The German brand, famous for its roast chicken, is opening outlets in JBR and Dubai Media City.
The new service is scheduled to begin from August 1 2015, the airline said in a statement.
Brent crude is down 46 per cent from the year’s peak in June above $115 per barrel.
The remark was one of the strongest signals yet that the world’s top oil exporter has no intention of cutting output in the face of sliding oil prices.
Regional professionals say they check and respond to official emails and phone calls while on vacation, finds new poll.
The Dubai index climbed 0.6 per cent after a 9.9 per cent jump on Sunday.
Doha carrier poised to receive Airbus’ latest model which will fly to Frankfurt from January
The firm said that it would make a further announcement on its organisational structure at a later date.
Badri said that it is hard to tell the impact of low oil prices on the market yet.
The official also ruled out a possibility of an emergency meeting in June.
Saudi Oil Minister Ali al-Naimi insisted that oil prices would improve, although it was unclear when.
The Dubai index jumped 9.9 per cent, while the main Saudi index rose 2.5 per cent.
Fitch Ratings downgraded Bahrain’s credit outlook last week to negative, saying the fall in oil exacerbated an already challenging fiscal situation.
The UAE ranks low in terms of companies’ maturity and approach towards data protection with just 34 per cent of firms considering data protection as relevant for their success.
Mid-market brand targets connection-oriented business travellers
OPEC’s decision last month to leave its output ceiling unchanged, was followed by a fresh plunge of oil prices.
Qatar’s oil minister said that the main reason for oil’s plunge in recent months was slow growth of the global economy and an increase in sources of supply.
The move will boost the GCC’s tourism industry, helping sectors such as aviation and hospitality.
The new company, Alkhabeer Ventures, will help fund businesses in sectors such as technology, mobile, e-commerce, news media and social media.
Experts say that Dubai real estate would not be able to escape a temporary impact from cheaper oil but noted that the economy is well diversified to sustain the lull in oil prices.
OPEC producers sought to bring balance to the market but a lack of cooperation from other producers led to a continued fall in prices, Naimi said.
Mazroui said the recent decision of OPEC to retain its production was correct, citing irresponsible supply from other producers for the recent fall in oil prices.
The Dhs600 million seafront project registered Dhs432 million in sales during the first phase of launch.
The FIFA President said that both Qatar and Russia will retain their World Cup hosting rights even as the football governing body voted to publish Michael Garcia’s investigative report.
Jim Kouzes, co-author of the ‘The Leadership Challenge’, gives his insight into what makes a good buisness leader.
Ghaith Al Ghaith describes how flydubai became the Middle East’s largest short-haul airline in just five years.
The accident, which took place earlier this month, killed 25 Egyptian fishermen.
Ties between Cairo and Doha deteriorated after Sisi removed the previous president Mohamed Mursi from power in July 2013 following mass protests against his rule.
The dead were behind the killing of a member of the security forces and wounding of another last week, a ministry spokesman said.
The bomb explosion occurred in Bani Jamra, a Shi’ite village northwest of the capital Manama.