The $1 billion project will be located in the heart of Downtown Dubai and is expected to be completed by the end of 2015.
The chain has opened a new venue in Dubai’s Mercato Mall as it attempts to become the region’s largest operator.
The global language-learning company is to set up shop in Dubai, amid several new school announcements at GESS.
Emirates has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale.
New route provides some competition for Emirates and follows recent codeshare agreement with Etihad
The company is currently in talks to export the product to the US, UK, Japan, Brazil and Russia, among other countries.
Mohammed al-Shaibani, CEO of the Investment Corporation of Dubai said that Dubai had a plan to deal with debts maturing in coming years
The dollar-denominated Islamic bond is expected to be benchmark-sized.
Hoteliers benefited from the month-long Dubai Shopping Festival and high in-flows of tourists, particularly from Europe
The 250-room hotel is the luxury Indian chain’s first UAE property.
With 80 per cent of Starwood’s pipeline coming from rapidly growing markets, President says it’s not possible to lead a truly global business “from a boardroom in Connecticut”
Latest capacity increase means the airline’s services have grown more than five-fold since it first flew to Perth in 2002
Awqaf are believed to control tens of billions of dollars worth of assets around the Muslim world.
Al Habtoor has talks with global operator about potential projects at home and abroad
The new company, called Noor Awqaf, is being set up with a share capital of Dhs10 million.
This is the Serb’s fourth Dubai Championships win in five years.
Queues of investors have formed outside the offices of real estate developers in scenes that recall the emirate’s boom days before 2008.
The utility printed the five-year paper at par at a profit rate of three per cent.
Dubai-based developer says its website received traffic from 75 countries for online registration for The Address Residence Sky View.
Salman Haider, executive managing director of hotels at MAF, said work will start at the beginning of 2014.
The asset sale is part of the Dubai Group’s $6 billion restructuring process, said officials.
The contractor also replaced its chief executive as part of a shakeup driven by investment fund Aabar, its largest shareholder.
Federer dismissed Spain’s Marcel Granollers while Djokovic overcame a late stumble to beat another Spaniard Roberto Bautista.
The emirate is hoping to become a global hub for Islamic finance and other businesses based on Islamic principles.
Managing director Hasan Ismaik will replace Kamal as the new chief executive of the construction company.
American fashion house will open a Hollister store in Mall of the Emirates in Q3 of this year.
The carrier has lost its traffic rights allowing it to fly 21 times a week into the UAE.
Novak Djokovic extends his unbeaten run to 14 matches.
The GIL 2013 event in Dubai highlighted the importance of visionary innovation and megatrends in business.
DEWA CEO Saeed Mohammed al-Tayer indicated last week that the sukuk would be $1 billion.