The current hotel supply pipeline is only linked to the emirate’s 2020 tourism strategy, says Helal Al Marri, the head of Dubai’s DTCM.
The Japanese car maker sold around 5,892 units in the region during its financial year ended March 2014.
One person died from MERS and five others have been infected with the disease in the Emirates, it was reported last week.
The move was facilitated by the emirate’s official foreign investment development agency Dubai FDI.
The new collection of Mira Oasis townhomes follows strong investor interest, said the Dubai developer.
Minister wants to ‘turbo charge’ investment opportunities on back of abundant air links
The law is expected to be enacted within three months or less, the UAE economy minister said.
The Abu Dhabi-based group will invest around $200 million in its hypermarkets across Malaysia.
Move likely to be welcomed by resident and transfer passengers but both airports will be under scrutiny
Cargo traffic at Abu Dhabi’s Khalifa and Zayed ports combined is expected to top 12 million tonnes this year, up from 9.3 million tonnes in 2013.
The number of job vacancies saw a two per cent year-on-year growth in March while jobseekers rose seven per cent, says a new survey.
The Dubai Fountain and the Creek were some of the attractions highlighted in the emirate.
The project, being developed in partnership with Meraas, will be located in the Dubai developer’s multi-themed park project in Jebel Ali.
The firm attributed higher revenues to a strong recovery in the capital markets and a pick-up in the local market for IPOs.
The emirate recorded sales activities worth Dhs31.5 billion and mortgage transactions worth Dhs28 billion in Q1 2014, the land department says.
Lenders hurting themselves by cold-calling customers, says head of Retail Banking at Emirates NBD.
Emirates, which may appeal the decision, started to fly the Malpensa-New York route in October last year.
ExxonMobil, Royal Dutch Shell, Total and BP have each held 9.5 per cent equity stakes in the ADCO concession since the 1970s.
The six were all first aid service personnel from the Philippines working with the UAE Interior Ministry in Al-Ain.
The 250-room hotel at Dragon Mart will be managed by Accor under the ibis Styles brand.
Mubadala was last in the market in April 2011 through a $1.5 billion five-and 10-year trade.
The Landmark group hopes to have at least 10 Oasis Centre malls operational across the GCC by the end of 2015.
The project will include 388 serviced living units, with prices starting at Dhs625,100.
Apartment and villa rents in the emirate grew by five and three per cent respectively in Q1 2014, a new report says.
Dubai-based Marka said it will introduce global franchises and brands to the Gulf, allowing it to build a customer base quickly.
Perdana Quay, launched by Tradewinds Corporation, is an integrated leisure, retail, residential and commercial development.
The Dubai developer said it handed over 400 units during the first quarter of the year.
The law is expected to be ready by 2015, according to a UAE federal minister.
The reduction follows ongoing political unrest in Ukraine.
Under the deal, Julphar will manufacture MSD products related to diabetes, asthma, allergy, pain and inflammation.