The fast food chain is reportedly looking to offload around 25 per cent of its shares.
UAE aviation regulator GCAA gives the green light for passenger flights from late October
Limits on banks’ lending for residential mortgages are expected to be announced by the end of this year.
Airline identifies demand for premium services between Dubai and Kabul
Investors bought over half of the 140 apartments in the Burj Pacific development during a two-day sales showcase.
The education firm has admitted it is seeking to sell a 20 per cent stake to investors.
Total premiums underwritten in 2012 were Dhs26.8 billion, up 9.5 per cent over the previous year.
British lender Barclays decided to sell its retail banking business following a strategic review of UAE operations.
Many residents also expect their personal finances to reduce or remain unchanged in the next six months, finds survey.
Under the agreement, the Abu Dhabi Airports logo will feature on Al Ain FC club kits.
The new property includes fully furnished serviced residences in Downtown Dubai.
Emal will ramp up aluminium production upon completion of its phase II expansion.
The UAE’s banking sector has extended $42 billion in credit to the government and GREs since the 2008 crisis, says BofA.
Trading was briefly halted after the developer failed to disclose the results of a board meeting.
Sheikh Mohammed’s latest book, Flashes of Thought, talks about time management, positive thinking and creativity.
Luxury resort will be predominantly targeting well-heeled leisure guests although a ballroom and six meeting rooms are available
The money will be used to repay “the most difficult debts” and regurgitate the economy, said Serbia’s deputy prime minister.
Goldman Sachs tried to follow HSBC in late 2011 with a $2 billion sukuk programme, but Islamic scholars and analysts questioned whether the bank was obeying religious principles.
While global trends are indicative of more countries offering citizenships, the UAE is not dependant on citizenships to attract investment.
Construction of the project will use green initiatives and eco-friendly systems.
Abdul Aziz Al Ghurair says new data body will highlight the number of debt-burdened consumers in the UAE.
The project will be completed in phases and will have a production capacity of 1000 MW of electricity.
The accord with Abu Dhabi is expected to be signed during talks between Putin and Crown Prince Sheikh Mohammed bin Zayed on Thursday.
The five-year-old Islamic bank was assigned its first credit ratings earlier this week.
Mashreq chief executive Abdulaziz al-Ghurair had said in February that he was optimistic about the bank’s performance this year.
Total assets of UAE banks grew eight per cent to Dhs1.9 trillion in the first six months of this year, while net profit during the period was Dhs13.6 billion.
Average retail rental rates in Dubai and Abu Dhabi were $114 and $71 per square feet per annum respectively.
Perks include 10 per cent off room rates, 5 per cent on early booking summer and winter deals and guaranteed room availability.
Dubai’s foreign trade growth during the first half has exceeded the expected growth rate for the entire year.
The Dubai-based company has taken the lease for the 15,000sq ft Reform Social & Grill Dubai in The Lakes from Emaar.