The Dubai-based developer has already tied up with high-end brands such as Fendi, Paramount and Versace.
Dubai’s Emaar chairman says trade is part of human DNA but risks can be minimised.
The complex is to be a cornerstone of the huge Mohammed bin Rashid City, announced last year by Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum.
New small-scale property targets travellers seeking privacy and personalised services.
The lender made a net profit of Dhs425.3 million ($115.8 million) in Q1, an increase on the Dhs270.8 million from 2012.
The appointment was announced at the Annual Investment Meeting in Dubai. The FCW project is expected to cost Dhs20 billion.
The Dubai-based developer’s profit was hit by increasing sales and administration expenses.
The upcoming theme park has already signed partnerships with Cartoon Network and Marvel.
The development is Dubai-based Damac’s biggest project by size and scale so far.
World’s second busiest international hub reports strong volumes from Western and Eastern Europe.
Majid Al Futtaim is eyeing the acquisition of Mansour Group’s Metro chain and discount grocery store Kheir Zaman.
The move aims to improve operational efficiency and will not lead to staff redundancies, confirms fuel retailer.
Grant Cameron, Karl Williams and Suneet Jeerh were arrested in July 2012 during a holiday in the UAE.
The recent escalation of leasing and sales prices in the emirate is concerning, says report.
In Dubai, heavy buying of mid-cap stocks pushed the index up 1.6 per cent to its highest close since November 2009.
The oil storage terminal, with a storage capacity of over 141,000 cubic metres, will have a direct pipeline connection with the Dubai airport.
The value of real estate transactions in the emirate rose 63 per cent year-on-year in the first quarter of 2013.
Rick Pudner was speaking at the bank’s Q1 results days after the lender announced he would step down this year.
Michelin-starred chefs Nick Alves and Scott Price have shied away from the rigid confines of three-course dining and experimented with a flexible course system.
DP World handled 6.2 million TEU in the quarter, compared to 6.6 million in the year-earlier period.
The Dubai bank made a net profit of Dhs837 million in the three months to March 31 compared to Dhs641 million last year.
Sheikh Mohammed said that no horse will run from the Newmarket stable until he is sure the yard is clean.
Emirates Falcon Electromechanical Co specializes in the electro-mechanical building services sector.
Eleven Godolphin horses based at Newmarket in southern England tested positive for steroids, including Certify and Opinion Poll.
The investment unit of the Dubai lender plans to raise between $75 million and $100 million for the fund.
The company’s first-quarter profit was likely to be about Dhs190 million, said CEO Khalid bin Kalban.
Dubai-based Michael Helou headed up Barclays Capital in the region, the lender’s investment banking arm.
But Group CEO confirms there will be no new Metropolitan Hotel on the three-hotel site
The low-cost carrier will link Juba with Dubai four times a week.
The business parks now encompass 564 companies with an influx of HR and recruitment names in 2013.