Foreign investments in Dubai’s real estate market increased 73 per cent from H1 2012 to reach Dhs32 billion.
Bad publicity around the aircraft is just media-created hype and all the glitches will iron out gradually, says analyst.
The emirate is setting up a special legal committee to settle disputes related to projects officially cancelled by RERA.
Tickets for a roundtrip between the emirates are priced at Dhs150.
Healthcare job opportunities in the UAE were up by eight per cent from last year but chemicals industry jobs plunged 14 per cent.
Six rail lines carrying electric, driverless trains and extending 176 kilometres in Riyadh are to be completed by 2019.
Investcorp made a net profit of $104.9 million in the 2013 fiscal year ended in June.
Sarmad Lone has joined the British lender as its regional head for global corporates for the MENAP region.
The firm’s attributable net income from the deal will equal around 29 per cent of the $4.9 billion estimated for civil works.
Sheikh Jaber al-Mubarak al-Sabah has been asked to form his new cabinet.
India’s foreign investment regulator gave conditional approval to the $379 million deal.
The Dubai developer made a net profit of Dhs1.23 billion, up marginally from Dhs1.22 billion in H1 2012.
Passenger traffic was aided by Emirates airline’s tie-up with Australia’s Qantas.
Dunia posts Dhs55.6 million profits; Dhs166.4 million revenues
Dubai, Abu Dhabi and Bahrain are under consideration to hold the tests.
Qatar Airways grounded one of its Dreamliners earlier this week after a technical glitch.
The airline, undergoing a restructuring process, said that year-on-year losses reduced by over 50 per cent in the first half of 2013.
Apartments in areas like Al Nahda and Al Majaz recorded a rental hike, while villa price hikes varied depending on location.
The merger of France’s Publicis and US-based Omnicom is expected to create a saving of $500 million.
In an open letter to Oil Minister Ali al-Naimi, Prince Alwaleed said oil demand from OPEC states was declining.
The project is the world’s largest public transport system currently under development, said Saudi officials.
Bahrain’s lawmakers agreed to proposals including stripping those who commit or call for ‘terrorism crimes’ of their nationality.
A growing population and increased consumer spending are expected to drive the Kingdom’s food and agricultural sectors.
The Optimus G Pro, priced at Dhs1,999, comes with a 5.5-inch Full HD display and a 13MP rear camera.
Officials attribute the low visitor numbers to lack of adequate tourism promotion.
IBM tops the global list of the world’s biggest ICT companies as ranked by Booz & Co
Survey finds that male salary levels fell by SAR 371, while female salaries dropped by SAR 211.
The mainly Islamist opposition boycotted the poll in protest against a new voting system announced last year.
The Korean company’s operating profit for its handset division stood at $5.2 billion in the second quarter of the year.
The two airlines agreed to share route-booking codes in April but stopped short of an equity tie-up.