The emirate still offers higher rental yields than many global cities.
The luxury accessories retailer is selling the concept of ‘affordable luxury’ to Middle East’s shoppers.
The agreement aims to develop poor areas in Egypt and maximise job creation among women and youth in the country.
The index climbed 0.9 per cent to 3,013 points, its highest close since October 2008.
Saudi Arabia has been repatriating illegal expats with the hopes of stemming unemployment among locals.
Under the law, Dubai will require its residents and visitors to have compulsory health insurance.
The United Arab Emirates dropped out of the coal-fired power plant project earlier this year.
Surprise announcement shows Qantas continues to wrestle with fuel costs and competition
The firm acquired the hotel from a unit of Dubai World for an undisclosed sum.
Bank loan growth to the private sector was 13 per cent in October, the slowest rate of expansion since May last year.
Iranian Foreign Minister Mohammad Javad Zarif visited the UAE as part of a regional tour to improve relations with the GCC.
The Kingdom’s economy expanded at an annual rate of 3.1 per cent in the third quarter of this year.
Banks in the UAE are seeking to capitalise on the country’s growing obsession with football.
Second Gulf carrier set to serve Dallas from next summer
The current 30 million barrel-a-day target for the 12-nation group adequately matches demand, say officials.
But the UAE is prepared and capable of hosting the Olympics, says senior UAE National Olympic Committee member.
The Gulf Monetary Council has dismissed media reports of four GCC countries launching a common currency.
The construction contracts have been awarded for Azure Residences and Club Vista Mare.
Output and new orders in the country’s non-oil private sector accelerated to a record high.
Global carrier identifies premium demand and raises competition with Safi Airways.
Kuwait Airways is planning to buy 25 new aircraft and lease 12 other new planes.
New brands such as Andaz and Hyatt Place are being lined up in next development phase.
Almost 7.5 million barrels of crude oil per day were recorded in November this year.
The Kremlin said Putin and Prince Bandar discussed plans for a long-delayed international peace conference on Syria.
Currently, more than one million Saudis work in the private sector.
Flight EK 215 crosses the Russian Federation, the North Pole and Eastern Canada before landing in Los Angeles.
Doha carrier doubles up to meet growth projections beyond slot-constrained Ataturk
October saw 288,268 guests check into the emirate’s hotels with a 79 per cent occupancy rate, up 10 per cent on a year earlier.
Qatar had been a firm backer of Mursi’s Muslim Brotherhood and lent or gave Egypt $7.5 billion during the year he was in power.
Dubai’s government should create an environment that will foster entrepreneurs in the coming years.