Emaar is aiming to sell two billion shares in EMG, representing 15.4 per cent of the unit’s share capital.
Mashreq also has no interest in any of Standard Chartered’s UAE operations, CEO Abdul Aziz al-Ghurair said on the sidelines of a company event in Dubai.
The first nuclear reactor is scheduled to enter commercial operations by 2017, the UAE’s nuclear agency said.
Called eZayed, the platform allows for physical and online bidding on real estate.
Around 18 per cent of SMEs in the UAE have stepped up their exports to overseas markets while 26 per cent of them have expanded their domestic operations, a new survey says.
The Gulf carrier plans to instead invest in equity stakes and codeshare deals to grow, said James Hogan.
Major projects being developed by Dubai Holding and its units, Dubai Properties and Tecom Investment will be displayed during the upcoming property show.
Apple launched the new phones on September 9, and they go on sale from September 19 onwards.
Emaar Properties said that institutional investors had fully subscribed to their tranche of the $1.58 billion IPO of EMG.
The Securities and Commodities Authority (SCA) has outlined rules to make it faster and cheaper for firms to issue conventional and Islamic bonds.
The development will feature nine low-rise residential buildings including apartments and townhouses positioned in five clusters that are 250 metres long each.
Arabtec said it “does not have the information” on such a deal, it said in a bourse statement.
ENEC is expected to apply for a separate operating license before it can operate the reactors as the current approval only covers the construction of the units.
Emaar is aiming to raise as much as Dhs5.8 billion ($1.58 billion) from the offer of shares in Emaar Malls Group (EMG).
The upscale residential developments will be located in Palm Jumeirah, Dubai Maritime City and Downtown Dubai.
Increased demand for bulk staff housing from Dubai firms has caused rents in Sharjah to rise, a Cluttons report says.
Sources say that Hasan Ismaik has finalised the sale of stake in Arabtec to Aabar and the deal will be announced soon.
Business confidence has grown in the UAE with more than 45 per cent of the respondents expecting the Expo win to have a positive impact on their growth plans.
The new applications that were released include the Drivers and Vehicles smartphone app, Smart Parking app, Business Sector Services app, Salik Smart app and the Public Transport app.
The new resort, to be completed by 2018, will consist of 800 rooms, suites and 250 hotel apartments.
Mohammed Khalid Khalifa Al Raisi suffered a sudden heart attack at the Armed Forces Residences on Saturday night.
Salaries across the GCC are predicted to rise by five per cent in 2015, according to Aon Hewitt.
The familiarisation trip includes delegates from nine countries in the Americas, Europe, Middle East and Russia.
The loan will be used to fund Empower’s multi-plant district cooling network in Dubai’s Business Bay area, the company said in a statement.
The newly completed phase of the project will be open to public from the third week of September, RTA said.
Emaar expects to sell two billion in Emaar Malls Group with a price range of Dhs2.50 to Dhs2.90 per share, it said in a statement.
Marka initially planned to list its shares on the DFM around the first week of June, but the market was hit by volatility that month.
When Dubai’s residential property prices shot up sharply last year, it invoked fears of another bubble, but analysts suggest the market is sturdier this time around.
Talks are at a preliminary stage to sound out banks about what Dubal could raise in the loan market, the sources said on condition of anonymity because the information is not public.
Abu Dhabi firm Trojan General Contracting committed investments worth $16 billion in various infrastructure projects in West Africa.