Carlos Slim Helu is a Mexican business tycoon and the world’s richest man.
Former owner Cunard dismisses reports that the Queen Elizabeth II liner will be scrapped.
Survey shows ‘significant increase’ in investment from Europe.
The 632-room resort Rixos Bab Al Bahr will be joined by the 349-room Waldorf Astoria Ras Al Khaimah.
Emaar Square will house over 1,000 luxury homes, a 180-bedroom five-star hotel and the largest shopping mall in Turkey.
The group’s chairman will “continue to focus on best practice and growing the company in a sustainable way.”
The five-star resort will see its 446 rooms and F&B outlets refurbished.
The developer has announced its first major project since 2008 with a 53-storey tower in Downtown Dubai.
The 6-Series Gran Coupe opens up a new bracket for itself, encompassing the best from BMW’s back catalogue.
Delta Air Lines is buying a 49 per cent stake in London-based Virgin Atlantic.
As part of the partnership, the car manufacturer will explore the viability of setting up an automotive facility in the Kingdom.
The luxury jet operator recently placed an order for 56 new planes worth $7.8 billion with Bombardier.
The move reflects the increasing number of flights Emirates has on remote stands that are not connected to terminal airbridges – as well as the large number of premium passengers on board its widebody aircraft.
Accor’s renewed focus in this fiercely competitive district follows yesterday’s announcement that its upscale Pullman brand will be reflagged Sheraton Mall of the Emirates early next year
Emaar and Dubai Holding unveil the first development in the ‘city within the city’.
The government has started imposing fees on companies that hire more foreign than local workers.
Sahara India Pariwar completed its purchase of a 75 per cent stake in the Plaza for $575 million.
The two have signed a MOU that will pool $389 million of investment capital.
Neil Churchill talks to the global head of TAG Heuer watches, Jean-Christophe Babin, on timepieces, Iran and Lewis Hamilton.
Dispelling fears of a Eurozone crisis and liquidity crunch, art sold better last year than in any other time in history.
The British maker of James Bond’s cars could be Indian-owned by the end of the week.
While 21 per cent of UAE hotel projects in the pipeline have been postponed, 54 per cent are confirmed, finds new study.
The luxury car brand is targeting a slice of the German manufacturers’ pie.
Hospitality company Jumeirah has signed an agreement to operate in Mumbai, India; CEO tells Gulf Business that Delhi may be next.
The boss of Dubai’s major excursions firm says the UAE’s cruise sector is one to watch.
Presenting a luxury corporate gift to your business associates can often make or break the working relationship.
A new breed of mannequin uses facial recognition software to gather customer data while you shop.
With $4.4 billion needed to meet its first obligation, there are worries as to where the money will come from.
The firm’s shares have not traded since last December when it accumulated huge losses.
The project, slated for completion in 2015, includes a luxury five-star hotel, a villa complex and a commercial centre.