The Gulf Monetary Council has dismissed media reports of four GCC countries launching a common currency.
The construction contracts have been awarded for Azure Residences and Club Vista Mare.
Output and new orders in the country’s non-oil private sector accelerated to a record high.
Global carrier identifies premium demand and raises competition with Safi Airways.
New brands such as Andaz and Hyatt Place are being lined up in next development phase.
Almost 7.5 million barrels of crude oil per day were recorded in November this year.
Flight EK 215 crosses the Russian Federation, the North Pole and Eastern Canada before landing in Los Angeles.
October saw 288,268 guests check into the emirate’s hotels with a 79 per cent occupancy rate, up 10 per cent on a year earlier.
Dubai’s government should create an environment that will foster entrepreneurs in the coming years.
IPIC, which owns stakes in companies such as Spain’s Cepsa and Austria’s OMV, made a net profit of Dhs3.2 billion.
The Dubai developer is now valued at $2.65 billion.
The 42nd National Day of the UAE was marked with fireworks and parades.
A 32-year-old woman in Abu Dhabi infected with the virus has died; her husband and son are also diagnosed with MERS.
Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.
Up to 85 per cent of non-resident Indians in the UAE remit their salaries, revealed a survey by Friends Provident.
Sheikh Mohammed urges nation to accelerate growth and warns against complacency during his address on the UAE’s 42nd National Day.
Jonathan Labin, head of Middle East, Africa & Pakistan, Facebook writes about how small business can leverage the reach of Facebook for returns.
Sheikh Khalifa also commended Dubai’s Expo 2020 win during his address on the occasion of the UAE’s 42nd National Day.
Dubai’s bid proved successful as expected and the Emirate will host the Expo in 2020 but what happens next?
The Dubai developer has asked property agents not to resell off-plan properties until the unit is completed and handed over
As the Middle East’s tech landscape is challenged by the use of social media and smartphones, experts warn that companies need to be prudent about their online safety policies.
More than 277,000 jobs are forecast to be created between 2013 and 2021, with around 40 per cent of them in the travel and tourism sector.
Dubai’s win signifies a re-wired global economic climate, writes Andrew Scott, professor of economics and deputy dean, London Business School.
The index climbed 1.6 per cent to finish at 2,946 points, its highest close since October 2008.
Most experts predict that in the short-term, rental values in the emirate will not skyrocket.
Dubai’s grand expenditure plans for Expo 2020 will add value to the emirate’s economy.
Employers would pay money earmarked for future retirements into a central system that would manage the money under Islamic principles.
The emirate’s bourse rose above the 3,000 point level for the first time since November 2008.
Sheikh Mohammed says Dubai Expo 2020 will stand out as the best edition in the event’s history in terms of “preparation and presentation.”
Hopes for a successful Expo bid have already led to speculation in the property market, where prices are up some 20 per cent over the past 12 months.