Hyundai Heavy Industries will build a power plant with 2,640 megawatts of capacity in Shuqaiq.
The Kuwaiti form bought Little Chef from private equity firm RCapital.
Experts advocate the use of solar technology to reduce energy consumption and increase efficiency.
The investment in Marfa Port will be used to develop the port’s infrastructure and maritime leisure facilities.
Last week the government awarded $22.5 billion in contracts to three foreign-led consortia for the metro system.
Card payments, suspended in 2007, will resume with a charge of Dhs2 for all fuel purchases made.
Deyaar, one of the worst hit during Dubai’s property market crash, posted a second quarter net profit of Dhs27.3 million.
Shanghai Tower will reach up to 632 metres high, around 200 metres shorter than Dubai’s Burj Khalifa.
The value of commissions, earned by property intermediaries, companies and individuals helps in assessing the value of growth in the real estate sector.
Doha has promised Egypt five LNG shipments in total to help meet its energy needs.
The July 27 parliamentary election brought in an assembly seen as more amenable to the government.
Abbas Yazdi, a British-Iranian citizen, was reported missing on June 25.
The tiny state provided much of the armed muscle behind the Arab rebellions.
Attracting Emirati talent into the finance sector will be a long haul process.
The Gulf is striving to tap its cheap energy supply to become a global aluminium heavyweight, writes Peter Shaw-Smith.
The world’s smallest and lightest camera packs in a lot of punch.
A protest movement in Bahrain has called for rallies on August 14.
Global passenger demand showed a year-on-year growth of six per cent.
Hilton’s ultra-luxurious brand has opened a 346-room hotel in Ras Al Khaimah.
The Abu Dhabi carrier is awaiting Indian regulatory approval to acquire a $379 million stake in Jet Airways.
Under the deal signed with the Serbian government, Etihad will provide a $40 million loan facility to JAT.
The sale transaction worth $550 million concluded on July 31.
BAE has been locked in pricing negotiations with Saudi Arabia over the Gulf state’s order of 72 jets since 2007.
The Dubai-listed firm posted a net profit of Dhs79.4 million in the second quarter of the year.
With hotels battling the double dampener of Ramadan and summer, firms are boosting their coffers through iftar and suhour offerings.
A British court ordered the Prince to pay a $10-million commission to Daad Sharab, who brokered the sale of the jet.
Private sector employees will either get a break from August 8-9 or August 9-10, depending on the sighting of the moon.
The Qatari airline said that the 787 jet was out of service for what it described as a “minor” technical issue.
Visitor numbers from Saudi Arabia rose by 31.6 per cent during the first half of the year, said DTCM.
The emirate’s recently launched project is receiving strong interest from designers, design academies and boutique hotels, says developer.