Brent crude oil fell more than $2 a barrel on Monday to a new five-year low.
Waldorf Astoria Palm Jumeirah reveals the details of its royal suite, the largest in Dubai.
The facility will now have a new production line for Snickers, and employ 50 additional people.
Dubai Parks and Resorts will list its shares on the Dubai Financial Market on Wednesday.
The aircraft descended from 39,000 to 10,000 feet in five minutes before landing safely in Perth.
Dubai’s stock index edged down 0.5 per cent as most stocks declined in low-volume trading and heavyweight Emaar Properties fell 1.1 per cent.
Around 30 per cent of all BBJs in service are operated by Middle East customers.
Sheikh Maktoum led the financial services firm for the last three years and helped turn it profitable again.
Gulf Business takes a tour of Sony’s submerged Xperia Aquatech store in Dubai, diving four metres underwater to see the ‘waterproof’ phones.
The city should provide innovative public transport options to residents and tourists, say experts.
The government has enough headroom to fund its developmental projects through a healthy debt-equity mix, director-general of Dubai’s department of finance said.
Will the Dubai Tram persuade more residents to switch to public transport and have a wider impact on the economy?
Luxury lifestyle brand ends 10-year search and teams up with Meraas Holding
The firm has chosen Citigroup, Emirates NBD and Societe Generale to arrange the loan, sources said.
The company said that it will use the cash infusion to expand its business to new markets and to develop its technology and operations platform.
The Hartland International School, the first educational venture by Sobha, is slated to open in September 2015.
The firm sold 40 per cent of its shares at Dhs1 per share to individual investors and institutions.
In the first 10 months of this year, traffic climbed 6.1 per cent to 58.41 million.
The airline will continue to sponsor the club’s shirts until the 2019/2020 season.
The entity has been in talks to extend the maturity of the largest single repayment under a $25 billion debt restructuring agreement.
This month sees the Dubai airline start three services in Eastern Europe
Oil fell nearly $2 a barrel in Asian trade on Monday and both U.S. crude and Brent have fallen for five straight months.
Houston will also join the airline’s superjumbo network this week
Dubai now boasts the world’s largest football mosaic and world’s tallest structure in chocolate
Indian low-cost airline spots budget travel opportunities to Bengaluru and Kozikhode
Brent crude prices have fallen about 10 per cent since regional equity markets last traded on Thursday.
Dubai Parks and Resorts, a unit of Meraas Holding, is selling 40 per cent of its shares.
Meetings will take place in London on Dec. 1 and Dubai on Dec. 8.
Real estate firms in Dubai are developing hotels and hotel apartments as they seek to tap into the rising number of tourists.
San Francisco, Milan and Houston are the three destinations that will be served by the jumbo jet in the first week of December.