Yas Mall, set to open in November, is slated to become the emirate’s first ‘super-regional’ mall.
As part of a US settlement last week, the bank agreed to end high-risk relationships with SMEs in the UAE.
MB UAE Investments will acquire 51 per cent and Al Madina Insurance Co will get 9.53 per cent of Islamic insurer National Takaful Co (Watania).
The development, called Villa Lantana, will feature 440 units including three, four and five bedroom homes.
The new phase will include a redesigned VOX Cinemas complex and the launch of new fashion brands and F&B outlets.
Officials in the country have also said that applying make-up while driving will draw a fine of Dhs1,000.
The emirate is holding a Chinese Visitor Summit to boost tourist numbers and guest nights.
Exclusive: Shayne Nelson, the CEO of Emirates NBD, says mid-sized banks in the country should consider in-market mergers.
Qatar’s benchmark rose 0.6 per cent, led by Islamic lender Masraf Al Rayan and Qatar National Bank
Etihad CEO James Hogan says he supports the need for “absolute clarity” regarding its 33.3 per cent stake in Swiss carrier Darwin.
The emirate recorded a 26 per cent rise in the number of visitors from China.
The two million square foot mall will feature a multi-screen cinema, supermarket, speciality shops and F&B options.
Shares in Dubai builder Arabtec rose as speculation grew about the sale of the stake owned by former CEO Hasan Ismaik.
The new development, spread over 55 million sq ft in Dubailand, will feature residences surrounding a golf course.
In an exclusive interview, George Kostas elaborates on the future of the company.
The emirate ranked seventh on the list, beating Los Angeles, Beijing and Sydney.
Switzerland’s Federal Office of Civil Aviation said that Darwin, rebranded as Etihad Regional, has until Sept. 30 to make changes to the agreement.
All the information you need to get up and running with your venture in one of easiest places in the world to do business in.
The new anti-terrorism law includes harsher punishments for violators.
Metac General Contracting has won the contract to build 84 townhouses and a new retail centre within the new development.
The store is the first to open for business in the mall’s renovated North Wing.
No figure for compensation was set but the family has been claiming over $26.5 million.
The warning comes after two violent attacks on Emirati tourists in the UK capital this year.
The state-controlled developer will repay 31 banks Dhs5.54 billion on Thursday, it said.
Singer was appointed CEO in July 2012, after four years as CEO of the Nasdaq Dubai bourse.
The mid-range phone, priced at Dhs1299, comes with most of the same features as the Xperia M2.
Malas is leaving to pursue new opportunities in the SME sector, the company said.
The one-km-long diversion, expected to last for a month, will be the final one ahead of the Dubai Tram launch in November.
The six-year loan, originally signed in July 2012, was split between dirham- and U.S. dollar-denominated tranches.
The new development, spread over 55 million sq ft, will include residential property surrounding a championship golf course.