MilleMiglia is Italy’s largest frequent flyer programme, with 4.6 million existing members and more than 20,000 new members a month.
Alain Bejjani, currently chief corporate development and brand officer, has been appointed as the group’s new chief executive.
Suhail Mohammed Al Mazroui told the Federal National Council that the government has submitted a proposal to the cabinet that will enable consumers to benefit from lower oil prices.
Massar will postpone the initial public offering (IPO) until oil prices are more stable, it said.
The OPPO R5, priced at Dhs1,899, measures 4.85mm and comes with a 13MP camera.
The capital has seen a rise in demand for affordable properties over the last 12 months as cost of living surged, CBRE said in a report.
The Indian jewellery retailer currently operates nine outlets in the UAE and three in Kuwait.
NBAD is the first official market maker in the Gulf region, the chief executive of Abu Dhabi Stock Exchange said.
The seasonally adjusted HSBC UAE Purchasing Managers’ Index was 59.3 points last month against 58.4 in December.
Gross volumes totalled 60 million 20-foot equivalent units (TEU) in 2014, driven by new developments in Britain and Brazil.
Both contracts are for construction of residential villas in Dubai to be delivered in 2016, the company said.
An important area for 2015 will be new technology and the development of Dubai’s smart economy, writes Buamim.
DFM’s full-year profit rose 167 per cent to Dhs759.3 million.
The rules clarify policyholders’ rights and setting investment limits for the sector.
A member of Federal National Council is expected to take up the issue of high fuel costs in the UAE in the backdrop of crude prices.
Prices are expected to fall thanks to increased property sales taxes, stricter mortgage rules and a lack of affordability.
The credit card offers users between three to seven per cent goldback on purchases made locally and internationally.
National Bank of Abu Dhabi will meet investors in Asia and Europe, it said.
Gulf Marketing Group, the parent firm of Sun & Sand Sports, said that it will create up to 1,000 jobs across its brands in 2015.
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