Dubai’s retail industry is one of the most lucrative sectors for foreign investment, according to a new report.
The Dubai developer will launch for sale the second phase of luxury residences at Mulberry at Park Heights.
The project in Dubai will span an area of 150,000 square metres.
The east coast city becomes the eighth destination in the carrier’s US network
The project will cover 160 million square meters across 13 sites in Egypt for lower income individuals, a statement said.
The non-oil foreign trade of Dubai rose to Dhs1.329 trillion ($362 billion) in 2013, data from Dubai Customs revealed.
The number of smartphones registered on the UAE’s networks rose by 10 per cent last year, according to official figures.
The development will add around 300 units to Palm Jumeirah’s property inventory.
Dubai needs to diversify its sectors to weather future economic risks, according to experts.
The project will comprise one residential tower and one tower of serviced apartments.
Rising house prices could affect Dubai’s regional competitiveness, an expert has said.
The mosque will use LED lights, solar panels and energy saving taps to save energy.
Around 55 percent of the company’s equity, or 275 million shares, will be offered to the public in the IPO at Dhs1 per share on the Dubai Financial Market, CAPM said.
Emirates confirmed a hydraulic brake fluid leak on the flight, which was travelling from Kuwait.
The DMCC partnered with global brokerage firm BGC Partners this week to promote the platform to a wider international trading community.
Passavant-Roediger, a German subsidiary of UAE-based Drake & Scull International, will undertake one project in Gujarat and one in Rajasthan.
Funds from the programme will go toward expanding the bank’s day-to-day business.
Etihad Airways said all flights into Abu Dhabi were temporarily diverted to other airports in the region.
The warning comes as Etisalat and Khalifa Foundation plan to auction VIP packages that would provide certain privileges to customers.
Technical failure forces Abu Dhabi flights to other regional airports
The strategy includes 100 initiatives in transport, communications, infrastructure, electricity and urban planning.
Saudi Arabia, Bahrain and the UAE said on Wednesday they were withdrawing their ambassadors from Qatar.
The UAE has passed a new ruling exempting citizens from 13 European member states from requiring a pre-entry visa.
The new cinema complex is located at ‘The Beach’, a retail destination being developed by Meraas Holding in Dubai Marina.
Mannai and EFG-Hermes took control of the jeweller in April 2012, with Mannai holding 66 per cent of Damas.
Dubai and Abu Dhabi feature among the top 10 global cities seeing a rise in luxury residential property prices, according to Knight Frank.
They accused Doha of not implementing an agreement among GCC countries not to interfere in each others’ internal affairs.
The conglomerate obtained money for the prepayment from asset sales.
Under the deal, Arabtec Construction will build over 1,500 townhouses in Emaar’s Reem community.
New survey attributed the higher than average rates during the start of the year to the holiday season.