The test, which has a fee of Dhs700, has to be cleared by all real estate brokers in the emirate.
The survey by PwC found that 75 per cent expect an increase in funding for infrastructure and capital projects over the next 12 months.
Waha Capital bought a 20.56 per cent stake in National Petroleum Services for $76 million.
The Dubai builder’s shares have fallen 59 per cent from May 14’s record close.
Suppliers need written consent from the ministry of economy to increase commodity prices.
Dubai-based Arabtec has not provided any serious explanation for what is happening, says Reuters columnist Una Galani.
Arabtec debacle on the stock market reveals the crack among bourse regulations in the Gulf
Apart from being an attractive cruise destination, the Gulf is also rapidly becoming a source market for cruise tourism, experts say.
The company is looking to grow through a franchising model, says founder and owner, Salina Handa.
Located in Dubai, the Dhs500 million residential project, Dreamz By Danube, includes 171 townhouses.
The store is part of the company’s expansion drive in the American continent.
The mobile passes will be available to travellers on select routes and will help reduce paper wastage, said the Abu Dhabi carrier.
No purchase price was given by the bourse filing in Dubai.
The introduction of mortgage caps has been instrumental in dampening the buyer activity this year, research has found.
The five-year bond is part of the lender’s $1 billion Tokyo Pro-Bond Market Programme, it said in a statement.
Arabtec slips 2.4 per cent and Dubai’s benchmark is up 0.5 per cent, after rising as much as 1.0 per cent early in the session.
The two carriers have been in talks since December, but a deal has so far been elusive.
The phone, BlackBerry’s new android app-compatible model, will be priced at Dhs899.
Flights are suspended until further notice and passengers will be rebooked on alternative Emirates flights, the airline said.
The developer will announce new “big” projects later this year, confirmed Ali Rashid Lootah.
The adoption of the amendments clears the path for the project, which was initially delayed due to lack of funds following the financial crisis.
The repayments will be funded from Nakheel’s own resources rather than support from the Dubai government.
The appointment comes as the group looks to build six more schools in the region.
Trading is active, suggesting the market’s tumble this week is viewed by some investors as a buying opportunity.
Arabtec’s shares, the most heavily traded in Dubai, plunged 53 per cent this month, dragging down the entire market.
Under the plan, an ultra-luxury 350-room resort will be added to the existing Jumeirah Beach Hotel.
The company’s camel milk chocolates will be sold across all major duty free outlets through its listing with Gebr. Heinemann.
Ismaik said he had left Depa to focus on his personal business.
The villas, which come with a starting price of Dhs36,000,000, will be ready by Q1 2017, the developer said.
ALIF Fund will be managed by the International Airfinance Corporation with Airbus and IDB as investors and partners.