Qatar dropped to 19th while the UAE maintained its 8th place in the IMD ranking.
New report finds banks and property developers in the UAE are more conservative and better prepared this time round.
Residential space accounted for 70 per cent of the total area of approved projects.
The franchise agreement includes plans to setup 15 restaurants in the UAE over the next four years.
The measure is now up 43.9 per cent this year and has tripled since the start of 2013.
The seventh installment of the popular movie series is due to premiere in December 2015.
UAE carrier’s two-level facility offers free wifi and is the airline’s first lounge in Australia
Etisalat bought Paris-listed Vivendi’s stake in Maroc Telecom last week for $5.7 billion.
The country’s first nuclear energy reactor is on track to begin operations in 2017, say officials.
The smartphone is the premium offering within the affordable Nokia-X range.
European expansion will feed traffic onto Etihad’s daily Zurich-Abu Dhabi flights which start June 1
The carrier placed a surprise order for 50 more of the jumbo jets during the Dubai air show in November.
The lender received approval from the UAE central bank 10 days ago, confirms CEO.
The Indian movie, starring Hrithik Roshan and Katrina Kaif, is scheduled for release on October 2.
The three-day Vogue Fashion Dubai Experience, to be held in Dubai Mall, will include a talent hunt for 20 emerging designers.
You can tell the model to find directions, set an alarm or open YouTube
Dubai’s index fell 5.5 per cent on Monday, its biggest drop in eight months.
The global NGO, headquartered in Dubai, aims to boost international awareness of free zones.
Official news agency WAM said members of the cell had “collected funds and channelled them to a terrorist organisation, the al-Nusra Front”.
The supermarket chain plans to open five outlets across Malaysia in the next two years.
The waterproof smartphone is priced at Dhs2,699 in the UAE.
The new development at Al Raha Beach sold all 223 off-plan town houses and apartments.
The decline trims its 2014 gains to 44.1 per cent as 18 stocks fell by more than five per cent.
The action thriller was shot at several locations in Abu Dhabi, including Emirates Palace, Al Ain city and Jumeirah Etihad Towers.
Etihad Airways will acquire the fixed wing training division from Horizon International Flight Academy
Total value of building construction expected to reach $128.5 billion, with the medical sector getting the biggest market share.
The Dubai and Abu Dhabi benchmarks are up 54 and 17 per cent respectively this year.
The UAE’s market regulator, the Securities and Commodities Authority, has been liberalising securities rules since 2012.
For some stocks, such as DP World, NBAD and Ooredoo, the expected inflows will be more than 10 times bigger than the average daily trading volume, predict experts.
Poor financial reporting and an absence of credit bureaus are hindering SME lending.