The recently launched Montrose project incudes two residential towers and one hotel tower.
The Ebola virus has claimed over 1,900 lives since the outbreak began in West Africa late last year. Is enough being done to stop its lethal spread?
Emaar could consider IPOs for its hospitality and international units in the future, writes Sachin Mohindra, SVP – Portfolio Manager at Invest AD Asset Management.
The lagoon, to be built by Crystal Lagoons, will be situated at the centre of a 240-hectare mixed project being developed by the Prince Sultan Cultural Centre.
The growing number of moviegoers in the UAE has driven the rise in cinema ad spending.
The bank, which currently has one branch in the Kingdom, is looking to grow operations across the country.
Etihad Airways tops the list of UAE brands found have the most engagement with professionals on LinkedIn.
Following the transition, ADIB will serve over 700,000 customers across a network of 85 branches, 660 ATMs, internet and mobile platforms.
An investment in Qantas does is not in line with the airline’s strategy, Emirates’ COO Thierry Antinori said.
Jumeirah Park Pavilion is a 10,6000 square metre retail facility and will cater to residents of the Jumeirah Park, Jumeirah Islands and Jumeirah Village communities.
Emirates is the world’s largest operator of the A380 with 51 currently flying and has a further 89 of the planes on order.
Shares in Emaar, the biggest listed developer in Dubai, surged 6.7 per cent on strong volume and dominated trading in the emirate.
The tower, located in Marina Square on Reem Island, comprises 202 units that are ready for handover.
Sharjah has appointed HSBC, Kuwait Finance House, National Bank of Abu Dhabi, Sharjah Islamic Bank and Standard Chartered to arrange the roadshows.
Emaar, Dubai’s largest real estate developer, will offer 30 per cent of the shares to individual investors and 70 per cent to qualified institutional investors.
Fund managers still see pockets of opportunity in Saudi due to the market’s liquidity and diversity.
Jean-Marc Jacot explains how the company’s Middle Eastern expansion will help raise its global profile.
As global migration towards cities grows, Dubai and other urban centres are looking to compete on a new frontier of smart technology.
Gulf bond issues, expected to start next month, are likely to include a sovereign sukuk from Sharjah and a sovereign U.S. dollar conventional bond from Bahrain.
The carrier is set to receive the first delivery of the new widebody aircraft in the fourth quarter of this year.
The developer has awarded a contract worth around Dhs75 million to UAE-based Trojan General Contracting to build the complex.
Yas Mall, set to open in November, is slated to become the emirate’s first ‘super-regional’ mall.
Nayef Al-Hajraf replaces Saleh Al-Falah, who had held the post since the Capital Market Authority began operating in early 2011.
The new phase will include a redesigned VOX Cinemas complex and the launch of new fashion brands and F&B outlets.
Officials in the country have also said that applying make-up while driving will draw a fine of Dhs1,000.
Exclusive: Shayne Nelson, the CEO of Emirates NBD, says mid-sized banks in the country should consider in-market mergers.
Qatar’s benchmark rose 0.6 per cent, led by Islamic lender Masraf Al Rayan and Qatar National Bank
The two million square foot mall will feature a multi-screen cinema, supermarket, speciality shops and F&B options.
The country we all know as Iraq may never be the same again and that poses problematic questions for the stakeholders in its economy.
The bank had agreed to close some customers’ UAE accounts in an anti-money laundering settlement with US regulators announced on Tuesday