Dubai Aerospace Enterprise had earlier ordered 10 747-8 planes and also has orders for seven 777 freighters.
Hotels in neighbouring Abu Dhabi posted a decline in occupancy and profit rates, says new survey.
MEBA conference will shine the spotlight on new airport – ahead of business aviation operations starting mid-2013
Dedicated facility at Dubai World Central Airport will help meet demand surge for professional pilots
The low-cost carrier is the launch customer for the ‘Fiber-To-The-Screen’ system by Lumexis, enabling HD movies to be shown simultaneously in every seat back.
The low-cost carrier will fly three times a week between Sharjah and Basra.
People using taxis in Dubai will have to start paying the Dhs4 toll from January.
The government hopes the new rules will reassure foreign investors and help bring in more cash from overseas.
The Abu Dhabi carrier already owns a 29.12 per cent stake in the German airline.
“Motivated” topped the list of words used by LinkedIn members in the UAE in 2012.
A police report says a cigarette was to blame for causing the fire in Jumeriah Lakes Towers.
Under the agreement, NMC Trading will introduce Radikal’s Basmati rice to the UAE market.
The surge in new orders reduced in November, according to the HSBC UAE Purchasing Managers’ Index.
Development in Dubai World Central is progressing rapidly with business jet operations set to launch in 2013.
Dubai is competing against four other cities to host the major world event.
Abu Dhabi National Energy Co (TAQA) has $1.75 billion in bond maturities next year.
New scheme means loan repayments by citizens will not exceed 50 per cent of their monthly salaries.
The most highly priced properties for sale on UAE’s market.
The Pacific Islanders win their first stage event on the World Series.
A gallery showcasing the celebrations of the 41st UAE National Day in Dubai on December 2, 2012.
The German pharmaceutical firm will produce two products in Abu Dhabi.
TAQA has purchased 53.2 per cent from General Exploration Partners.
Gulf Business brings you the top 10 banks in the UAE with the heftiest third quarter profits this year.
The airport, one of the world’s busiest, handled 4.92 million passengers in October.
A senior Dubai government official says the UAE has adequate funds to build its multi-billion dollar projects.
Mega hotels, theme parks and grandiose announcements – does this remind you of anything?
Hussain Al Qemzi says that it’s not easy to adhere to the central bank’s regulations on lending to GREs.
The deal comes weeks after British Prime Minister David Cameron’s visit to the UAE.
International Petroleum Investment Company (IPIC) plans to issue a dual-curency bond spread across two tranches.
Sultan bin Nasser Al Suwaidi says that the banking sector in the country has stabilised and lenders have a solid capital base.