Dubai Shopping Festival and the seasonal rush of holidaymakers have been instrumental in boosting passenger traffic.
A tie-up with Etihad could bring Alitalia the resources to invest in a new strategy focused on long-haul routes.
The entire Green Line will be operational with the opening of Al Jadaf and Creek stations, RTA said.
The 1,600-company freezone now accounts for 8 per cent of Dubai’s trade
Earlier on Wednesday, Arabtec issued another statement saying its board had not taken any decision on the acquisition of another company.
Edward LaFehr, who now leads TAQA’s North American operations, will take on all Sheldon’s current responsibilities.
No reason was provided for the suspension of trading.
The operational changes should also help safeguard horse welfare and ensure compliance with all relevant regulations, officials said.
The plots, each measuring 8,820 square feet, will be auctioned off on February 26 in the Nakheel Sales office on Al Sufouh road.
The supranational lender set initial guidance at mid-to-high 20s over midswaps, the document said on Tuesday.
Samsung unveiled the Galaxy S5, the latest generation smartphone in its flagship series, during the Mobile World Congress event in Barcelona on Monday.
My City Centre, Nasseriya in Sharjah, an investment worth Dhs84 million, will cater to smaller residential communities.
Dubai’s market rapidly absorbed an influx of new hotels in 2013 whilst maintaining a healthy occupancy rate throughout the year.
Around 22 per cent of Abu Dhabi employees and 33 per cent of Dubai employees will see a rise in housing allowances this year.
UAE residents and holidaying Europeans now have improved access to the popular Thai destination
Simon Crisford will take on a new role as Sheikh Mohammed’s global racing advisor.
The firm will provide complete MEP works for the automated passenger mover system (APM), which will connect Concourse 4 of Dubai International Airport to Terminal 1.
ADCB has chosen Bank of America-Merrill Lynch, Barclays, ING and JP Morgan Chase to arrange the transaction.
Spread across nearly six million square feet, the cluster will provide a dedicated area for companies manufacturing halal products.
The substation, which has a capacity of 150 megavolt ampere (MVA), was built at the cost of Dhs86 million.
The deal, if completed, would be worth about Dhs2 billion ($545 million).
The deal would see an initial investment of Dhs1.5 billion by NFPC to build a mega-facility that will be spread across eight million sq ft of land in Kizad.
The windy city will shortly will be served by all three Gulf carriers and becomes Emirates’ ninth US gateway
Foreigners currently own 4.35 per cent of the company, according to bourse data.
Mulberry at Park Heights comprises of 330 apartments in close proximity to an 18-hole championship golf course.
The Dubai developer announced earlier this year that it would repay Dhs4 billion of its bank debt in 2014, ahead of maturity in September 2015.
The hotel will offer 268 fully refurbished and brand new rooms and suites.
Al Khalidiyah Mall has launched a new 3D cinema and a bowling alley in addition to opening new international branded stores.
Dubai’s service and manufacturing firms are the most optimistic about hiring, according to a DED survey.
The country is mulling the imposition of tax on companies, Sheikh Hamdan cofirmed.