The Kingdom’s tourism sector provided around 751,000 new jobs in 2013, including around 27 per cent of them for Saudis.
Qatar announced plans for a raft of projects worth $140 billion after it won the World Cup hosting rights.
Ahmad Belhoul, the CEO of Strategy at Dubai’s Department of Tourism and Commerce Marketing, has been appointed as Masdar’s new CEO.
The contracts cover projects in its Al Furjan and International City communities in Dubai.
The lenders – Abu Dhabi Commercial Bank and Abu Dhabi Islamic Bank – are now the frontrunners to acquire the business.
The Islamic investment firm’s unit is in the process of selling a majority stake in English soccer club Leeds United.
The sector contributed around Dhs117.4 billion- 8.4 per cent- to the UAE’s GDP in 2013.
PepsiCo SSFL will supply its premium salty snack in all BinHendi food and beverage outlets across the UAE.
Situated in an upscale hotel district in Guangzhou, the project is scheduled to open in 2015.
Prior to joining Coutts, Dugan was CIO of Dubai’s Emirates NBD.
Refineries across Asia typically shut for maintenance in the second quarter, reducing crude demand.
VOX plans to open five new cinemas in addition to its existing project pipeline.
The cabinet endorsed the establishment of the UAE National Institute for Medical Specialisations to improve training facilities in the country.
Any strong sensation keeps people engaged and riveted, writes leadership expert Debbie Nicol.
The project registered Dhs500 million in sales during the opening hours of the launch.
Receptionists, accountants and human resource professionals are the most sought after groups among the employers in the UAE.
The project includes over 100 luxury villas, conceptualised by Donald Trump and his daughter Ivanka Trump.
The artwork, Tranquility, is also part of the auction house’s public exhibition in Dubai.
The proceeds “will be primarily distributed as dividend” to Emaar shareholders, the firm said.
Qatar, Dubai and Riyadh ranked 26, 29 and 31 respectively on the Global Financial Centres Index.
Dubai firm Arabtec has signed a $40 billion deal to build one million homes in Egypt.
Trade, energy and industry ties are dominating business and bilateral relations between the two countries, say experts.
The upgrading of Qatar and the UAE to emerging market status by the MSCI may benefit Kuwait’s stock market.
Flamingo Villas, the flagship development of RAK Properties, was launched during Cityscape last year.
The UAE will host the first phase of the popular cricket tournament from April 16 to April 30.
The manufacturer’s latest premium device will be launched roughly six months after its predecessor the Z1.
Public sector wages and operating costs have driven up Sharjah’s government spending in 2014.
Hong Kong has the priciest commercial upper-storey floor space in the world, according to a new index from Knight Frank.
Telecom Egypt has been relying on its data business to boost revenue.
Dubai Internet City and Dubai Outsource Zone recorded strong growth in 2013, TECOM said.