Dubai’s office rental market growth is driven by the emirate’s favourable economic and investor-friendly conditions.
Proceeds from the three-year loan will be used for general business purposes.
Agreement provides Greeks with greater global connectivity and Etihad with improved access to Greece and mainland Europe
Abraaj bought 80 per cent of dairy producer Yorsan Gida Mamulleri AS for an undisclosed price this month.
Empower is planning a takeover of rival utility Palm District Cooling, say sources.
Currently emiratisation in the UAE’s media industry stands at just a little over 25 per cent.
Non-alcoholic chain embarks on new growth curve following Expo win
Ramadan 2013, Gangnam Style and smartphones’ search queries top Google 2013 trending list for the UAE.
The conversion of all the bonds is estimated to lead to the creation of around 420 million shares.
The centre will work towards promoting Dubai as a centre of Islamic finance.
The newspaper defends its decision to publish the editorial, which accuses Pakistan of betraying the UAE by not supporting Dubai during the Expo 2020 vote.
Larger companies will need to implement the law by October 2014, says Dubai Health Authority.
Women value functionality over design or colours when purchasing tech products.
Selected employees will receive salary hikes of between 30 to 100 per cent, the government has said.
The retailer plans to invest over $1 billion annually over the next five years on expanding its business.
Dubai World had paid $375 million in 2008 for its 50 per cent stake in Fontainebleau Miami Beach.
Shares in Drake & Scull, which are up 93 per cent year-to-date, have been buoyed by the merger speculation.
The Morrone field is expected to initially produce over 3,000 barrels of oil equivalent per day.
The survey found that low-income earners saved two per cent more than the UAE’s general population.
Dubai’s benchmark index declined 1.6 per cent, paring the surge for the year to 93 per cent.
Hilton’s top-end brand will reach out to tourists and corporates
UAE’s strong growth in its retail sector is expected to boost the country’s apparel industry.
The bank benefited this year from lower bad loan provisioning and the writing back of existing impairments.
Couples can now get even closer to the wildlife and island’s distinctive environment.
The decision has been passed by the EU Council of ministers, but requires final approval from the European Parliament.
The Securities and Commodities Authority has circulated draft rules that treat sukuk and non-Shariah compliant debt separately.
Mall of Qatar’s general manager says the complex will set the standard for malls internationally.
Tougher penalties and strict law enforcement are needed to stamp out intellectual property fraud in the UAE.
The DFM General Index climbed 1.3 per cent to 3,199.88, the highest since October 2008.
MubasherTrade report forecasts low-to-mid-single digit economic growth rates in the Middle East in 2014.