Dubai’s ruler Sheikh Mohammed addressed a range of topics during the inauguration of the government summit in Dubai.
Tim Clark says it “could get worse before it gets better” when asked about the Dreamliner issues.
Dubai’s flagship investment vehicle is scheduled to repay a $2 billion loan.
HH Sheikh Mohammed spoke about the Arab Spring, leadership and life.
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Investors seem to have shrugged off Emaar’s 28 per cent drop in fourth-quarter profit.
The government-owned monopoly made a net profit of Dhs4.65 billion ($1.27 billion) in 2012.
The Dubai investment bank has laid off a third of its staff since 2011 and slashed operating costs.
Tim Clark, Emirates’ president, has said Dreamliner problems will not affect progress of the new 777X.
The emirate has set its sights on becoming a global centre for Islamic business activity.
The property developer made a net profit of Dhs38.6 million last year.
Emirates boss Sheikh Ahmed bin Saeed Al-Maktoum said the deal was worth “above $10 million”.
Emirates National Oil Company (ENOC) aims to reduce imports of extra light oil from Iran.
The lender said it recorded healthy growth across its asset and deposit bases last year.
The logistics firm is eyeing acquisitions and joint ventures in Africa, Central Asia, and Asia.
The emirate’s detailed new standards are expected to provide assurances for sukuk holders and traders.
Sheikh Mohammed has ordered work to start on the Dhs2.5 billion Nakheel Mall project in Palm Jumeirah and Dhs800 million Pointe project.
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Although revenues rose 20 per cent during the quarter, the developer’s profit was hit by rising costs.
The lender’s profits rose on lower impairments and increased non interest income.
Golf Digest Middle East editor Robbie Greenfield with interviews and analysis on the historic tournament.
Simultaneous launches took place around the world including in Dubai.
The most significant price rise was seen in villas located in premier locations, finds new report.
Tamweel has been the focus of a full takeover offer by its majority shareholder Dubai Islamic Bank.
Most of its staff moved to Khalij Islamic, another investment firm with offices in London and Dubai, says sources.
The Dubai index is buoyed by foreign investors buying into the emirate’s economic recovery.
The port operator posted a 2.4 per cent rise in gross volume from 54.7 million in the previous year.
New services to Haneda Airport will provide Japanese exporters and passengers more flexibility when connecting to the airline’s global network.
Airport beats forecasts by one million and has London’s Heathrow “firmly within its sights”.
The Higher Committee will use the World Economic Forum to promote Dubai’s bid.