The developer reported a 61 per cent jump in quarterly profit.
The move is expected to help the UAE become the world’s most innovative nation by 2021, said Deputy PM Sheikh Mansour.
The company’s annual profit was Dhs2.24 billion in 2014, almost flat compared to Dhs2.25 billion in 2013.
ENBD raised A$400 million from its last kangaroo bond issue in April last year.
Food delivery business 24h.ae, founded in 2011, will continue with the current management and team.
The company said that its Dreamz and Glitz projects are on track to be completed by 2016 and 2017 respectively.
Dubai was ranked 33rd globally in a newly launched sustainability index, closely followed by Abu Dhabi at 34.
The new body aims to boost the UAE’s efforts to improve women’s role in the country and the economy.
Ridlington, who was CFO from 2009 to 2011, will replace Adrian Kershaw, who will remain at Tabreed until the end of March.
The licence will allow the firm to fund small businesses and help finance cross-border deals between Saudi and the UAE.
US airlines are stepping up efforts to persuade the American government to alter or terminate the Open Skies pacts.
Human Right Watch conceded there had been some improvements for workers, who mostly come from India, Pakistan, Bangladesh, Sri Lanka, and Nepal.
The awards will be held on an international and national basis, and the winners will be announced next year.
The recruitment will increase the size of the group’s workforce by six per cent by March 2016.
The annual Saudi inflation rate was 2.4 per cent in December, the lowest level since at least September 2012.
Around 60 per cent of mall visitors last year were UAE residents and other GCC tourists while the remaining 40 per cent were tourists from across the world.
The group plans to open 20 hotels by 2018, its chief executive said.
The UAE had suspended participation in coalition air strikes against IS for several weeks over pilot safety concerns.
A population boom in Asia and Africa will make Dubai an important global hub by 2100, an expert predicted.
Dubai Holding also has no plans to raise cash at the parent level as it seeks to reduce its debts, its chief executive said.
The emirate’s smart city agenda will help it rise on the happiness index, said Ahmed Bin Byat, CEO of conglomerate Dubai Holding.
Combined cargo volumes at Dubai International Airport and Al Maktoum International rose to 3.13 million tonnes last year from 2.65 million tonnes in 2013.
ADNOC holds a 70 per cent share in the fields development venture, while Occidental holds 30 per cent, a statement said.
The contracts were awarded to a consortium involving Italy’s Maire Tecnimont and Greece’s Archirodon, Spain’s Tecnicas Reunidas, and the UAE’ National Petroleum Construction Co.
Luxury operator’s resort, its second property in the UAE capital, set to open on Saadiyat Island
The deal, worth $9.5 million, marks Julphar’s entry into Bangladesh and is part of its expansion in Asia.
The Dubai-based bank is marketing the Australian dollar- denominated seven-year notes to yield about 225 basis points above the swap rate, a document from leads showed.
Diamond prices weakened late last year, partly due to the closure of Antwerp Diamond Bank in October squeezing liquidity for manufacturers.
The UAE had earlier suspended flights as part of the U.S.-led coalition conducting air strikes against ISIL.
Oil revenues currently contribute 30 per cent to the UAE’s overall GDP.