The massive new factory, spread across 66,000 sqm, will import 50 per cent of its produce to Saudi Arabia, UAE and Qatar.
Abu Dhabi is investing billions of dollars in industry, tourism and infrastructure to diversify its economy away from oil.
ADIA previously accused Citigroup of fraud in the initial arbitration.
Sony’s latest smartphone, available in black, white and purple, is priced at Dhs2,749 in the UAE
The Dubai-based airline has new routes coming up, says Emirates president Tim Clark.
UAE expats are “less prudent” than their counterparts in Singapore and Hong Kong with regards to financial planning.
The initial price thought on the bond is in the area of 150 basis points over the equivalent U.S Treasuries.
Traffic police issued fines totalling SAR5,400 ($1,400) for allowing “an unqualified person to drive.”
The restaurant will be owned and operated by franchise partner Awgal investments and Menfex, the brand developer for Mooyah.
Currently, non-UAE nationals can own up to 15 per cent of the developer
Depa’s scope of work will include architectural woodwork, flooring work, decorative tasks and interior lighting.
The channel will feature series and movies from India’s movie hub.
Abu Dhabi-owned nightlife and restaurant brand diversifying into hospitality with work on Dubai beachfront resort set to start next year.
Europe’s biggest airline by sales has seen some of its market shares gobbled up by ambitious Gulf airlines.
With Dubai’s apartment prices up around 20 per cent on last year, the International Monetary Fund has warned of the danger of another bubble.
A World Bank report found the Middle East and North Africa have made the least progress over the last 50 years in improving women’s economic opportunities.
Dubai’s companies are ‘doing well and can take care of their own debt’ according to Sheikh Ahmed bin Saeed al-Maktoum.
The who’s who of UAE business graced the glittering Gulf Business awards function.
Revealed: The winners of the Lifetime Achievement Award, UAE Company of the Year, Gulf Business CEO of the Year, Innovator of the Year, Entrepreneur of the Year, Businesswoman of the Year and the Special CSR Award.
REVEALED: The winning companies of the year from media, IT, energy, tourism, retail, education, real estate, aviation and banking.
The winning CEOs of the year from media, IT, energy, tourism, retail, education, real estate, aviation and banking.
The top Spanish league looks to strengthen its ties with the region as it seeks more Middle East sponsors.
Uber has said that their services will only complement the local taxis and not compete with them.
Fairfax, which currently owns 10 per cent of BlackBerry, will pay $9 for each outstanding share.
IATA projects that Middle East carriers will post a profit of $2.1 billion in 2014.
Emirates has to raise $22 billion over the next four years to finance its aircraft deliveries
UAE and Saudi economies are set to grow four per cent and 4.5 per cent in 2014 respectively.
Dubai Airports said the strong growth in August was the fastest in three years
The Gulf Business Industry Awards 2013 winners were voted for by a panel of independent, cross-industry judges.
The “October 26 Driving” campaign says it has gathered 8,700 signatures for a petition