Small and medium businesses in the UAE rated direct risks such as competition and weak consumer demand as more serious than damages from fire and supply chain disruptions, a new survey has found.
Dubai now boasts the world’s largest football mosaic and world’s tallest structure in chocolate
Indian low-cost airline spots budget travel opportunities to Bengaluru and Kozikhode
The regulator denied reports that the country was studying the feasibility of continuing the peg between the dirham and the US dollar.
Brent crude prices have fallen about 10 per cent since regional equity markets last traded on Thursday.
Dubai Parks and Resorts, a unit of Meraas Holding, is selling 40 per cent of its shares.
The UAE, Saudi Arabia and Bahrain agreed at an emergency meeting on Nov. 16 to return their ambassadors to Qatar.
Since 1997, the UAE dirham has been fixed at a rate of 3.6725 to $1.
Meetings will take place in London on Dec. 1 and Dubai on Dec. 8.
Real estate firms in Dubai are developing hotels and hotel apartments as they seek to tap into the rising number of tourists.
San Francisco, Milan and Houston are the three destinations that will be served by the jumbo jet in the first week of December.
The dirham is pegged to the dollar at 3.6725 and is trading in the spot market at 3.6730.
Spread across 198 sqm, the Lego certified store is located in the newly opened Yas Mall.
The Egyptian authorities have been negotiating with a number of international energy firms to improve the price which they are paid for gas.
The first Dairy Queen Treat Stores and Grill & Chill restaurants are expected by Q2 2015.
The plant, which is BRF’s largest outside South America, will have production capacity of approximately 70,000 tonnes of food products a year.
Apartments in Sharjah continued to see strong demand, with rents rising by 35 per cent in the 12 months to the end of Q3, a new report says.
A stock market announcement on Nov. 11 said Aabar had become Arabtec’s largest shareholder after hiking its stake to 34.93 per cent through the purchase of shares from Ismaik.
The tender for construction works at the Expo Dubai 2020 site in Jebel Ali is expected to be awarded next year.
The competition will have two extra awards this year, namely the Grand Prix for Good and the University of the Year.
OPEC leader Saudi Arabia signalled on Wednesday it was unlikely to push for a major change in oil output.
The developer did not specify the number of new units set to be launched or the estimated completion date.
RAK Bank, Mashreq and Emirates NBD will offer digital wallets using the MasterPass system in the UAE.
The $2.9 billion theme park complex is located in Jebel Ali and is slated to open in late 2016.
The restaurant will span across 14,000 square foot and will have a network of 30 individual roller coaster tracks that loop, spiral and spin around diners to deliver the menu and food to tables.
The Islamic mortgage lender has been negotiating with creditors to finalise the deal, which was approved by shareholders in September.
The 25-year-old Emirati man had disseminated misleading information at home and overseas about a court case involving the secret organisation, WAM said.
Abu Dhabi-based firms The National Investor and Manazel Real Estate became the first companies to begin trading on the platform.
The fast food chain plans to open about 14 branches within Egypt following the launch of its first store.
The bank has arranged syndications for Turkish borrowers worth more than $4.5 billion since 2010, including more than $2.1 billion in the past 18 months.