The tender for construction works at the Expo Dubai 2020 site in Jebel Ali is expected to be awarded next year.
The competition will have two extra awards this year, namely the Grand Prix for Good and the University of the Year.
The developer did not specify the number of new units set to be launched or the estimated completion date.
The $2.9 billion theme park complex is located in Jebel Ali and is slated to open in late 2016.
The Islamic mortgage lender has been negotiating with creditors to finalise the deal, which was approved by shareholders in September.
The fast food chain plans to open about 14 branches within Egypt following the launch of its first store.
The ‘See you in Dubai’ campaign will focus on attracting tourists from markets in Europe, Asia, Africa, Latin America and the Middle East.
Jumbo.ae has been developed in collaboration with Build-a-Bazaar, a subsidiary of Indian e-commerce firm Infibeam.
EMG listed 15.4 per cent on the Dubai Financial Market, raising $1.58 billion from the sale, which was well covered by investor bids.
Located at The World Islands, the store will be at a depth of four meters underwater.
The new flag-down rate will increase from Dhs3 to Dhs5 during the peak hour timings of 7-10 am and 4-8 pm.
Upto 35 per cent of overall infrastructure work on the Dubai Parks and Resorts complex is completed, confirm officials.
The service, which is scheduled to begin on December 1, will boost cargo and passenger capacity by a third on the route.
Hotels can boost in-house guest spending by 37 per cent during pleasant weather conditions by personalising communication to guests, a new study says.
Qatar’s index rose 0.3 per cent while Abu Dhabi’s benchmark edged up 0.1 per cent.
Henrik Stenson’s win also put him second on Europe’s money list and he will earn a further $800,000 from a $5 million bonus pool shared among the European Tour’s top 15 players.
The new initiative is part of a programme that aims to transform the emirate into an open air gallery, with various art exhibits across different points of the city.
The company said it would pay the special cash dividend following the recent IPO of Emaar Malls Group.
The smart app aims to create a comprehensive Dubai video guide for travellers, relocating executives and residents.
Engineering firm Arcadia will now seek to expand into Saudi Arabia, Qatar and the UAE.
It aims to sell 2.53 billion shares, or 40 per cent of its outstanding shares, between Nov. 17 and Nov. 30.
The mounting oversupply of property means a price correction could be coming, writes Peter Cooper, editor of Arabianmoney.net.
The UAE has lofty ambitions to soon transform itself into a smart and mobile government. Are things proceeding on track?
McIlroy was playing for the first time since early October after taking a break to fight a still unresolved legal case with his former agents.
The company owned by Dubai’s Al-Futtaim Group plans to raise a 10-year, amortising facility.
A government source had previously said the negotiators were considering a payment of around 235 million Egyptian pounds ($33 million).
Emirates’ bottom line was hit by runway upgrades in the first six months of the 2014, resulting in modest growth of eight per cent.
Emirates and Qatar Airways have signed financing facilities with banks to purchase new planes.
The emirate beat cities such as New York and London in the survey.
The $1 billion luxury residential and hospitality project is on track to open its doors in 2016, says developer.