The firm, which runs securities trading in Dubai, made a net profit of Dhs252.5 million.
New routes will better connect Etihad with Europe and Western Australia, the airline said in a statement.
On Thursday, the Dubai bourse said it was suspending trade in Arabtec pending clarification on media reports about strategic partners’ stake in the firm.
Airlines temporarily operating into Al Maktoum Airport at DWC will return to Dubai’s main airport once it’s back to full capacity.
Housing, water, electricity, gas and fuels recorded price increases of 4.6 per cent during the first six months of the year.
Dubai’s index slipped 0.7 per cent as property stocks retreated.
Emirates, the largest customer for the Airbus A380, had ordered 140 of the aircraft as of November.
Trading in Arabtec’s shares were suspended following media reports of Aabar increasing its stake in the company.
The Abu Dhabi state fund is looking to raise its stake in Arabtec to almost 30 per cent to become the major stakeholder, a source said.
Etihad’s chief executive said that the company wants to “guarantee the success and long-term viability of Alitalia” through the deal.
The developer signed a Dhs6 million contract for a beachside entertainment complex in Palm Jumeirah and confirmed that it has signed the contract for Deira Islands Mall.
A new space agency is being created in the country to supervise the mission.
The project is expected to be launched in the next 12 months, confirms CEO George Kostas.
The project will comprise of residences, two international schools, nurseries, three hotels, mosques, a clubhouse, a retail centre and restaurants.
At just one hour 45 minutes, the new flight will be Emirates shortest A380 route globally.
The Shawwal crescent moon is anticipated to form on Sunday, July 27, the Sharjah Planetarium has announced.
The majority of fresh graduates in the UAE said that finding a job was a challenge in the current market.
The new five-year facility is split between a $2.39 billion conventional loan and a $610 million sharia-compliant tranche.
The crystal-encrusted cover comes in two shades – smoky grey and blue, and solid black.
Rents in Ajman are growing as budget-conscious residents move from Dubai and Sharjah, where rents have soared, finds Asteco.
The transaction follows a letter of intent to acquire one CS300 aircraft and another option that was announced in February 2014.
Net profit in the three months to June 30 jumped to Dhs6.2 million ($1.7 million) from Dhs1.3 million a year earlier.
The order is for engines that will power the 150 777X jets that Emirates is buying from Boeing.
San Francisco becomes Etihad’s sixth US destination.
Shisha cafes benefitted the most as they drew late night crowds with suhour menus and live streaming of soccer games.
Abraaj’s investment will help increase patient capacity, add new services and ramp up human resource training in the hospital.
Twitter users in the UAE are prohibited from tweeting content that is contrary to public morals and the principles of Islam.
The company said that its shareholders had approved issuing a bond that would allow a strategic investor to buy into the company.
Policymaking complacency and the launch of larges scale projects such as Mall of the World could lead to property bubble, finds report by the Bank of America Merrill Lynch.
The affiliate of Abraaj Capital is seeking to buy at least a 51 per cent stake in the Egyptian snack maker.