
The acquisition is being funded by a blend of the company’s own funds and bank facilities, Marka said.
Uber’s reach now stretches across 310 cities and 55 countries and it records one million trips a day.
Canada was ranked as the world’s best medical tourism destination worldwide in 2014, according to a new index.
DSI’s first-quarter revenue was Dhs1.11 billion, down from Dhs1.25 billion a year earlier.
From October, online visas will become mandatory, and visas on arrival will not be granted at the airport, officials said.
The state-linked builder made a profit of Dhs618 million in the three months to March 31.
Up to 66 per cent of UAE professionals believe they earn less than what other firms in their industry offer, finds new survey by Bayt.
Published by the OECD, the biggest-ever global school rankings list is based on test scores in maths and science in 76 countries.
The move could further anger US carriers, which accuse Emirates of competing unfairly through state subsidies.
Total revenues tumbled 29 per cent to Dhs5.13 billion because of the plunge of oil prices since last June.
The builder reported a loss attributable to equity holders of Dhs279.82 million in the first quarter.
Alibaba’s subsidiary Aliyun will set up a venture with Dubai-based Meraas.
The transaction has received orders of seven times its size, an earlier document showed.
Abu Dhabi’s International Petroleum Investment (IPIC) owns all of Cepsa and is the biggest shareholder in Cosmo.
The company produces about 2.4 million tonnes of aluminium products per year.
The movie has been written and will be directed by James Ponsoldt, and will start shooting in August 2015.
The additional service will increase Emirates’ total number of weekly flights serving Lebanon to 21.
The new logo design will be selected from 18,000 entries received during a public competition.
Sales of the three and four bedroom townhouses will begin on May 16.
Private sector employees who have a holiday on Saturday will not be given a compensatory day-off.
Barclays, Citigroup, Deutsche Bank, Emirates NBD Capital, HSBC, National Bank of Abu Dhabi and Societe Generale are arrangers for the bond issue.
UAE nationals can now travel to 104 countries, pushing the country’s ranking on Arton Capital’s Passport Index to 31.
The airline carried 1.8 million passengers in the first quarter of 2015, up 10 per cent year-on-year.
Flight EY650, an Airbus A321, was carrying 128 passengers and seven crew from Cairo to Abu Dhabi.
The theme park operator also said that it spent almost Dhs3 billion on the project in Q1 2015.
The Nareel development, designed for Emiratis, consists of two islands comprising 148 villa plots.
The contract for the project will be awarded on January 28, 2016, a senior RTA official said.
Dto Gulf airlines really get unfair assistance from their governments, or are US carriers looking to stifle the competition?
The emirate’s real estate is expected to stabilise this year, but the negative impact of lower oil prices could be felt in the longer term.