The emirate welcomed over 2.3 million hotel guests last year, up 13 per cent from 2011.
New services to Haneda Airport will provide Japanese exporters and passengers more flexibility when connecting to the airline’s global network.
The UAE-based lender plans to launch a conventional bond in the coming few days, say sources.
The handover will save Emarat around Dhs80 million every month.
Dr Nasser Marafih uses the World Economic Forum in Davos to highlight the issue.
Airport beats forecasts by one million and has London’s Heathrow “firmly within its sights”.
The mining firm plans to close a diammonium phosphate fertilizer plant for three weeks.
Trade exchanges between the two countries reached $5.3 billion during the first half of the year.
Property firms Aldar and Sorouh agreed on an all-share merger last week creating a company with $13 billion in assets.
U.S. President: “In a situation like Syria, I have to ask: can we make a difference?”
The proposal would be the first time Kuwait has given out financial aid.
The firm reported a Q4 net profit of 10.3 million rials, down from 11.9 million in 2011.
The bank earned 447 million riyals in Q4. Analysts had forecast profit of 452.4 million riyals.
The Higher Committee will use the World Economic Forum to promote Dubai’s bid.
International investors may be allowed to start businesses in the UAE in partnership with nationals from the wider GCC region.
Emirates National Oil Co (ENOC) was the biggest buyer of Iranian condensate in 2012.
Under the contract, the Kuwait Energy- led consortium will begin exploration in Basra’s block 9.
The micro-blogging site has made its first business move in the region, teaming up with Connect Ads.
The UAE central bank is still holding negotiations with the Emirates Banks Association and no rule has been issued as yet.
The company aims to have 30 stores in the region by end of 2015.
Nakheel made a Dhs2.02 billion ($550 million) profit last year, on revenue up 91 per cent to 7.8 billion.
Bassel Gamal will be responsible for “all the companies and institutions affiliated to QIB inside Qatar and abroad.”
Speaking at the World Economic Forum, Badr al-Saad fears the decline of the yen.
As demand for liquefied natural gas rapidly rises across the world, supply is starting to dwindle, say experts.
The region isn’t short of stunning poolsides but which ones drench the competition? Dominic Ellis rounds up some of the Gulf’s top watering holes.
PwC survey reveals that only 36% of CEOs worldwide are ‘very confident’ of their company’s growth prospects in the next 12 months.
The average spot gold price is expected to stand at $1,775 an ounce in 2013, 6.4 per cent higher than last year’s average, says Reuters survey.
Parliament first backed privatising loss-making Kuwait Airways Corp (KAC) in 2008.
Most car brands posted a double-digit sales growth in the region.
Luxury brands at SIHH are realigning their positions in the Middle East.