The company received $53 million in dues from the Egyptian government.
Public and private sector workers get one day off on Wednesday, January 1, 2014.
The airport’s November passenger traffic was up 9.8 per cent compared to the same period in 2012.
UAE professionals incurred a yearly revenue loss of 26 per cent due to lack of face-to-face meetings.
The Dubai developer gained three per cent to reach Dhs7.57 at the close of trading, its highest since September 2008.
The UK has been aggressively targeting the wealthy Gulf tourists through various marketing campaigns this year.
The Hazza bin Zayed stadium, which can accommodate 25,000 spectators, is expected to boost the emirate’s sports industry.
Including the latest payment, Dana Gas has received a total of $130 million from the Egyptian authorities this year, it said.
Coal & Oil will use the amount to complete its 1200mw thermal power plant under construction in Tamilnadu, India.
Shezanne Cassim, 29, has been detained since April after publishing the 20-minute “mockumentary” film.
The ruling aims to encourage owners to renew existing leases rather than bring in new tenants at much higher rates, says expert.
The deal, valued at $2.9 million, is Hayaat Group’s first investment in East African oil exploration.
Dubai Marina topped the list of Dubai’s most searched locations to rent property in, according to propertyfinder.ae.
The two-year loan facility will be used to fund the lender’s general business.
The firm won a deal for mechanical, electrical and plumbing work at the Mall of Qatar, which is now under construction near Doha.
Young female entrepreneurs in the UAE require greater mentorship and hands-on-training, say businesswomen in the country.
As per the ruling, landlords can raise rents by 20 per cent if contracts are 40 per cent or more below average prices.
M&A activity in the UAE has been picking up pace as market conditions improve.
The builder said it would set up real estate development units in Dubai and Abu Dhabi.
The mobile number portability service will come into effect on December 30.
The struggling Italian carrier is studying other options as well, said its CEO.
iPhone 5 had a marketshare of 2.8 per cent in the third quarter, slightly higher than Samsung’s Galaxy S3.
The company had been in discussions with the UAE about a deal possibly worth around $9.82 billion.
As the UAE market outlook improves, DGCX is looking to expand its offerings.
Ever wondered how your aeroplane is guided out of the airport? Or how aircrafts don’t bump into each other in the sky? Here’s a step-by- step guide.
Dubai’s office rental market growth is driven by the emirate’s favourable economic and investor-friendly conditions.
Proceeds from the three-year loan will be used for general business purposes.
Agreement provides Greeks with greater global connectivity and Etihad with improved access to Greece and mainland Europe
Abraaj bought 80 per cent of dairy producer Yorsan Gida Mamulleri AS for an undisclosed price this month.
Empower is planning a takeover of rival utility Palm District Cooling, say sources.