Etihad’s pause over taking a stake in Jet Airways highlights the difficulties Gulf investors have faced in India.
Shares in Germany’s second biggest airline jump after Etihad Airways buys stake in frequent flyer programme.
The firm made a net profit of 209.6 million riyals ($55.9 million) in the fourth quarter.
The Czech claimed her 10th tour victory with the win over Sara Errani on Saturday.
The Gulf state is pushing ahead with a $2.6 billion plan to build a 36 km causeway connecting Shuwaikh port with the north of the country.
Deal provides Abu Dhabi carrier with better connectivity throughout Africa and Nairobi-based airline with improved international access.
Donor countries meeting in Kuwait last month pledged more than $1.5 billion to aid Syrians affected by the civil war.
The government’s bumper spending spree translated into higher salaries in the Kingdom.
Alongside funnelling east-west business traffic via Doha, the new route will appeal to leisure travelers.
The issue will be split equally between a local offering and global depositary receipts (GDRs) in London.
Mace will manage the development while the 1km tower will be built by Saudi construction firm Bin Laden Group.
The French Rafale jet and BAE Systems-backed Eurofighter Typhoon are in a closely-contested race to win the deal.
The bank made a net profit of $26 million for the final three months of 2012, meaning a full-year profit gain of 13 per cent.
The real estate firm recorded improved sales in established communities such as Downtown Dubai and Dubai Marina.
Dubai opens its boat show as survey reveals 60 per cent of world’s top 100 superyachts are in the Middle East.
International Finance Corp is to buy into the lender with a 5.28 per cent private share placement.
The group will now be known as UAE Banks Federation to better reflect ‘the union of UAE banks’.
Last year the operator wrote off the $827 million value of its Indian operation in its 2011 fourth-quarter results.
The lender said earlier this month it was seeking regional acquisition targets after selling a 29.4 per cent stake in Qatar’s Ahli Bank.
King Abdullah is seen as having pushed to cautiously advance the role of women in Saudi society.
Qatar Holding’s vice-chairman says the firm will invest in shares, bonds and private equity.
The developer is showcasing its Dubai-based properties to Indian investors.
The tiny Gulf state will spend $220 billion in total as part of its National Vision 2030.
Aldar, which has been bailed out by the Abu Dhabi government over the past two years, plans to merge with rival Sorough.
As part of the contract, DSI will undertake MEP works for a mixed-use real estate development in Doha.
The telecoms operator made a fourth-quarter net profit of Dhs994 million, up from Dhs440 million in Q4 2011
The Abu Dhabi-listed energy firm missed repayment of its $920 million sukuk last year.
The largest deal was for 750 mine-resistant, ambush-protected, all-terrain vehicles from Oshkosh Corp.
The money will be disbursed on an annual basis over the next 10 years.
Once again, Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud tops the Gulf Business power list. In an exclusive interview, he opens up to Aarti Nagraj on how it felt to double his share price in 2012 and why he fears for the Saudi unemployment timebomb.