The authority is also planning to build three substations, especially to deal with rising power demand during Expo 2020
A list of the top iftars around Dubai this Ramadan, what they charge and their major attractions.
The report attributed the UAE’s top ranking to its perseverance in diversifying its economy away from oil and gas
Thousands of US jobs are being threatened because of the GCC airlines, alleges Richard Anderson
Etihad bought a stake in Jet two years ago giving it a foothold in India’s fast-growing aviation industry
The private equity firm acquired Al Faris Restaurant, which operates the Johnny Rockets franchise in the UAE and Oman.
The bank is expecting to see a double-digit growth in loans this year, the CEO said.
The airline has cautioned passengers travelling from Dubai between June 25-28 to plan for heavy airport traffic
The airline also has an option to buy three more jets from Brazil-based aircraft manufacturer Embraer
The bank said the employee had received about $100,000 from a client and transferred it through his personal account to a third account
The telecoms firm is lifting a ban on foreign ownership of its shares, with a new cap set at 20 per cent of its stock
The deal will promote Australia among both business and leisure travellers mainly within Europe
The number of people looking to change jobs in the UAE was significantly higher than the global average, a report says
The mall will be a partnership project, the company said
Both countries have recorded growth in new business orders and have seen a rise in output, a report says
The emirate’s real estate market is forecast to see a 10 to 20 per cent correction in prices this year, the report stated
Sheikh Mohammed bin Zayed al-Nahyan replaces President Sheikh Khalifa bin Zayed al-Nahyan at the head of the fund
Housing and utility costs, which made up 44 per cent of all expenses, rose 7.8 per cent year-on-year
A survey by the online travel site found that Western expats in the UAE travel most often for business
As per the law, all financial institutions in the UAE are now required to disclose information about financial accounts held by US citizens
The country recorded a 4.6 per cent rise in real GDP last year with nominal GDP reaching Dhs 1.47 trillion
increasing e-commerce spend and a push by governments to encourage cashless transactions are easing more and more consumers into smart payments
Many family firms think they can continue to prosper by modernising themselves without big changes to ownership or control.
Dubai’s ENOC, which owns 54 per cent of Dragon Oil, raised its offer this week to buy out the minority shareholders
In the past two years, Natixis has increased staffing levels in Dubai by around 50 per cent to 45 people
Passenger traffic at Dubai International rose 5.7 per cent year-on-year in April 2015
The UAE’s peace levels have deteriorated by 14 per cent over the last eight years.
Emaar Misr is floating 12.99 per cent of the company, amounting to 600 million shares
Elseco’s CEO expects satellite insurance revenue to reach about $120 million in 2020, while a greater focus on aviation and energy would earn about $300 million combined.
Abu Dhabi-based Emirates Development Bank has been created by the merger of Emirates Industrial Bank and Emirates Real Estate Bank