Swiss operator’s sixth Dubai property is an “unpretentious” addition to the New Dubai scene.
Abu Dhabi’s property prices have risen throughout the year as rents have stabilised due to continued demand.
UAE firms saw output growth fall to 56.4 points in October from 57.9 in September, which was the strongest level in the survey’s history.
Rotated on a quarterly basis, the suite will be home to works selected by Showcase Gallery.
More than 600 vehicles will be on show with an expected attendance of over 100,000 visitors.
DFM made a net profit of Dhs82.8 million in the three months to September 30, compared with a net loss of Dhs1.7 million in the same period in 2012.
The new portal will provide information on real estate and support stakeholders across the industry.
A new report shows investors from the Emirates favour London, Paris and Geneva for overseas property.
The UAE central bank plans to restrict the amount of exposure banks can have to the debt of government-related entities.
With the number of UAE smartphone users on the rise, opportunities for mobile retail is growing.
The app, developed by Evolvin Networks, is believed to be a first for Abu Dhabi.
Citigroup and Deutsche Bank are joint bookrunners for the offering.
Gross revenues for the third quarter were Dhs623 million, up 21 per cent from Dhs512 million a year ago.
The partnership will pursue and perform large scale infrastructure projects like metro, railway, bridge, port and tunnel projects.
The Red Bull driver dominated from start to finish at the Yas Marina circuit, securing his 11th win of the season.
The luxury car maker will unveil the one-of-a-kind Phantom Coupe at the Dubai Motor Show this week.
Etisalat is running a trade-in option, allowing its customers to exchange their old iPhone 5 or 4S devices for discounted rates on the new range.
Dubai’s exchanges have so far listed $12.5 billion of sukuk and the total is expected to reach $16 billion by year-end.
The Abu Dhabi carrier suspended flights on Thursday after an assessment of the ‘exiting situation’ at Tripoli airport.
The UAE lender plans to set up eight banking hubs in major cities and five franchises in key markets.
A rise in capital outflow and a rise in Indian import taxes will bite the UAE.
Dubai’s housing market is rebounding strongly, with prices up over 20 per cent in the last 12 months.
UAE expats have one of the lowest levels of disposable income in the world despite higher salaries.
Dubai’s property investors have been seeing a net yield of six per cent in just Q3 2013.
Marius Haas, president of Enterprise Solutions at Dell, spoke exclusively to Gulf Business at Gitex Technology Week 2013.
The UAE’s current foreign ownership limit of 49 per cent is satisfactory and there is an expectation that it will be relaxed in coming years.
Osman Sultan voiced frustration at the impasse more than four years after talks between the companies began.
The lender reported profit of Dhs1.3 billion for the first three quarters compared to Dhs970 million in the same period last year.
Munich Airport’s president and CEO flew into the UAE to see how it can attract more passengers.
The government’s latest regulation highlights the importance of responsible financing and purges the overactive mortgage providers.