The Sharjah-based carrier made a net profit of Dhs94 million ($25.6 million) in the fourth quarter.
GMS plans to sell new shares worth $100 million, as well as an undisclosed number of shares currently held by private equity backers.
The developer, which launched several new projects last year, said its total value of sales in Dubai for 2013 was Dhs12 billion.
The Fashion District, unveiled on Monday, is the first phase of the mall’s Dhs1billion redevelopment programme.
The Dubai-based mall is undergoing a massive Dhs1 billion redevelopment programme.
Schools can raise their fees from five to seven per cent depending on their rating by the KHDA.
Du’s new loan will replace two existing debt facilities.
A construction contract for Nakheel Mall is expected to be awarded within three months.
The UAE has around 34,122 inbound students against 7,719 outbound students, according to UNESCO Institute of Statistics.
Speed limits on major Dubai roads remain largely unchanged, according to Dubai Police.
Rashed al-Baloushi, CEO of the Abu Dhabi Securities Exchange, did not specify a timeframe for the proposal.
The Dubai-based airline sees lower unit costs compared to European carriers because of its business model, says a report from Centre for Aviation.
Dubai’s retail units were assessed based on their efficiency in complaints resolution, fair pricing policies and customer opinions.
At present, nationals from GCC countries can own up to 49 per cent of Deyaar’s shares while foreigners from outside the GCC have been prohibited.
The British expatriate aged 92 died of natural causes in Dubai.
Emaar Properties is expected to report its earnings in the coming days.
The Abu Dhabi carrier may have to make a tender offer to buy the entire 25 per cent public holding in Jet.
The loan, which was initially provided by four banks, is now being offered to other lenders interested in joining the deal, according to sources.
With a rising Middle Eastern investor interest in sports ventures, sports law practice will thrive in the Gulf, says an expert.
The contractor said that its revenues reached Dhs4.9 billion last year, growing by 47 per cent from 2012.
Logistics firm DHL tops the list in 2014, followed by Microsoft, as ranked by Great Place to Work Institute UAE.
UAE officials say procedures for exemption are almost complete.
A report by Lord Stevens, the former Metropolitan Police chief commissioner, cleared Sheikh Mohammed of any wrongdoing.
The approval will help ensure that the units remain on schedule for commercial operations in 2019 and 2020 respectively.
ADNOC has reduced the gas prices for the second time in two months.
The Abu Dhabi property firm is open to bank loans as well as bonds, according to the firm’s CFO.
RAK Properties has said that the company is expecting a stronger performance in 2014.
The order by DAE for 20 ATR 72-600s and options for 20 additional ones will see delivery between 2015 and 2018.
Profit rose on the back of gains from the acquisition of Sorouh and handover of residential units.
The club’s CEO Ferran Soriano also confirmed that they did not breach Financial Fair Play rules in the last two campaigns.