Damac’s 2014 full-year profit was $937 million, up from $641.5 million in 2013, the company said.
The airline said that it transported around 74 per cent of the 19.9 million passengers who travelled through Abu Dhabi International Airport last year.
The healthy fast food retailer is looking to expand across the region, says Haddad.
Al Noor’s confirmation comes after ADX chief said that most local firms listed in the London market had agreed to dual list in Abu Dhabi.
The Dubai benchmark jumped 4.5 per cent to close at 3,840 points, its biggest daily gain in six weeks.
The sugar refinery has 1.5 million tonnes of raw sugar, either stockpiled at the refinery or on its way to the refinery.
Less than half of the shares in the Dhs576 million IPO were taken up by investors for whom they were reserved, a report said.
However, Bahrain’s score fell while the UAE’s rose on the 2015 Index of Economic Freedom, released by Heritage Foundation and Wall Street Journal.
The mega event is expected to welcome 25 million visitors, with the majority of them coming from overseas.
The bourse said the issue had to do with ownership proportions.
CEO claims new widebody aircraft provides clear reduction in operating costs and carbon emissions
Dubai Investments previously said that it was close to two acquisitions, worth a combined value of Dhs400 million ($109 million).
The facility will cater to the small and medium companies in the global maintenance, repair and overhaul (MRO) sector.
Waha made a net profit of Dhs142.1 million in the last quarter of 2014 compared to Dhs75.6 million in the same period a year ago.
The outlook for UAE banks in the near to medium term remains favourable, writes Nelson.
As Lego opens its first Middle Eastern store, regional director Simon Bast explains where the toymaker is placing its bricks.
The DFM General Index retreated 2.6 per cent in January.
Abu Dhabi grabbed the top spot in the region, ranking 25 among the top 50 safest cities in the world.
The company is looking to expand its presence in Saudi Arabia and the UAE.
ADNOC awarded Total a 10 per cent stake in the main land-based concession for 40 years starting Jan. 1, 2015.
The bank made a net profit of Dhs1.55 billion ($422 million) for the last quarter of 2014.
The group is planning to open 40 new medical centres as part of its expansion in the region, a senior company official said.
Construction of the villa project has already begun and it is due for completion at the end of 2015.
The lender was one of 10 bidders for the business put up for sale by the U.S. bank in October, a source told Reuters earlier this month.
Emirates’ superjumbo network in European grows to 13 points
The weekend Abra service will run from Souk Qaryat Al Beri to Eastern Mangroves, with stops at three five-star hotels.
NBAD made a net profit of Dhs1.372 billion ($373 million) in the last quarter of 2014.
The company won five golds and a grand prix during the Dubai Lynx awards last year.
The 2015 budget will also provide job opportunities to 1,000 Emiratis, a finance department official said.
Drake & Scull Engineering will provide MEP services for an under-construction hotel and apartment complex.