Sri Lanka returned a 40,000-tonnes diesel cargo shipment from ENOC on Thursday saying it was “not up to the required specifications”.
The new hotels will be located across the city, and aim to support Dubai’s goal of attracting 20 million visitors by 2020.
The airline plans to lease the Airbus A380 aircraft from a finance company that will issue $630 million of bond-type certificates to fund the purchase.
The personal finance application has 100,000 active users and plans to introduce a new planning and budgeting feature.
The opening also marked the U.S.-brand’s 34th year in the UAE as figures show it occupies 69 per cent of the local market share.
The extension of Terminal 2 by one million TEU increases total capacity to 15 million TEUs.
Australia was the fastest growing destination with 50 per cent growth following the launch of Qantas flights
The developer almost defaulted on its debts and agreed to a $16 billion restructuring in 2011.
Emirates International Telecommunications is stepping up sales from its telecoms portfolio to help repay Dubai’s debt pile.
Experts believe the emirate has what it takes to achieve its ambitious goal.
China State Construction Engineering Corporation will make its first-ever Middle East investment in the Viceroy Dubai Palm Jumeirah project.
Emirates NBD had previously said Pudner will see out his role until the end of the year when the change of position is expected to happen.
The towering Dubai landmark has become the first skyscraper globally to be mapped out by Google Streetview.
Many of Dubai Holding’s units have had to hold talks with banks to extend liabilities and restructure debt.
But work on its long-awaited Palm Jumeirah hotel in Dubai remains ongoing and it is unlikely to open until late 2015.
The closing date for subscriptions has been extended to July 4 from June 23.
Sheikh Meshal Jarah al-Sabah says the bank recruited him to scupper Vivendi’s bid to acquire Zain’s operations in Africa.
Paul Griffiths explains why Dubai International will soon be the world’s largest airport and why high oil prices are not a bad thing.
Gulf Business brings you the mammoth developments that are set to change Dubai’s landscape.
The UAE has revived a proposal to merge its two main bourses in a state-backed deal that could boost trading.
Premium cabin will serve passengers seeking more on-board frills and entertainment
The loan maturity has been extended to the second quarter of 2018 from the second quarter of 2017.
Emirates Airlines is on an unstoppable flight path, connecting Dubai to the world and generating mega-profits in the process.
The emirate, which recently announced a new design district, has now signed an agreement to create ‘Dubai Fashion 2020.’
Shatha Tower has evacuated its premises after a fire started in the basement of the building.
Fabrice Brégier told reporters he was “very pleased” with the company’s relationship with Middle East airlines.
The top gyms in Dubai, how much they charge and what they offer.
Mark Beer becomes an OBE and Joseph Tabet an MBE, in recognition of their work to promote UAE-UK ties
Richard Bergfors, CEO of the Swedish chain Max Burger, which recently launched in Dubai, tells Aarti Nagraj why he is confident of success.
The possibility of another boom-and-bust cycle in Dubai is a risk for the UAE economy in the medium term, the IMF warned