The structure, situated in Portsmouth, will be renamed Emirates Spinnaker Tower and rebranded in red.
The UAE’s consolidated fiscal balance is expected to swing to a deficit of 2.3 per cent of gross domestic product in 2015 from a 5.0 per cent surplus last year, the IMF said.
The joint venture was studying options in the wake of the U.S. conglomerate’s decision to exit most of its GE Capital operations.
While some countries have rolled back their nuclear plans, others like the UAE are steaming ahead.
The UAE was a safe haven for both Arab and foreign investors during the Arab Spring. But as regional tensions loom bigger, will the country be able to uphold that title?
Less money is going towards high-profile investments abroad and there is a renewed emphasis on developing the domestic economy, bankers and businessmen say.
Seats and services are now more closely aligned with partner Etihad.
The deal will help boost Emirates network in France and ease connectivity for passengers.
The entrance plaza will feature about 50 dedicated outlets along with various street dining options.
The emirate is expected to receive about 14.3 million international visitors this year, up by 8 per cent from 2014, a new study says.
The flotation will involve 600 million shares, equivalent to 12.99 per cent of the company, offered at a price between 3.5 pounds and 4.25 pounds.
A new survey found a large quarter-on-quarter dip in UAE hiring during Q1 2015.
The project will have 4,000 residential units, 300 hotel rooms, and 250,000 square metres of retail outlets.
The minister was upbeat as he noted that the supply glut in the market has reduced significantly.
Oil price volatility is not expected to impact Emirates NBD’s retail growth estimates, a senior official said.
A study of 564 UAE employees also found less than half believed their company took an interest in their wellbeing.
Output growth rose to a three-month high index reading of 62.8 points in May but the increase in new orders fell.
The service will replace Etihad’s daily one-stop flight via Singapore.
American tourists accounted for 21 per cent of the overall UAE tourism spend in Q1 2015.
The new rule prohibits the administration of banned substances to horses and lays out strict penalties to offenders.
The proportion of its assets managed by external fund managers fell to 65 per cent last year from 75 per cent in 2013, the authority said.
The Abu Dhabi airline said U.S. Open Skies policy did not prohibit airlines from receiving shareholders loans.
Poor weather conditions forced the plane to land in Nagoya, officials said.
The chamber also elected two new vice chairmen and other executive committee members.
The A380 will now operate one of the airline’s two daily services between Sydney and Abu Dhabi.
Firms found flouting the rules will be fined Dhs 5,000 per worker while the penalty will rise to Dhs 50,000 if a large number of labourers are found to be working.
The top 10 biggest lenders in the UAE by 2014 total assets, taken from the Gulf Business Top 50 GCC Banks.
Gulf countries have been seeing a seasonal surge in the number of MERS cases, a trend that has been worrying experts.
The Gulf’s construction sector is estimated to reach a value of $172 billion in 2015, a new study said.
Stocks and precious metals were the other favoured asset classes among UAE investors, a Franklin Templeton survey found.