The renovation will start on July 8 and is expected to take up to 10 months.
The regulator is looking to implement previously issued rules and policies.
Arranging banks said order books totalled $14 billion, indicating massive demand for the deal.
Managing director John Banaszkiewicz says the broker will take advantage of Dubai’s proximity to Asia.
The emirate has signed an agreement for a petroleum storage facility in Malaysia’s Johor state.
The cabinet reshuffle includes four new ministers and one new ministry.
Special service marks island’s 45th anniversary of independence – and serves as a capacity-raising hint from the airline
The country scored much lower than the other Gulf states on the latest MasterCard Index of Consumer Confidence.
The construction firm already has 60 per cent stake in Target, an oil and gas construction business.
Survey finds only 31 per cent of female employees would stay put if offered a job elsewhere.
More than $34 billion worth of Islamic bonds have been issued through the London Stock Exchange.
UAE nationals choose public over private sector jobs with investment firm Mubadala the company of choice.
Visitors from Qatar and Kuwait were found to be the biggest spenders.
The sukuk, maturing 2023, will have an amortising structure, with an average weighted life of five years.
Investors are starting to buy back into the emirate’s stocks following a recent slump.
Securing storage space at the key fuel hub outside the Strait of Hormuz helps traders ensure swift and flexible supplies to buyers.
UAE-based Abraaj Capital invests undisclosed sum in Anoud Games through its Palestine Growth Capital Fund.
Dubai-based entrepreneur Paul Kenny speaks out for the first time on the Tiger Global Management buyout, this year’s most important regional dot-com acquisition.
The bank will use the proceeds to repay part of the Dhs12.6 billion it received from the government in 2008, say sources.
The country ranked 28th overall in the World Economic Forum’s Travel & Tourism Competitiveness Report 2013.
La Petite Maison has its roots in balmy Nice, where the owner serves a glittering set of regulars, including Nicholas Sarkozy and Carla Bruni.
The French game is quickly gaining appeal all over the world.
The new facility is expected to open in the third quarter of 2014.
UEFA president Platini has suggested Qatar shares the 2022 World Cup throughout the Middle East and moves it outside of Summer.
The telecoms operator posted a record revenue of $8.97 billion last year, up 2.2 per cent from 2011.
The asset disposals are expected to result in a net gain of $151 million for DP World and help boost its capital levels.
The UAE’s imports from the US equalled around $22.57 billion, up roughly $6.7 billion over 2011.
The $1 billion project will be located in the heart of Downtown Dubai and is expected to be completed by the end of 2015.
The Gulf Business 2013 Salary Survey reveals which jobs in the UAE pay the most.
The survey, conducted by Deloitte, spoke to students and companies in the Middle East, Africa and Asia.