Articles
'In the past few years, Mercedes-Benz’s passenger car line has almost doubled, compelling us to look at a new strategy,' said Frank Bernthaler, the automotive chief executive of Al Fahim Group.
After more than a decade of being a financial adviser to the wealthy, Daniel Dickinson has set up Arlo Associates in the UAE. He wants to model the firm after St James’s Place, a FTSE 100 company with £55.8 billion under management.
Luxury freehold villas under construction in District One - just a couple of kilometres from the heart of Dubai - will sit on the shores of the world's largest manmade lagoon.
'There are now four times as many brands than before but the demand has not risen by the same rate so we are bound to see some constriction in the sector or differentiation in the outlets.'
'Conventional banks do not see the return on investment from green initiatives, but that is short-term thinking.'
Marka took full ownership of the home-grown brand serving Middle Eastern cuisine for Dh315 million earlier this month.
Kiran Joy Varughese and his wife try to save one salary every month and spend the other.
This mega mansion on Palm Jumeirah has been extended to 8,000 sq ft and custom designed with luxury appliances, a glass lift and a 20 metre infinity pool.
The Swiss watch manufacturer, Carl F Bucherer, has launched an exclusive tourbillon watch for Dh427,150. But time is ticking as only 188 watches are being produced.
Investments worth Dh240 billion have been announced in key areas such as oil and gas, power generation, infrastructure and tourism, which need a host of supporting services and complementary industries to facilitate the development efforts.
'This F&B category also has the highest failure rate both locally and globally. It is a sector where location is key and can prove the decisive factor between success or failure,' said Nicholas Maclean, managing director of CBRE Middle East.
The top three US carriers are lobbying to prevent Gulf competitors from adding extra US routes, pending a review of open skies agreements.
Dubai World Central’s logistics district is expecting to grow over the coming year as Nestlé, Ikea, Landmark Group and Zainal Mohebi Holdings move their regional headquarters to the business park.
The food and beverages franchise sector in the Mena region is expected to grow at 7.4 per cent annually over the next four years, according to Euromonitor International.
Will open its seventh restaurant this summer in Abu Dhabi’s World Trade Centre Mall.
