Combined cargo volumes at Dubai International Airport and Al Maktoum International rose to 3.13 million tonnes last year from 2.65 million tonnes in 2013.
ADNOC holds a 70 per cent share in the fields development venture, while Occidental holds 30 per cent, a statement said.
The contracts were awarded to a consortium involving Italy’s Maire Tecnimont and Greece’s Archirodon, Spain’s Tecnicas Reunidas, and the UAE’ National Petroleum Construction Co.
Luxury operator’s resort, its second property in the UAE capital, set to open on Saadiyat Island
The deal, worth $9.5 million, marks Julphar’s entry into Bangladesh and is part of its expansion in Asia.
The Dubai-based bank is marketing the Australian dollar- denominated seven-year notes to yield about 225 basis points above the swap rate, a document from leads showed.
Diamond prices weakened late last year, partly due to the closure of Antwerp Diamond Bank in October squeezing liquidity for manufacturers.
The UAE had earlier suspended flights as part of the U.S.-led coalition conducting air strikes against ISIL.
Oil revenues currently contribute 30 per cent to the UAE’s overall GDP.
The country has diversified into sectors such as clean energy and industry, said Sheikh Mohamed Bin Zayed.
BP and Shell were asked to raise their signing bonus, a source told Reuters, in line with France’s Total, which has already renewed its concession.
Schwab advised governments to focus on developing skill sets and creating more public/private partnerships.
Damac reported a fourth-quarter net profit of $249.8 million, up 11 per cent from the year-ago period.
The airline’s total revenue for the third quarter of the fiscal year 2015 rose nine per cent to reach $875 million.
The emirate fell from the third spot last year to the 13th position on this year’s annual City Momentum Index, released by JLL.
The developer says on track to begin unit handover to buyers from April 2016.
Khalifa port handled 1.13 million TEUs (twenty-foot equivalent unit containers) in 2014.
Brent crude jumped 2.2 per cent to $57.80 per barrel on Friday, posting its largest two-week gain in 17 years.
The UAE suspended flights as part of the US-led coalition conducting air strikes against ISIL because of concerns about search and rescue capabilities.
The project mainly comprises of one-bedroom units ranging from 825 square feet to 1,150 square feet.
Brent crude jumped 2.2 per cent to $57.80 per barrel on Friday, posting its largest two-week gain in 17 years.
The UAE’s healthcare sector needs to address the shortage of local talent, writes Abedin.
The only other time that the UAE team qualified for the World Cup was in 1996.
The UAE’s decision to withdraw its planes raised fears that regional support for the coalition air campaign might be slipping.
The refinery has started production at the crude unit and a hydrotreater and is currently producing gasoil, jet fuel and naphtha.
The development features 44 retail, restaurant, cafe, and entertainment brands, Meraas said.
The villas, located in the Heart of Europe project, are being developed by the Kleindienst Group.
Dana Gas made a net loss of Dhs15 million in the last quarter of 2014.
The company made a net profit of Dhs89.4 million ($24.3 million) in the last quarter of 2014.
The officials said the UAE had suspended its participation in the air campaign because of concern for pilots’ safety.