Renewable energy targets have been revised to 2.3 per cent by 2017 and 15 per cent by 2030.
Although the developer recorded a slowdown in sales during the second half of 2014, prices have stayed the same, says chairman.
The firm is seeking a three-month extension to a debt repayment due at the end of 2014.
The company made a net profit of Dhs3.68 billion ($1 billion) in 2014, up from Dhs2.57 billion in 2013, its chairman said.
Reef Towers will comprise of 378 units and seven retail units, the developer said.
Etihad is in the process of buying a 33.3 per cent stake in Darwin, which has already rebranded itself Etihad Regional.
The loan is expected to help fund the company’s general corporate needs and growth plans, the company said in a statement.
Sicily set to be the fifth Italian destination connected to Abu Dhabi
As part of the deal, Aabar will sponsor the team’s pre-season training camp and receive a certain portion of match-day advertising.
Samsung’s slimmest smartphones to date, the A5 and A3 are priced at Dhs1499 and Dhs1099 respectively.
The emirate’s real estate market is also seeing a growing demand for affordable luxury homes, he said.
The countries are looking to announce their first project this year and are currently reviewing project proposals in the Middle East, a joint statement said.
Around two-thirds of respondents expect demand for business credit to accelerate in the current quarter, with growth in Dubai likely to be strongest.
Oil prices have dropped almost 60 per cent since June 2014, when they stood at $115 per barrel.
The rising cost of living is among the factors impacting UAE residents’ plan to save for their retirement.
The company said that the loan was for general corporate purposes.
TDIC’s deputy finance head Matt Matharu is currently serving as acting CFO, a spokesman said.
The budget carrier will fly to Urumqi thrice a week on Tuesdays, Fridays and Sundays, from February 1 this year.
The loan will be used for capital expenditure and general business purposes, Al Hamra said in a statement.
Abu Dhabi General Services Co awarded the contracts to the company for improvements to two sections of the highway from Mafraq on the outskirts of Abu Dhabi.
The specified amount is slightly higher than the usual volumes that the company buys, a Singapore-based trader said.
Access Infra Africa plans to invest over $500 million in renewable power assets in Africa over the next three years.
The airline ordered 44 Airbus A320s in 2007 and 29 of those hade been delivered by November 2014, according to Airbus data.
The newly launched firm is aiming to establish a real estate portfolio worth Dhs500 million by the end of this year, the company’s chairman said.
The company’s Dhs500 million hotel project on Palm Jumeirah is set to open in Q4 2016.
The bank’s profit was boosted by strong performance in operating income.
The bank said its 2014 balance sheet was strengthened by its reclassification of its exposure to Dubai World, as performing.
Tim Clark says airline industry will reap the benefits of lower oil prices in 2015.
Dubai’s residential sector is likely to remain subdued over the next 12 months with the market absorb 25,000 extra units in 2015.
RAK Ceramics said it aimed to close the deal by March 25 and that the sale of shares would be at a premium to book value.