The Middle East’s leading airport is comfortably on track to surpass last year’s total of 57 million.
The DFM crashes for a second day in a row as a U.S. strike on Syria looks more likely.
The Sheikh claimed he helped the bank become lead arranger on a $9 billion asset sale by Kuwaiti telecom operator Zain.
The Dubai Financial Market dropped seven per cent on Tuesday following reports of a possible Western strike in Syria.
A consortium of National Petroleum Construction Company (NPCC) and France’s Technip will develop the Umm Lulu field.
The MENA business reported revenues for the first half of the year were up 22 per cent on last year at Dhs1.01 billion.
The two nations have signed a 25-year deal valued at around $60 billion.
The luxurious destination features 100 retail and high-end F&B outlets spread across 33,000 sq metres.
Kuwait is deemed the most optimistic country in the GCC, while Lebanon and Egypt bring the Middle East average down.
The Syrian chemical weapons crisis has sparked fear among Dubai investors.
Emirates will be keen to connect passengers across its global network, particularly in Europe and Africa.
The quarry in the Al Taween area will not be allowed to reopen until its violations are rectified, a ministry official has said.
A construction timeline for the proposed 30,000 square metre retail facility is yet to be announced.
The zone is seen as a challenge to neighbouring city state Dubai, which is the top financial centre in the region.
TAQA said it had decided to defer the investment decision in Afsin-Elbistan until 2014.
BBA was holding talks with its U.S. rival StandardAero over a $4.2 billion tie-up.
HSBC is advising SABB on the potential riyal-denominated sukuk issue to boost its Tier 2 capital position.
The new facilities will include outdoor pitches and four indoor, air-conditioned pitches.
The accepted origins are from the European Union, North and South America and Australia.
The 1,238-room Holiday Inn Makkah is slated for completion in 2016.
Rents rose by 11.3 per cent across Dubai during the first half of 2013, says a Cluttons report.
The Sultan’s visit is the first by a foreign leader since moderate President Hassan Rouhani took office in early August.
The Bin Otaiba Investment group has bought a 91,000-square-metre land plot on the island to develop a five-star hotel.
The island’s once vibrant economy was paralysed by violent pro-democracy protests which deterred foreign investment and crimped tourism. Where does it stand today?
Markus Thesslef also reveals plans to launch a new Spanish restaurant and additional openings for Okku and Sophie’s.
Despite a strong supply of office units in the market, increased demand is boosting rents in the Kingdom.
The Dubai-based developer has $2.2 billion debt maturing in 2015.
The regulators will supervise fund managers operating between the Dubai International Financial Centre and Europe.
The UAE lender seems to be ignoring impending regulations by the Central Bank to cap mortgages at 80 and 75 per cent.
As the latest network sharing agreement flops, is now the time to end the UAE telco duopoly?