Flights to Basra, the low-cost airline’s fifth destination in Iraq, are scheduled to start next month.
The Arabtec consortium, that includes Greek and Turkish firms, will build a terminal at the Abu Dhabi airport.
The Swiss company is opening a Dhs500 million manufacturing plant in Dubai World Central.
A firm linked to billionaire Robert Kuok is set to take a stake in Drydock’s Southeast Asia operations, say sources.
UAE mall developer Majid Al Futtaim Holding plans to issue a dollar-denominated bond this year.
Visitors from the UK topped the list, spending almost $500 million in 2011, according to Visa.
Media reports had claimed that Etihad and Qatar Airways were eyeing a minority stake in the Indian budget carrier.
Trade links between the two countries have never been stronger as new figures reveal the growing relationship.
The emirate has seen consumer confidence rise in the first quarter of the year, say official statistics.
Abu Dhabi’s sovereign wealth fund expects emerging market stocks to outperform in the long-term.
Majid Al Futtaim has begun choosing banks to arrange investor meetings ahead of a second bond issue.
The investment company, which plans to launch an IPO, raised Dhs100 million from the sale.
The free zone has repaid the Islamic loan five months early and consequently received a rating upgrade from Fitch.
Contracts have been signed for the construction of projects in Ras Al Khaimah and Khor Fakkan.
The new pipeline is expected to end the UAE’s dependence on the shipping route that Iran has threatened to block.
The UAE and Qatar have not been upgraded to emerging markets status by index compiler MSCI.
The number of Lebanese visitors staying at Dubai’s hotels rose two per cent year-on-year during Q1 2012.
The construction company will use the amount to refinance existing debt and fund expansion.
Dubai’s flagship airline is looking at plans to lease aircraft in a deal with DNA2 and Goldman Sachs.
The luxury hotel chain group has specific discussions going on in Mumbai and Delhi, its chairman has said.
The country has adequate financial resources to bridge its budget gap, a senior minister has said.
The Canadian hotel operator announced that it will open its first resort in Dubai by mid-2014.
The amount will be partly used to construct a fuel pipeline from Jebel Ali to the Dubai Airport.
UAE contractor Drake & Scull International has secured a series of MEP contracts in Oman.
The UAE ranks highest in the region for global retail expansion, says a report by A.T. Kearney.
The Islamic mortgage lender picks ADCB, Emirates NBD and UBS for meetings on asset-backed Sukuk.
The Dubai-based airline announced that it has repaid its Islamic bond on maturity date.
Deflation in the emirate reduced to 1.2 per cent last month, mainly driven by a weak housing market.
DIFC Investments raised money through a syndicated facility to help repay the Islamic bond.
The country has begun an urgent recruitment drive to source thousands of new doctors.
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