The companies were holding talks to merge certain parts of their businesses.
The 432-metre tall Marina 101 Hotel & Residence tower is set to open in Dubai Marina in the fourth quarter of 2014.
The Grand Prix d’Horlogerie de Genève will showcase 70 of the finest watches in DIFC this October.
Emirates’ superjumbos may hold the key to the conundrum posed by Dubai Airports’ 80-day runway programme next summer.
The 33-month construction contract has been awarded to Turkish firm TAV Construction.
Lebanese national Nasr died on impact when a car struck him during his training.
With trade reaching $75 billion, the UAE and India have strong ties built up over generations of trading and commerce.
The Council on Tall Buildings and Urban Habitat measured unusable space at the top of the UAE’s tallest buildings.
The Dubai developer’s branding will feature on the car as it travels through almost 20 countries per season.
The amount covers investments in Etihad Rail and light rail metro projects in Dubai and Abu Dhabi.
Hasan Abdullah Ismaik’s stake in the construction company is worth about $159 million based on Wednesday’s closing share price.
Construction firm Parsons will develop 300 metres of concrete wharf and new floating pontoons that will accommodate more than 280 boats.
A study finds that Gulf students want better trained teachers and up-to-date teaching methods.
Emirates will be looking to funnel Swedes onto its Asian, Indian and African network.
As the Indian rupee continues its free-fall, Gulf Business tracks the best investment options in India for NRIs.
The facility will be arranged by Abu Dhabi Commercial Bank, Emirates NBD and Standard Chartered.
The biggest shopping extravaganza in the Middle East attracted 4.66 million visitors last year.
Airline benefits from equity partner Etihad, international expansion and improved cargo performance
The agreement allows the nations to add 50,000 additional seats per week for the next three years.
The emirate’s real estate market is being driven by fundamentals rather than speculation, said the bank.
The index fell 3.7 per cent to close at 2,397 points, its lowest finish since July 11.
The popular local brand will begin selling its coffee bags through 340 Jumbo supermarkets in the Netherlands.
The centre aims to reduce the response time in the event of a cyber crisis in the Middle East.
Latin beauty firms have found a goldmine export market in Dubai and the Middle East.
The potential sale may impact up to 280 employees, a source said.
Ziad Awad, a veteran investment banker with nearly 20 years of experience, is setting up Boardroom Metrics Arabia.
The mall operator will use the $1.5 billion facility to replace revolving loans totalling $1 billion.
Hilton Capital Grand will aim to attract business and leisure travellers in the upcoming peak season
The index, which fell as much as 5.2 per cent is now down 2.6 per cent.
Based in Tecom, the new hotel is expected to open by 2016 and will have around 672 rooms.