Business Blog

Total number of guests at four and five star hotels increased by 22.7 per cent in the first quarter of 2014 to 198,383 guests, compared with 161,685 guests during the same period in 2013.

Japanese electronics maker Sharp reports its first annual profit in three years following a huge restructuring.

The mindboggling amount of money it takes to create a drug

Nissan's annual profits rise 10% to 389 trillion yen ($3.8bn; £2.26bn), boosted by better sales, cost cuts and a weaker yen.

Dubai International is expecting more than 70 million passengers to travel through the airport this year despite the nearly three month cut to capacity that is underway owing to runway repairs.

Nakheel, a Dubai-based developer, said on Sunday that it signed a management agreement with UK-based Premier Inn for its hotel at Ibn Battuta Mall.