The property developer said that it will discuss the proposal with shareholders during its annual general meeting on April 23.
However, the UAE Economy Minister said that resuming trade in Amlak stocks will take more time.
Apple tops the global top brands list, which also includes the three entries from the GCC.
The five-year dollar bond is being issued under the National Bank of Abu Dhabi’s $5 billion programme.
The total number of valid trade licences registered in the emirate until late last year reached nearly 103,792.
The UAE based telecoms operator said that it was the first operator to provide 3G services in the country.
The Dubai-based property developer retained four of its current eight board members and added seven new members.
Apple’s third generation iPad is finally available in select locations across the UAE.
The Dubai developer also said that its funding needs have eased, and that it has no plans to renew talks with Aabar for a stake sale.
The Abu Dhabi property developer, which is eyeing a possible merger with Aldar, replaced its chairman last week.
The central bank has instructed lenders to find means of reducing the debt burden of UAE nationals.
The merger talks between the two Abu Dhabi-based developers are in compliance with corporate governance, a senior official has said.
The International Monetary Fund said that the UAE’s GDP growth would be moderate this year as economic recovery continues.
The region has witnessed a growing shift towards the wellness experience.
The UAE will issue its first federal sovereign bond between 12 and 18 months after it is prepared.
Thailand island investors on The World development have been offered a full refund.
Emirates plans to hire 3,800 new cabin staff this year, taking its total number of in-flight crew to nearly 20,000.
The majority of financial executives in Dubai are planning to increase staff this year, according to a survey.
Emirates NBD requests withdrawal of Dubai Bank’s Fitch and Moody’s ratings.
The Abu Dhabi Securities Exchange has denied reports that it’s going to investigate trading patterns of Aldar and Sorouh.
According to sources, the UAE-based bank is planning to let go of its employees to cut costs. The bank has refused to comment.
Government-owned Dubai Group is currently reviewing the potential sale of the Manhattan-based property.
The region’s hydrocarbon reserves account for almost a third of the world’s reserves, says QNB Capital.
The UAE-based property developers are discussing ways to merge in a government-backed tie-up.
The emirate will not stop issuing new hotel licenses as previously reported by local media, but will be selective in the number it grants.
More than 1.5 million tourists visited the emirate last year, and the city is putting in several efforts to attract more visitors in the future.
The region’s representatives on Forbes’ annual list of the World’s Billionaires have a combined net worth of $65.4 billion.
P&G was named advertiser of the year, while Y&R Dubai bagged the advertising agency of the year award.
Healthcare provider NMC hopes to raise $250 million through the listing, and plans to use the funds for further expansion.
The 750 million renminbi bond, which matures in 2015, was 5.7 times oversubscribed, the bank said.