Crude suppled to the market in August was at 10.18 million bpd, down by about 78,000
A total of 26 awards – judged by an independent panel and public voting – were handed to the winners
Like road networks, air space is divided into corridors with only some space open for use by civilian traffic
The development forms part of The Villages concept, urban centres aiming to bring key amenities within walking distance
The resort is scheduled to open in 2018 with 225 keys planned
The two communities will be part of the 5.4 million square feet Al Zorah master development
Construction work on the tower is anticipated to begin next year
Factors including cheaper import costs for materials and a plentiful supply of land meant Dubai compared favourably to other locations
The Skyline Towers comprise of 34 floors and will become Dubailand’s tallest structure when completed in 2018
The kingdom is encouraging investment in different energy sectors
The awards ceremony will be held on Tuesday and the shortlists across all the categories have been revealed
Over 300 local and international exhibitors will be taking part of the three-day property extravaganza this year
Qatari officials have announced plans to spend around $200bn on infrastructure projects over the next decade or so
A total of 1,000 Qatari soldiers, backed by 200 armoured vehicles and 30 Apache helicopters have reportedly been deployed
Nakheel has partnered with the Minor Hotel group to develop the 500-room hotel, the first AVANI property in the UAE
The joint venture, called ICON Arabia, is planning to bring 15 new food and beverage brands to the region
The agreement is aimed at generating new business opportunities in the GCC and India
The facility is split into two parts – a $255m term loan and a $145m revolving credit facility
Automotive and retail sectors saw the highest growth in salaries so far this year, a new survey showed
Significant efforts are needed to address the current imbalance in housing across the region, says JLL report
The project will be close to New York University Abu Dhabi campus and will comprise of 302 residences
The increase in foreign ownership from the present level of up to 75 per cent for retail businesses comes after tumbling oil prices have slashed government revenues
The company hopes to have a 50 per cent share of the UAE’s smartphone market by value
The country had to shut down two oil facilities that it shared with Saudi Arabia last year
The UAE’s economic diversification, smart city vision and political stability have all helped fuel the job market, says analyst
Ibrahim Alassaf said the kingdom was well-prepared to cope with the plunge of crude prices
The project consists of 480 residential units with one, two and three bedroom apartments in two 37-storey towers
The uber-luxurious limited edition villas will be located within Damac’s AKOYA Oxygen master development
The newspaper did not elaborate on when the government might reach a conclusion on the issue, and it did not give details of the possible reform