The new tower, rising 369.1 metres, will be one of Dubai’s top ten tallest buildings.
The Entertainer has been on a major expansion drive following investment by Abraaj Capital.
Dubai’s real estate market has been rebounding from its crash while the hotel and restaurants sector grew 13.7 per cent in the first half of the year.
The energy firm reported a net profit of 146 million dirhams for Q3, compared with a loss of Dhs288 million in the corresponding period of 2012.
The Dubai company reported a net profit of Dhs23.8 million for Q3, compared with a profit of Dhs3.9 million in the corresponding quarter in 2012.
Victor Dahdaleh is accused of making corrupt payments of over $63 million to the former chairman of Alba.
Qatar’s planned spending over the next decade could destabilise the economy by inflating real estate prices and saddling companies with excessive debt.
The biggest businesses in the Kingdom, valued by market capital.
Canada is the latest addition to Dubai’s growing list of supporters for its Expo bid.
The Middle East, along with other rapid growth markets, will provide expansion opportunities for MENA’s oil and gas companies.
Airline prepares to launch its seventh Chinese destination in 10 years.
The three regions led IHG’s growth in the third quarter with strong performances in the UAE and Saudi Arabia.
Dubai carrier is eyeing a wide range of export opportunities.
Oman began to introduce Islamic finance last year, becoming the last of the six Gulf Cooperation Council states to do so.
Etisalat will pay Vivendi 3.9 billion euros for the stake, plus a further 300 million euros in 2012 dividends from Maroc Telecom
The Bahrain company bought high-end offices and retail space in greater Chicago, Los Angeles, Minneapolis and New York.
The rate of output growth for non-oil producing private sector companies, at 58.2, was the second-slowest in the survey’s 51-month history.
Swiss operator’s sixth Dubai property is an “unpretentious” addition to the New Dubai scene.
Abu Dhabi’s property prices have risen throughout the year as rents have stabilised due to continued demand.
UAE firms saw output growth fall to 56.4 points in October from 57.9 in September, which was the strongest level in the survey’s history.
Rotated on a quarterly basis, the suite will be home to works selected by Showcase Gallery.
More than 600 vehicles will be on show with an expected attendance of over 100,000 visitors.
DFM made a net profit of Dhs82.8 million in the three months to September 30, compared with a net loss of Dhs1.7 million in the same period in 2012.
The Saudi government has promised raids on businesses, markets and residential areas to catch expatriates whose visas are invalid.
The biggest businesses in the United Arab Emirates, valued by market capital.
The new portal will provide information on real estate and support stakeholders across the industry.
The study found that organisations are wasting time in delivering reports owing to a geographically diverse workforce.
A new report shows investors from the Emirates favour London, Paris and Geneva for overseas property.
The UAE central bank plans to restrict the amount of exposure banks can have to the debt of government-related entities.
Saudi Arabia is angry over what it sees as a weak foreign policy on the part of the Obama administration.