Dubai’s annual per capita consumption of electricity and water fell to 15,346 KW and 40,777 gallons respectively in 2013.
Earthquake measuring 5.2 took place in Iran, tremors felt in the UAE.
The director general of DTCM reveals how he plans to make Dubai the world’s number one holiday spot.
Dubai-based GFH Capital, where David Haigh was previously the deputy CEO, said his arrest was not related to the Leeds sale.
If previous ‘one offs’ are an indicator, it may not be long before Austrian travellers fly on the airline’s A380s regularly.
Emaar said on Monday it would list up to 25 per cent of its malls business on the Dubai Financial Market.
The firm said it had received regulatory approval for the listing, which will take place on Dubai Financial Market (DFM).
The emirate beat New York and London to emerge as the favourite destination in the world for shopping.
New resort will open in 2018 and complements its two properties in the Maldives
New report finds banks and property developers in the UAE are more conservative and better prepared this time round.
The measure is now up 43.9 per cent this year and has tripled since the start of 2013.
The carrier placed a surprise order for 50 more of the jumbo jets during the Dubai air show in November.
The three-day Vogue Fashion Dubai Experience, to be held in Dubai Mall, will include a talent hunt for 20 emerging designers.
You can tell the model to find directions, set an alarm or open YouTube
Dubai’s index fell 5.5 per cent on Monday, its biggest drop in eight months.
The global NGO, headquartered in Dubai, aims to boost international awareness of free zones.
The decline trims its 2014 gains to 44.1 per cent as 18 stocks fell by more than five per cent.
The decline was partly offset by an increase in revenue from its hospitality and rental portfolio.
The fund will now raise $700 million from an Islamic bond with a six year lifespan, up from the $500 million it had previously said it would raise.
The project will include a floating market, hotels, restaurants, art galleries and shops for Emirati handicrafts.
Investor orders worth around $2 billion have been placed so far, a document from lead arrangers said.
The hotel is part of the developer’s Dhs2.5 billion Opus project, located in the Burj Khalifa district in Dubai.
Lufthansa, Europe’s largest airline by revenue, had put LSG Sky Chefs up for sale in 2012 but then abandoned the plans.
Lady Gaga’s concert in Dubai is set for September 10.
The mixed-use development is being planned around the 53-hectare Al Mamzar Lake.
The institute will focus on skills development and research capabilities as Dubai targets becoming a ‘Smart City’.
The fund aims to issue an Islamic bond with a six year lifespan and a conventional bond offering of 10 years duration.
Dubai’s ruler Sheikh Mohammed launched the first project under the emirate’s Brand Dubai initiative.
The developer said that booked sales more than doubled year-on-year to $864 million in the first quarter.
The country’s manufacturing and hospitality sector have seen immense growth