All public sector departments will remain closed from December 2 to December 7 as per directives by the UAE president.
Waha made a net profit of Dhs301.2 million ($82 million) in the three months to Sept. 30, up from Dhs107.1 million in the year-ago period, it said in a statement.
The company said in an emailed statement that it collected more than Dhs13.6 billion in its 16-day IPO.
The backing of deep-pocketed Aabar Investments may be crucial to Virgin Galactic as it struggles to recover from the accident.
The four-phased project will chart opportunities for tourism development in Ajman over the next five years.
Third A380 service provides more choice for passengers connecting later in Dubai, and flying onwards in America
The deal between NASDAQ Dubai and Misr for Central Clearing, Depository and Registry (MCDR) establishes technical ties that will facilitate dual listings.
A total of 38 pilots are expected to commence work at Etihad Airways by the end of this year with the remaining two joining in the first two months of 2015, the airline said.
The new company is expected to be named Orascom Construction.
The majority of UAE residents (84 per cent) surveyed said that their rents increased at some point in 2014, according to price comparison website MoveSouq.com.
Mobily announced it had cut profits for 2013 and the first half of 2014 by a combined SAR1.43 billion because of accounting errors.
The opening is timed to coincide with the 2014 Formula 1 Etihad Airways Abu Dhabi Grand Prix.
The deal is Abraaj’s fourth investment into Southeast Asia’s food and beverage industry.
Drydocks World will offer offshore marine and operational management solutions for the upcoming island.
New regulations will cap the price increase for health services offered by the private sector at 4.22 per cent, the Dubai Health Authority said.
From diamond–encrusted rims to luxurious audio systems, the flashiest add-ons, according to Carmudi.com.
Etisalat owns 27.5 per cent of Mobily, which on Monday cut its profits for 2013 and the first half of 2014 by a combined SAR1.43 billion ($381.2 million), citing accounting errors.
Subsidies and transfers accounting for nearly 20 per cent of annual expenditure in Abu Dhabi, according to the IMF.
Barclays and Citigroup are the joint global co-ordinators for the bond sale.
The loan will have a lifespan of between seven and eight years and will have an amortising structure, the sources said.
The airline said that almost half a million passengers have connected to its in-flight wi-fi since Emirates launched the service three years ago.
Madrid-based Parques Reunidos will operate the two theme parks coming up within the bigger Dubai Parks & Resorts Complex.
The levelling-off in the market is however prompting investors to explore other asset classes, said the JLL survey.
French hospitality giant confident about region’s outlook and identifies eight key tech areas
The 382-metre high tower comprises 474 residential units and is the main feature of the World Trade Center Abu Dhabi project.
Emirates was one of six main FIFA sponsors who collectively paid around $180 million last year.
The bank made a net profit of Dhs476.8 million ($129.8 million) in the three months to Sept. 30, up from Dhs395.5 million in the prior-year period.
The firm is currently earmarking the U.S. dollar-denominated sukuk to price in the area of the very low 200s in terms of basis points over midswaps, a document showed.
The first café will open in the UAE before November 2015, the company said in a statement.
Almost 50 per cent of the households in Dubai earn between Dhs9,000 to Dhs15,000 per month and can only afford rents ranging from Dhs32,500 to Dhs54,000 per annum, a new study says.