As the UAE and Saudi race to build nuclear reactors to meet mounting energy needs, the inevitable question arises – is nuclear a viable option?
The study found that the majority of parents in the UAE were financially ill prepared for their children’s education.
The 80-day renovation programme at the airport will begin on May 1.
Dozens of local men were found demonstrating in front of the court against social reforms in the Kingdom.
Kizad said that around 83 per cent of the logistics park has been pre-leased to a number of local and international firms.
Mubadala, which has stakes in GE and private equity firm Carlyle, saw net profit tripling over the last year.
Rising volumes of cash transactions and off–plan sales could inflate prices to 2008 levels, an expert has said.
Cigarettes are still allowed within the restaurant’s bar and lounge areas.
The property developer said the net profit hike was mainly due to increased sales of developed properties at higher gross margins.
The firm estimated financial loss due to the outage to amount to around SAR214 million.
The figure is slightly higher than the SAR1.60 per share that the firm paid in the corresponding period of 2013
The new charge, varying between Dhs7 and Dhs20, was introduced on March 31 and is applicable per room per night across hotels in Dubai.
The deal, estimated to be worth $5 billion, would be the largest banking transaction in the region for the past 20 years.
Waleed Abu al-Khair has been charged with breaking allegiance to King Abdullah, disrespecting authorities and inciting public opinion.
The bank made a net profit of $92 million in the opening three months of 2014.
Residential rental growth is expected to continue until there is adequate supply in the market.
The deal is due to be completed in the second half of 2014, a statement said.
Luxury Hong Kong-based hotel company makes its first foray into the Middle East and chooses Dubai as the first resort in its global collection.
The company made a net loss of $84.8 million in the three months to March 31.
All newly detected cases have shown no outward symptoms of the virus, HAAD said.
The bank made a quarterly profit of 39.76 million rials ($103.3 million) in the three months to March 31.
Prince Bandar, a former ambassador to Washington, was appointed as the chief Saudi spy in July 2012.
The reported gas attacks posed a clear challenge to the Security Council decision to dismantle Assad’s chemical arsenal, a senior official said.
Sahara blamed the decline on lower sales, citing a planned shutdown of Al Waha plant as well as lower income from associates.
Dubai’s real estate market still has plenty of growth opportunities, says the CEO of property brokerage service provider, Dar Al Aqar.
The blaze was reportedly caused by a fault in the restaurant’s recently installed electric signage.
The extended ban, issued by the Ministry of Manpower, will come into effect from May 4 this year.
The Sharjah-based low-cost carrier has been designated the new airline of Ras Al Khaimah following the closure of RAK Airways.
The company’s past financial statements show it last reported a quarterly profit in the first quarter of 2009.
The deadline for bids for the engineering, procurement and construction (EPC) contract is May 11, a senior executive said.