The company aims to double its fleet to 10,000 vehicles by 2020
The firm said that its board approved the acquisition of a 35 per cent stake in Sukoon
Modi, who is likely to visit on August 16 and 17, will be the first Indian prime minister to visit the United Arab Emirates in 34 years
A fee of Dhs10 will be levied by some government institutions on certain transactions to support innovation
Following the upgrade, the airline will offer 70 A380 flights per week into the UK, more than any other country on the Emirates network
Following the action, all assets owned by both Qataris under the US jurisdiction will be frozen while Americans will be banned from doing any business with them
The new accounting policy will help in appropriately reflecting the companies’ financial performance and increase transparency, a new report says
The innovation week will see the UAE’s education, health, energy, environment, space, economy and service sectors present their innovations
The firm, whose Iran unit booked losses last year, did not specify if it is planning to expand its operations once sanctions are lifted
The Sharjah-based airline made a net profit of Dhs 146.2m in the three months to June 30
The privately-owned firm said in a statement revenue for the six months to June 30 was Dhs 13.7bn
The liberalisation, which started in July, follows about five years of negotiations in which du has been seeking access to larger rival Etisalat’s networks
Iconic developments like the under construction Kingdom Tower, set to be the world’s tallest building, are leading the trend, Colliers said
The projects include 100 schools, 78 health clinics, four bridges and 600 public city buses
The deal will add 14 more cities to Emirates’ network, allowing it to connect passengers to new tourist destinations in Thailand, Cambodia and Myanmar
The developer reported a net profit of Dhs 1.42bn ($386.6m) for the three months to June 30
The firm made a net profit of Dhs 502m in the second quarter of 2015
Oil prices are already under pressure, in part from an oversupply of fuels produced by refiners enjoying healthy margins from cheap crude
The IMF estimated that the UAE’s reform would save it about $500m by the end of this year
Yemeni military sources said the United Arab Emirates had sent in dozens of tanks and heavy artillery pieces to the fighters in recent days
Emaar Misr had previously said that the board would vote whether to amend Alabbar’s position due to his other commitments in the real estate sector
Indians accounted for Dhs 7.8bn of transactions during the first half of 2015, DLD figures show
The airline will also continue its operations at Dubai International
Two communities, consisting of 1,400 and 1,000 villas, will be built for nationals in Wadi Safa and Al Aweer 1
The seasonally adjusted Emirates NBD Saudi Arabia Purchasing Managers’ Index climbed to 57.7 points last month from 56.1 in June
The seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index rose to 55.8 points last month from 54.7 in June
The state-linked builder made a profit of Dhs 601m in the second quarter of 2015
The new project boasts the world’s tallest residential tower, longest indoor ski slope, largest dancing fountain, highest observation deck and highest sky restaurant
Rising spending and falling oil revenues have created a state budget deficit which the International Monetary Fund projects at 20 per cent of GDP this year
The capital’s housing stock saw the lowest level of growth in the last five years, potentially pressuring rents to rise