A huge dome structure weighing 7,000 tonnes has been installed as part of the museum project.
Dubai’s benchmark edged down 0.4 per cent as shares in builder Arabtec Holding fell 2.6 per cent and Emaar Properties lost 0.6 per cent.
The airlines will fly two Airbus A330-200 aircraft with the Expo livery starting from October 21 between Rome and Abu Dhabi.
Waha Capital has secured regulatory approval to buy back up to 10 per cent of its outstanding shares.
The UAE Space Agency and the Emirates Institution for Advanced Science and Technology, EIAST, will develop the probe.
Islamic New Year is likely to fall on Friday, October 24 or Saturday, October 25.
Aramex founder Fadi Ghandour said plans are under way to acquire firms in the emerging markets of Africa, Asia and Turkey.
CEO Paul Kenny says the new name, which means ‘our travel’ in Arabic, better reflects the site’s offering and reach.
The new areas will be located in Motiongate Dubai, the Hollywood inspired theme park within the Dubai Parks & Resorts project.
Carrefour City stores will cater to smaller neighbourhoods across Dubai and will offer convenient shopping options, Majid Al Futtaim said.
The bank expects to post double-digit loan growth in the next 12 months, its CEO says.
The strategy will focus on bringing innovation into seven sectors namely renewable energy, transport, education, health, technology, water and space.
As part of a US settlement in August, the bank was given 90 days to end high-risk relationships with SMEs in the UAE.
The company’s chief executive said that the fund is looking to invest in sectors such as power and water, oil and gas, healthcare and education.
Worries about weak earnings report on growth and business had sent Middle East bourses tumbling, with Dubai’s index down 13.6 per cent last week
Christie’s will not be taking an equity stake in the new affiliate but will provide marketing and PR support.
The restaurant is among the first of five food and beverage outlets that Marka is planning to open by next year.
While average rents dropped in Q3 compared to Q2, rental rates recorded double digit increases on a year-on-year basis.
Gary Anderson is stepping down due to ill health and will be temporarily replaced with COO Gaurang Desai.
Portugal’s largest listed lender, Banco Espirito Santo, was rescued by the state in August.
The project will be spread across a total area of 25 million square feet and will be located along Emirates Road.
Jumeirah in the emirate came bottom on a list ranked by the cost of a basket of travel essentials.
Middle East bourses tumbled last week, with Dubai taking the biggest hit and losing 13.6 per cent.
In March, Arabtec said it would build one million homes in Egypt in a $40 billion project backed by the Egyptian and UAE governments.
Atlantis refinanced an $880 million loan to take advantage of favourable market conditions, ICD confirmed.
UAE government’s use of social media is revolutionising governance but experts say that challenges persist.
Gulf Business speaks to Neelesh Bhatnagar, director of Oasis Centre.
Globally, passenger numbers are expected to reach 7.3 billion by 2034, representing a 4.1 per cent average annual growth.
The BIE, which oversees World Expos, was provided an overview about the new Expo 2020 Bureau and the site’s positioning.
Resort blends leisure and business around an ‘understated’ luxury theme