Government expenditure is up six per cent from 2012, while revenues are forecast to rise 7.8 per cent in 2013.
Arabtec and SS Lootah have been awarded the contracts for the Dubai developer’s Jumeirah Park development.
The expansion dovetails with the opening of Concourse A, the world’s first purpose-built A380 concourse, at Dubai International Airport in January
The Emirates CAE Flight Training Centre services over 200 aviation clients and trains more than 10,000 pilots and technicians a year
As part of the deal, Emirates will become the official airline of the ATP World Tour and the new title sponsor of the ATP Rankings.
The new facility at Terminal 3 of Dubai’s International Airport is scheduled to receive its first flight in January 2013.
Former owner Cunard dismisses reports that the Queen Elizabeth II liner will be scrapped.
Dubai International Airport is set to surpass its projected passenger traffic target of 56.5 million in 2012.
The Majid Al Futtaim group is reportedly in talks to buy the supermarket business of Mansour Group.
The telecoms operator signed a $100 million three-year loan facility with Singapore’s DBS Bank last week.
The Dubai bank will also make an offer to minority shareholders for the remaining 4.8 per cent.
The alliance includes switching Qantas’ hub to Dubai from Singapore for European flights.
Emaar Square will house over 1,000 luxury homes, a 180-bedroom five-star hotel and the largest shopping mall in Turkey.
TripAdvisor’s annual Cities Survey ranks the emirate’s cabs highly.
The group’s chairman will “continue to focus on best practice and growing the company in a sustainable way.”
Emirates NBD’s offer was highest in a second round of bidding that took place in December.
Take a look at the new Concourse A inside Terminal 3 of Dubai International.
A look at the new 500,000sqm Concourse A that has the capacity to handle 15 million passengers a year.
The five-star resort will see its 446 rooms and F&B outlets refurbished.
The new concourse A at Terminal 3 was tested by 1,000 volunteers.
The developer has announced its first major project since 2008 with a 53-storey tower in Downtown Dubai.
The contract is to build the third phase of the Jabal Omar development in Mecca.
The additional widebody planes will help serve the carrier’s ongoing network expansion
Traffic in the regional business aviation sector has risen 12 per cent in the past year.
The investment firm owns 42 per cent of Oman National Investment Corp Holding.
Expert at the Global Entrepreneurship Summit says SMEs should focus on ‘boring businesses’.
Dubai World Central is set to become the new hub for business aviation.
The Al Maktoum International airport was originally due to open for passenger traffic in March last year.
Experts at the Global Entrepreneurship Summit say MENA businesses must look beyond their borders.
Members of the Dubai royal family and a message from Barack Obama open the two-day event.