The confidence in the UAE banking sector is quite strong, says Central Bank governor.
All the workers in Dubai will require to be covered under health insurance by their employers as part of a new law.
The project cost Dhs100 million, and is expected to start selling locally produced salmon within six to eight months.
The company plans to use net proceeds from the sale for general corporate purposes including re-financing existing indebtedness.
The Fifa president has said Qatar’s labour rights situation is “unacceptable” amid a wave of negative headlines.
In August 2012 Aramco suffered an attack on 30,000 computers.
Winning Expo 2020 will hugely benefit the UAE’s events industry, says Roberts.
A seven-member committee headed by Sheikh Ahmed Bin Saeed Al Maktoum, chairman and CEO of Emirates Group, is in Paris ahead of the Expo 2020 vote.
Dubai launched a major drive to develop its Islamic business sector in January this year.
As the countdown to the Expo 2020 announcement begins, Gulf Business explains what will happen on November 27.
As the Expo 2020 announcement looms closer, Gulf Business recounts memorable quotes about Dubai’s bid.
A negative Expo result for Dubai may cause a short-term dip in sentiment levels, added the CBRE report.
Passenger traffic through Dubai International Airport rose 15.1 per cent year-on-year in October.
The entertainment and hospitality firm could be valued at about $680-$690 million, sources said.
The deal will be funded by the proceeds from Arabtec’s recent rights issue.
Another 19 people were convicted on Monday of plotting to hijack a Western airliner.
Dozens of ships that line Dubai’s docks make the 12-hour journey across the Strait of Hormuz a few times each month.
Sami al-Nisf was suspended after plans to buy used aircraft despite a government request to stop the deal.
The deal is scheduled to price on Tuesday so that trading can begin on Wednesday.
The case arose from one of Citigroup’s earlier efforts to shore up its capital base.
The silos will have the capacity to store up to 275,000 tonnes of grain.
The case comes ahead of the launch of mobile number portability next month.
Workers who have a one-day weekend will get Saturday, Nov 30 off, while those with a two-day weekend get a holiday on Sunday, Dec 1.
The refinery will have a capacity of two million tonnes per annum.
The deal is expected to be worth between 1 billion euros ($1.4 billion) and 1.5 billion, sources say.
Staybridge Suites Al Andalus Mall will target shop-loving Saudis
The three-year contract includes engineering, procurement, construction, start-up and commissioning services at a refinery in Sohar.
Government spending next year is estimated to rise by 11 per cent year-on-year, with salaries and wages accounting for 37 per cent of the total.
Saleh Lootah argued for a single global Halal standard at the Global Islamic Economy Summit.
Leaders from the Islamic finance world converged in Dubai for the Global Islamic Economy Summit.