The new resort, to be completed by 2018, will consist of 800 rooms, suites and 250 hotel apartments.
Mohammed Khalid Khalifa Al Raisi suffered a sudden heart attack at the Armed Forces Residences on Saturday night.
Salaries across the GCC are predicted to rise by five per cent in 2015, according to Aon Hewitt.
The familiarisation trip includes delegates from nine countries in the Americas, Europe, Middle East and Russia.
The loan will be used to fund Empower’s multi-plant district cooling network in Dubai’s Business Bay area, the company said in a statement.
The newly completed phase of the project will be open to public from the third week of September, RTA said.
Emaar expects to sell two billion in Emaar Malls Group with a price range of Dhs2.50 to Dhs2.90 per share, it said in a statement.
Marka initially planned to list its shares on the DFM around the first week of June, but the market was hit by volatility that month.
When Dubai’s residential property prices shot up sharply last year, it invoked fears of another bubble, but analysts suggest the market is sturdier this time around.
Talks are at a preliminary stage to sound out banks about what Dubal could raise in the loan market, the sources said on condition of anonymity because the information is not public.
Abu Dhabi firm Trojan General Contracting committed investments worth $16 billion in various infrastructure projects in West Africa.
About $7.85 billion of orders poured in for the 10-year sukuk ijara from 250 investors on Wednesday.
Luxury brand to follow Four Seasons on Jumeirah Beach Road
Ithmar Capital has sold a 7.3 per cent stake in Al Noor Hospitals, in the first such sell-down since the company was listed in July 2013.
Emaar plans to sell a 15 per cent stake in its retail business unit in a $1.4 billion IPO next week.
The retailing unit of Emaar Properties will launch an IPO on the Dubai Financial Market on September 14.
The second round of funding comes as the previous allocation of Dhs1 billion was fully assigned to various businesses, the bank said.
Apple’s new mobile wallet system will be introduced in its iPhone 6 models and the Apple Watch.
About $7.85 billion of orders poured in for the sukuk ijara from 250 investors.
The residential development will comprise 93 four-bedroom villas, with pre-launch prices starting at Dhs2.9 million.
The company is also offering to return cash throughout the loan’s lifespan, more assets as collateral, a higher interest rate and an early repayment of a first tranche of money due next year.
The Xbox and PS4 consoles feature a rose gold case created by Italian jeweller, Gatti, and will be available for sale at the GAMES14 exhibition.
The 277-room hotel, targeting medical tourists will open in 2016, the hospitality firm said.
Total cost for a university education, including cost of living, stands at $30,472 per year in the UAE, finds new study by HSBC.
The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $7.5 billion, the document said.
The growth in house prices however slowed to three per cent quarter-on-quarter in Q2.
The company plans to float its unit Emaar Malls Group (EMG) this month and subscriptions for the shares will open on Sept. 14.
The offer is rated Baa1 by Moody’s and A-plus by Fitch, and is expected to price on Wednesday.
Dubai-based hotelier says it is in talks with developer Meraas to operate the first VENU hotel in the Bluewaters Island development.
Stephen Kersley has resigned and Ryan Wong will take over as acting head of finance effective October 1, the company said.