Political unrest in Egypt is not affecting work on the mall, confirms George Kostas, CEO of UAE-based retailer Majid Al Futtaim Properties.
New InterContinental Abu Dhabi Grand Marina will feature a Michelin-star signature restaurant with rooftop bar and second Holiday Inn capitalises on demand for mid-scale hotels
The terminal is the first phase of a $15 million investment which will include new hangar and maintenance facilities.
The 620,000 square metre retail destination will form part of the Dubai developer’s new 15.3sq km Deira Islands project.
The firm said the facility would be used to refinance existing debt and to finance planned new real estate projects.
Abraaj bought a controlling stake in KES Power, the majority shareholder in K-Electric, in 2009.
Factors driving the demand for tea include its increased health benefits, its role in fitness and nutrition and the fasting period.
The recent fiasco surrounding Dubai builder Arabtec calls for urgent corporate change, writes management expert Debbie Nicol.
The survey by PwC found that 75 per cent expect an increase in funding for infrastructure and capital projects over the next 12 months.
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.
Located in Dubai, the Dhs500 million residential project, Dreamz By Danube, includes 171 townhouses.
The luxury Italian brand’s plans include flagship stores and more than one regional hotel.
Egyptian state news agency MENA said Saudi would inject $124 million dollars into the Saudi Egyptian Construction Company (SECON).
The phone, BlackBerry’s new android app-compatible model, will be priced at Dhs899.
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 luxury device from Tonini Lamborghini will be available across 10 Dubai stores from tomorrow.
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.
The company’s camel milk chocolates will be sold across all major duty free outlets through its listing with Gebr. Heinemann.
ALIF Fund will be managed by the International Airfinance Corporation with Airbus and IDB as investors and partners.
Hasan Ismaik, who resigned as head of the firm last week, said that he has offers from government entities and an international construction firm.
The towers will be located in the Sahara complex between the borders of Sharjah and Dubai.
The first phase of the $40 billion Etihad Rail project includes a 266-kilometre long rail network that runs from Shah to Ruwais.
The development will include three office buildings overlooking Crescent Plaza, which houses luxury retail outlets and F&B options.
The increase in tourism numbers was spurred by the launch of a daily Emirates flight route to Lisbon back in July 2012.
One-year dollar/Saudi riyal forwards jumped as high as 50.50 points, their highest level since the Arab Spring uprisings hit the Middle East in March 2011.
Randall faced waves of uncertainty when UAE water exports were banned. The Masafi CEO reveals how he got the ship firmly under control with a new plant in Turkey.