The UAE and other Gulf states promised more than $12 billion in loans and donations to support the Egyptian economy after Mursi’s removal.
The steepest decline in online job postings was recorded in the UAE’s IT/telecom sector, with opportunities falling 17 per cent.
The three-year sponsorship deal will allow Arabtec to have access to specific rights of the use of Manchester City brand.
The decline was partly offset by an increase in revenue from its hospitality and rental portfolio.
QNB, Industries Qatar and NBAD will be the three largest additions to the MSCI Emerging Markets Index.
Dana made a net profit of Dhs164 million ($44.65 million)in the three months to March 31, up from Dhs241 million a year ago.
The fund will now raise $700 million from an Islamic bond with a six year lifespan, up from the $500 million it had previously said it would raise.
The capex forecast for the year is lower than the $2.37 billion which the company spent in 2013.
The project will include a floating market, hotels, restaurants, art galleries and shops for Emirati handicrafts.
Etisalat has bought into Maroc Telecom through a separate legal entity, Etisalat International North Africa (EINA).
The EIA official did not rule out the possibility of an extra charge being levied if the banks started using the Emirates Identity Cards for financial transactions.
Investor orders worth around $2 billion have been placed so far, a document from lead arrangers said.
There has been a marked increase in the number of direct air connections between the two regions in the last year.
The hotel is part of the developer’s Dhs2.5 billion Opus project, located in the Burj Khalifa district in Dubai.
The firm made a profit of Dhs274 million ($74.6 million) in the three months to March 31.
Work will resume for both private and public sector workers on May 26, officials said.
Lufthansa, Europe’s largest airline by revenue, had put LSG Sky Chefs up for sale in 2012 but then abandoned the plans.
Lady Gaga’s concert in Dubai is set for September 10.
The mixed-use development is being planned around the 53-hectare Al Mamzar Lake.
The Abu Dhabi carrier flies four times daily to Qatari capital Doha.
The institute will focus on skills development and research capabilities as Dubai targets becoming a ‘Smart City’.
The fund aims to issue an Islamic bond with a six year lifespan and a conventional bond offering of 10 years duration.
The Sharjah-based low cost carrier recorded a 12 per cent rise in passenger traffic.
Dubai’s ruler Sheikh Mohammed launched the first project under the emirate’s Brand Dubai initiative.
The developer said that booked sales more than doubled year-on-year to $864 million in the first quarter.
The country’s manufacturing and hospitality sector have seen immense growth
Waha Capital’s net profit in the three months to end-March rose to Dhs152 million($41.4 million).
Although over supply fears are uncalled for, average Dubai room rates need to decrease, industry experts say.
The Asian country has become an important gateway hub for the Dubai-based carrier.
Aldar launched three new developments worth Dhs5 billion last month and said it was exploring 23 property projects.