In the first two weeks of the month, the daily number of new cases in Saudi Arabia averaged nearly 11, but since May 14 the average number of new infections has slowed.
UAE contractors United Engineering Construction and Actco General Contracting Company win contract to build the new complex, located in Palm Jumeirah.
A separate document from lead arrangers showed Etisalat chose Deutsche Bank, Goldman Sachs, HSBC and Royal Bank of Scotland to arrange the offering.
Passenger traffic through Dubai’s main airport reached 6.16 million in April, the airport operator said.
Most of MERS cases in the UAE were found in Abu Dhabi and Al Ain, according to official reports.
Etisalat and rival du have been unable to reach an agreement over network-sharing in the UAE despite beginning talks in 2009.
Kuwait has projects worth more than $72.8 billion expected in 2014, says CEO.
Founder-owned fashion firm Cavalli has for some time been looking for a partner or a buyer to bring in new funds.
Dubai’s annual per capita consumption of electricity and water fell to 15,346 KW and 40,777 gallons respectively in 2013.
Foreign ownership is usually limited to 25 per cent in publicly listed firms.
Earthquake measuring 5.2 took place in Iran, tremors felt in the UAE.
The director general of DTCM reveals how he plans to make Dubai the world’s number one holiday spot.
Dubai-based GFH Capital, where David Haigh was previously the deputy CEO, said his arrest was not related to the Leeds sale.
If previous ‘one offs’ are an indicator, it may not be long before Austrian travellers fly on the airline’s A380s regularly.
All flights from 9:00am Doha time on Tuesday, 27 May, will operate from the new airport.
Etisalat is 60 per cent owned by the United Arab Emirates.
Ma’aden had earlier this month said it was seeking shareholder approval for a capital increase.
The US carrier will be dropping Doha from its triangular Washington-Doha-Dubai service from August 30.
Bangalore is also emerging as a property investment hotspot for Indian residents in the UAE, finds new survey.
The silos project is part of the UAE’s $4.9 billion aid package announced in October.
Abraaj said it had bought a stake in out-of-school education provider KPN Academy, without disclosing the purchase price.
The listing aims to fulfill a contractual agreement made when the port opened in 2009.
The Jeddah headquartered company aims to increase Sphinx’s revenues to $63.2 million this year from $55 million in 2013.
The $1 billion mall will consist of 450 stores and 85 restaurants.
Second Aparthotel targeting mid and long-stay guests confirmed for Jeddah
Emaar said on Monday it would list up to 25 per cent of its malls business on the Dubai Financial Market.
The project is set to become the world’s largest advanced thermal energy-from-waste facility.
The firm said it had received regulatory approval for the listing, which will take place on Dubai Financial Market (DFM).
Gulf Contracting Company, in a joint venture with ALEC Qatar, won the contract for the mega project.
The emirate beat New York and London to emerge as the favourite destination in the world for shopping.