Dubai’s bourse dropped 1.2 per cent as most stocks pulled back while heavyweights such as Emaar Properties and Arabtec Holding fell slightly.
The official said that the fall in oil prices will not deeply impact UAE’s GDP growth since the country is economically diversified with oil accounting for less than 30 per cent of the GDP.
Around 20 per cent of the employees polled in the UAE said that IT security policies made it harder for them to do their job, a new survey shows.
Emaar said the sale of the land, which is yet to be concluded, was in the “normal course of business”.
Five passengers with flu-like symptoms were removed from the Emirates flight that arrived at Boston Airport on Monday.
Currently around 30 public entities are offering their services on mobiles, a senior official confirmed.
The move is expected improve the ratings on the happiness index that was launched by Sheikh Mohammed earlier this week.
The projected federal spending of Dhs49.1 billion is up from Dhs46 billion in the original budget for 2014.
Dubai plunged 6.7 per cent, Abu Dhabi slid 2.1 per cent and Qatar dropped 2.7 per cent.
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Etihad and Air Berlin have in the past shared codes on flights to around 60 destinations, meaning their number of shared flights will more than halve.
After five years without an IPO of notable size, Emaar Malls Group attracted orders worth more than $47 billion for its $1.58 billion Dubai listing last month.
As the UAE’s shifts to omni-channel retail, industry players will have to innovate to keep pace.
The upcoming mega Dubai Parks and Resorts project features five theme parks including Hollywood and Bollywood-inspired parks.
Tim Clark told the German online magazine that modern planes already had the necessary equipment but measures should be taken to ensure pilots can’t turn off tracking devices.
The company placed its Trekker camera on top of a camel to capture the imagery.
Badrah Pavilion is Nakheel’s sixth neighbourhood retail centre and will serve 800 homes at the developer’s Badrah and Veneto communities.
Emirates Transport has been meeting the staff transportation needs of ENOC’s group of companies for the last seven years.
The airline will fly to Bratislava, Sofia and Prague starting from December.
Markets across the region fell on Wednesday as global equities came under pressure from worries about economic growth.
The developer said that it will add an expansive retail offering at Riverpark, the project’s entrance plaza that interconnects the three theme parks.
Called Etihad Airways Partners, the group initially includes six airlines and aims to provide improved networks and better frequent flyer benefits.
The purchases strengthened the Dubai cash price, flipping it into a small premium against its swap for the first time in two months.
The project is the highest residential development in Palm Jumeirah and is scheduled to be finished by 2017.
The developer reported a net profit of Dhs2.6 billion, aided by strong growth in its retail and leasing businesses.
The investment is expected to help Amak, a firm specialising in providing petroleum services, to fund its growth plans.
Libstar operates across South Africa through manufacturing, supply and distribution and employs about 4,200 people.
IHG targets mid-market growth with second Holiday Inn in UAE capital
Luxury SQft will focus on the UAE’s affluent areas and will have only 100 real estate agents promoting their properties.
The company is already investigating alleged bribery in other Middle East countries, including Lebanon, Jordan, Syria and Iraq.