Emaar Square will house over 1,000 luxury homes, a 180-bedroom five-star hotel and the largest shopping mall in Turkey.
TripAdvisor’s annual Cities Survey ranks the emirate’s cabs highly.
Luxembourg bought the 35 per cent stake back for the original sale price of $117.5 million.
Ominvest also has plans to list part of Oman Arab Bank on the Muscat bourse.
Caisse des Depots and ADIA come together to bid for TIGF business.
The UAE Foreign Minister has summoned Egypt’s ambassador to discuss the claims.
The decision follows Egypt’s ban after fears of mad cow disease case.
The credit facility was increased from the 7 billion riyals initial target amount.
The former FIFA presidential candidate Mohamed Bin Hammam has also handed in his resignation.
The group’s chairman will “continue to focus on best practice and growing the company in a sustainable way.”
The 400,000 barrels per day refinery is due to be fully operational in the third quarter of 2013.
Employees will get one-day off to mark New Year’s and resume work on Jan 2.
The deal will generate $242.70 million in revenue for the German carrier.
The civil aviation will also allow new carriers in an attempt to spur growth.
Emirates NBD’s offer was highest in a second round of bidding that took place in December.
The Abu Dhabi-based airline is about to buy a stake in either Jet Airways or rival Kingfisher Airlines.
The Saudi lender’s issue was around 2.2 times covered by investors.
Exclusive: Tony Douglas, boss of ADPC, said the newly opened Khalifa Port will mop up Mina Zayed’s traffic and benefit from rising MENA trade.
Take a look at the new Concourse A inside Terminal 3 of Dubai International.
Yas Waterworld Abu Dhabi is set to open its doors to the public in the New Year.
The $66 million development is held up again by land issues.
A look at the new 500,000sqm Concourse A that has the capacity to handle 15 million passengers a year.
Exclusive: Oman Air announces new flights into India and Pakistan.
The five-star resort will see its 446 rooms and F&B outlets refurbished.
The new concourse A at Terminal 3 was tested by 1,000 volunteers.
Sheikh Sabah al-Ahmad al-Sabah warned against ‘lawless behaviour and chaos on the streets.’
Interest in deals is up say experts, but closing deals is still lacking as billions of dollars in dry powder lies waiting.
Following complaints from several banks, requirements on liquid assets have been postponed.
The telecoms operator covered the costs Zain Saudi owed the U.S. firm.
Qatar’s Masraf Al Rayan will have until the new year to decide on a proposed takeover of the lender.