The project will include a floating market, hotels, restaurants, art galleries and shops for Emirati handicrafts.
Etisalat has bought into Maroc Telecom through a separate legal entity, Etisalat International North Africa (EINA).
The EIA official did not rule out the possibility of an extra charge being levied if the banks started using the Emirates Identity Cards for financial transactions.
Investor orders worth around $2 billion have been placed so far, a document from lead arrangers said.
There has been a marked increase in the number of direct air connections between the two regions in the last year.
The hotel is part of the developer’s Dhs2.5 billion Opus project, located in the Burj Khalifa district in Dubai.
The firm made a profit of Dhs274 million ($74.6 million) in the three months to March 31.
Work will resume for both private and public sector workers on May 26, officials said.
Lufthansa, Europe’s largest airline by revenue, had put LSG Sky Chefs up for sale in 2012 but then abandoned the plans.
Lady Gaga’s concert in Dubai is set for September 10.
The mixed-use development is being planned around the 53-hectare Al Mamzar Lake.
The Abu Dhabi carrier flies four times daily to Qatari capital Doha.
The institute will focus on skills development and research capabilities as Dubai targets becoming a ‘Smart City’.
The fund aims to issue an Islamic bond with a six year lifespan and a conventional bond offering of 10 years duration.
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.