The UAE-based shopping mall operator hopes to start construction on the project by the end of 2012.
Reports had earlier claimed that unskilled visitors from Asian nations would not be granted UAE tourist visas.
The low-cost airline will now transport goods to Europe, the US and across Asia.
The Dubai carrier will use Airbus’ superjumbo on a permanent service, giving a 46 per cent rise in seat capacity.
The Abu-Dhabi developer behind the country’s railway network appoints Nasser al-Mansoori as its new chief executive.
The Dubai-basd builder made a loss of Dhs11.6 million in the second quarter of the year.
The Northern emirate is boosting its planes to attract wealthy Westerners.
Crescent Petroleum says it is confident that Sharjah-based Dana will find a resolution for its Islamic bond maturing in October.
Haitham Al Kouatly is accused of conning homeowners and tenants out of Dhs6 million in various property locations across Dubai.
Increasing supply in the emirate’s property market will continue to force rents and sale prices to fall, says new report.
E&Y and Arqaam were accused of failing to comply with international accounting standards.
The emirate has Dhs6.5 billion ($1.8 billion) of debt maturing in April 2013.
The UAE-based shopping mall developer made a gross revenue of Dhs10.7 billion for the first half of the year.
The Dubai-based airline has denied it has any plans to buy stakes in any Indian carriers, after rules were lifted last week.
The airport’s cargo capacity is set to increase to 3.1 million tonnes by 2018.
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.