The handover will save Emarat around Dhs80 million every month.
Airport beats forecasts by one million and has London’s Heathrow “firmly within its sights”.
Trade exchanges between the two countries reached $5.3 billion during the first half of the year.
Property firms Aldar and Sorouh agreed on an all-share merger last week creating a company with $13 billion in assets.
The Higher Committee will use the World Economic Forum to promote Dubai’s bid.
International investors may be allowed to start businesses in the UAE in partnership with nationals from the wider GCC region.
Emirates National Oil Co (ENOC) was the biggest buyer of Iranian condensate in 2012.
The UAE central bank is still holding negotiations with the Emirates Banks Association and no rule has been issued as yet.
Nakheel made a Dhs2.02 billion ($550 million) profit last year, on revenue up 91 per cent to 7.8 billion.
The two-tranche bond includes a $500 million 30-year conventional bond and a $750 million 10-year Islamic bond.
The much-awaited new smartphone line-up from RIM will be launched in Dubai and five other cities on January 30.
The sector is receiving interest from investors because of double-digit growth.
The emirate issued a $750 million 10-year sukuk, as well as a $500 million 30-year conventional bond.
Around 14,000 people are now employed in the Dubai International Financial Centre.
The company, which is expanding rapidly, aims bid for Egypt supermarket chain Metro in the first quarter of 2013.
The firm is currently in the process of a complete takeover by Dubai Islamic Bank.
Th central bank says it will consult commercial banks in the UAE before issuing a new ruling on lending.
The Abu Dhabi- based real estate developers are merging to form a new entity with Dhs47 billion in assets.
German luxury car maker hopes to sell 20,000 vehicles per year by 2020.
The government has mandated four banks to arrange the Islamic bond, according to sources.
The emirate’s property market posted a strong recovery in 2012 with upward trends for sales and leasing, says CBRE report.
Property consultant Jones Lang LaSalle outlines the key factors that will impact the UAE’s property market this year.
Abu Dhabi airline become the cultural icon’s exclusive international airline partner
Sorouh will be dissolved as part of the merger, and the new entity, called Aldar Sorouh Properties, will have over $47 billion in assets.
The central bank governor has reportedly claimed that the new rules are not imminent.
The Abu Dhabi-based property developers will merge through a share swap, according to sources.
The airline operates the largest A380 fleet globally and will be “a powerful tool” to further Dubai’s bid.
South African energy minister says Abu Dhabi- based Masdar has expressed interest in the African nation’s renewable energy programme.
The 55-level development includes 280 residences and is part of the Dubai Mall expansion project.
More than 40 per cent of flydubai’s new routes last year concentrated on CIS and Central and Eastern Europe destinations.