The global language-learning company is to set up shop in Dubai, amid several new school announcements at GESS.
Emirates has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale.
New route provides some competition for Emirates and follows recent codeshare agreement with Etihad
Khalid al-Falih said Saudi Arabia had maintained its maximum potential oil production at 12.5 million barrels per day.
Hisham Akbar, who was also Zain’s chief operating officer, quit as of March 3.
Prince Alwaleed has asked to be removed from the list and Kingdom Holding Company officials will no longer work with Forbes.
The company is currently in talks to export the product to the US, UK, Japan, Brazil and Russia, among other countries.
Mohammed al-Shaibani, CEO of the Investment Corporation of Dubai said that Dubai had a plan to deal with debts maturing in coming years
The world’s second fastest man will compete at the meeting on May 10 in Qatar – the first of 14 Diamond League fixtures.
The dollar-denominated Islamic bond is expected to be benchmark-sized.
Hoteliers benefited from the month-long Dubai Shopping Festival and high in-flows of tourists, particularly from Europe
The 250-room hotel is the luxury Indian chain’s first UAE property.
The seven men were sentenced to death in 2009 for an armed robbery in 2006, says Amnesty International.
Kuwait’s Petrochemical Industries Co (PIC) pulled out of a $17.4 billion joint venture deal in late 2008.
Retail plays an important role in the UAE’s economic growth, accounting for 12 per cent of Dubai’s GDP over the last ten years.
With 80 per cent of Starwood’s pipeline coming from rapidly growing markets, President says it’s not possible to lead a truly global business “from a boardroom in Connecticut”
The UAE’s Ministry of Finance placed Dhs70 billion ($19.1 billion) with banks after the 2008 financial downturn.
Investcorp has been selling assets and making new investments as financial markets recover from the Arab Spring.
Mohamed Al Mubarak was named the deputy chief executive and chief portfolio officer of the new entity.
Latest capacity increase means the airline’s services have grown more than five-fold since it first flew to Perth in 2002
Awqaf are believed to control tens of billions of dollars worth of assets around the Muslim world.
Omani gas production has risen sharply over the last decade and the country remains a net gas exporter.
Chicago schedules amended to three-a-week and Chengdu is put on hold
Inflation in the Kingdom reached a seven-month high of 4.2 per cent year-on-year in January.
Average oil production in the country was at 884,900 bpd in 2011.
Profit was boosted by higher revenue in Qatar, Indonesia and Iraq.
The struggling carrier said further adjustments would be made across all levels of its organisation.
Al Habtoor has talks with global operator about potential projects at home and abroad
The company expects to finalise details of the initial public offering by the end of June.
The new company, called Noor Awqaf, is being set up with a share capital of Dhs10 million.