The acquisition is Al Habtoor’s second hotel in the Hungarian capital.
As per the deal, bonds can be listed and traded through the exchange by local and international investors, with NBAD using its account with Euroclear to process the transactions.
The tramway’s stations are also almost complete, confirms RTA chairman Mattar Al Tayer.
Samsung Galaxy S3 was the second most commonly used smartphone with 2.7 per cent of market share, followed by iPhone 5s that had 2.5 per cent share, official data reveals.
Paris and London are the second third most favoured destinations, according to a study by Private Jet Charter.
UAE officials have also urged Emirati citizens in Lebanon to leave the country immediately.
Nomura Asset Management and Lazard Asset Management have opened new offices in Dubai this year.
The founder and president of Nasser Saidi & Associates explores the impact of the Emerging Market Upgrade on the UAE and Qatar.
Hasan Ismaik who resigned from Arabtec on Wednesday, holds a 28.85 per cent stake in the company.
The cargo operator was included in the list after seeing record April and May tonnage.
The airline will add over 135 seats to San Francisco and 137 seats to Houston after it launches the jumbo A380 on these routes.
The amount represents a five-fold increase compared to the same period (June 12 – June 15) in 2013, said Visa.
The investment firm said it plans to make a significant capital expenditure in the listed Egyptian hospital.
Shares of Malaysian Airline System Bhd rose the most in more than a year on Wednesday following a media report that the carrier will form a partnership with Etihad Airways.
Construction on Abu Dhabi’s Reem Mall is expected to begin in 2015, with the project slated to complete in 2018.
Under the proposed new arrangement, the Reserve Bank of India would buy the dollars from authorised currency dealers, instead of the Indian oil buyers tapping the currency market.
According to the report, 3.3 per cent of UAE households hold private wealth of at least $1million.
The company confirmed the appointment of Mohamed Al Fahim as Arabtec’s acting CEO for an unspecified “temporary period”.
The foreign ministry said that the UAE, a close ally of Saudi Arabia, opposed any interference in Iraq’s affairs.
The 588-room hotel, located in the Dubai World Trade Centre District, is scheduled to open in Q1 2016.
Dubai builder Arabtec’s share price plunged as much as 50 per cent in the last six weeks.
Saudi Arabia, Kuwait, Oman and Jordan were the other attractive retail markets in the Middle East, according to a new report.
The low-cost carrier will now operate 21 weekly flights between the UAE and Muscat.
A new study shows that the emirate rose to the third position this year, up from the eighth position in 2013 in the list of most popular destinations for China’s rich travellers
The fasting hours this year are expected to last for around 15 hours, according to the Sharjah Planetarium.
The bill, which covers all equestrian disciplines from racing to polo, outlines financial penalties from Dhs20,000 to Dhs500,000 ($5,400-$136,100) for various doping offences.
The GCC luxury goods market has continued to grow fast, at a rate of five to eight per cent.
RAKBANK, rated BBB-plus by Fitch, attracted books of over $1.5 billion for its offer.
The 750kg reptile, brought in from Australia, becomes latest attraction in Dubai Mall, as Emaar seeks to boost visitor footfall.
The agreement will facilitate joint investments by both organisations in clean energy projects and green technology investment funds.