Emirates NBD had previously said Pudner will see out his role until the end of the year when the change of position is expected to happen.
The towering Dubai landmark has become the first skyscraper globally to be mapped out by Google Streetview.
Many of Dubai Holding’s units have had to hold talks with banks to extend liabilities and restructure debt.
But work on its long-awaited Palm Jumeirah hotel in Dubai remains ongoing and it is unlikely to open until late 2015.
The closing date for subscriptions has been extended to July 4 from June 23.
Sheikh Meshal Jarah al-Sabah says the bank recruited him to scupper Vivendi’s bid to acquire Zain’s operations in Africa.
Paul Griffiths explains why Dubai International will soon be the world’s largest airport and why high oil prices are not a bad thing.
Gulf Business brings you the mammoth developments that are set to change Dubai’s landscape.
The UAE has revived a proposal to merge its two main bourses in a state-backed deal that could boost trading.
Premium cabin will serve passengers seeking more on-board frills and entertainment
The loan maturity has been extended to the second quarter of 2018 from the second quarter of 2017.
Emirates Airlines is on an unstoppable flight path, connecting Dubai to the world and generating mega-profits in the process.
The emirate, which recently announced a new design district, has now signed an agreement to create ‘Dubai Fashion 2020.’
Shatha Tower has evacuated its premises after a fire started in the basement of the building.
Fabrice Brégier told reporters he was “very pleased” with the company’s relationship with Middle East airlines.
The top gyms in Dubai, how much they charge and what they offer.
Mark Beer becomes an OBE and Joseph Tabet an MBE, in recognition of their work to promote UAE-UK ties
Richard Bergfors, CEO of the Swedish chain Max Burger, which recently launched in Dubai, tells Aarti Nagraj why he is confident of success.
The possibility of another boom-and-bust cycle in Dubai is a risk for the UAE economy in the medium term, the IMF warned
The UAE is ready to host an unforgettable World Expo 2020, says Sheikh Mohammed bin Rashid Al Maktoum.
Demand for high-profile aircraft has been on the rise and deemed a “natural fit” for the city’s luxury Hollywood lifestyle.
The company will use the amount to fund operations and refinance existing debt.
Fraudulent lift companies are risking lives in the UAE and costing the industry millions of dirhams, say industry insiders.
The 330 square metre facility will highlight operations and achievements of commercial air travel.
The company, which operates brands such as Sharaf DG and Forever 21, is rapidly expanding across the region.
This is the first major sale of a foreign asset by Dubai World as it restructures its debt.
The new deal, which was arranged by a group of eight local and international banks, refinances an existing $2 billion facility.
Dubai Group and its lenders have been locked in a complex debt restructuring.
Regional banks have been well capitalised since the 2009 crisis and now driving the economic recovery.
The Dhs1 billion tower, located in Dubai Marina, is developed by Saudi’s Cayan Group.