Dubai was hit hard by the global economic crisis in 2009 with major projects halted, but the emirate has since bounced back with tourist numbers set to boom.
Despite being a Muslim country, Dubai has one of the hottest nightclub scenes. CNBC looks at how the country operates its nightlife.
Dubai's police supercars can be seen patrolling the streets of the emirate. Here's how law enforcement deals with tourists who break the law.
Issam Kazim, CEO of Dubai Tourism, says the country wants to welcome everyone, but visitors need to be mindful of the laws and cultural traditions.
CNBC catches up with Hani al Hamli, secretary general of the Dubai Economic Council at the Smart Living City Dubai conference to discuss the city's ambition to become a role model for smart cities.
Peter Hirshberg, chairman at Re:Imagine Group, comments on what makes a city smart and says Dubai's strong government is able to implement and try new technologies quickly.
Amr Salem, managing director of global sales for Smart Cities at Cisco, says Dubai has been investing in smart infrastructures for years and comments on the security aspect of smart cities.
Dubai is investing heavily in public transport. Dr. Ryan Chin, managing director at the MIT Media Lab's City Science Initiative, discusses what kind of transport systems will operate in the future's smart cities.
Dubai has one of the highest per capita water consumption in the world. Xavier Joseph, CEO for Gulf countries at Veolia, comments on the city's steps to be more energy efficient.
Anousheh Ansari, co-founder and chairwoman of Prodea System, says that Dubai's government is much more pro-active in its approach to smart cities and in the implementation of new technologies.
CNBC retraces Elie Saab's beginnings from middle-class boy in war-torn Lebanon to "creative genius" and self-made businessman.
Haute couture means "No limit" says Elie Saab, founder and chairman of the fashion label that carries his name. He also discusses his love for Beirut and how the group's ateliers will never leave Lebanon's capital city.
Elie Saab, founder and chairman of the fashion label that carries his name, discusses his plan to bring a fashion degree into the Arab world and his inspirations as a young designer.
CNBC follows Elie Saab, founder and chairman of the fashion label that carries his name, to his Paris studios to take a closer look at the preparation for his catwalk show.
With hours to go before the collection debuts, CNBC goes backstage to talk to models and staff about Elie Saab's look and vision.
The end of a catwalk show is a "magic moment" says Elie Saab, founder and chairman of the fashion label that carries his name, adding that his vision for the brand's future includes an IPO.
Khaled Salmeen al Kawari, CEO and managing director of Kizad, explains how the group is working on the Abu Dhabi's Economic Plan 2030 - created to diversify the Emirate's economy.
Khaled Salmeen al Kawari, CEO and managing director of Kizad, says that the group allows new ventures in Abu Dhabi to "plug and play" by providing the infrastructure and legal framework they need.
Kizad combines an off-shore port and an integrated industrial zone allowing 100 percent foreign-owned businesses to operate. CEO and managing director, Khaled Salmeen al Kawari, discusses the outlook.
Private family matters "ought to stay within the family", Omar Alghanim, CEO of Alghanim Industries tells CNBC about the feud between his father and his uncle over the division of the business.
Omar Alghanim, CEO of Alghanim Industries discusses the company's performance over the last few years and says annual growth has average 9 to 10 percent over the last five years.
Alghanim Industries' consumer facing businesses are the most exciting aspect of the business, says Omar Alghanim, CEO of Alghanim Industries.
Omar Alghanim, CEO of Alghanim Industries, says Kuwait is going through some "teething pains" at the moment but that the country has a "very stable" political system.
Omar Alghanim, CEO of Alghanim Industries, says that growing up in one of Kuwait's wealthiest families brought home a sense of responsibility to bring about change and engage with youth.
Agility is very bullish on opportunities in Iraq explains Tarek Sultan, CEO of Agility, as the country has a "history of under-investment" and a lot of pent-up demand.
Agility CEO, Tarek Sultan tells CNBC that its outlook for Asian emerging markets is very bullish and that it has "ambitious growth objectives" for the coming years in the region.
The opportunity for Agility to tap into the China story "will only increase" says Tarek Sultan, CEO of Agility - in particular due to China's investment in Africa.
Tarek Sultan, CEO of Agility, says Kuwait needs to invest in its education and infrastructure. He also comments on the size of the country's public sector.
Agility CEO, Tarek Sultan, comments on the latest Kuwaiti corporate governance laws and on the investment climate in the country.
Tarek Sultan, CEO of Agility, discusses the group's on-going legal case with the U.S. government and how the company is "refocusing" on emerging markets.
The Kuwait Investment Authority has a big stake in Zain. Scott Gegenheimer, CEO of Zain talks to CNBC about their relationship but also about the recent Kuwait governmental struggles.
Zain is trying to expand its regional footprint by looking at other telco companies but also at areas the group is not in today, such as data centers and fibre, Scott Gegenheimer, CEO of Zain tells CNBC.
There are a lot of potential opportunities for growth in Iraq, says Zain CEO, Scott Gegenheimer, adding that at the moment, the regulatory environment is "slowing things down".
Zain has "invested heavily" in Saudi Arabia to turn its business around. But the environment and competition are tough, Zain CEO, Scott Gegenheimer says, wishing the local regulator was more supportive.
