A market for corporate bonds would help companies finance their expansion plans.
Emirates Airlines is on an unstoppable flight path, connecting Dubai to the world and generating mega-profits in the process.
The emirate, which recently announced a new design district, has now signed an agreement to create ‘Dubai Fashion 2020.’
The Saudi prince is inviting Dubai’s biggest real estate developer Emaar Properties to team up with his investment firm Kingdom Holding.
Dassault’s Rafale jets and the BAE Systems-backed Eurofighter have been locked in competition for the deal to replace at least 60 of the UAE’s Mirage fleet.
Shatha Tower has evacuated its premises after a fire started in the basement of the building.
Chief executive Akbar Al Baker told reporters at the Paris Airshow that the airline could place orders by November.
A joint venture between Mubadala and US-based Prudential Financial bought the residential project for an undisclosed sum.
The entire valuation and the structuring of the deal has already been completed, say sources.
The Bahrain-based investment firm is buying a stake in Al Yusr Industrial Contracting Co from two members of its controlling family.
Fabrice Brégier told reporters he was “very pleased” with the company’s relationship with Middle East airlines.
The worldwide death toll released by the World Health Organization on June 15 stood at 34.
Etihad has wasted no time in taking its commercial relationship to the next level, after starting daily flights between Abu Dhabi and Belgrade on Saturday
The 6MW Port Victoria Wind Farm is expected to power 2,100 homes in the island country.
The agreements for nine B777-300ERs include a firm order for two airplanes previously attributed but not made public, plus a commitment for an additional seven aircraft.
Porsche was forced to sell the stake to Qatar Holding in 2009 as a way to prop up its strained finances.
Construction of the Kazakhstan project is expected to be completed by 2017.
privately owned Anglo Arabian Healthcare for an undisclosed amount.
Ties between Saudi Arabia and Iran are tense over many issues, notably the war in Syria.
The petrochemical complex, located at Jubail Industrial City, will be the world’s largest chemical complex ever built in a single phase.
Banks’ total investment in equities and debt instruments must be limited to 25 per cent of their capital and reserves.
The top gyms in Dubai, how much they charge and what they offer.
The move is expected to provide a boost for the economy as the current Thursday-Friday weekend sees the Kingdom share only three working days with overseas companies.
Saudi’s Communications and Information Technology Commission (CITC) banned Viber this month with Skype also on its non-compliant list.
The court made its ruling after throwing out an opposition challenge to changes to the electoral system decreed by the emir.
Mark Beer becomes an OBE and Joseph Tabet an MBE, in recognition of their work to promote UAE-UK ties
Saudi Arabia’s stock market, the region’s largest, dropped 4.3 per cent on Saturday.
The route is operated as a codeshare with Serbian national carrier, JatAirways.
The Qatari telecoms company said that it withdrew because of the valuation and frustration with the process.
So far 28 people have died of the virus in Saudi Arabia, according to the Kingdom’s health ministry.