Nakheel’s chairman reveals how he revived the company’s fortunes, and why he is confident Dubai’s property market will not crash again.
The new Mohammed bin Rashid Space Centre will conduct outer space research and help build the UAE’s capabilities in outer space exploration.
The contract includes a long-term “Totalcare” package, which means Rolls-Royce will also provide service and maintenance to Emirates for the Trent 900 engines.
Amlak’s shares have been suspended since November 2008 after the global financial crisis helped trigger a local real estate crash.
Dubai is planning to be a centre for an “Islamic economy” with sharia-compliant businesses ranging from banking , trade, food preparation, fashion, education and tourism.
The law regulates the usage of laser, fireworks, light beams and drones in Dubai’s airspace.
Al Naboodah will carry out the complete earthwork grading for the 31 million sq ft project.
Capacity rise on key London route coincides with arrival of its 60th A380 aircraft
The Egyptian government had said state-owned EGPC will buy 65 per cent of its oil product import needs from ADNOC in 2015.
LandmarkShops.com recorded a 200 per cent year-on-year growth in revenue for the fiscal year 2014-2015.
A new study reveals that majority of women in the GCC feel disadvantaged at work due to prevalent gender inequality.
The new track will connect the existing cycling path at Seih Assalam to Mohammed bin Zayed Road and onwards to Nad Al Sheba.
The listed developer also projected a higher profit forecast for this year and approved a cash dividend worth Dhs1.07 billion.
Emaar Properties expects a 2015 net profit of Dhs3.695 billion, higher than the Dhs3.366 billion average forecast.
The airline’s capital spending on aircraft and other aviation equipment pumped in $2.6 billion to the European economy last year while supporting 28,100 jobs.
The bank sold a $1 billion capital-boosting sukuk issue in January.
The Dubai index jumped three per cent, hitting a two-month closing high of 3,942 points.
The regulator penalised Deutsche Bank on finding “serious contraventions” in the lender’s Dubai operations.
Over 60 per cent of residents plan to move to a new home before their next lease renewal, finds new survey.
Huda al-Lawati was previously a managing director at Abraaj, having joined the firm in 2004 as an analyst.
The bank made a net profit attributable to shareholders of Dhs816.7 million in the first quarter of 2015.
The total number of workers in the country reached over 4.4 million, according to data from the Ministry of Labour.
The ruling comes as the accused Alaa Bader Abdullah told the court in a previous hearing that she was not mentally stable and had suffered from hallucinations.
The developer made a quarterly profit of Dhs55.2 million in the three months to March 31.
The firm said in January that the cash would be used to fund the company’s general corporate needs, new developments and growth plans.
The National Security Council said the meeting is scheduled for next Monday.
Properties in close proximity to the new stations may receive stronger interest, even in the short term, Valustrat said.
Dubai’s ruler asked residents to share their suggestions on Twitter via the hashtag Mars_Probe.
Noor Bank said its sukuk programme had been arranged by itself as well as Citigroup and Standard Chartered.
Those finding abandoned plots of land in Dubai are required to report the property to the police within 48 hours.