Prime residential sales prices jumped 25 per cent in 2013, Jones Lang LaSalle said.
A new Infiniti showroom with full dealership facilities is planned for Mohammed bin Zayed road in Sharjah.
The Spanish-style community will include 140 villas.
Dubai Marina has recorded a sharp upturn in investor appetite owing to its proximity to the tram.
The bank reported Dhs879 million for the quarter, beating analysts’ estimates.
The Dubai developer confirms departure of Low Ping as group CEO, says she will remain advisor to chairman Alabbar.
King Abdullah Economic City is a special economic zone up Saudi Arabia’s Red Sea coast from Jeddah.
Most of these schemes have failed in the past and can only be successful when accompanied by wage reforms and skill match up by locals, says new study.
On Saturday, state media said Sheikh Khalifa had undergone surgery after suffering a stroke and was in stable condition.
Employers practicing fake saudisation will face five years imprisonment and a SAR10 million fine.
Subscriptions dropped to 51 million as of September 30, 2013, from 56.1 million two years ago.
The firm has been looking to secure more orders from Gulf countries to offset a projected decline in US military spending.
Sheikh Khalifa bin Zayed al-Nahyan suffered a stroke and had to undergo a surgery.
New resolution details fines for punishable traffic violations once tramway is operational.
The Bahraini wealth fund’s finances were hit by losses at struggling national carrier Gulf Air.
The KIA is estimated to have around $386 billion under management.
Three refineries, close together on the Gulf coast south of Manama, were shut by a power outage on Wednesday.
Lenders agreed to restructure about $6 billion of bank facilities while $4 billion will be repaid after bank creditors are satisfied.
Future expansion of healthcare facilities will also be driven by Saudi’s growing young population and the high incidence of lifestyle-related diseases.
Qatar, a firm backer of Mohamed Mursi, lent or gave Egypt $7.5 billion during the year the Islamist was president.
Nearly one million foreign workers are estimated to have left Saudi Arabia between last March and November.
The lender, 40 per cent owned by Qatar National Bank, is aiming to raise Dhs1.1 billion through the issuance of 787.9 million shares.
The conditions include a licensing regime for issuers of covered warrants and disclosure requirements.
The bank’s profit rose for a fourth consecutive year, owing to its robust business performance.
Saudi has become a major importer of wheat since abandoning plans for self-sufficiency in wheat in 2008.
The IPO listing is expected to take place before June this year, according to the company’s CEO.
The Dubai Exports office in India is expected to boost the visibility of goods and services from Dubai.
Under the Debts Settlement Fund initivate, banks are required to waive 50 per cent of Emirati debtors’ loans.
The firm appointed Abdulla Lahej as her replacement, industry sources said.
The airline’s second jumbo A380 jet will begin services to the Russian capital from August 1, 2014.