The group is looking to open a hotel in London in order to attract GCC tourists travelling to the UK.
Qatar is expected to create the most number of jobs in the Gulf this year as it readies for the World Cup in 2022.
At least nine new Hyatt-branded hotels are expected to open across the GCC by 2017A
The airline’s president Tim Clark states that its success is making Emirates a “scapegoat.”
New official report says a total of 13.2 million tourists visited Dubai last year.
ADIB made a net profit of Dhs450.8 million ($122.8 million) in the first quarter of 2015.
The state news agency said that the authorities resolved the situation using “appropriate standard procedures” after landing at the base.
The project will house more than 2,000 hotel apartments and residences.
The developer will partner with Spanish hotel operator RIU Hotels and Resorts to build an all-inclusive four-star resort in Dubai.
The firm is looking for what bankers termed “incremental finance”, sources said.
The developer made a net profit of Dhs1.03 billion ($280.4 million) in the first quarter of 2015.
Lower oil prices had only a minor impact on UAE credit conditions, with no effect on demand for business loans or credit standards, a new survey shows.
Villas range from three to six bedroom units with prices starting at Dhs1.7 million.
Currently, a fixing is scheduled for every day other than Friday.
The mixed use project, in Dubai, is scheduled to be completed by 2016.
The contract has been awarded to build the bridges linking the project to the mainland.
Aldar Properties CEO Mohamed Al Mubarak says the company is looking to launch 5,300 units over the next four to five years.
The loan consisted of three portions lasting between five and seven years.
The developer is offering 1.3 million sq ft of new shop and showroom space in its mixed use development.
The majority of UAE residents want to leave behind an inheritance but only a fraction are confident of doing so, a new survey says.
Grant Gillon has been appointed the acting chief financial officer of TAQA.
Two of the airline’s three daily flights to London will now be operated by the jumbo jet.
The emirate’s tourism promotion agency said that it has outlined a clear plan to attract tourists and improve their experience.
The deal for the leasing of three Bombardier Q400 NextGen planes is worth $94 million at list prices.
A JV formed by New World and ADIA will buy stakes in three Hong Kong hotels.
Huawei’s 2015 Global Connectivity Index ranked the Emirates for its strong support for mobile adoption and widespread access to information and communication systems.
The lender reported a marginal increase in first-quarter net profit.
The company attributed the growth in profits to a strong performance by its development business.
The conglomerate said its net profit was Dhs282 million in the first quarter of 2015.
The unit made a net profit of Dhs433 million in the first quarter of 2015.