The first property under the new brand is due to open on The Pearl, Qatar in September.
The new legislation will allow small and medium-sized firms to use machinery and other assets to back loans.
The Saudi billionaire’s investment vehicle plans to sell its stake in 20-30 hotels in the next two years.
The UK continues to be the top source market to the UAE with British Visa cardholders spending $540.4 million in 2012.
The airline announced route expansion on three continents together with a huge increase in capacity in Pakistan.
The Dubai-based airline currently flies to over 120 destinations across six continents.
Local leaders have urged Emiratis to prioritise knowledge and personality development over fancy job titles.
Not content with a Ferrari FF or Lamborghini Aventador, Dubai Police now use a rare Aston Martin One-77.
The most important news and announcements from the opening day of the region’s biggest travel event.
Young Emiratis still prefer government jobs but those are becoming scarcer. That fact is encouraging them to take a fresh look at opportunities in the private sector.
The MoU between the two airlines makes provision for reciprocal ‘earn and burn’ with frequent flyer programs
Emirates president Tim Clark said the airlines were not influenced by Etihad’s partnership with Virgin Australia.
Increased services from aviation hubs like Dubai and Doha boost Salalah’s tourism.
Gulf Arab banks have stepped up bond sales this year with over $5 billion of dollar-denominated bonds issued so far.
The bank recorded strong growth in net profit and net income compared to its first quarter in 2012
The repayment was part of a dual-tranche facility issued in April 2008.
Emirates and Qatar Airways are expected to be among the first and possibly biggest customers for Boeing’s latest aircraft.
The government hopes to facilitate debt sales by its private sector, says finance minister Darwish al-Balushi
The emirate’s new tourism strategy is aimed at achieving that vision, says senior official.
The Trump International Golf Club Dubai will be the first course by the organisation in the Middle East.
Exhibitors are queuing up to promote themselves at the 20th edition of the ATM next week, as the region’s travel and tourism operators embrace the upturn.
The deal would allow RMAL to develop venues under the chef’s name both regionally and internationally.
The Wyndham Dubai Marina is expected to open within the next three years and will house 497 guest rooms.
President and CEO says plans to double the number of hotel rooms in Dubai is ‘100 per cent achievable’.
The 10 year loan facility will be used to develop the first phase of the residential compound
The Dubai-based construction firm will be building 253 luxury villas in Emaar’s Casa development in Dubai.
ADCB’s shares hit a 4-1/2 year high on Wednesday; the bank posted a five per cent increase in first-quarter net profit.
Sheikh Nawaf, 75, is the brother of the ruling emir and is next in line to lead the oil-producing Gulf Arab state.
A source has said Qatar Solar Technologies (QSTec) is willing to take a minority stake in the German solar company.
The deal is being channelled through Qatar Foundation Endowment.