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.
A study found that despite a robust growth in demand for skilled workers in the UAE, supply will outstrip demand.
Record orders are announced at day one of Dubai Airshow.
The deal brings Emirates’ total order book for A380s to 140 aircraft
The Abu Dhabi airline ordered 25 of Boeing’s 777X airplanes and 30 787-10 Dreamliners, along with one additional 777 freighter for its cargo fleet.
The Dubai-based airline is the largest customer of the A380s with an current order of 90 jets.
Banks who violate the new rule should be fined and suspended, says Abdulaziz al-Ghurair, head of the UAE Banks Federation
As part of an official UAE visit, David Cameron also visited Dubai World Central, the venue of the Dubai Airshow.
The roughly $16 billion order, is expected to include around 50 of the European planemaker’s long-haul A350.
As per the blueprint, the stadium will have shaded spectator stands cooled between 24 and 28C and a natural grass pitch cooled to 26C.
Henrik Stenson fired a five-under 67 in the third round of the $8-million championship on Saturday to retain a one-shot lead
The lender expects to obtain banking licences in China and South Korea and is also considering expanding into Indonesia and London.
The Indian businessman spoke candidly on how the regional unrest has affected the billion dollar Petrochem business.
The defending Dubai champion is seeking his first 2013 win.
HSBC’s fund will be open to firms having an annual turnover of 30 billion dirhams or more.
The carrier is expected to place a commitment for up to 150 Boeing 777X aircraft during the Airshow.
Etihad Airways, one of Virgin Australia’s shareholders, is committed to the offer and will raise its exposure via the capital raising.
Rory McIlroy won last year’s Dubai event and believes he can mount a decent defence.
Clashes in the Manfouha district of southern Riyadh left 17 others injured.
The UAE and Iran both lay claim to the islands of Abu Musa and Greater and Lesser Tunb at the mouth of the Strait of Hormuz.
Emirates is expected to place an order for as many as 150 of the new 777X passenger jets.
‘Ambitious’ senior level executives are fuelling the growth of online courses, writes Dr Alan Southern, director of e-learning at the University of Liverpool.
The Dubai-based construction firm revealed a net profit rise of 137 per cent for its first nine months of the year.
The UK is the first European country to grant a visa waiver to Emiratis.
The World Health Organization said in August the number of confirmed infections worldwide in the past year was 102.
Airbus hopes the display of the Emirates Executive ACJ319 at next week’s show will lead to more sales.
The cash will be used to fund the Umm Wual development at Waad Al-Shimal City
Munich authorities will have weighed up the increased traffic benefits against the impact it will likely have on Lufthansa’s Dubai-Munich loads.
Saudi carrier to roll out new premium product as it seeks a fresh start in 2014.