UAE banking sector revenues rose nearly 14 per cent last year but expansion shows signs of decelerating due to factors including oil price drop and a cooling of real estate markets.
The warning comes after an individual was hit and run repeatedly in Al Bahia, a rural area of Abu Dhabi.
The carrier will be the first among the three Gulf airlines to file an official response.
Health officials said that both patients are in a stable condition and are receiving the necessary medical care.
The Abu Dhabi Appeals court had eased the verdicts on the defendants and overturned the school’s closure.
The state-linked builder made a profit of Dhs618 million in the three months to March 31.
Total revenues tumbled 29 per cent to Dhs5.13 billion because of the plunge of oil prices since last June.
Abu Dhabi’s International Petroleum Investment (IPIC) owns all of Cepsa and is the biggest shareholder in Cosmo.
The movie has been written and will be directed by James Ponsoldt, and will start shooting in August 2015.
The Nareel development, designed for Emiratis, consists of two islands comprising 148 villa plots.
The emirate’s real estate is expected to stabilise this year, but the negative impact of lower oil prices could be felt in the longer term.
ADIB made a net profit of Dhs450.8 million ($122.8 million) in the first quarter of 2015.
The firm is looking for what bankers termed “incremental finance”, sources said.
Aldar Properties CEO Mohamed Al Mubarak says the company is looking to launch 5,300 units over the next four to five years.
Grant Gillon has been appointed the acting chief financial officer of TAQA.
Two of the airline’s three daily flights to London will now be operated by the jumbo jet.
A JV formed by New World and ADIA will buy stakes in three Hong Kong hotels.
The lender reported a marginal increase in first-quarter net profit.
NBAD made a net profit of Dhs1.42 billion in the first quarter of 2015.
Inpex was one of 11 firms that bid for stakes in the concession covering Abu Dhabi’s 15 principal onshore fields.
The four-bedroom villa concept includes an array of solar panels that will generate approximately 40,000 KWh per year.
The project will have a residential building consisting of 234 units and a 188-key hotel.
The plan is part of the UAE’s strategy of increasing its crude oil output potential to 3.5 million barrels per day by 2017-18.
Nine firms bid for stakes in the Abu Dhabi Company for Onshore Oil Operations (ADCO) concession which became available after a 40-year deal expired.
The developer launched West Yas and Mayan communities on Yas Island while its third project Meera will be located on Reem Island.
Low oil prices mean Abu Dhabi’s real estate market is expected to be stable to negative this year, with a new rental cap under consideration.
Etisalat made net profit of Dhs2.18 billion ($593.6 million) in the first quarter of 2015.
The Egyptian government had said state-owned EGPC will buy 65 per cent of its oil product import needs from ADNOC in 2015.
The airline’s capital spending on aircraft and other aviation equipment pumped in $2.6 billion to the European economy last year while supporting 28,100 jobs.
The National Security Council said the meeting is scheduled for next Monday.