The fund will focus on investing in companies across the Gulf, mainly in the UAE and Saudi Arabia.
Real estate veteran Khalaf Al Habtoor says Dubai will quash rivals in November.
The new service will offer the 500,000 Filipino expats in Dubai more travel options during peak periods.
The new scheme will house over 100 mansions and sit alongside an 18-hole PGA Championship golf course.
The UAE is expected to grow strongly owing to the recovery of sectors like financial services and construction.
The TAQA-operated block is expected to initially produce around 30,000 barrels of oil per day.
Average sales prices have also gone up, but there’s no bubble in sight, says Asteco report.
Will Abu Dhabi’s new financial zone look to rival its Dubai neighbour? Or will collaboration between the two be a wiser move for the region?
This year’s event will cover more than 25,000 sq metres, an increase of 50 per cent on last year and Cityscape’s largest size in four years.
Despite a lack of local knowledge, UAE financial heads are increasingly looking to recruit top tier talent from the UK.
Strikingly designed hotel aims to open in the Burj Khalifa district in 2016.
The lagoon will be situated in Mohammed bin Rashid City’s District One community and will cover 40 hectares of land.
Ajman Bank, one of the smaller lenders in UAE, announced it had hired Mohammed Zaqout as chief executive on April 8.
The Ministry of Labour is yet to announce how many days off private sector workers will be given.
The deal had been delayed due to scrutiny by Indian regulators and also due to opposition from some politicians.
Dubai wants to become a top centre for the issuance and trading of Islamic bonds, aiming to rival the main hubs of Kuala Lumpur and London.
The new financing will be used to speed up plans for regional expansion, with GlamBox hoping to deliver its first products to Saudi before the end of the year.
Deal value in the third quarter touched $19.1billion, up 99 per cent compared to the same period last year.
Liquid S1 is deemed most corporate friendly phone as the 5.7-inch HD screen model has dual sim and wireless office features.
House prices in the emirate have climbed more than 22 per cent over the past year.
The scheme will include a new shopping centre, four hotels and 450 restaurants as well as luxury housing and cycling paths.
Retail traders dumped some of their recent favourite shares in order to shift to DFM.
Investors have become less bullish on Dubai’s markets as they believe most of the stocks are now fully valued.
The newly doubled fee will help level the balance between genuine buyers and speculators, experts say.
Earlier this year DKV reported growth figures of 24 per cent thanks to the arrival of businesses from the education, human resources and recruitment sectors.
The smart phone will go on sale to the Middle East public at Gitex Shopper in Dubai on October 5.
A report by Symantec has revealed the average cost of cybercrime per person has risen 50 per cent in the rest of the world.
Talks on a tie-up between the Dubai Financial Market and the Abu Dhabi Securities Exchange have occurred on and off since 2010.
Dubai’s villa and apartment sale prices have recorded year-on-year growth of 26 per cent and 42 per respectively.