Food and beverages, mining and construction are among the growth sectors.
The UAE’s national railway network will span 1,200 kilometres and form part of the planned Gulf-wide railway network.
All operations in which Qtel owns a controlling interest will rebranded under the new name.
Sheikh Nahayan bin Mubarak has cancelled the deal less than two weeks after it was signed.
The deal confirms Etisalat as FC Barcelona’s main sponsor in UAE, Nigeria, Ivory Coast, Benin, Togo, Niger, Gabon and the Central African Republic.
Investment Corporation of Dubai, which controls some of Dubai’s top companies, expects to complete a deal this year.
Food is the largest segment of consumer expenditure in the region and stood at $83 billion year-end 2012, says new report.
The Saudi-based juice manufacturer, which signed a $1 billion deal with Coca-Cola in 2011, plans to launch Rani and Barbican brands in international markets.
There are now 18 banks in the sultanate after last year’s merger between the local business of HSBC Holdings and Oman International Bank.
Qatar National Bank had planned to buy 77 per cent of National Societe Generale Bank last year.
Etisalat is talking to banks about a syndicated loan of up to $8 billion to finance the potential transaction.
Wafik Nsouli will take charge as executive director and head of institutional equity sales
The Dubai-listed company has proposed to pay a cash dividend of 5 fils per share to its shareholders.
Greater investments in sustainability are urgently required, say experts.
Once complete, the facility will have the capacity to import nine million tons per annum of LNG.
The Dubai developer’s shares jumped 4.6 per cent to hit Dhs5.15, its highest close since November 2008.
The Gulf’s second-largest chemical producer made a net profit of 1.8 billion riyals ($494.4 million) for the fourth quarter.
The UAE lender will issue a benchmark-sized five-year bond and also a ten-year subordinated deal.
The Qatar sovereign has ratings of Aa2 from Moody’s and AA from S&P, and was in the bond market last summer with a $4 billion sukuk issue.
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.