Dubai’s stock index slid 1.3 per cent, heading for a second straight daily close below its 200-day average
The developer did not disclose the value of contracts.
Saudi Arabia’s Mobily, 28 per cent owned by Etisalat, said earlier that it would reissue its 2014 and first quarter 2015 financial statements
Damac’s latest hospitality project is an 826-key luxury hotel and residences tower on Sheikh Zayed Road.
Airport passenger traffic growth was largely driven by flights from the US, India and Italy.
The current CEO Ahmad Bin Byat has been promoted to vice-chairman and managing director while COO Fadel Al Ali will take over as CEO
UAE’s minister of foreign affairs Anwar Gargash said that recent attacks indicated the severity of the challenge ahead.
Roy Kinnear, who was a senior vice president at Etihad Airways, replaces Manoj Papa.
The global change readiness index ranks 127 countries best prepared to respond to political, economic and social change
The attack, which was targeted at an aid convoy that included the UAE’s ambassador, took place in Mogadishu’s Hodan district
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