M.M. Ramachandran reportedly has outstanding debts of Dhs 550m to various banks in India and the UAE
The company is expected to unveil its latest iPhones on September 9
Abdullatif AlMulla said DPG’s 2015 profit and revenue will be higher than in 2014, but declined to provide further details
A new survey shows that Gulf firms are not big risk takers in terms of innovation
The new Midfield Terminal Building will have the capacity to handle 30 million passengers a year when ready
The UAE tops the world for exposure to tiny air pollutants, according to the latest report compiled by The World Bank
A senior policy expert urged all Middle East governments to invest in their economies, create jobs and foster young talent
The capital’s airport saw about 2.1 million passengers passing through last month, compared to 1.7 million during the same period in 2014
Two prototype palms have been installed – one at a beach near the Burj Al Arab hotel and the other at Zabeel Park
The price of one litre of octane 95 gasoline will cost Dhs 1.96 from September 1
The company said the plans are contingent on demand from customers and there is no dollar value yet on the company’s possible investment in Iran
The mixed-use development will feature its own theme park and is estimated to house 200,000 residents when complete
DP World’s revenue for the six months to June 30 was $1.90bn, up from $1.66bn a year earlier
The current slowdown will be beneficial for the real estate market by weeding out weaker developers, says RSG International chairman
James Hogan says global investment is not a threat but a lifeline for the aviation industry
The country, however, did not make it to the top 10 most popular cities for expats globally due to its high cost of living and long working hours for foreigners
NMC made an adjusted net profit of $46.9m in the first six months of this year up from $40.9m a year earlier
Sheikh Mohamed Bin Zayed met with Russian President Vladimir Putin on Tuesday in Moscow
Bob Semple, a petroleum engineer, was working in the Hadramaut area in Yemen when he was kidnapped in February 2014
Dubai has a low reliance on oil despite hydrocarbons providing three-quarters of the UAE’ consolidated revenue in 2014, according to credit agency Moody’
Sheikh Mohamed Bin Zayed will meet Russian President Vladimir Putin to discuss bilateral relations and regional issues
The company did not disclose the size of the stake that was sold or the value of the deal
The Kazakh airline resumed operations between Dubai and Almaty in September last year
Al Noor made a net profit of $44.9m in the first six months of 2015 versus $45.6m a year earlier
Police can seize a vehicle if the owner has unpaid fines worth Dhs 6,000 or is found to be racing
Rosneft, the world’s top listed oil company by output, is in talks with Mubadala to jointly develop two projects
The Langham Place Downtown Dubai, featuring a five-star hotel and serviced apartments, is expected to be completed in 2018
The Emirates ranked at the bottom of a list of countries that have high levels of mobile security, a new survey showed
Deputy chief executive Promoth Manghat has been promoted to chief executive, the Abu Dhabi-based company said
Real estate shares led the recovery with leading developer Emaar Properties gaining 1.8 per cent and DAMAC Properties rising 3.3 per cent