Dubai’s market rapidly absorbed an influx of new hotels in 2013 whilst maintaining a healthy occupancy rate throughout the year.
Around 22 per cent of Abu Dhabi employees and 33 per cent of Dubai employees will see a rise in housing allowances this year.
UAE residents and holidaying Europeans now have improved access to the popular Thai destination
Simon Crisford will take on a new role as Sheikh Mohammed’s global racing advisor.
The firm will provide complete MEP works for the automated passenger mover system (APM), which will connect Concourse 4 of Dubai International Airport to Terminal 1.
ADCB has chosen Bank of America-Merrill Lynch, Barclays, ING and JP Morgan Chase to arrange the transaction.
Spread across nearly six million square feet, the cluster will provide a dedicated area for companies manufacturing halal products.
The substation, which has a capacity of 150 megavolt ampere (MVA), was built at the cost of Dhs86 million.
The deal, if completed, would be worth about Dhs2 billion ($545 million).
The deal would see an initial investment of Dhs1.5 billion by NFPC to build a mega-facility that will be spread across eight million sq ft of land in Kizad.
The windy city will shortly will be served by all three Gulf carriers and becomes Emirates’ ninth US gateway
Foreigners currently own 4.35 per cent of the company, according to bourse data.
Mulberry at Park Heights comprises of 330 apartments in close proximity to an 18-hole championship golf course.
The Dubai developer announced earlier this year that it would repay Dhs4 billion of its bank debt in 2014, ahead of maturity in September 2015.
The hotel will offer 268 fully refurbished and brand new rooms and suites.
Al Khalidiyah Mall has launched a new 3D cinema and a bowling alley in addition to opening new international branded stores.
Dubai’s service and manufacturing firms are the most optimistic about hiring, according to a DED survey.
The country is mulling the imposition of tax on companies, Sheikh Hamdan cofirmed.
The sizes of the stake and details of the nature of the alliance have not been disclosed.
The performance marks the start of a tour that moves on to Japan, Macau, Australia and New Zealand.
This is the American’s first singles title since 2012.
Unlike Dubai, Abu Dhabi’s property market rebound appears to have been triggered by clever government intervention in the market.
More than 23,000 mobile numbers have been switched so far, according to the TRA.
Under secretary for political affairs Wendy Sherman will travel to Abu Dhabi, Riyadh and Jerusalem next week for consultations with respective governments.
The fund’s largest equity investments include Emaar Properties and London-listed UAE firm NMC Health.
An extra charge of Dhs2 will be levied on all credit and debit card payments while Nol card users will incur a Dhs1 charge.
Engineers found the smoke to be the result of a common occurrence caused by a warm tyre, the airline said.
Accor is tapping into region-wide demand for long-stay accommodation
Ambassador for the UK’s financial sector wants to see more women at senior management and board level.
The developer confirmed that 120 retailers have booked spaces at Nakheel Mall.