The biggest scandals to have rocked the world of sport range from cheating to drugs to infidelity to crime.
The size of the new Islamic bond could match the firm’s record-breaking $4 billion debut sukuk issued in 2012, say sources.
The reform allows a shareholder who does not want to or cannot subscribe to a share issue to sell the rights.
Spot gold fell 0.3 per cent to $1,399.16, as a gold import duty hike in India raised worries about future demand.
Prices are being supported by worries that the political situation will worsen in the Middle East.
Increasing pressures on the global energy system have led to heightened fragility and uncertainty.
To what extent should you go with the flow and to what extent should you find your own position?
The fund raised its exposure limit on Chinese equities to $500 million from $200 million in the third quarter.
It’s more important than ever that local companies monitor their exposure to Iran trade and sanctions, writes Ben Constance, partner, Taylor Wessing, Middle East.
Ministers in the region are deliberating a 100 per cent increase in duty on tobacco products.
The boards of both companies have reportedly approved the deal, expected to be announced on Monday.
The trio, covering in-flight catering, ground handling and cargo, now fall under Etihad Airport Services, a wholly owned subsidiary of Etihad
US growth remains weak, the European debt crisis is dragging on and instability is affecting the Middle East’s oil supply.
ADIA said John McCarthy will oversee its existing portfolio and originate new transactions.
A two-month shutdown of Oman’s biggest refinery slashed Omani regular gasoline output by 42 per cent in the first quarter of 2013.
Flights will be diverted from Dubai International Airport to the new Dubai World Central during the 80-day period in May.
The bank recorded strong growth in net profit and net income compared to its first quarter in 2012
Are you and your organisation ready for the future business environment?
The lender made a net profit of Dhs425.3 million ($115.8 million) in Q1, an increase on the Dhs270.8 million from 2012.
Before you jump headfirst into the local equity markets, it’s important to gain knowledge of the companies, industries and economy you’re buying shares in.
The success of Etihad’s bet will depend on the capacity of the two airline heads to stay on friendly terms, writes Reuters’ Una Galani.
UAE-based CAI has signed a long-term land rental agreement to operate in Kizad’s aluminium industrial cluster.
The public relations battle between the government and opposition appeared to end in stalemate this year.
An interview with Sheikh Salman bin Ebrahim Al Khalifa reveals he favours himself to replace disgraced Qatari Mohamed Bin Hammam.
The world’s largest oil exporter shipped around 7.09 million bpd in January.
After unveiling a Lamborghini Aventador patrol car last week, Dubai Police now plan to launch a Ferrari.
Etihad aims to tap into growing UAE trade flows and connect Serbian diaspora in Australia and US.
A 6.3-magnitude earthquake struck close to Iran’s only nuclear power station last week, causing fears of a radiation leak.
The $500,000 vehicle will ‘help to facilitate policing on highways’ as it’s capable of a top speed of 350 km/h.
The 6.3 magnitude quake totally destroyed one village, but the nearby Bushehr nuclear plant was undamaged.