But experts assure that the new law will not wipe out smaller insurance firms from the market.
Dubai’s record-breaking attempt will feature 400,000 fireworks and will extend over 100 kilometres across Palm Jumeirah’s shoreline.
The sportscar comes with a 2020 number plate in recognition of Dubai’s Expo 2020 win.
The lender said that the decision was taken to address the huge demand from large foreign institutional investors.
The Dubai developer gained three per cent to reach Dhs7.57 at the close of trading, its highest since September 2008.
The UK has been aggressively targeting the wealthy Gulf tourists through various marketing campaigns this year.
Coal & Oil will use the amount to complete its 1200mw thermal power plant under construction in Tamilnadu, India.
The ruling aims to encourage owners to renew existing leases rather than bring in new tenants at much higher rates, says expert.
Dubai Marina topped the list of Dubai’s most searched locations to rent property in, according to propertyfinder.ae.
As per the ruling, landlords can raise rents by 20 per cent if contracts are 40 per cent or more below average prices.
As the UAE market outlook improves, DGCX is looking to expand its offerings.
Ever wondered how your aeroplane is guided out of the airport? Or how aircrafts don’t bump into each other in the sky? Here’s a step-by- step guide.
Dubai’s office rental market growth is driven by the emirate’s favourable economic and investor-friendly conditions.
Proceeds from the three-year loan will be used for general business purposes.
Abraaj bought 80 per cent of dairy producer Yorsan Gida Mamulleri AS for an undisclosed price this month.
Non-alcoholic chain embarks on new growth curve following Expo win
The conversion of all the bonds is estimated to lead to the creation of around 420 million shares.
The centre will work towards promoting Dubai as a centre of Islamic finance.
The newspaper defends its decision to publish the editorial, which accuses Pakistan of betraying the UAE by not supporting Dubai during the Expo 2020 vote.
Larger companies will need to implement the law by October 2014, says Dubai Health Authority.
Selected employees will receive salary hikes of between 30 to 100 per cent, the government has said.
The retailer plans to invest over $1 billion annually over the next five years on expanding its business.
Dubai World had paid $375 million in 2008 for its 50 per cent stake in Fontainebleau Miami Beach.
Shares in Drake & Scull, which are up 93 per cent year-to-date, have been buoyed by the merger speculation.
Dubai’s benchmark index declined 1.6 per cent, paring the surge for the year to 93 per cent.
Hilton’s top-end brand will reach out to tourists and corporates
UAE’s strong growth in its retail sector is expected to boost the country’s apparel industry.
Mall of Qatar’s general manager says the complex will set the standard for malls internationally.
Tougher penalties and strict law enforcement are needed to stamp out intellectual property fraud in the UAE.
The DFM General Index climbed 1.3 per cent to 3,199.88, the highest since October 2008.