Lender said cuts were due to the slowing market
The 1.5 million square feet mixed-use development is expected to be completed in 2018
The blaze on New Year’s eve gutted the 63-storey luxury hotel
Luxury Macy’s-owned beauty and accessories store will span 93,000 sq feet over three levels at the 360 Mall
The 10,000 sqm deck will extend 100 metres out into the Arabian Gulf and feature cabanas, sun loungers, a restaurant and a bar
The two countries signed 14 agreements and memoranda of understanding
Organisation suggests the market could ‘drown in oversupply’
Report finds that the wealthiest 1 per cent owns more than the rest of the world’s population
Developer plans to generate Dhs 2.2bn in annual net operating income by 2020
The sultanate is anticipated to see a rise in public-private partnerships, finds Cluttons report
The overall value of property investment in Dubai grew 24 per cent to reach Dhs 135bn last year
Chief executive officer Raed Kajoor al Nuaimi talks to Dean Carroll about Dubai Parks and Resorts’ flagship Dhs 10.5bn project and the company’s future plans
The oil giant was jointly developing the Bab sour gas project with ADNOC
Cooperation between market forces will help the market stabilise, said Ali al-Naimi
Concept is claimed to be the first of its kind in the Middle East
The company’s Dubai Mall outlet is its most financially successful restaurant worldwide
Minister of environment and water suggests the target was ‘conservative’
Dubai airline Emirates tops the list as brand ambassador Jennifer Aniston creates a marketing buzz
The amount will be used to finance environmentally sustainable projects over the next 10 years
Emirate had set a goal of cutting carbon emissions prior to the COP 21 agreement
The annual gathering of world leaders will take place later this week in Davos
The Dubai-based lender posted a 32 per cent drop in impairment charges
Ban Ki-moon unveils landmark report in presence of HH Sheikh Mohammed bin Rashid Al Maktoum
Cuts follow the 350 reported in November at FGB, HSBC and Standard Chartered
Iran is expected to raise oil supply in the market, which in turn is slated to further dampen prices
GCC governments have slashed spending as oil prices continue to plummet
Iran to buy 114 Airbus aircraft following sanctions removal
Chief client officer Ravi Rao will replace him next month
Units at the Navitas Hotel and Residences project are priced from Dhs 440,000 onwards
Another third of cash-strapped employees cannot save a single dirham a month