The sale of Zain¿s stakes in firms in sub-Saharan Africa was "the right decision", says Scott Gegenheimer, Zain CEO. Profitability and the ability to grow the business are better in the MENA region, he explained.
The industry is still trying to work out how to make money from Over The Top content applications, Scott Gegenheimer, CEO of Zain, tells CNBC.
For an expat, the Kuwaiti summer is tough, the CEO of Zain, Scott Gegenheimer tells CNBC, adding that when he retires, he is unlikely to stay in the country.
Bahrain's sovereign wealth fund Mumtalakat was set up in 2006. CEO Mahmood Al Kooheji explains the company's investment philosophy and what kind of returns he is looking for.
Mumtalakat owns a large stake in British automaker McLaren. In an exclusive interview with CNBC, the firm's chief executive Mahmood Al Kooheji admits that while not a "trophy" asset, the investment has yet to fully live up to its potential.
Mumtalakat portfolio includes Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world. Mahmood Al Kooheji, chief executive of the Bahrain sovereign wealth fund, unveils what else is in the pipeline. Plus, how the political turmoil has affected the economy since 2011.
Kuwait Projects Co (KIPCO) is one of the biggest diversified holding companies in the MENA region. Faisal Al Ayyar, the firm's Vice Chairman, criticizes Kuwait's low productivity, and says its oil wealth turned into a curse.
In exclusive interview with CNBC, Faisal Al Ayyar, Vice Chairman of KIPCO, reflects on the firm's core subsidiaries, expansion plans and the situation in Iraq.
KIPCO Vice Chairman Faisal Al Ayyar looks back at the day when Iraqi soldiers marched into the capital in 1990, and how it affected the business. Plus, why opportunities for foreign investors in the oil-rich nation remain limited.
Egypt's economy is suffering from record unemployment and one of the highest budget deficits in the region. Hisham Ezz Al-Arab, chairman of Commercial International Bank (CIB), lays out the country's challenges.
Today CIB is Egypt's largest private sector bank with over 5,400 employees. In an exclusive interview with CNBC, the bank's chairman, Hisham Ezz Al-Arab, explains how he is keeping the bank profitable.
Hisham Ezz Al-Arab, CIB chairman responds to the recent hype around Islamic finance, and looks back at the first few weeks of Egypt's uprising in 2011.
The first telegraph line from Cairo to Alexandria was inaugurated in 1854 and with it came the birth of Telecom Egypt. The firm's CEO, Mohamed El-Nawawy, discusses the potential of being the country's fourth mobile phone operator, and what he plans to do with the stake in Vodafone Egypt.
Worldwide, undersea cables carry 99% of intercontinental internet traffic and one of the busiest hubs is in Egypt. CNBC gains exclusive access to the country's strategic "TE North" facilities, and takes a closer look at where the company is moving next.
In an exclusive interview with CNBC, Mohamed El-Nawawy, CEO of Telecom Egypt, relives the moments around the controversial decision to cut Egypt off the Internet on January 28, 2011.
Karim Awad, co-CEO of EFG Hermes, reflects on how Egypt's turmoil has affected the firm since 2011, and why he believes the new political beginning holds plenty of opportunities for investors.
EFG Hermes is looking to secure 60 percent its investment banking revenue from abroad. In an exclusive interview with CNBC, co-CEO Karim Awad details where he plans to take the firm next.
Egypt ranks in the bottom tier of the Corruption Perceptions Index. The co-CEO of Egypt's largest investment bank, Karim Awad, says it is possible to do business without bribing corrupt officials.
Abu Dhabi Islamic Banks is one of the largest Sharia-compliant lenders in the region. The company's CEO, Tirad Mahmoud, joins the conversation on what Islamic finance is about, industry regulation and the culture of risk taking.
In 2013, Abu Dhabi Islamic Bank acquired Barclay's UAE retail operations for a price tag of $177 million. CEO Tirad Mahmoud clarifies the benefits of the deal, and why the bank's business model does not depend on pious consumers.
A popular focus of emerging scholarly literature looks at whether Islamic finance offers any systemic benefits to the global economy. Tirad Mahmoud, the chief executive of Abu Dhabi Islamic Bank, details the defining trends of the business
Air Arabia was founded in 2003 to become to region's first low cost airline. In an exclusive interview with CNBC, the firm's CEO Adel Ali recounts the difficulties of the early days and the rationale behind becoming the flag carrier of Ras Al Khaimah.
The International Air Transport Association forsees the Middle East and the Asia Pacific to see the strongest passenger growth. Adel Ali, CEO of budget airline Air Arabia discusses expansion plan and heavyweight carriers of the region.
In an exclusive conversation with CNBC, Air Arabia CEO Adel Ali, shares his outlook for the aviation industry, and what an ideal work-life balance looks like to him.
Samer Khoury, president of the Consolidated Contractors Company (CCC), discusses the challenges facing businesses in the Middle East due to political instability.
The chief executive of Qatar's largest private commercial bank, R Seetharaman tells CNBC how he plans to reclaim lost market share and go global.
As many governments struggle to provide quality in the classroom, global private education provider GEMS is looking to expand aggressively. The firm's chairman, Sunny Varkey, outlines the long-term goals and explains why making profit from running schools is not a bad thing.