The chain is in the midst of an aggressive Middle East expansion with new hotels in Jordan, Kuwait, Oman, Saudi Arabia and another property coming up in Bahrain
Saudi Arabia’s King Abdullah ranks among the top 10 most powerful people, according to Forbes’ latest list.
The low-cost carrier will fly three times a week between Sharjah and Basra.
Five people were killed and 350 injured in clashes outside Egyptian President Mohamed Mursi’s palace.
Bank of America Merrill Lynch is looking to improve its regional banking operations.
The carrier has started four-times weekly services between Doha and Warsaw.
The US Department of Justice is investigating if the alleged Barclays’ bribes were replicated at other banks.
People using taxis in Dubai will have to start paying the Dhs4 toll from January.
The government hopes the new rules will reassure foreign investors and help bring in more cash from overseas.
The law provides for an umbrella body to regulate banks, financial services and insurance companies.
The Abu Dhabi carrier already owns a 29.12 per cent stake in the German airline.
“Motivated” topped the list of words used by LinkedIn members in the UAE in 2012.
Czech Airlines, a member of the Sky Team alliance, lost $12.10 million last year.
Samsung says the jury foreman’s past dispute with one of its companies may have influenced the August verdict.
A police report says a cigarette was to blame for causing the fire in Jumeriah Lakes Towers.
Under the agreement, NMC Trading will introduce Radikal’s Basmati rice to the UAE market.
The country fell six places to the 118th spot on the latest index released by Transparency International.
The surge in new orders reduced in November, according to the HSBC UAE Purchasing Managers’ Index.
Around 120 textile and garment suppliers from China are in Dubai to woo regional distributors.
A report by Jones Lang LaSalle shows increased optimism is returning to the market.
The annual GDP rise of 3.1 per cent was mainly due to non-oil economic activities.
OPEC is expected to stick with an output target of 30 million bpd when it meets on December 12.
Development in Dubai World Central is progressing rapidly with business jet operations set to launch in 2013.
Apple has announced the official launch date for the iPhone 5 in the UAE, Qatar, Saudi Arabia, Kuwait and Bahrain.
The new policy means companies will be fined if less than 50 per cent of their workforce is made up of Saudi nationals.
Dubai is competing against four other cities to host the major world event.
Boeing predicts that the region’s new airplane requirement over the next 20 years will cost around $470 billion.
Abu Dhabi National Energy Co (TAQA) has $1.75 billion in bond maturities next year.
Qatar Holding now owns 88 per cent of the bourse, with NYSE Euronext holding the remaining 12 per cent.
Sahara India Pariwar completed its purchase of a 75 per cent stake in the Plaza for $575 million.