The firm’s third-quarter profit more than doubled, driven by higher income from its stake in AerCap Holdings.
The latest renovation will add an 80,000 square feet Carrefour hypermarket, around 50 new retail brands and a number of street-based restaurants to the mall.
Union Properties did not explain the nature of the required amendments in the bourse statement.
Kuwait’s oil minister also said he believed surplus production in the oil market would be absorbed soon, but that the extent of the surplus was not clear.
Dubai’s index added 1.1 per cent, buoyed by Emaar and Dubai Islamic Bank while Abu Dhabi’s index rose 0.7 per cent.
The tram will operate from 6.30 am to 1.30 am from Saturday to Thursday and from 9.00am to 1.30 am on Fridays.
The company made a net profit of OMR30 million ($77.9 million) in the three months to Sept. 30, up from OMR29.1 million in the year-earlier period.
The agreement allows UAE easy access to Asian markets while giving Japan priority access to reserves if Japan is in short supply of crude.
Songbird rejected an initial approach on Friday, saying the 295-pence a share offer significantly undervalued the company.
The state-owned property firm is on track to restructure the debt by the end of the year, when a payment worth a third of the total comes due.
The lender, Kuwait’s third largest by assets, is issuing 216 million new shares.
The Justice Ministry in July asked a court to suspend the National Democratic Action Society, known as Waad, for three months.
The project is expected to have a capacity of nine million tonnes a year.
Dubai’s diversification into sectors such as trade, tourism, real estate will ensure that it enjoys favourable economic conditions.
The new OTT players have helped the telecoms provider boost revenues from data usage, says the CEO.
Expo 2015 Milan is themed around the issue of tackling global food and hunger challenges.
Some analysts had predicted UNB might be added to the MSCI index, but it was not.
The discussions are taking place just two weeks before a self-imposed November 24 deadline for reaching a comprehensive deal.
The response comes following an Associated Press report quoting an unnamed Shoura Council member.
Shares in Dubai’s Emaar Properties and Dubai Islamic Bank, whose weightings also increased, rose 2.5 and 1.6 per cent respectively.
All public sector departments will remain closed from December 2 to December 7 as per directives by the UAE president.
Waha made a net profit of Dhs301.2 million ($82 million) in the three months to Sept. 30, up from Dhs107.1 million in the year-ago period, it said in a statement.
The company said in an emailed statement that it collected more than Dhs13.6 billion in its 16-day IPO.
Of about 74 billion Egyptian pounds of aid received in the 2013-14 fiscal year, 53 billion pounds was in the form of petroleum products, with the remaining 21 billion pounds coming as cash grants.
Songbird’s chief executive said in a statement that the proposal undervalued the company and does not reflect the inherent value of the business.
The move comes after the telecommunications firm posted a shock third-quarter profit drop last week due to the accounting issues.
Abdullah al-Badri said it was up to OPEC member countries to decide how to respond to the oil price drop.
The firm’s chief executive said in an interview that Agility’s plan was based on his company’s strategy of expanding into aviation services.
Talks about a potential deal between the two companies had been due to end on November 11 but announced an extension to allow more time to conclude due diligence and negotiations.
The backing of deep-pocketed Aabar Investments may be crucial to Virgin Galactic as it struggles to recover from the accident.