The index, which fell as much as 5.2 per cent is now down 2.6 per cent.
Based in Tecom, the new hotel is expected to open by 2016 and will have around 672 rooms.
The average built asset wealth per person across Qatar, Saudi Arabia and the UAE is $112,842, the study found.
UAE companies saw output growth accelerate to 56.6 points in August, the highest level since February.
Emirates’ resumption is a positive sign but logistical challenges remain
The $100 billion-plus sovereign fund is scouting for opportunities in Asia and the United States.
The new credit facility covers about half of a $500 million five-year loan which the fund had signed in August 2008.
A leading practitioner says an increasing number of Emirati women are opting for the alternative medicine system.
Dubai World paid $375 million for a 50 per cent stake in Fontainebleau Miami Beach in 2008.
Etisalat and du are suspending services of subscribers who have not registered their SIM cards on time.
Dubai International Financial Centre currently has 979 registered companies with a total workforce of 15,000.
Etihad’s Flying Nanny programme aims to assist families during long-haul flights.
The 48-storey residential tower is part of the group’s Central Park project in the DIFC.
The mechanics, engineering and plumbing contract was awarded by a joint venture led by Arabtec Holdings.
No one was injured in the incident, which reportedly occurred at dawn on Saturday.
An Uzbek woman threatened to blow-up the Dubai Public Prosecution building on Sunday following a personal dispute.
The League of foreign ministers also said those responsible for the chemical gas attack should face trial.
The US is preparing strikes against the Syrian government, blaming it for a chemical gas attack that killed hundreds of civilians.
Abu Dhabi’s residential property market could see new demand as the deadline for employee relocation ends today.
Chevron won the new contract to supply U.S. allied military jets refuelling in Dubai.
Peter England, previously a senior banker at Malaysia’s CIMB Group, will replace Graham Honeybill.
The Philippines-based casual dining chain will open two outlets in Abu Dhabi this year.
Etihad agreed to pay $379 million for a 24 per cent stake in Jet in April.
Tonnage figures were largely driven by increases in key export markets such as India, Hong Kong and China.
The investment fund, in partnership with USAA Real Estate Company, bought an office building in Houston.
Dubai’s index lost 5.4 per cent last week over worries of a U.S. military strike in Syria.
Saudi Arabia was Brazil’s top trading partner in the Middle East during the first half of the year.
Saudi Arabia’s defence readiness has reportedly been raised to “two” from “five”.
The number of Twitter users in Saudi Arabia nearly doubled in six months to 2.9 million in July 2012, amounting to a little over 10 per cent of the population
In an excluisve interview with Gulf Business, Sanjay Verma talks about how India and the UAE can further their relationship for mutual benefit.