The Dh6 billion Bluewaters Island project will also be connected to the mainland via a monorail system and a footbridge.
The proceeds “will be primarily distributed as dividend” to Emaar shareholders, the firm said.
The newly launched GQ Bar in Dubai is calling all gentlemen to experience a night they won’t forget, its owners tell Aarti Nagraj.
The 319-room hotel marks the Hilton luxury brand’s first entry into Dubai.
Memac Ogilvy Dubai claimed agency of the year, while Ogilvy & Mather bagged network of the year award.
The emirate’s largest sharia-compliant lender says it is entering a growth phase domestically and internationally.
Second Waldorf Astoria to open in the UAE features varied F&B options and MICE facilities to appeal to business and leisure travellers
Dubai Internet City and Dubai Outsource Zone recorded strong growth in 2013, TECOM said.
New tech move allows guests to access hotel services and make spa, golf and movie bookings
Necessary market maturity and support infrastructure have increased the appeal of the Middle East’s art market, experts say.
The specimen, a late Jurassic period dinosaur, is 24.4 metres long and 7.6 metres high and is expected to boost the mall’s footfall.
International filmmakers will only be lured to the city if it offers attractive benefits and creates a strong production ecosystem, say experts.
Dubai operator steps up its Indian Oceans portfolio with purchase of 84-key resort
The company plans to use the proceeds for possible future acquisitions and investment in existing assets.
The district will help Dubai earn around Dhs300 billion in tourism revenues per year by 2020, the developer says.
Dubai’s retail industry is one of the most lucrative sectors for foreign investment, according to a new report.
The Dubai developer will launch for sale the second phase of luxury residences at Mulberry at Park Heights.
The project in Dubai will span an area of 150,000 square metres.
The east coast city becomes the eighth destination in the carrier’s US network
The project will cover 160 million square meters across 13 sites in Egypt for lower income individuals, a statement said.
The non-oil foreign trade of Dubai rose to Dhs1.329 trillion ($362 billion) in 2013, data from Dubai Customs revealed.
The development will add around 300 units to Palm Jumeirah’s property inventory.
Dubai needs to diversify its sectors to weather future economic risks, according to experts.
The project will comprise one residential tower and one tower of serviced apartments.
Rising house prices could affect Dubai’s regional competitiveness, an expert has said.
The mosque will use LED lights, solar panels and energy saving taps to save energy.
Around 55 percent of the company’s equity, or 275 million shares, will be offered to the public in the IPO at Dhs1 per share on the Dubai Financial Market, CAPM said.
Emirates confirmed a hydraulic brake fluid leak on the flight, which was travelling from Kuwait.
The DMCC partnered with global brokerage firm BGC Partners this week to promote the platform to a wider international trading community.
Technical failure forces Abu Dhabi flights to other regional airports