The order was part of a package of contracts which could be worth a total of $1.4 billion to Drydocks by the third quarter, its chairman said.
Sheikh Mohammed urged the international community to ease sanctions against Iran, in an interview broadcast by the BBC.
The emirate was one of the first issuers from the Gulf in 2013 with a dual tranche 10-year sukuk and 30-year conventional note.
The investment bank’s annual net profit increased by Dhs62 million from a net loss of Dhs59 million in 2012.
Dubai Mercantile Exchange CEO, Christopher Fix, is looking to establish DME Oman as the price benchmark for Middle East crude heading East
Ahmed al-Qassim was a director of investment banking at Emirates NBD.
VOX Cinemas has launched 4DX enabled sensory cinemas at Mirdif City Centre and Deira City Centre.
Dubai-linked airline recently announced the loss of 1,000 jobs.
Victory Heights handed over 75 per cent of its phase one villas in 2010 as Dubai recovered from a property crash.
Marriott’s latest Dubai property has short-stay executives and long-stay contract workers firmly in its sights
Zurich is the Dubai carrier’s 25th A380 destination.
Iraq holds significant potential for Dubai businesses, says Hamad Buamim, president and CEO of Dubai Chamber of Commerce and Industry.
The bank will continue to offer shari’a compliant products, but hopes to widen its appeal to customers.
The confirmed $8.8 billion order, placed at the Dubai Airshow, provides the foundations for the low-cost carrier’s next growth phase.
Shareholders agreed to a motion at a board meeting on January 5 that the business would not be dissolved.
Shares of Emaar climbed 103.7 per cent last year, helped by returning confidence in Dubai’s real estate sector.
The Spanish-themed villas will form part of the Arabian Ranches extension plan.
The Dubai carrier currently has 97 of Airbus’ superjumbos on its order book.
Discussions are ongoing in the Kingdom, says Jumeirah’s president and group CEO, Gerald Lawless.
Clark was recognised for his “services to British prosperity and to the aviation industry”.
Perfumes, liquor and gold were the best selling products in 2013.
Sheikh Mohammed Bin Rashid Al Maktoum has over 2.4 million followers on Twitter.
Nakheel was taken over by the government as part of a $16 billion rescue plan completed in 2011.
Themed ‘Shop At Your Best’ the festival this year features 150 events and activities.
Construction of the project is expected to be completed within two years after awarding the contract.
The Dubai-based developer has promised customers free luxury cars as part of its Dubai Shopping Festival promotion.
Visitors will be asked to present valid ID proof when entering the freezone.
The company has not yet named a replacement for the CEO, but has announced other management changes.
Dubai developer is currently evaluating construction bids for the retail and entertainment complex.
Apartment prices at Burj Khalifa currently stand at Dhs3, 750 per square feet – a 50 per cent increase from February 2009.