The Dubai developer announced earlier this year that it would repay Dhs4 billion of its bank debt in 2014, ahead of maturity in September 2015.
The hotel will offer 268 fully refurbished and brand new rooms and suites.
Al Khalidiyah Mall has launched a new 3D cinema and a bowling alley in addition to opening new international branded stores.
Dubai’s service and manufacturing firms are the most optimistic about hiring, according to a DED survey.
The country is mulling the imposition of tax on companies, Sheikh Hamdan cofirmed.
The sizes of the stake and details of the nature of the alliance have not been disclosed.
The performance marks the start of a tour that moves on to Japan, Macau, Australia and New Zealand.
This is the American’s first singles title since 2012.
Unlike Dubai, Abu Dhabi’s property market rebound appears to have been triggered by clever government intervention in the market.
More than 23,000 mobile numbers have been switched so far, according to the TRA.
Under secretary for political affairs Wendy Sherman will travel to Abu Dhabi, Riyadh and Jerusalem next week for consultations with respective governments.
The fund’s largest equity investments include Emaar Properties and London-listed UAE firm NMC Health.
An extra charge of Dhs2 will be levied on all credit and debit card payments while Nol card users will incur a Dhs1 charge.
Engineers found the smoke to be the result of a common occurrence caused by a warm tyre, the airline said.
Accor is tapping into region-wide demand for long-stay accommodation
Ambassador for the UK’s financial sector wants to see more women at senior management and board level.
The developer confirmed that 120 retailers have booked spaces at Nakheel Mall.
The branded credit and debit cards will introduce a new rewards programme for users.
Dubai’s inflation rate rose month-on-month by 0.49 per cent in January, driven by housing and utility costs.
The new listing could revive the struggling platform, says senior lawyer.
The emirate borrowed the money five years ago and the debt is due to mature next month.
One-bedroom units in the emirate recorded the highest rise in rates as rents rose by 11 per cent in the last quarter.
The Abu Dhabi Plaza development in Kazakhstan is under construction by a joint venture of Arabtec and Consolidated Contractors Co.
Abu Dhabi Investment Council and Dutch-owned oil trader Vitol have reportedly bought Shell’s downstream Australian assets.
The kids’ retail store, part of the Landmark Group, currently operates 40 stores in the UAE.
The new entity, called Emaar Jameel, will focus on developing integrated real estate projects in the Kingdom.
The telecom operator currently claims 46.4 per cent of mobile subscribers in the UAE.
Along with domestic buyers, Dubai’s real estate market is recording a rise in institutional investors.
Jan Bladen has been appointed executive adviser and programme lead at Abu Dhabi Global Market.
Prices for the 504 units on sale at the Palm Tower Residences start from Dhs1.5 million.