The developer’s revenues amounted to Dhs149 million while total sales value reached Dhs234 million in the first six months of this year.
The TRA said that fraudsters, seeking to illegally obtain personal information, were claiming to be from an authorised national telephone service provider.
The low-cost carrier will fly to Tehran from August 11 and Mashhad from August 10.
In May, Dubai Investments divested a 66 per cent equity stake in Globalpharma, which contributed a profit of Dhs472 million.
Accor has signed an agreement with Indian developer Hiranandani Group to manage an ibis Styles hotel.
The new concourse will be connected to an existing terminal by an automated train.
Revenue for the second quarter was Dhs2.19 billion, up 74 per cent year-on-year.
New multiple entry visas have been introduced for students and medical tourists.
The Ebola outbreak, which began in Guinea and has spread to Liberia and Sierra Leone, has killed more than 700.
Dubai saw a number of new property launches, some of which garnered strong investor interest as sales launched. Gulf Business picks the top 10 property launches in 2014.
The conglomerate plans to make its first big repayment early, in exchange for more time before a second and much larger obligation needs to be repaid.
The opening of the Saudi market to direct foreign investment is expected to attract a lot of active money.
The Gulf state, Japan’s second biggest oil provider, exported 23 million barrels during the month.
With 25 to 35 per cent of buyers in Dubai depending on mortgages, regulations that limit lending have been instrumental in easing the growth in luxury house prices.
The Dubai benchmark added 0.5 per cent in the first hour of trade with builder Arabtec rising 1.5 per cent.
The Royal Estate project, which was stalled in 2008, was relaunched this year as a joint venture between developers Aristocratic Star, PAL Developments and Pacific Ventures.
The developer is offering its investors an option to convert its Global Depositary Receipts (GDRs), listed on the London bourse into ordinary shares that would be listed on Dubai’s stock market.
Etihad’s plans to take a 49 per cent stake in the Italian carrier has been held up by disagreements over Alitalia’s debt pile and plans for job cuts that have stoked outrage among Italian unions.
Earthquake measuring 5.5 on Richter scale took place in Iran while tremors were felt in Abu Dhabi and Northern parts of the UAE.
The UAE is fast becoming a cashless society, thanks to a smart governance push and the advent of more secure payment technologies.
Emirates also suspended all its flights to Kiev and none of its planes fly over the Ukraine airspace.
The S&P GCC index dropped by 1.8 per cent during the second quarter of the year, according to a report by NBK.
Growth in Dubai’s retail sector is stimulating demand for warehouse and distribution facilities, says report.
Private sector companies in the UAE will remain closed on July 28, Monday and July 29, Tuesday for Eid.
Wooing Hollywood and Bollywood producers with generous financial rebates, Abu Dhabi is steadily heading towards its aim of becoming a global film hub.
It did not disclose the value of the deal, nor the size of the stake being sold.
The new mall will feature an entertainment zone and an ice rink and will anchored by a LuLu hypermarket, the retail giant said.
The UAE-based fast food chain has teamed up with Prism Properties to open its outlet in the South Indian city.
The UAE is looking to issue various types of visas for purposes such as visit, work, education, medical care and for conferences.
Net profit climbed to Dhs103 million ($28.1 million) in the three months to June 30 from Dhs92 million a year earlier, the company said in a statement.