Located in the upcoming Opera District, the multi-format venue will host operas, concerts, art exhibitions, film and sports events.
Saudi, the UAE and Bahrain recalled their ambassadors from Qatar on March 5, citing policy differences.
Low-cost carrier’s move sees capacity stack up between Dubai and Moscow
Dubai’s largest listed property developer has said it would list 25 per cent of its shopping malls and retail unit.
Bueno replaces Michel Accad who resigned in October last year.
New documents reportedly claim former FIFA executive Jack Warner received $1.2 million from a Qatari company in December 2010.
Two search and rescue aircraft from the UAE’s Armed Forces will join the search for MH370, which vanished on March 8 with 239 people on board.
Situated in an upscale hotel district in Guangzhou, the project is scheduled to open in 2015.
The company said previous preparations for an IPO had been put on hold because of the political climate.
The development features two towers and includes 300 residential units.
Prior to joining Coutts, Dugan was CIO of Dubai’s Emirates NBD.
Emaar’s strong reputation with investors for delivering projects, plus the fact it has collected healthy deposits on the off-plan developments, meant it was very cash-rich.
Refineries across Asia typically shut for maintenance in the second quarter, reducing crude demand.
Under the contract, Al Futtaim Carillion will carry out the first phase delivery of the Dubai Trade Centre District project.
Pakistan’s central bank stated the prospective buyer had not met its standards for suitability.
The acquisition of General Lighting Company will create a new joint venture, Philips Lighting Saudi Arabia.
VOX plans to open five new cinemas in addition to its existing project pipeline.
Saudi Arabia’s food inflation rate in February was the lowest since November 2012.
The cabinet endorsed the establishment of the UAE National Institute for Medical Specialisations to improve training facilities in the country.
The collaboration will help the bourses offer energy products such as liquefied natural gas and electricity.
The project registered Dhs500 million in sales during the opening hours of the launch.
Saudi Arabia’s central bank reserves, the vast majority of which are believed to be in U.S. dollars, grew to a record $718 billion in January.
The debt is being rolled over for five years at a one per cent annual interest rate, WAM said in an official statement.
Receptionists, accountants and human resource professionals are the most sought after groups among the employers in the UAE.
Virgin Mobile Middle East and Africa was one of the winning bidders for three mobile virtual network operator (MVNO) licences in the kingdom.
Saudi Arabia, which pegs its riyal currency to the U.S. dollar, has kept its repo rate at 2.0 per cent since January 2009.
The project includes over 100 luxury villas, conceptualised by Donald Trump and his daughter Ivanka Trump.
Emaar is in the final stages of discussions with banks on the best way to conduct the listing, according to its chairman Mohammed Alabbar.
Saudi Arabia’s central bank governor said that he expected the private sector to drive growth in the Kingdom.
The sale required investors to place minimum orders of two million shares each.