Platinum members will receive exclusive benefits usually reserved for First Class passengers.
Securing strategic oil storage space at Fujairah has become a top priority for oil producers.
Investors seem to have shrugged off Emaar’s 28 per cent drop in fourth-quarter profit.
The government-owned monopoly made a net profit of Dhs4.65 billion ($1.27 billion) in 2012.
The airline boss said the company’s income will rise substantially in the current financial year despite high fuel prices.
The Dubai investment bank has laid off a third of its staff since 2011 and slashed operating costs.
Tim Clark, Emirates’ president, has said Dreamliner problems will not affect progress of the new 777X.
EICMP will become the first Middle Eastern producer to export camel milk-based products to Europe.
Hungarian oil and gas group MOL’s shares were down 4.1 per cent on Friday, a five-week low.
The loan is expected to help Japan win new and renewing energy concessions.
Emirates boss Sheikh Ahmed tops the Gulf Business list of the most powerful Arabs in the United Arab Emirates.
Decline was expected but still beat forecasts thanks to 10.8 per cent fall in impairments.
The UAE’s finance ministry placed Dhs70 billion with banks to shore up their balance sheets after the the financial crisis in 2008.
Payments worth a total of Dhs46.8 billion were marked as invalid in 2012, a drop of 15.3 per cent.
Study finds 56 per cent of workers are worried about their future finance plans after work.
The UAE government’s two-month amnesty programme ended on February 4, 2013.
The emirate has set its sights on becoming a global centre for Islamic business activity.
Marriott and FedEx Express join the computer giant for the second year in a row in the top three.
The Emirates Banks Association has sent its recommendations on proposed mortgage caps to the UAE central bank.
Abu Dhabi National Energy Co (TAQA) attributed the fall in profit to lower gas prices and tax charges.
The property developer made a net profit of Dhs38.6 million last year.
CEO targets new partnerships for Dubai and Abu Dhabi properties
Emirates boss Sheikh Ahmed bin Saeed Al-Maktoum said the deal was worth “above $10 million”.
The Abu Dhabi airline is planning to buy a 24-per cent stake in Jet for up to $330 million, according to sources.
Emirates National Oil Company (ENOC) aims to reduce imports of extra light oil from Iran.
The lender said it recorded healthy growth across its asset and deposit bases last year.
Although the new SME law passed by the UAE will encourage the sector, more needs to be done, says expert.
The logistics firm is eyeing acquisitions and joint ventures in Africa, Central Asia, and Asia.
The low-cost carrier puts its rise in passenger traffic down to its expansion plans.
The Abu Dhabi carrier recorded a 17 per cent rise in revenues while passenger numbers rose 23 per cent.