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Emaar may issue dollar bond today

DUBAI – Emaar Properties, the developer of the world’s tallest building, plans to issue a benchmark dollar bond and pricing is expected to be announced on Thursday (today), according to sources. Last week, the developer announced that the company had hired top three global banks to arrange fixed-income meetings ahead of a possible bond issue.

Business is jumping in Dubai freezones

While working on a documentary with San Jose State’s journalism program earlier this month, I got a firsthand look at how Dubai and the other United Arab Emirates are taking an approach that has been debated by California for luring in businesses. And, for the most part, it seems to be working. What the UAE[…]

World's highest restaurant opens in Dubai

DUBAI, Jan. 23 (Xinhua) — Visitors and gourmets who plan to visit Dubai’s newest restaurant “At.mosphere” need a proper budget to dine there, as well as a head for heights. Located on level 122 at the world’s highest tower Burj Khalifa, the At.mosphere offers a luxury lounge and grill, along with a round to-down view[…]

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