united arab emirates

Why Frederick's Move Into Abu Dhabi Makes Sense

Frederick's of Hollywood, the racy lingerie store that famously introduced the the first push-up bra and brought the first bikini to the U.S., has opened its first international store in a surprising place: the United Arab Emirates. Here's why the move, weirdly enough, might make sense.

Orders for Boeing's 787 Jet Keep Falling

Boeing has had more canceled orders for its 787 jet than new orders now that aircraft-leasing company Dubai Aerospace Enterprise has stopped 25 orders in the past month.

Saudi Arabia to Halt BlackBerry Services

Saudi Arabia has ordered its mobile operators to stop providing services for Research In Motion's BlackBerry smartphones by Friday. The news comes days after the United Arab Emirates said it would halt BlackBerry data services in October.

Gucci Has Designs on the Luxury Hotel Market

The Gucci name has gone from designer leather goods to designer clothes -- now, it's getting into the hospitality business. Elisabetta Gucci Hotels, led by the daughter of designer Paolo Gucci, plans to open its first boutique hotel in Dubai this year.

Monument or Tombstone for Dubai?

It's tempting to view the Burj Khalifa as a prefab artifact, ready-made for future archaeologists to pick over while muttering about hubris and failure. But despite the many experts ready to write Dubai's financial obituary, the emirate is far from dead.