The world’s number one golfer parts ways with the Dubai hotel group as Nike beckons.
The acquisition of the 205.5MW Lakefield wind project in Minnesota is expected to close in Q1 2013.
The former world number one will compete for the $2.7 million prize at the Abu Dhabi Golf Club on January 17.
Dubai’s biggest bank will offer 1.5 billion shares at Dhs1 each between January 25 and February 3.
Oil minister Mohammed al-Hamli said he hopes production capacity will reach 3 million bpd this year.
The carrier’s chief executive has said he is not worried by the latest faults to affect Boeing’s 787 aircraft.
The emirate plans to form a committee to work on six major initiatives under the project.
The Kingdom’s Shura Council is expected to announce the names next week, says report.
Etihad Cargo announces new direct weekly freighter operation from Abu Dhabi to Guangzhou.
The on-off negotiations over 60 fighter jets have been ongoing for several years.
Two more 787s have been grounded after mechanical problems and fuel leaks.
Accor’s latest contract targets underserved sector
A feasibility study is currently being carried out on the proposed project.
The Gulf state aims to merge eight state-run pension funds to improve efficiency.
Gulf carriers are looking to capitalise on national carrier LOT’s precarious commercial situation, and others regionally
The country’s government said the changes bring Kuwait into line with democratic norms elsewhere.
Sheikh Hamad bin Jassim al-Thani has said $0.5 billion will be a grant while $2 billion a deposit.
The emirate’s residential property index jumped 13.46 per cent in 2012.
The two Abu Dhabi-based property developers have a combined market capitalisation of about Dhs10 billion.
The company has launched it’s first store outside the Middle East in London.
The proceeds of the sukuk will be used to refinance existing debt and to invest in company projects.
The number of stores at the adjacent shopping centre is set to rise from 200 to 350 this year.
The UAE government’s two-month amnesty programme extends until February 4.
The Louvre museum in the emirate is due to be completed in 2015.
Capivest, Elaf Bank and Capital Management House have merged after more than a year of negotiations.
The proceeds will be used to settle trade creditor claims against the Dubai developer.
The emirate’s real estate sector edged backed to life in 2012.
Apartment rents in Dubai rose seven per cent year-on-year, while villa rents increased six per cent year-on-year in 2012, says new report.
It marks the airline’s fifth route in Saudi, alongside Riyadh, Jeddah, Medina and Dammam
Gulf Air cited “commercial reasons” for the decision, which will place the carrier under renewed scrutiny.