But Group CEO confirms there will be no new Metropolitan Hotel on the three-hotel site
The UAE currently produces around 2.7 million tonnes and relies on imports for the rest, according to officials.
Abu Dhabi-listed Dana Gas has won a bid to develop an offshore block in Egypt’s Nile Delta.
The low-cost carrier will link Juba with Dubai four times a week.
Dubai’s index rose 1.4 per cent to 1,986 points, its highest level since December 2009.
The business parks now encompass 564 companies with an influx of HR and recruitment names in 2013.
The low-cost carrier introduced three new routes in the first quarter of the year.
The Dubai-based mall is undergoing a massive Dhs2 billion-expansion project.
Pudner is expected to stay as CEO until his contract expires at the end of this year.
The loan is a mix of Islamic and conventional financing managed by lenders including Abu Dhabi Islamic Bank and Dubai Islamic Bank.
Pudner has been at the helm of Dubai’s biggest bank since 2006 after 24 years at HSBC.
The deal will take V-22 Osprey aircraft, advanced refueling tankers, anti-air defense missiles and 25 F-16 Desert Falcon jets to the region.
New round-the-clock, comprehensive facility targets more Dubai passengers
The Abu Dhabi lender is refinancing the renovation of the Parisian five-star hotel that is scheduled to re-open in May 2013.
State news agency WAM said the members were of various Arab nationalities and were recruiting, financing and providing logistical support to al Qaeda.
What was it like being in the Burj Khalifa during the earthquake? Our structural design expert explains.
The UAE telecoms operator has already secured the backing of 12 banks and up to four more could join.
Latest agreement is the third tennis sponsorship in Europe after the Italian Open and recently announced Barcelona Open
People in the UAE recount their first reactions to the earthquake that hit Iran on Tuesday and sent shock tremors across the GCC.
The new company will focus on large energy and power-related projects in the region.
Revenue for the first quarter was Dhs2.2 billion, up 62 per cent from a year earlier.
The 7.8 magnitude earthquake that hit Iran on Tuesday sent strong tremors across the GCC.
Dubai office workers spilled out into the streets as tall buildings were evacuated immediately after the tremor.
In regulated markets the division will team up with partners that have licensing expertise and knowledge, while in the unregulated markets it will seek exclusive GSA partners
Drake and Scull has seen its shares jump 17 per cent year-to-date on growing speculation that it was a takeover target.
Social media users across the GCC reported their ‘experiences’ of a second earthquake in eight days.
A major 7.8 magnitude earthquake rocked Iran on Tuesday.
Abu Dhabi Housing Authority has awarded Aldar the contract to build the villas in the emirate’s Al Falah area.
After unveiling a Lamborghini Aventador patrol car last week, Dubai Police now plan to launch a Ferrari.
Real estate is currently the preferred asset class for investors in the UAE, finds new survey.