By virtue of the agreement, both service providers will deliver telecommunications infrastructure for the developer’s major projects
A total of 1,416 homes are now under construction at Masaar
The developer has also recommended to increase the company’s share capital to Dhs8.838bn
The new portal will enable fintech developers to use the lender’s APIs for the purpose of developing their own applications
Last month, the UAE attorney general announced a “major” investigation into alleged financial violations at the company
The company, armed with $1.85bn in capital, has the resources to make purchases both in its home market and around the UAE
Construction will commence immediately, with completion scheduled by end-2022
The company expects more government projects to come its way
The board will continue to evaluate the acquisition of other real estate assets in the UAE
The company said its board will also discuss the acquisition of other investment real estate assets in the UAE
The salary cuts range from 30 per cent to 50 per cent for employees earning above Dhs4,000