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.
The city of Lyon is in talks with the UAE to boost tourism and green tech trade.
The chain has opened a new venue in Dubai’s Mercato Mall as it attempts to become the region’s largest operator.
The global language-learning company is to set up shop in Dubai, amid several new school announcements at GESS.
Emirates has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale.
New route provides some competition for Emirates and follows recent codeshare agreement with Etihad
The company is currently in talks to export the product to the US, UK, Japan, Brazil and Russia, among other countries.
Mohammed al-Shaibani, CEO of the Investment Corporation of Dubai said that Dubai had a plan to deal with debts maturing in coming years
The dollar-denominated Islamic bond is expected to be benchmark-sized.
Hoteliers benefited from the month-long Dubai Shopping Festival and high in-flows of tourists, particularly from Europe
The 250-room hotel is the luxury Indian chain’s first UAE property.
Retail plays an important role in the UAE’s economic growth, accounting for 12 per cent of Dubai’s GDP over the last ten years.
With 80 per cent of Starwood’s pipeline coming from rapidly growing markets, President says it’s not possible to lead a truly global business “from a boardroom in Connecticut”
The UAE’s Ministry of Finance placed Dhs70 billion ($19.1 billion) with banks after the 2008 financial downturn.
Mohamed Al Mubarak was named the deputy chief executive and chief portfolio officer of the new entity.
Latest capacity increase means the airline’s services have grown more than five-fold since it first flew to Perth in 2002
Awqaf are believed to control tens of billions of dollars worth of assets around the Muslim world.
Al Habtoor has talks with global operator about potential projects at home and abroad
The new company, called Noor Awqaf, is being set up with a share capital of Dhs10 million.
Qatar and UAE-backed investors are expected to make what will be the largest ever bid for a football club.
Gulf Business brings you the top 10 banks in the UAE that made the largest profits last year.
Abu Dhabi investment fund Aabar has a 22 per cent stake in the Dubai-based contractor.
Emirates Nuclear Energy Corp (ENEC) was awarded a licence for the construction of the first two reactors last July.
This is the Serb’s fourth Dubai Championships win in five years.
Queues of investors have formed outside the offices of real estate developers in scenes that recall the emirate’s boom days before 2008.
The utility printed the five-year paper at par at a profit rate of three per cent.
The airline’s first such initiative for three years, it will comprise TV, print, outdoor and digital elements.