The 277-room hotel, targeting medical tourists will open in 2016, the hospitality firm said.
Total cost for a university education, including cost of living, stands at $30,472 per year in the UAE, finds new study by HSBC.
The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $7.5 billion, the document said.
The growth in house prices however slowed to three per cent quarter-on-quarter in Q2.
The company plans to float its unit Emaar Malls Group (EMG) this month and subscriptions for the shares will open on Sept. 14.
The offer is rated Baa1 by Moody’s and A-plus by Fitch, and is expected to price on Wednesday.
Dubai-based hotelier says it is in talks with developer Meraas to operate the first VENU hotel in the Bluewaters Island development.
Stephen Kersley has resigned and Ryan Wong will take over as acting head of finance effective October 1, the company said.
The new devices were described by Apple CEO Tim Cook as the company’s “best phones ever made.”
Majid Al Futtaim Finance has partnered with Rovio Entertainment, which owns the Angry Birds brand, to create the prepaid card for UAE customers.
The revamped runways at Dubai International Airport are equipped with better technology that will help push up the number of arrivals an hour, an official said.
The UAE, specifically Dubai, has been exemplary in diversifying revenue streams, stated a report by Alkhabeer Capital.
The U.S. dollar transaction, will be of benchmark size – traditionally understood to mean worth upwards of $500 million.
The U.S. dollar bond will be issued through a special purpose vehicle incorporated in the Cayman Islands.
The project features two residential towers connected by a podium and includes 280 units.
The new centre will coordinate innovation in government entities, the Dubai ruler said.
The recently launched Montrose project incudes two residential towers and one hotel tower.
Oman’s State General Reserve Fund, Royal Dutch Shell and existing investors in GlassPoint will inject the money, which will be used to accelerate the deployment of solar steam generators.
AstroLabs Dubai, which will be situated in Dubai Multi Commodities Centre Free Zone, is scheduled to open in 2015.
The credit reports include consumers’ debt obligations and payment behaviour patterns for the past two years.
The expansion is expected to be the biggest airport project in the world and would take place in two phases over six to eight years.
The chairman of the Islamic Crescent Observation Project (ICOP) has reportedly said that Eid Al Adha could also fall on October 4.
Dangote’s current market capitalisation is about $23.7 billion, meaning ICD is taking a stake of about 1.3 per cent.
The mega project, announced earlier this year, will house the world’s largest shopping mall.
The new service will add 1,904 new seats per week on the Abu Dhabi-Karachi route and improve weekly connectivity to other markets.
The new device from Apple is expected to do “extremely well” in the UAE, says expert.
The cost of the Hassyan power plant, which is expected to come online by 2021, is anticipated to be more than $2 billion.
The first phase of the five theme park Dhs10 billion mega project is slated to open in 2016.
The company’s net profit amount for the whole of last year was Dhs3.3 billion.
The initiative marks the first time that Emirates ID cards will be used for ATM transactions in the UAE.