The Gulf state upped its original 2012 expenditure plan by nearly 19 per cent in September 2011.
Air services provider dnata already owned 50 per cent of Servair Airchef in Italy.
The deal, which will see Kuwait Airways pay around 850 million dinars ($2.98 billion) for 25 new planes, could be closed this month.
Boeing said on May 2 that it had begun offering the new 777X mini-jumbo jet.
Centrica and QPI said in April they would buy Suncor Energy Inc’s gas business in Canada for C$1 billion ($986.73 million) in their first acquisition.
Etisalat recently announced that it has unblocked Skype, but VoIP services by external providers are still banned in the UAE.
US shale oil will help meet most of the world’s new oil demand in the next five years, says International Energy Agency.
Emirati citizens advised not to travel to the popular Arab country after a demonstration by pro-Assad Syrians in Sidon.
The Kingdom is currently investing heavily in building tourism facilities for domestic visitors.
Bank Muscat had reported in February that its pre-paid travel cards were hit by fraud, forcing it to take a 15 million rial ($39.0 million) loss provision.
Kurdistan thumbs its nose once more to Federal Iraq in a long-running feud that threatens to boil over
The Ghost EWB is a serene drive although it has the most powerful engine to ever grace a Roll-Royce.
With a steady availability of capital, Qatar’s sovereign wealth fund has been making opportunistic investments around the world, especially in Europe.
Not content with a Ferrari FF or Lamborghini Aventador, Dubai Police now use a rare Aston Martin One-77.
Exhibitors are queuing up to promote themselves at the 20th edition of the ATM next week, as the region’s travel and tourism operators embrace the upturn.
The emirate is likely to have more than 160,000 hotel rooms by the end of the decade.
A burst of inflation could disrupt Qatar’s infrastructure programme being developed for the 2022 FIFA World Cup.
The seventh generation Mercedes-Benz SL-class is a worthy successor to a motoring legend that started in 1954.
Japanese Oil Development Co. owns 12 per cent of the Abu Dhabi Marine Operating Company oil and gas concession which expires in 2018.
Sheikh Salman secured 33 of the 46 presidential votes available from AFC member associations in Malaysia.
The Global Marketplace Abu Dhabi could become a competitor to Dubai, currently the Gulf’s premier financial centre.
Emaar’s Alabbar has suggested Dubai may build a tower taller than the Burj Khalifa.
New small-scale property targets travellers seeking privacy and personalised services.
HH Sheikh Khalifa will meet prime minister David Cameron on Wednesday.
The 30-year venture puts Shell in position to renew its role in the UAE’s largest onshore oil concession when that contract comes up for renewal next year.
The development is Dubai-based Damac’s biggest project by size and scale so far.
The oil storage terminal, with a storage capacity of over 141,000 cubic metres, will have a direct pipeline connection with the Dubai airport.
A statement from Etisalat on Friday could reinforce speculation among some investors that it will also buy the state’s holding.
Some experts say the GCC suffers from a lack of local halal certification bodies, as buyers opt for European rivals.
Sheikh Mohammed said that no horse will run from the Newmarket stable until he is sure the yard is clean.