Dubai recently announced plans to build the “Mall of the World”, including the world’s largest mall, a theme park and 100 hotels and serviced apartments.
The spot silver contract will follow the launch of the first spot gold contract by the DMCC.
Emaar has launched many new residential projects this year and is also expanding its flagship Dubai Mall.
Through the use of the app, check-in time will be reduced to two minutes per passenger, the airline said.
The certificate allows Limitless to legally move forward with the Halong Star project in Vietnam.
The free zone registered 1,027 companies in the first six months of 2014.
Jumeirah Beach Residence saw the highest increase in rent prices at 10 per cent quarter-on-quarter, according to a report by Asteco.
The delay in launching the spot contract was due to not being able to link all the participants, DMCC chief said.
ENOC is one of the three companies that won the qualification certification to open more outlets in Saudi Arabia.
The SCA said it would also set up a technical committee with the central bank and the exchanges to prevent any manipulation of stock prices.
Drake & Scull subsidiary Passavant Energy & Environment will construct and operate two wastewater treatment plants in the North Indian state of Punjab.
The financing was arranged for BMJBR Properties Limited, a company owned by the private equity arm of Bank Muscat, the lender said in a statement.
Dubai’s government debt is expected under a baseline scenario to fall gradually to 41.6 per cent of gross domestic product in 2019 from 60.2 per cent in 2013, the IMF said.
Dubai’s main index climbed 2.4 per cent as shares in Arabtec jumped 5.4 per cent in early trade.
A list of the top iftars around Dubai this Ramadan and what they charge along with their major attractions.
The development will include the world’s largest mall and a range of leisure, retail, cultural, wellness and hospitality options.
The eight million sq ft mall will be connected to a theme park, theatres, medical tourism facilities and 100 hotels and serviced apartments.
Construction is scheduled to begin in Q4 2014, and the centre is slated to open in March 2016.
The payment came from the proceeds of asset sales completed by the firm and follows an initial sum of $284.5 million returned in March to creditors.
The company said that it cancelled the IPO due to challenging public market conditions.
Arabtec chairman assured investors on Wednesday that Aabar still considered it a long-term investment and might even raise its stake in future.
Engineering consultancies Green Energy and Energoprojekts will carry out design review and infrastructure site supervision services for the 132/11kv substations, the developer said.
The Securities and Commodities Authority clarified that it could not have suspended trading in Arabtec shares during their recent plunge.
The new facility will further expand the company’s presence in the UAE.
The 132/11kV substation is one of the projects that DEWA has launched to build the emirate’s power capacity.
Aabar’s chairman says investors misunderstood the significance of the small reduction of its stake in Arabtec.
Prime rents in the city rose six per cent in Q1, and are up 16.4 per cent year-on -year, the report found.
Dubai’s main index posted its biggest daily rise since last September, while Arabtec surged its 15 per cent daily limit.
Net foreign investment in-flow reached Dhs2.1 billion last month despite market volatility, DFM said.
The sharia-compliant mortgage lender proposed in June to make an initial down-payment of 20 per cent while the remaining debt will be paid over 12 years.