Ahmed al-Qassim was appointed chief executive of Dubai Group last week.
The new project, called The Boardwalk, will run across the whole of the existing crescent with a pier at either end.
The UAE attracted FDIs worth $12 billion in 2013 owing to increased government spending and resurgence in some service sectors.
An Abu Dhabi company plans to bring the region’s first ever salmon farm to the capital.
Etisalat Nigeria could raise $400 million by selling its transmitter towers.
The phone, priced at Dhs1999, will be available in the country by the end of February.
The capital of the UAE has designated areas for property investment by foreigners.
Prices start at Dhs10 million and the plots can be used for residential, hotel or commercial development.
Sheikh Mohammed launched the UAE National Agenda for the next seven years on Tuesday.
The UAE recently introduced mobile number portability (MNP), which allows users to switch operators while retaining their number.
A study shows 73 per cent of them prefer LinkedIn over Facebook or Twitter.
The price of a 25 lbs capacity cylinder has been reduced to Dhs54 from Dhs61.
Executive vice chairman Colm McLoughlin said the company will focus on the new Al Maktoum International airport.
The project on Al Reem Island will house a five-star hotel and a residential tower, and will be built within three years.
Several companies are interested in joining the project with revised terms, UAE’s oil minister Suhail bin Mohammed al-Mazroui said.
The British Horseracing Authority (BHA) banned Zarooni for eight years after finding him guilty of administering anabolic steroids.
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.
Alitalia is in talks with Etihad to sell the UAE carrier a large stake.
Shezanne Cassim was detained in April and sentenced to a year in prison for making a 20-minute “mockumentary”.
Starwood will seek to attract well-heeled leisure guests to the less-developed emirate
Authorities are looking to reduce power and water consumption rates in the GCC, which are the highest in the world.
Violators face two years in prison and a fine of up to Dhs1 million.
Food and non-alcoholic beverages accounted for the largest rise in the emirate’s consumer price index, rising 25.9 per cent last year.
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.
Shezanne Cassim, 29, was sentenced to a year in prison in April over a “mockumentary”.
A 75-year partnership with ExxonMobil, Royal Dutch Shell, Total and BP expired on Friday.
Abbas Yazdi, a 44-year old businessman, went missing in Dubai in June.
Dubai Mercantile Exchange CEO, Christopher Fix, is looking to establish DME Oman as the price benchmark for Middle East crude heading East