The Sharjah-based low cost carrier recorded a 12 per cent rise in passenger traffic.
Dubai’s ruler Sheikh Mohammed launched the first project under the emirate’s Brand Dubai initiative.
The developer said that booked sales more than doubled year-on-year to $864 million in the first quarter.
The country’s manufacturing and hospitality sector have seen immense growth
Waha Capital’s net profit in the three months to end-March rose to Dhs152 million($41.4 million).
Although over supply fears are uncalled for, average Dubai room rates need to decrease, industry experts say.
The Asian country has become an important gateway hub for the Dubai-based carrier.
Aldar launched three new developments worth Dhs5 billion last month and said it was exploring 23 property projects.
Women working in the country’s public sector can retire earlier at 55, finds new Mercer report.
Implementation of the federal mortgage cap seems to be most effective in cooling prices, real estate consultancy Cluttons says.
The expansion is planned to more than double the capacity of Ruwais refinery from 415,000 barrels a day (bpd).
Mauser was put up for sale earlier this year, having been bought by DIC from JP Morgan’s buyout unit in 2007, in a deal which valued the firm at 850 million euros.
The move is expected to make closing prices more predictable and eliminate large last-minute swings, the bourse said.
The bank made a profit of Dhs512.1 million ($139.4 million) in the quarter, up from Dhs494.9 million a year earlier.
The firm made a net profit of Dhs45.7 million ($12.4 million) in the first three months of 2014.
The developer’s profit rose to Dhs453.4 million ($123.4 million) in the first quarter from Dhs154.3 million in the same period of 2013.
The stores, located in Europe’s Benelux region, will be operated by Wadi Degla Holding.
Housing allowance currently stands at around 25 per cent of basic pay across most GCC countries.
The company’s gross profit rose almost 18 per cent to reach Dhs237.1 million in first quarter of 2014.
The emirate is organising a roadshow across Beijing, Shanghai, Chengdu, Guangzhou and Hong Kong.
The 372-room hotel at Ibn Battuta Mall is scheduled to open in 2016.
Shuaa made a profit of Dhs8.2 million ($2.23 million) in the three months to March 31, according to a bourse statement.
The agreement is expected to allow for greater collaboration ahead of the GCC Rail project.
Located 65km off the UAE coastline the island will be home to hotel apartments, villas, and a luxury five-star hotel
The second phase of the project is scheduled to be completed by 2016, RTA chairman Mattar Al Tayer said.
The expansion will see an addition of 4,300 hotels rooms over the next three years, state news agency WAM reported.
The fund had revenue of Dhs91.2 billion ($24.8 billion) for the six months ending June 30, 2013, compared with Dhs77.3 billion in the same period in 2012.
Abbas Yazdi, a businessman who owns a general trading company in Dubai, disappeared last June.
The plan is to use bond market financing to take out a bridge loan signed in connection with the acquisition.
The new FOL would be 40 per cent and aims to improve the liquidity available to foreign investors.