The contract is for work in Al Furjan Phase 2 and covers the construction of 16km of roads at the community.
NBF Islamic will offer a series of retail banking products in the initial stage but the bank plans to diversify Islamic offerings.
The office adds to DCCI’s presence in the Ethiopian capital Addis Ababa.
Under the new deal, the repayment date of the biggest chunk of debt under Dubai World’s $25 billion restructuring would be extended.
The new plant will create about 300 jobs, the company said.
The areas that command the least residential rental rates in Dubai, as compiled by propertyfinder.ae.
The policeman was shot and wounded by unknown assailants while stationed at a checkpoint at the entrance to the town of al-Awamiya late on Monday night.
Rashad Ali al-Musafir, the bank’s chief financial officer, would replace Kalmoor as acting CEO for an interim period, the bank said in a bourse filing.
The new mixed-use development is located in the Saadiyat Cultural District.
The Dubai-based port operator has been accused of bribery by the Djibouti government.
New daily A380 service to Texas city dovetails with Qantas’ new superjumbo flight from Sydney
The statement follows the Investment Corporation of Dubai’s stake purchase in Dangote Cement in September for $300 million.
In exchange for the plot of land, Barwa received QAR1.04 billion in cash, while the government also settled QAR1.5 billion of the developer’s bank loans.
Wiko, which claims to be Europe’s fastest growing smartphone brand, has launched eight models in the UAE.
Air Berlin said that the authorities were trying to put a new spin on the provisions of an air transport deal between Germany and the UAE during the review of the airlines’ winter schedules.
Investor orders topped $1.6 billion for NBO’s issue, a source with knowledge of the deal said.
Al Nowais Investments, an Abu Dhabi-based private firm is leading a consortium to build Egypt’s first coal-fired power plant in the Suez area.
The company has had problems recovering payments in Egypt because of political turmoil and said in August that it was working with the Egyptian government to agree a new deal.
Funds dedicated to sukuk are a rare breed, with only 20 currently marketed in the Gulf.
The regulators warnings come after a number of fake iPhone 6 handsets were confiscated from various locations across the UAE.
Global’s management team comprising Group CEO Ghunaim, CEO Bader al-Sumait, and executive vice presidents had resigned prior to its general meeting in September.
The seven contracts are to build stations and lay cables for the rail system in the Saudi capital.
The second phase of the UAE railway project, which at 628 kilometres is the longest of the three planned stages, is expected to be funded by the UAE federal government.
Dubai carrier appoints senior managers but will provide no equity.
The International Monetary Fund did not give details of the reforms and government officials were not available for comment.
As per the deal, MBRF will extend part of its land bank to newly launched developer Nshama to build an integrated community project at a central Dubai location.
Listed on the DFM in 2007, the Dubai-based company was formed in 1975 to support the city’s residential development.
Real GDP growth stood at 5.4 per cent in January-March, the slowest rate since the third quarter of 2012.
Amanat will use the funds raised from the offering to establish companies in the healthcare and education sectors.
Up to 80 per cent of the UAE’s food sector is currently franchise-operated, according to Salem bin Dasmal, founder of Silver Spoon Investments.