The joint venture, called ICON Arabia, is planning to bring 15 new food and beverage brands to the region
The facility is split into two parts – a $255m term loan and a $145m revolving credit facility
Significant efforts are needed to address the current imbalance in housing across the region, says JLL report
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 project is scheduled to be completed by early 2019, the developer said
The Atlas default affects at least 15 banks, but sources say that reaching a deal would be tricky unless creditors can meet its founder, who remains in police custody
The helipads will be used during emergency situations for medical evacuation, officials said
The advertisements are scheduled to begin running this October, a senior spokesperson confirmed
Dubai’s financial freezone is looking to Indian and other Asian markets to fuel its growth over the next 10 years
The NAIA Tenora project by Damac features 270 serviced hotel apartment units
The app facilitates package pick-up and delivery via a phone’s GPS coordinates
The cineplex will be VOX Cinemas’ 12th outlet in the region and the third new location in the last four months
The initiative will highlight steps taken to ensure transparency of the procurement process for Expo 2020
The tower is expected to open in 2020
The emirate’s airport welcomed 6.68 million passengers during the month
The company announced over a year ago that it had agreed in principle with the Egyptian government to build one million homes in the country
The deal is the latest divestment by the Dubai government-owned group to repay its debts
The units will be located at the main square of the project alongside a retail precinct and a hotel
The Dhs 275m mall features 53 retail outlets and is anchored by a Carrefour hypermarket
Local and global businesses previously used Dubai as hub for their Iranian operations, the consultants said, predicting this would again become common practice
The syndicate for the dual Islamic and conventional facility is backed by a mixture of local and Chinese banks
Kazakhstan’s president said DIFC was the model for the planned Astana International Financial Centre
The first phase, set to cost around Dhs 500m, is slated for completion in 2018
The district will house the Burj2020, a super tall commercial tower being designed by architects Adrian Smith and Gordon Gill
The developer has not seen prices fall in any of its properties so far this year, says Saeed Al Qatami
M.M. Ramachandran reportedly has outstanding debts of Dhs 550m to various banks in India and the UAE
Abdullatif AlMulla said DPG’s 2015 profit and revenue will be higher than in 2014, but declined to provide further details
Two prototype palms have been installed – one at a beach near the Burj Al Arab hotel and the other at Zabeel Park
The company said the plans are contingent on demand from customers and there is no dollar value yet on the company’s possible investment in Iran