The Dubai Airshow 2013 has set the record for the highest value of aviation deals signed at one event.
Deal designed to fuel network growth and foster the country’s ongoing reconstruction.
The Dubai Airshow 2013 has marked a tipping point for the industry, as airline bosses are now in control.
Qatar has pledged to renew its policies and ensure that migrant workers’ rights remain intact.
The exchange has said it hopes to resume trading as usual on Wednesday.
The loans would come on top of investments by Kuwaiti companies in a number of sectors.
Abu Dhabi’s Mubadala aims to be among the world’s top three manufacturers of composite and metal parts for aeroplanes by 2020.
The carrier ordered 10 A320neos at the Dubai Airshow which are due to be delivered between 2018 and 2020.
The UAE’s construction expenditure is estimated to outstrip that of both Saudi Arabia and Qatar by 2030.
The project is being built jointly by Mubadala and Khalifa University.
Middle East accounts for the majority of thought leadership produced globally on emerging markets.
Under the new rules, trading in companies with losses of more than 75 per cent will be suspended for one day.
Airline CEO Akbar Al Baker said the Saudi domestic services carrier will be called Al Maha Airways.
The volume of oil burned for power production in the Kingdom fell to 689,750 bpd from June to September 2013, from 763,250 bpd during the same period in 2012.
The five men and one woman, all residents of New York City, were accused of being members of an unnamed global cybercrime organisation
Central Bank Governor Sultan bin Nasser al-Suweidi said developing its domestic debt market is a matter of national priority for the UAE.
The DFSA sent a first notice to the German bank in July asking for information on wealth management clients.
MAF’s expansion plans come on the back of a potential retail boom in Sharjah.
Akbar Al Baker said the carrier may change some of its A350-900 variants to the larger A350-1000.
French firm Dassault’s Rafale jets and the BAE Systems-backed Eurofighter Typhoon are in a tight race to win the deal for at least 60 new aircraft.
Ghaith Al Ghaith believes there are not enough flights in the region but the demand is there.
Regional carriers placed orders worth $100 billion in 15 minutes on the opening day of the Dubai Airshow
Executives are worried whether the fighter plane will receive enough new orders needed to maintain production past 2016.
Etihad boss James Hogan talks strategy, partnerships and luxury in the skies as he pushes to cap another strong year of performance for the carrier.
The Swede pocketed the $1.33 million first prize and an additional $1 million from the tour’s bonus prize pool.
The move follows the Abu Dhabi carrier’s acquisition of a 33.3 per cent stake in Swiss airline Darwin.
Officials say intense weather will return to the UAE on Thursday, but refutes rumour of ‘worst Gulf storm in 30 years’.
Following completion of the deal, Darwin will be rebranded as Etihad Regional.
DAE’s newly delivered freighters will be placed with Emirates on long-term lease.
Gulf carriers splurge on day one of the Dubai Airshow, amassing orders worth over $192 billion.