The word ‘resort’ is used all too frequently in today’s hospitality scene, but Le Royal Méridien is the perfect example of what the term should stand for; a place you should never have to leave.
Mona Tavassoli, founder of MomSouq, tells Alicia Buller why babies are good for business.
Impressive figures from BMW, Audi, Volkswagen and Rolls-Royce indicate the region’s economy is purring along nicely.
Godolphin trainer Mahmood al-Zarooni was banned for eight years by the British Horseracing Authority after 11 horses tested positive for anabolic steroids in April.
Arabtec had said in March that the fundraising was part of a five-year expansion plan.
The new structure for Dubai’s government is to be implemented in two years’ time and will be “the Government of the future”.
Additional three services a week from June 30 will be operated by B777-300ER aircraft.
Thousands of workers stayed away from work from Saturday to demand higher wages.
The emirate welcomed 25 new retailers last year, says new study by CBRE.
The International Monetary Fund’s regional report warns unemployment figures and diversifying economies are still an issue.
Thousands of workers have been on strike since Saturday demanding higher pay.
Opulent devices provide guests with quicker access to services and part of wider technology push
Two Arabtec employees said several thousand workers engaged on various projects did not report for duty on Sunday and stayed in their accommodation.
The park, spread across 34,000 square meters, is slated for completion in the first quarter of 2015.
The hotel is raising the syndicated loan to refinance existing debt and provide new funds.
The Bank of London and The Middle East plans to open an office in Dubai this year to help boost its capital markets.
Air services provider dnata already owned 50 per cent of Servair Airchef in Italy.
DAMAC filed an international arbitration case against Egypt in 2011 over the conviction of its chairman and owner, Hussain Sajwani.
Brisbane passengers will soon be able to travel on the popular double-decker and Auckland will be served by three daily Emirates A380s from early October
Dubai hopes to tap into the trillion-dollar Islamic finance industry and has ambitious aspirations to become the global hub. Can it succeed?
On an annual basis, inflation edged up to a two-year high of 0.9 per cent, up from 0.6 per cent year-on-year in March.
The Dubai-listed firm made a first quarter net profit of Dhs21.9 million ($5.96 million), lower than Dhs22.4 million it posted in the period last year.
Non-oil trade grew to Dhs325.5 billion ($88.6 billion) in the first quarter from 280 billion in the same period last year.
The Dubai-based contractor is currently bidding for projects worth about Dhs15 billion.
The early guidance has the five-year bond pricing in the area of 275 basis points over midswaps.
Citymax COO says it would like to build up to five more Dubai hotels – if it wasn’t for the cost of land
The investment bank said the quarterly net loss narrowed to Dhs5.9 million dirhams ($1.6 million) from Dhs8.5 million a year ago.
Earlier this month the Abu Dhabi government said it would set up a full-service financial zone on an island near the city’s downtown.
The project will be within the developer’s Jumeirah Village Circle community. Work is expected to start immediately with an estimated completion date at the end of 2014.
Dubai airline posts net profit of $622 million; Emirates Group profits up 34% to $845 million.