DUBAI / WAM The Emirate of Dubai continues to show growing levels of buoyancy in different business sectors, boasting growing demand and increasing returns thanks to its highly sophisticated industrial base and rising foreign investment quotas for its property and financial markets. The impressive economic success story, according to recent business reports, is attributed to a number of factors, …

  DUBAI / WAM Nakheel Properties awarded a construction contract worth AED184.5 million for a second hotel at the Ibn Battuta Mall in Dubai. Dubai-based Parkway International Contracting has been appointed to build the 375-room hotel, which has a total project value of AED240 million. It forms part of Nakheel’s AED3 billion hospitality expansion under which the developer is bringing …

  Bloomberg FBI Director James Comey confirmed the bureau is probing potential ties between President Donald Trump’s associates and Russia during the 2016 campaign and said there’s no evidence to support the president’s allegation that his predecessor “wiretapped” Trump Tower last year. “I have no information that supports those tweets and we have looked carefully inside the FBI,” Comey told …