The deal will add 14 more cities to Emirates’ network, allowing it to connect passengers to new tourist destinations in Thailand, Cambodia and Myanmar
The developer reported a net profit of Dhs 1.42bn ($386.6m) for the three months to June 30
The firm made a net profit of Dhs 502m in the second quarter of 2015
Emaar Misr had previously said that the board would vote whether to amend Alabbar’s position due to his other commitments in the real estate sector
Indians accounted for Dhs 7.8bn of transactions during the first half of 2015, DLD figures show
The airline will also continue its operations at Dubai International
Two communities, consisting of 1,400 and 1,000 villas, will be built for nationals in Wadi Safa and Al Aweer 1
The new project boasts the world’s tallest residential tower, longest indoor ski slope, largest dancing fountain, highest observation deck and highest sky restaurant
The real estate investment trust fund will build the facility and lease it to Jebel Ali School
The new service will add 2,900 seats per week between Dubai and Madrid, bringing the total number of weekly seats to and from Spain to over 22,000
Dubai Metro’s red line saw 55.7 million travellers in H1 2015 while the green line saw 32.4m million riders
The developer made a net profit of Dhs 1.18bn in the second quarter of 2015
The company has expanded internationally into Lebanon and the United States this year
The market is expected to see a further drop in prices during the second half of the year, says JLL
A periodic risk assessment by authorities identified deficiencies in Arqaam’s systems and controls to prevent money laundering
The UAE city beat London and Singapore, finds new report by Aetna
Traffic rose to 5.91 million passengers from 5.07 million the same time last year
The Dubai-based company handled 30.6 million twenty-foot equivalent units in the first half of the year
S&K Estate Agents (also known as Smith and Ken) has been handed to liquidators in a process to pay back creditors
The new service will be operated by a Boeing 777-300 aircraft and follows strong demand on the route, the airline said
The firm, which runs securities trading in Dubai, made a net profit of Dhs 132.4m in Q2
The company attributed the increase in profit to a rise in property handovers
Emirates International Telecommunications has a 60 per cent stake in Go
The drop in rents was attributed to a surge in supply
Griffiths waxes lyrical on everything from F1 and space tourism to oil prices and the shortfalls of democracy
Emirates International Telecommunications Malta, which holds a 60 per cent share in Go, did not say how it plans to divest its stake
The hotel operator is currently building a 253-room four-star property in Palm Jumeirah
Media reports in India quoted sources as saying Emaar was close to ending its decade-old joint venture with MGF Developments
ARIG already owns 54 per cent of Dubai-based Islamic reinsurer Takaful Re
Rents in Sharjah fell 3 per cent quarter-on-quarter in Q2 as a reverse relocation trend to Dubai gained traction, says report