Dubai’s benchmark advanced 1.2 per cent to 2,771 points, its highest finish since November 2008
The Expo 2020 winning bid will be announced in November this year.
The tax exemption, covering the 10 per cent municipality fee, will extend to applications over the next three years.
The UAE’s booming private education sector has attracted many UK universities to setup affiliate campuses in Dubai.
Over 1.5 million passengers passed through the emirate’s airport in August.
GCC states’ expenditure on rail schemes, expansion of power generation plants and housing projects is expected to boost capital expenditure in 2013.
According to the IMF, Dubai’s total debt stands at $142 billion, or around 102 per cent of its GDP.
Vivendi in July entered into exclusive negotiations with Etisalat to sell its majority holding stake in Maroc Telecom for 3.9 billion euros in cash.
A MasterCard study has found the UAE has one of the fastest changing payments systems.
Major food exports from the Australian state include dairy, meat, fresh fruit and vegetables
Emirates REIT, formed in 2010, has income-generating assets worth 770 million dirhams.
Emirates is the largest operator of Boeing’s twin-engined 777 jetliner and is looking at a more fuel efficient version to introduce around 2020.
MAF had a Carrefour store in Aleppo shut down as a result of the violence in Syria.
Dubai is competing with Izmir in Turkey, Sao Paulo in Brazil and Yekaterinburg in Russia for the right to host the 2020 world’s fair.
Dubai-based Noor Investment Group will act as the financial advisor to Dubai’s Supreme Council of Energy on the project
The Abu Dhabi fund said that profit attributable to equity owners for the first half of the year was Dhs1.1 billion.
The LA Lakers’ player has received a tax-free trade license from the Dubai Multi Commodities Centre (DMCC).
The registration fee charged for real estate transactions has been raised to four per cent from two per cent.
The UAE’s airport retail sector has benefitted heavily from increased passenger traffic in the country.
Abu Dhabi is investing billions of dollars in industry, tourism and infrastructure to diversify its economy away from oil.
ADIA previously accused Citigroup of fraud in the initial arbitration.
Sony’s latest smartphone, available in black, white and purple, is priced at Dhs2,749 in the UAE
As Dubai’s property market returns to its boom days, experts urge government intervention to prevent another bust.
The Dubai-based airline has new routes coming up, says Emirates president Tim Clark.
UAE expats are “less prudent” than their counterparts in Singapore and Hong Kong with regards to financial planning.
The restaurant will be owned and operated by franchise partner Awgal investments and Menfex, the brand developer for Mooyah.
Currently, non-UAE nationals can own up to 15 per cent of the developer
Depa’s scope of work will include architectural woodwork, flooring work, decorative tasks and interior lighting.
The channel will feature series and movies from India’s movie hub.
Abu Dhabi-owned nightlife and restaurant brand diversifying into hospitality with work on Dubai beachfront resort set to start next year.