Commercial licenses constituted the major share of total licenses issued in the last quarter of 2013, said Dubai’s Department of Economic Development.
Rising property prices have pushed out potential home buyers, finds survey by propertyfinder.ae.
New decor, modern technology and two fresh F&B concepts among the changes at established beachfront hotel.
Lawmakers want to investigate all deals agreed by Kuwait Airways, which is attempting the biggest overhaul of its fleet since 1990.
The report estimated Saudi Arabia was spending $59.6 billion, a rise of 8.6 per cent.
Without a government credit rating, Emaar’s rating is seen as an indicator of investor confidence in Dubai.
Major mall developers are targeting Sharjah’s retail sector as demand surges.
The brokerage is seeing increased interest in the three markets among Qatari investors.
The new mall is located in Mohammed bin Zayed City.
Apartment rents in popular areas such as Al Majaz and Al Nahda rose nearly 38 per cent in Q4 2013, a report says.
Passengers can order the meals – priced at around Dhs40 – through flydubai.com.
The first phase is reserved for wealthy local investors and due to finish in March and the second will be open to all Omanis, say reports.
Offenders will face a jail sentence of up to seven years and a fine of up to $26,500.
A villa in Palm Jumeirah and an apartment in Dubai Marina can be yours for $7 million, according to Knight Frank.
The Pointe, a new Dhs800 million mall on Palm Jumeirah, is scheduled for completion in 2016.
DP World said terminals controlled by the company handled 26 million TEU compared to 27.1 million in 2012.
The online content creation company hopes to scale up its offering.
Goutam Sen is allegedly being held in detention as part of a corruption probe involving Oman’s oil industry.
Qatar’s budget for fiscal 2013/4 is up 17.9 per cent to 210.6 billion riyals.
The lender made a net profit of Dhs343 million in the fourth quarter compared with Dhs242.8 million in the same period in 2012.
The Dubai developer increased its gross profit for the year from Dhs199 million in 2012 to Dhs307.5 million.
The $450 million Islamic bond is due to mature in February 2015.
The announcement was made by Italian Prime Minister Enrico Letta, who is officially visiting the GCC.
The number of active registered companies operating within the DIFC rose 14 per cent to 1,039 last year.
The bank has mandates for arranging loans and bonds for UAE entities totaling around $15 billion, an official said.
The brace of hotels will meet the growing need for affordable accommodation in the run-up to Expo 2020
Construction is expected to start in early 2015 and commercial operations in 2017.
Trading on Dubai Financial Market (DFM) was suspended because of a system malfunction
Tohoku declined to provide any details on how the Qatar gas will be priced.
With rivals such as Samsung promoting themselves heavily in the country, the US giant may have to step up its presence.