Gulf Business brings you the mammoth developments that are set to change Dubai’s landscape.
Although there are only a limited number of start-ups in the country, the ones that exist are rapidly gaining momentum, says expert.
Aldar Properties and Sorouh Real Estate will trade as a merged entity with a capital of Dhs7.86 billion.
The acquisition allowed Gulftainer to assume full management of three Saudi terminals, located in Jeddah and Jubail.
France has been hoping to sign a contract to equip Qatar’s air force with Rafale fighter planes made by Dassault.
The flight from Muscat to Kuala Lumpur was diverted to Mumbai after the threat was received.
The Australian midfielder is believed to have agreed terms with the UAE club and will undergo a medical.
The Abu Dhabi-based lender has acquired Dubai First from the debt laden Dubai Group.
Twelve UAE nationals were arrested after the boats allegedly crossed into Iran’s territorial waters.
Sheikh Ali bin Jassim al-Thani and his wife Iman al-Kuwari were sentenced on Thursday to a maximum of six years in prison.
Saudi Arabia is trying to reduce a black market in labour among the estimated nine million foreigners in the country.
KIPCO owns 60.5 per cent of OSN and its Saudi-based partner Mawarid Group has 39.5 per cent.
The latest cases bring the total number infected worldwide to 70, with 39 having died since MERS was identified last year.
The Kingdom has no immediate plans to open its doors completely to foreign travellers.
Under Saudi regulations foreign-owned businesses face a complex licensing process and are tightly controlled.
Since the fall of Syrian rebel stronghold Qusair this month, there has been growing unease in Riyadh about the opposition’s chances.
Senior Afghan officials had accused Washington on Wednesday of breaking assurances to Kabul.
BP has already spent hundreds of millions of dollars on the project since winning the concession in 2007.
The sale will push the bank’s Tier 1 ratio towards its 17 per cent target for the end of 2013.
Gulf economies have ridden out the global financial crisis of the past five years more smoothly than many economists expected.
A team of U.S. negotiators arrived in Qatar earlier on Wednesday and held a meeting with Afghan diplomats in the Qatari capital.
Ties between Egypt and the UAE have been strained since the revolution that toppled veteran Egyptian ruler Hosni Mubarak.
Qatar said in 2011 it wanted to replace its fleet of 12 Mirage fighter jets, possibly buying 24 to 36 units.
The UAE has revived a proposal to merge its two main bourses in a state-backed deal that could boost trading.
The order, previously logged as being from an unidentified customer, makes Oman Air the first Gulf customer for the next generation aircraft.
Premium cabin will serve passengers seeking more on-board frills and entertainment
The new BlackBerry smartphone, priced Dhs1,499 will be unveiled in the UAE on June 20.
Investigation now underway into the cause of the damage on the evening flight from Muscat.
The loan maturity has been extended to the second quarter of 2018 from the second quarter of 2017.
The sultanate’s central bank has issued a warning to the country which echoes a similar statement by the IMF last week.