Emirates Airlines, flydubai, Air Arabia and Etihad Airways suspended flights on Tuesday, in line with a directive from the UAE’ civil aviation authority.
Tawreeq Holdings developed the concept over the past year and a half, aiming to give smaller firms a funding alternative to bank loans.
An aviation official and a security official told Reuters that two passengers were lightly injured but the airline has denied such reports.
The airline is partnering with a number of government organisations and educational institutions to recruit UAE nationals.
Emaar Misr has a portfolio of investments in Egypt worth around 53 billion pounds.
Should it buy the permitted number of shares, Aabar’s stake would rise to 37.27 per cent.
Dropping oil prices are anticipated to lead to a slowdown in rents and property prices this year, says JLL report.
Three Abu Dhabi firms have listed in London since 2013: Al Noor Hospitals, Gulf Marine Services and NMC Health.
The desert resort ranked eighth among the world’s top 25 hotels as decided by TripAdvisor’s annual Travellers’ Choice awards.
Sultan bin Saeed al-Mansouri, speaking with Brent crude at about $48 per barrel, did not elaborate on why he expected the recovery.
Brent crude traded just above $48 per barrel as Greece’s election results put pressure on oil and global equities.
Emirates has been studying the impact of lower oil prices since November and is likely to introduce new prices in April.
As per the deal, MAF Fashion will be the wholesale and retail distributor for the brand in the Middle East and will work towards opening more stores in the region.
The bank made a net profit of Dhs409.6 million in the last quarter of 2014, it said in a statement.
Shopping malls recorded an 18 per cent increase in footfall during the first two weeks of the event compared to last year, according to the organisers of the festival.
The bank made a net profit of Dhs1.02 billion ($277.7 million) in the fourth quarter of 2014, it said in a statement.
DIB’s net interest margin would stay at around 3.6 per cent in 2015, the bank’s chief executive said.
The first retail and dining concept store is set to open in Abu Dhabi’s Yas Mall in May, with plans also lined up for Dubai.
Home prices in Dubai rose 15 per cent in 2014, with the last quarter seeing sluggish growth, a new report says.
The company’s 2014 annual profit was Dhs281.9 million, up 82 per cent compared to 2013, it said.
The bank’s net profit for 2014 was Dhs2.8 billion.
Gulf Technical Construction Co will provide civil, architectural and MEP services for a high-rise residential tower in Dubai.
The markets of Saudi Arabia, Kuwait, Oman and Bahrain are closed on Sunday because of King Abdullah’s death.
Officials said that the drones were flown for recreational purpose by members of the public.
A consortium led by the two firms will undertake the construction of the Dubai Trade Centre Jebel Ali development.
The contracts, awarded by ADNOC and ADCO, were awarded to Arabtec’s Target Engineering unit.
A bustling hub for global aviation, Dubai International Airport has not sat idle when it comes to large-scale investments in expansion and upgrades.
UAE President Sheikh Khalifa praised King Abdullah as one of the most notable leaders of the Arab region.
Second Pullman hotel in Dubai targets business and leisure travellers in the fast-growing community