Cobone is looking to tap into the Gulf’s booming online travel industry by offering greater features.
The 466-room property will target ‘new Dubai’ businesses as well as value-seeking business travelers.
The Abu Dhabi builder made a profit of Dhs407.5 million compared with Dhs205.7 million in the corresponding period of 2012.
Alba’s income was boosted by a seven per cent increase in sales to 183.3 million dinars, with strong demand from Saudi Arabia.
The smartphone maker abandoned plans on Monday to sell itself sparking a 16 per cent drop in its share price.
The biggest businesses in Qatar, valued by market capital.
The bank also reported a year to date net profit rise of 33 per cent on the same nine-month period last year.
Set in the new Al Maktoum International Airport, Dubai’s Airshow is set to be bigger than ever.
Sheikh Tamim bin Hamad al-Thani showed sensitivity to issues that could become politically controversial in the tiny but wealthy state.
Sulaiman Al-Habib Medical Group has appointed the investment banking arm of Banque Saudi Fransi to assist with the sale.
The financing is for six Boeing 737-800 aircraft three of which are scheduled to be delivered in the second half of 2014.
The government hopes that reducing the number of illegal workers will create opportunities for Saudi job-seekers.
The new tower, rising 369.1 metres, will be one of Dubai’s top ten tallest buildings.
The Entertainer has been on a major expansion drive following investment by Abraaj Capital.
Dubai’s real estate market has been rebounding from its crash while the hotel and restaurants sector grew 13.7 per cent in the first half of the year.
The energy firm reported a net profit of 146 million dirhams for Q3, compared with a loss of Dhs288 million in the corresponding period of 2012.
The Dubai company reported a net profit of Dhs23.8 million for Q3, compared with a profit of Dhs3.9 million in the corresponding quarter in 2012.
Twenty Egyptians and 10 Emiratis are charged with setting up an illegal branch of the Muslim Brotherhood in the UAE.
Victor Dahdaleh is accused of making corrupt payments of over $63 million to the former chairman of Alba.
Qatar’s planned spending over the next decade could destabilise the economy by inflating real estate prices and saddling companies with excessive debt.
The biggest businesses in the Kingdom, valued by market capital.
Canada is the latest addition to Dubai’s growing list of supporters for its Expo bid.
Airline prepares to launch its seventh Chinese destination in 10 years.
Dubai carrier is eyeing a wide range of export opportunities.
Oman began to introduce Islamic finance last year, becoming the last of the six Gulf Cooperation Council states to do so.
Etisalat will pay Vivendi 3.9 billion euros for the stake, plus a further 300 million euros in 2012 dividends from Maroc Telecom
The rate of output growth for non-oil producing private sector companies, at 58.2, was the second-slowest in the survey’s 51-month history.
Swiss operator’s sixth Dubai property is an “unpretentious” addition to the New Dubai scene.
Abu Dhabi’s property prices have risen throughout the year as rents have stabilised due to continued demand.
UAE firms saw output growth fall to 56.4 points in October from 57.9 in September, which was the strongest level in the survey’s history.