Emaar said it would use some of share sale proceeds to fund new developments in Egypt and grow its land bank in the country.
The bank is looking to buy all or some of the shares of the insurance company at a price of Dhs3.64 a share.
All accused in the case were also charged with a fine of Dhs1 million for the offence in addition to the jail term.
The tech giant will open its biggest store worldwide in Dubai this summer, say reports.
The majority of HR directors in the UAE noted a return of salary inflation for existing and new employees, a new study says.
The move aims to boost Dubai as a hub for regional and international exhibitions while also attracting local and international investments.
About 55.7 per cent of retailers in Dubai are international brands while the city attracted 45 new global brands last year.
The project, valued at Dhs700 million, will comprise of 1,000 residential units and will be ready for handover by 2018.
DIB has mandated First Gulf Bank, HSBC, Maybank, National Bank of Abu Dhabi, Standard Chartered Bank and itself to arrange the meetings in Asia and Europe.
The deal, rated A1 by Moody’s, has so far attracted orders totalling more than $3.5 billion from investors, a document showed.
Emirates’ head Tim Clark has said the airline will opt for either B787-10s or A350-900s in the next stage of its fleet development.
The Roads and Transport Authority has opened phase II of the main traffic diversion works on Al Wasl Road.
The funds are aimed at helping VOX attract a further 50 million customers over the next five years.
The developer has now launched additional units for sale within the project, which is located in its Mudon community in Dubailand.
Construction on the Al Khail Avenue mall will begin this year, with expected opening in 2018.
Waha is looking to invest in sectors with high growth potential such as energy, infrastructure, healthcare and education.
The Abu Dhabi Appeals court had eased the verdicts on the defendants and overturned the school’s closure.
The claim follows US carriers’ allegations that Etihad, Emirates and Qatar Airways have received more than $40 billion in state subsidies.
Citigroup has experienced growth in credit card acquisitions in the UAE of 2.5 times over the past year, it said.
The acquisition is being funded by a blend of the company’s own funds and bank facilities, Marka said.
Uber’s reach now stretches across 310 cities and 55 countries and it records one million trips a day.
Canada was ranked as the world’s best medical tourism destination worldwide in 2014, according to a new index.
DSI’s first-quarter revenue was Dhs1.11 billion, down from Dhs1.25 billion a year earlier.
From October, online visas will become mandatory, and visas on arrival will not be granted at the airport, officials said.
The state-linked builder made a profit of Dhs618 million in the three months to March 31.
Up to 66 per cent of UAE professionals believe they earn less than what other firms in their industry offer, finds new survey by Bayt.
Published by the OECD, the biggest-ever global school rankings list is based on test scores in maths and science in 76 countries.
The move could further anger US carriers, which accuse Emirates of competing unfairly through state subsidies.
Total revenues tumbled 29 per cent to Dhs5.13 billion because of the plunge of oil prices since last June.
The builder reported a loss attributable to equity holders of Dhs279.82 million in the first quarter.