Villas from the Dhs7 billion residential project will be handed over to buyers in December 2014.
Shangri-La will manage the 52-level luxury hotel in Nakheel’s Palm Tower development.
A terrorist attack killed at least 27 people in Karachi’s Jinnah airport on Sunday.
Mubadala is currently the biggest shareholder in Tabreed with 14.3 per cent.
The airline said it made the decision after reviewing the criteria and measurement of the Skytrax Airline Rating System.
Prices for the units at NAIA hotel, located on Damac’s 1.3km AKOYA Drive shopping strip, start at Dhs680,000.
Monitoring development in the UAE real estate markets and the banks’exposure to it remains a core financial stability priority, the bank said.
A six-strong team from the WHO and the Global Outbreak Alert and Response Network were invited by the UAE to investigate MERS after an upsurge in cases there in April.
It’s time to stop using the phrase “here in the region” negatively, writes Tommy Weir, the author of ’10 Tips For Leadership In The Middle East’.
Senior representatives of over 200 airlines attended the IATA meeting in Doha, making Qatar the first Gulf country to host the summit.
Gulf travellers are among the most lucrative and high-yield tourists due to their lavish spending habits, industry experts.
The first phase of the project will include putting in place mobile payments and a money transfer platform for smartphones.
EFG Hermes is one of the biggest investment banks in the Middle East.
E-commerce is booming but limited number of players in the industry and logistical challenges are hindering the sector’s growth.
A strategic location, well-developed infrastructure, and a large talent base has positioned the UAE favourably among investors.
A bulk of the new openings will be in Abu Dhabi’s Yas Mall, with stores also planned for Sharjah.
The GCC banking sector continued to make progress in 2013 with double-digit profit growth maintained.…
India, the UK and Pakistan were the top three countries from where professionals moved to the UAE, a LinkedIn study found.
One of the airline’s three daily services to be upgraded to A380s from September, complementing double-decker A380 flights into Munich
Tabreed’s first district cooling plant was commissioned by the UAE armed forces in 1998.
Qatar is wealthy enough to handle such economic dislocation without long-term damage, analysts say.
International players are expected to offer the bulk of additions to the market, with Expo 2020 being a major driving force.
Emirates has expressed interest in applying the lessons of other Airbus re-engining projects to the four-engined superjumbo.
Adam Price, managing director of Select Property Middle East, explains why savvy investors from the Gulf should take advantage of the British student property market.
The second phase of the project will have over 70 one to three bedroom apartments within a 20-storey tower, Emaar said in a statement.
Delays in jetliner deliveries can cause disruption and extra cost for airlines as they reassign aircraft to fill the gap.
With the GCC’s electronics industry witnessing extraordinary growth, competition and challenges loom large, according to retailer Emax.
Experts warn that lenders have to quickly move beyond conventional channels to survive in today’s digital age.
Jim Moaddab, COO at F&B specialist Caramel Group gives his insight into the company’s expansion plans and the UAE restaurant market.
The project will also include serviced apartment buildings, nine hotels and a marina.