ATIC is controlled by Abu Dhabi state investment fund Mubadala and owns GlobalFoundries.
Nakheel was taken over by the government as part of a $16 billion rescue plan completed in 2011.
In a bid to boost their business passenger base, carriers are investing heavily in luxury amenities, while others have even mulled dropping first class all together.
The airline said that it has suspended operations due to increased operating costs and regional instability.
The Ministry of Health has reduced the prices of 14 drugs used for the treatment of diabetes in a move to make medicines affordable.
Themed ‘Shop At Your Best’ the festival this year features 150 events and activities.
Law firm Dewey & LeBoeuf was one of the US’ largest and most profitable law firms.
Construction of the project is expected to be completed within two years after awarding the contract.
The Dubai-based developer has promised customers free luxury cars as part of its Dubai Shopping Festival promotion.
The total confirmed cases of the respiratory disease has reached 176, of which 74 have died, the WHO said.
Visitors will be asked to present valid ID proof when entering the freezone.
The five-kilometre pilot project will link the existing Abu Dhabi- Dubai main road (E11) and the new Abu Dhabi-Dubai main road (E311).
The company has not yet named a replacement for the CEO, but has announced other management changes.
Dubai developer is currently evaluating construction bids for the retail and entertainment complex.
Both firms are franchisee holders for the distribution of Pepsi Co products.
The megaplex at The Dubai Mall marked 25 per cent growth in audience turnout this year compared to 2012.
Apartment prices at Burj Khalifa currently stand at Dhs3, 750 per square feet – a 50 per cent increase from February 2009.
Year-to-date passengers totalled 60.4 million people, an increase of 15.3 per cent.
The Abu Dhabi based healthcare provider said it it hoping to increase its core competency.
Brands in the Middle East are failing to deliver loyalty programmes relevant to consumers’ needs, according to a survey.
The contractor denied media speculation about increasing its stake in Depa.
Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum launched the project.
From drumming to wild partying, Gulf Business brings you an array of events to choose from this NYE.
The contractor will perform MEP works for four towers in Mumbai’s New Cuffe Parade project.
The DFM General Index fell as investors sought to take advantage of a four-day rally to pocket gains.
Around 2.5 million guests stayed in Abu Dhabi’s hotels in the first nine months of this year, up 17 per cent from last year.
The group has said that its hotels division board has been carefully planned with a mix of expertise to cope with growing business demands.
The new service will be launched on March 30, 2014 and is expected to increase capacity by 36 per cent.
Ziad El Chaar, MD of Dubai-based property developer Damac, explains how the company has built itself back up in 2013, following structural damage in the real estate crash.
Start-ups are significant contributors to GDP and the job market but more need to be done to support them.