The Dubai-based developer has announced the launch of The Address The BLVD, its first luxury hotel since the property crash.
UBS’s annual cost of living study ranked the city 22nd globally.
The loan facility will be used to fund the Abu Dhabi-based bank’s growth and expansion.
Debt-ridden Dubai Group is reportedly in talks to sell its 45 per cent stake in a joint venture firm with cement maker Lafarge.
The three banks failed to reach a restructuring deal with Dubai Group, the investment vehicle of Dubai Holding.
UAE telecommunications operator Etisalat sold 775 millions of its shares in Axiata.
Following the Fukushima disaster last year, how can the country learn from those mistakes and ensure it gets its $20 billion project right?
Retailers warn UAE customers to wait and buy Apple’s new iPhone from official outlets as grey market prices are higher.
The Dhs1.5 billion Princess Tower is 98 per cent sold, says developer Tameer.
The Dubai-based investment company blamed a lack of liquidity in the market for postponing its IPO and preventing Dubai’s full recovery.
The lender opens Beijing office to tap rising financial ties between the UAE and China.
Majid Al Futtaim-owened malls have seen a 15 per cent rise in footfall for the first half of the year.
The winner of ‘The Entrepreneur’ show will receive a Dhs1million cash reward.
The green energy firm is proactively seeking partnerships in the Kingdom, according to its chief executive.
Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.
The discount window will improve liquidity management practices in the country, the central bank said.
Combined oil output from Saudi Arabia, Kuwait and the UAE rose sharply in August.
While imports remained constant, exports to the EU rose 15 per cent year-on-year during the first six months.
The family-owned business plans to issue new shares as it prepares to float on the stock market.
The Dubai International Financial Centre had 899 active registered companies as of H1 2012.
With chandeliers that sparkle as much as the food, Vôi is a Vietnamese restaurant with an elegant French influence in the über glamorous Jumeirah Zabeel Saray.
The family conglomerate said that it was financially prepared to go public.
The agreement does not include a global revenue-sharing deal or equity injection from either side.
The Abu Dhabi-based Emirates Aluminium will encounter higher loan rates due to the Eurozone crisis.
Monthly traffic surpassed five million passengers for the first time.
The Shuweihat 2 plant project may launch a bond as part of a $2.2 billion refinancing plan.
The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.
The state-owned property firm has rolled over the Islamic debt facility, owed to a syndicate of banks, several times.
Bankers and CEOs earn the highest wages, but overall UAE salaries remain muted says new survey.
A new index by HSBC shows the manufacturing and services sectors fell 0.1 points from July.