Rising house prices could affect Dubai’s regional competitiveness, an expert has said.
The mosque will use LED lights, solar panels and energy saving taps to save energy.
Around 55 percent of the company’s equity, or 275 million shares, will be offered to the public in the IPO at Dhs1 per share on the Dubai Financial Market, CAPM said.
Emirates confirmed a hydraulic brake fluid leak on the flight, which was travelling from Kuwait.
The DMCC partnered with global brokerage firm BGC Partners this week to promote the platform to a wider international trading community.
Passavant-Roediger, a German subsidiary of UAE-based Drake & Scull International, will undertake one project in Gujarat and one in Rajasthan.
Funds from the programme will go toward expanding the bank’s day-to-day business.
Etihad Airways said all flights into Abu Dhabi were temporarily diverted to other airports in the region.
The warning comes as Etisalat and Khalifa Foundation plan to auction VIP packages that would provide certain privileges to customers.
Technical failure forces Abu Dhabi flights to other regional airports
The strategy includes 100 initiatives in transport, communications, infrastructure, electricity and urban planning.
Saudi Arabia, Bahrain and the UAE said on Wednesday they were withdrawing their ambassadors from Qatar.
The UAE has passed a new ruling exempting citizens from 13 European member states from requiring a pre-entry visa.
The new cinema complex is located at ‘The Beach’, a retail destination being developed by Meraas Holding in Dubai Marina.
Mannai and EFG-Hermes took control of the jeweller in April 2012, with Mannai holding 66 per cent of Damas.
Dubai and Abu Dhabi feature among the top 10 global cities seeing a rise in luxury residential property prices, according to Knight Frank.
They accused Doha of not implementing an agreement among GCC countries not to interfere in each others’ internal affairs.
The conglomerate obtained money for the prepayment from asset sales.
Under the deal, Arabtec Construction will build over 1,500 townhouses in Emaar’s Reem community.
New survey attributed the higher than average rates during the start of the year to the holiday season.
Ras Al Khaimah Ceramics has a market capitalisation of $781 million.
The 2014 Gulf Business Salary Survey reveals the best-paid jobs in the UAE.
Mubadala shifted some of its focus to emerging markets after the global financial crisis hit the United States and Europe.
Etisalat agreed to buy Paris-listed Vivendi’s 53 per cent holding in Maroc Telecom for 3.9 billion euros last November.
Etisalat made a net profit of Dhs1.45 billion ($394.77 million) in the three months to December 31.
Unrealistic pay rises during boom time might prove counterproductive to a company’s growth, expert says.
The developer said it booked sales worth $2.5 billion in 2013 compared with $661 million in the prior year.
Over 11 million guests stayed in the emirate’s hotels and hotel apartments last year with occupancy rates reaching 80 per cent.
The deals include a $720 million package and agreements with Standard Chartered Bank and DBS Singapore.