The amount will be partly used to construct a fuel pipeline from Jebel Ali to the Dubai Airport.
UAE contractor Drake & Scull International has secured a series of MEP contracts in Oman.
The UAE ranks highest in the region for global retail expansion, says a report by A.T. Kearney.
The Islamic mortgage lender picks ADCB, Emirates NBD and UBS for meetings on asset-backed Sukuk.
The Dubai-based airline announced that it has repaid its Islamic bond on maturity date.
Deflation in the emirate reduced to 1.2 per cent last month, mainly driven by a weak housing market.
DIFC Investments raised money through a syndicated facility to help repay the Islamic bond.
The country has begun an urgent recruitment drive to source thousands of new doctors.
Luxury retailers in the emirate are hiring Cantonese and Mandarin speaking staff to cater to Chinese visitors.
Dubai’s flagship airline will not refinance the sukuk and is expecting to repay the amount in full.
Officials have confirmed that expatriate residents need to provide tenancy contracts and utility bills to renew visas.
Camelicious’ umbrella company has revealed huge growth in sales since its inception.
The seven-year Islamic bond was launched at a profit rate of seven per cent, arranging banks said.
Flagship airline group seeks to recruit more nationals and promote Emiratis into management roles.
The market regulator has implemented new rules on stock ownership in a bid for greater transparency.
The central bank has said it may allow banks to ignore lending limits when dealing with state-linked entities.
The UAE city has ranked as the safest place in the Middle East to do business, and 29th in the world.
The mobile operator plans to launch a 4G broadband service, four times faster than it’s current speed.
Dubai Properties Group’s new board will set up its long-term business strategy and oversee implementation.
The UAE’s revenues rose 41 per cent to Dhs440.1 billion in 2011, mainly due to high oil prices, said IMF.
The International Monetary Fund has warned of the repercussions the Euro crisis could have on the Gulf.
The Dubai-based operator has agreed a partnership with Richard Branson’s Virgin Group, extending into South Africa.
The UAE energy firm has announced a new chairman as it looks to repay a $920 million sukuk.
The Indian budget carrier will have direct daily services connecting Delhi and Mumbai to Dubai.
The African country has invited the UAE to invest in industries relating to oil and gas exploration.
Abu Dhabi’s flag carrier has finally laid eyes on the Boeing 787 after ordering 41 of the aircraft for its future.
Trading volumes at the Dubai Gold and Commodities Exchange amounted to $32.67 billion in May this year.
The carrier has announced new services into Eastern Europe as its reach across the region expands.
Exclusive: Eros, Samsung’s UAE distributor, says that the brand will soon lead the country’s mobile market.
Exclusive full interview: Abdul Aziz Al Ghurair reveals why he’s going back to basics.