Zurich is the Dubai carrier’s 25th A380 destination.
Iraq holds significant potential for Dubai businesses, says Hamad Buamim, president and CEO of Dubai Chamber of Commerce and Industry.
The bank will continue to offer shari’a compliant products, but hopes to widen its appeal to customers.
The confirmed $8.8 billion order, placed at the Dubai Airshow, provides the foundations for the low-cost carrier’s next growth phase.
Shareholders agreed to a motion at a board meeting on January 5 that the business would not be dissolved.
Shares of Emaar climbed 103.7 per cent last year, helped by returning confidence in Dubai’s real estate sector.
The Spanish-themed villas will form part of the Arabian Ranches extension plan.
The Dubai carrier currently has 97 of Airbus’ superjumbos on its order book.
Discussions are ongoing in the Kingdom, says Jumeirah’s president and group CEO, Gerald Lawless.
Clark was recognised for his “services to British prosperity and to the aviation industry”.
Perfumes, liquor and gold were the best selling products in 2013.
Sheikh Mohammed Bin Rashid Al Maktoum has over 2.4 million followers on Twitter.
Nakheel was taken over by the government as part of a $16 billion rescue plan completed in 2011.
Themed ‘Shop At Your Best’ the festival this year features 150 events and activities.
Construction of the project is expected to be completed within two years after awarding the contract.
The Dubai-based developer has promised customers free luxury cars as part of its Dubai Shopping Festival promotion.
Visitors will be asked to present valid ID proof when entering the freezone.
The company has not yet named a replacement for the CEO, but has announced other management changes.
Dubai developer is currently evaluating construction bids for the retail and entertainment complex.
Apartment prices at Burj Khalifa currently stand at Dhs3, 750 per square feet – a 50 per cent increase from February 2009.
Year-to-date passengers totalled 60.4 million people, an increase of 15.3 per cent.
The contractor denied media speculation about increasing its stake in Depa.
The contractor will perform MEP works for four towers in Mumbai’s New Cuffe Parade project.
The DFM General Index fell as investors sought to take advantage of a four-day rally to pocket gains.
The group has said that its hotels division board has been carefully planned with a mix of expertise to cope with growing business demands.
The new service will be launched on March 30, 2014 and is expected to increase capacity by 36 per cent.
Ziad El Chaar, MD of Dubai-based property developer Damac, explains how the company has built itself back up in 2013, following structural damage in the real estate crash.
Start-ups are significant contributors to GDP and the job market but more need to be done to support them.
Offices with multiple ownership structures have higher than average vacancy rates.
The developer reported the land sales in its Al Furjan and Jumeirah Village Triangle projects.