The Dubai developer said it handed over 400 units during the first quarter of the year.
The law is expected to be ready by 2015, according to a UAE federal minister.
The reduction follows ongoing political unrest in Ukraine.
Under the deal, Julphar will manufacture MSD products related to diabetes, asthma, allergy, pain and inflammation.
The UAE capital recently removed its five per cent rent cap, which is already impacting rates, says CBRE report.
The UAE’s official development assistance amounted to $5.2 billion in 2013, up 375 per cent from 2012.
Rising real estate prices and the Expo win are expected to boost UAE’s economic growth, says IMF.
Marketing expert Prof Laurent Marliere considers challenges to make Dubai the hub of the emerging Islamic economy.
Limitless, a former property arm of Dubai World, restructured the Islamic debt facility in October 2012.
The Interim Marginal Lending Facility will allow lenders to use certain assets as collateral to swap for one-day loans.
Two thirds of UAE companies were targeted with spam in 2013.
The UAE capital has 778,000 sq m of new retail space in its development pipeline, says CBRE.
A relaxing Chinese dining experience amid the hustle and bustle of DIFC.
The Gulf state was also voted a model nation worldwide by the majority of Arab youth in annual survey.
Large volumes of some agricultural goods such as wheat, rice and pulses are re-exported through Dubai.
The emirate organised its first big investor roadshow since the crisis in London.
Peru hopes to double trade with the UAE this year, according to the head of the Trade, Tourism and Investment Office of Peru in the UAE.
The Gulf carrier is expected to give a proposal to the Italian airline soon to start formal talks on the potential investment.
The Dubai lender provisioned five per cent of its total Dhs9 billion ($2.5 billion) exposure to Dubai World.
Cruise liner Queen Elizabeth will arrive on April 17 at Zayed Port as part of a 2014 World Cruise programme and will spend a day in Abu Dhabi.
The 12-day offer of 275 million shares at Dhs1 each, represents 55 per cent of the company’s capital.
Sports City recorded the largest rise in rents as rates grew by 41 per cent, a report says.
Advisors had been appointed last year to help facilitate a merger of the exchanges, but the idea has been discussed sporadically for years without a deal.
The majority of respondents expect investor friendly policies as India elects new government.
German media reports last month said the UAE-based airline could increase its stake in Air Berlin to 49.9 per cent from the current 30 per cent.
The contract is expected to be for 1 kilogramme (32 troy ounces) of 0.995 purity gold, a spokesman said.
The move comes after the British media alleged that the DMCC failed to follow international guidelines designed to govern sourcing of gold.
As Expo 2015 host Milan prepares for the event, officials say they are pleased to hand the baton to Dubai in 2020.
Emirates REIT will raise $175 million in the IPO, which was 3.5 times oversubscribed, by selling 128.68 million new shares.
Dubai’s Roads and Transport Authority (RTA) confirmed that the diversion of utility lines is almost complete.